Contractors Liability

Broadform liability policy developed into several different packages to suit a range of contractors eg. Earthmoving Contractors, Crane Operators, Drill Rig  Operators etc. 

The cover offered is: “The operation (ie “tool of trade risk”) of Machinery listed in the schedule which includes the activities of persons employed by the Insured directly associated with such operation together with the use of any property by the Insured for their administration, maintenance or storage purposes in connection with such Machinery”.

For cranes this automatically includes Hook Liability to a sub limit of $500,000 if the liability limit taken is $5 mil, or $1,000,000 if the limit of indemnity is $10 mil or higher.
 
Note:
It is important to be aware of the recently discovered problems regarding unregistered units on what was previously thought to be private property

For detailed descriptions please refer to our “CPI Handbook”