Boiler Pressure plant

Protects the Boilers and other Pressure Plants against the risk of any damage to itProtects the surrounding propertyCovers against the accidental death or injurySpecific expenses incurred due to loss or damage to the insured items.

The Policy covers the insured Boiler and other Pressure Plants against the following risks:

Damage to the Boiler and/or Pressure Plant described in the Policy Schedule due to accident (other than by fire)Damage to surrounding property of the Insured described in the schedule or property held in trust or on commission for which the Insured is responsible due to accident to the insured property (other than by fire)Liability towards death of or bodily injury to any person or damage to property not belonging to the Insured in the event of explosion or collapse of the Insured Boiler/Pressure Plant.Further, on payment of additional premium, the following coverages can be extended to cover expenses relating to:Express Freight, Holiday and Overtime Rates of WagesAirFreightOwner's Surrounding PropertyAdditional Custom Duty

The Company will not be liable under the Policy in respect of loss or damage due to Fire and allied perils.War, war like operations and nuclear perilsExperiments on the insured items that would have imposed abnormal conditions to their workingGradually developing flaws, defects, cracks, partial fracturesDefects due to the wearing away or the wasting of the materials of a Boiler or a Pressure Plant whether by leakage, corrosion or by the action of the fuel, failures of joint within the range of steam or feed pipes, or for bulging and deformation due to overheating of tubes (unless such defects, fracture, failure or bulging result in explosion or collapse) or for the cracking of section of cast-iron heating boilers or other vessels constructed of cast ironThe failure of individual tubes in Boilers of the water tube locomotive or other multitubular types, in Super heaters or in EconomizersApplication of steam hydraulic or any other test of this plant as specified by Inspecting Authority or otherwiseWillful Act, Willful Damage or Gross Negligence on the part of the InsuredLiability assumed by the Insured on agreement Faults/defects existing at the time of commencement of this InsuranceLoss of use of the Insured's plant or property or any other consequential loss incurred by the InsuredLoss or damage for which the manufacturer or supplier or repairer of the property is responsible either by law or under contracts..