Mobile Plant and Machinery

These are policies designed to cover a wide range of risks specifically on Material Damage, Breakdown of the Machinery, related Consequential Loss as well as the legal liability exposure related to such equipment. Specifically the policy provides cover for:

  • Provides cover for sudden and unforeseen physical loss, damage or destruction for owned or hired in mobile plant and equipment.
  • The sudden and unexpected breakdown of a mechanical, electrical or electronic part of a Machine that prevents the normal use of the machine.
  • Cover for Third Party or Property Damage arising from the use, operation or towing of a registered road vehicle or machine in connection with the business along with the legal liability for personal injury, property damage or advertising injury caused by an occurrence in connection with the declared business activities.
  • Can be extended to cover loss of profits that occurs as a result of damage or breakdown damage (if this cover is taken) to a machine which causes an interruption to the business.

 

The Material Damage section can include

  • Accidental overload for machines designed to lift.
  • Dry hire after the insured declares activity. Includes theft by hirer.
  • Cover for unspecified attachments which reduces chances of having no cover for undeclared items.
  • Substitute machines cover for similar machines whilst insured item is undergoing repair or maintenance.
  • Transit cover by road, rail and air

The Liability Section can include:

  • Liability for either that particular machine or for all declared activities
  • Cover for completed operations
  • Registered vehicles when used as a tool of trade
  • Hook Liability to a specific sub-limit
  • Damage to underground services (with conditions)
  • Dry Hire
  • Hired out road vehicles – damage waivers

Why CPR Insurance Services?

CPR Insurance Services have a range of insurance solutions for Mobile Plant and Machinery whether owned or hired. CPR’s experience in all areas of engineering and construction risks gives you the advantage of fast and accurate advice, no-nonsense claim handling and experts who understand your needs and the nature of the risk exposure.

We have streamlined the whole insurance process so that arranging your cover, managing your claims and taking care of any other needs can be done quickly by phone or email.

Things to remember in Mobile Plant and Machinery Insurance Policies

These Policies generally contain an exclusion for liability assumed or recovery rights waived under contract or agreement, however some insurers will not apply this exclusion to Covered Contracts (which includes contract with Principals). These are contracts between you and your principal for the provision of work or service by you. Covered Contracts do not normally cover any hire agreement or other contract or agreement for the hire or lease of equipment, so make sure the policy is extended to include these where required.

Who can help?

An insurance broker's role is to act as your representative and work in your interests, seeking the best cover at the best price for you from market knowledge. Call a good one.

Call CPR – Experts who will save you.

Latest News

CPR joins Ausure

We would like to announce to all our Clients, Prospective Clients, Suppliers and Insurers, that Cooper Professional Risks Pty Ltd trading as CPR Insurance Services, will be leaving National Adviser Services Pty Ltd (NAS) and joining Ausure Pty Ltd as a Corporate Authorised Representative from 5 March 2018.

Fundamentally, there is no difference to you, except our Invoices will look a little different, and the Banking details will be in a different name and account number. Everything else at CPR stays the same.

There are a number of reasons we have made this decision, but the primary reason is for what we believe is best for our clients.

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Special offer to CPR Insurance clients

Employsure are providing a FREE Business Health Check to all our clients and gives you the opportunity to receive an analysis of the health and safety requirements in your workplace. Also. Employsure  will review your employment agreements as well as your wage rates helping you to avoid workplace claims.

Ordinarily this would cost you at least $1,250 but because you are a CPR Insurance client, it is free!

It involves the following review for you.

SAFECHECK

A specialist Work Health and Safety Consultant will visit your workplace and carry out:

A review of your business’ current work health and safety policies, procedures and systems to identify areas of concern or non-compliance

Following the review, you will receive a report summarising the findings and the health and safety

Status of your workplace

WAGE CHECK

A Wages Adviser will review your rates of pay and produce a Wage Check report.

The review will be conducted against the industrial instrument applicable

A report will be supplied advising if the wages are compliant and what steps to take to achieve compliance

CONTRACT REVIEW

A Document Consultant will review an employment agreement and provide recommendations.

The review will highlight compliance issues with the Fair Work Act 2009 as well as best practice

The report will make recommendations to achieve compliance and provide protection to your business.

This will remove any areas of potential dispute and risk

So what do you have to lose? Contact us on 07 3123 1137 and arrange 

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