Brief description of damages*
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*Please note: If you have checked the box, you will receive calls from Magma even
if you are on the DNC list.
Specially designed to protect the interest of civil contractors,
our Contractor's Plant & Machinery Policy ensures that you are
well covered against the damage or destruction of various civil
engineering projects. These projects include accidental damage to
civil construction works, contractor's plants & machinery at
the construction site and damage/ defects during the subsequent
period of maintenance for which you are liable under the terms of
the agreement between the contractors and the principle.
Contactor's Plant & Machinery Policy covers loss or damage
to the contractor's property due to any cause that is accidental
and external in nature. Cover operates when the insured property is
at work or at rest or being dismantled for the purpose of
cleaning/overhauling or during subsequent re-erection.
The cover will come into effect with the commencement of work or
after the items entered in the schedule of the insurance policy
have been unloaded at the site whichever is earlier and shall
expire on the date specified in the policy. However, company's
liability expires for parts of the insured contract, works taken
over or put into service by the Principal prior to the expiry date
specified in the policy whichever is earlier.
Rating depends on:
Magma HDI General Insurance Co. Ltd. All Rights Reserved.
IRDAI Reg. No. 149 dated 22nd May, 2012. CIN: U66000WB2009PLC136327
Insurance is the subject matter of solicitation.
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are for representative purposes
only and are not indicative of anyone's personal thoughts or ideas
Magma and HDI names and logos are trade names/marks of Magma
Fincorp Ltd., and HDI Global SE
and are being used by Magma HDI General Insurance Co. Ltd., under
agreement with owners of such trade names/marks.
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And in case you don't get a call within 24 hours,
please call us on 180030023202 and quote this reference number.
If you are registered with DNC,
then please call us at 180030023202
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