This policy covers loss of or damage to the property insured (Machinery) from whatsoever cause arising, subject to specific exclusions.

Property Insured may include:

•Construction Equipment (Tractors, Bulldozers, Backhoe etc)
•Manufacturing and/or Processing Plant Equipment

A full description of the items to be insured including serial and model numbers and individual values must be provided. Copies of receipts and recent valuations should also be submitted. Coverage for these items can be at the insured’s premises and/or anywhere in Trinidad and Tobago.

Beacon’s underwriting consideration(s): The nature of the business, the value and condition of the equipment – whether new or used. A proposal form must be completed and the policy is subject to an excess.