Equipment Insurance That Works
as Hard as You
Best Contractors Plant & Machinery Cover in UAE
Shield your machines from damage, theft, and uncertainties so that your projects never stop.
What is CPM Insurance?
Contractors’ Plant & Machinery (CPM) Insurance offers comprehensive protection for construction equipment whether operating on-site, resting, undergoing maintenance, or being dismantled and reassembled. This policy safeguards your machinery from unforeseen physical damage or loss due to accidents or other sudden causes, ensuring your project continues without costly delays.
Who Needs CPM Insurance?
This policy is vital for:
If you own or operate construction machinery like excavators, cranes, compressors, or earthmovers CPM insurance is a must-have to protect your investment.
What Is Covered?
Your CPM insurance provides coverage against:
- Sudden and accidental damage from external causes like impact, fire, overturning, flooding, or operator error
- Damage during use or rest, during dismantling for maintenance, or while being reassembled post-servicing
- Costs of repairs or replacement for damaged machinery including dismantling, freight, and customs duties
- Partial and total losses, subject to limits and depreciation terms
- Salvage value adjustment factored into claim settlements
What Is Not Covered?
While CPM insurance is robust, the following are typically excluded:
Wear and tear, rust, corrosion, or deterioration due to lack of use
Electrical or mechanical breakdown (unless it causes further insurable damage)
Damage to replaceable parts (e.g., belts, blades, tyres, batteries)
Loss or damage while in transit (unless specifically endorsed)
Underground machinery (unless endorsed)
Waterborne equipment or general road vehicles not used exclusively on-site
Damage due to war, riots, terrorism, nuclear risks, and wilful negligence
Consequential losses, inventory discrepancies, or fraudulent claims
Why Choose Us?
Customized Coverage Plans
Tailoring insurance policies to fit the specific needs of clients, ensuring protection against various risks such as fire, natural disasters, theft, equipment failure, and liability exposures.
Risk Assessment and Prevention
Providing expert insights to identify potential risks and recommend preventive measures to safeguard assets and operations.
Efficient Claims Support
Assisting clients with a smooth and timely claims process to minimize financial loss and operational disruptions.
Comprehensive Policy Management
Ensuring coverage evolves with business growth, regulatory changes, and industry requirements.
Cost Optimization
Helping clients secure competitive insurance premiums while maintaining high-quality coverage
Hear from Our Happy Clients
Talk to your Trusted Insurance Advisor
- LOCATION : Offices 112 & 113, Al Shafar Investments Building, 3rd Interchange - Sheikh Zayed Road, Dubai, UAE
- TELEPHONE : 800 327 6378
- EMAIL : earnest@earnestins.com