Safeguarding Your Machinery and Plant, So You Stay Productive and Resilient
Sukoon Contractor’s Plant and Machinery Insurance protects small- to medium-sized construction contracting businesses from financial losses caused by damage to machinery or plant. These assets are costly to repair, and any disruption can halt operations, affecting productivity and revenue. Our annual policy covers a wide range of risks and damage scenarios for insured items, whether at work, at rest, or during maintenance, ensuring your business remains protected and operational.
Key Highlights
Any unforeseen and sudden physical loss of or damage (not specifically excluded) to the insured items, necessitating their repair or replacement
The cover applies to machines at work, at rest or during maintenance operations, and is not limited to a specific construction site
What’s Covered
Mobile Construction Machinery
This includes all self-propelled machinery, including:
- Earth-moving machines (loaders, scrapers, bulldozers, graders, excavators, trenching machines, wheel excavators, draglines)
- Mobile tunnelling and mining machines
- Road surface finishers, compactors and rollers
- Pile hammers, mobile pile boring wall excavating rigs, drilling units on crawler chassis
- Mobile cranes
- Mobile conveyor systems
- Mobile power generating equipment
- Mobile auxiliary plant
- Special purpose material handling machines
Stationary Plant
Under the stationary plant category, we cover the following:
- Conveyor systems
- Concrete batch plants
- Asphalt mixing plants
- Tower cranes and hoists
- Power-generating and distribution equipment for construction sites
your questions answered
We are here to help. Find the most commonly asked Contractor’s Plant and Machinery (CPM) Insurance questions.
No, inland transit is usually an exclusion. However, the policy can be extended to cover inland transit, at terms to be agreed.
Yes, third-party liability is covered while the equipment is being used as a tool-of-trade within contract sites.
In CPM policies, the sum insured is calculated based on the current new replacement value irrespective of the original purchase value.
You should buy an annual policy for Contractor's Plant and Machinery if your machinery is going to be used in different locations throughout the year.
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HEAD OFFICE
CUSTOMER SERVICE CENTRE
800 SUKOON (785666)COMPLAINTS
GENERAL ENQUIRIES
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Sukoon Building,
Omar Bin Al Khattab
Street, Next to Al Ghurair
Mall
Deira, P.O. Box 5209
Dubai, United Arab Emirates
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Visit any of our branches to get expert advice, complete your application, and enroll on the spot.