Our new section for own and hired in plant

AXA are launching a new section as part of our Commercial and Contractors Combined offerings that caters for our customer’s plant and equipment.

At AXA we have many years’ experience in writing plant risks for customers as part of our Contractors All Risks section, but we recognise that not all customer’s have the need for the works cover and that plant risks have their own complexities and cover needs to be catered for.

With that in mind we have re-assessed the covers that customers in today’s market require and developed a new bespoke policy wording for these needs.

Highlighted covers include:

• 2 years new for old cover
• Construction Plant Hire Association Contract Lift Cover
• Environmental protection cover
• Hired in Plant Negligent Breakdown & Hire Charges Cover
• Hired in Plant Legal Defence Costs
• Immobilised Plant Cover
• Incidental Hiring Out Cover
• Multiple Lifts Cover
• Plant on Free Loan or Demonstration Cover
• Property Insured Hired Out Cover – Pursuit of Recovery Cover
• Replacement Hire Charges to Own Plant and Equipment Cover
• Theft of Fuel Cover

Please see the policy wording under the Contractors Combined and Commercial Combined areas.