Policy is issued to cover Contractors Plant and Machinery like pile driving equipment, excavators, compressors, cranes, mixing plants, stone crusher, bulldozers. Perils covered are unforeseen and sudden physical loss or damage from any cause including fire and lightning, external explosion, burglary, theft, riot and strike, malicious damage and terrorism, earthquake, flood and other act of God perils, accidental damage due to man-handling, dropping or falling, collapse, collision and impact. CPM is covered while it is at work or at rest, while being dismantled for cleaning or overhauling or reassembling thereafter. The machinery is covered while the same is lying at Contractors own premises or at the various sites or locations. Transit risk from one site to another is not covered under this policy. In respect of Machinery/equipment, whether registered with RTO or not, but engaged at the Project site, the Insured, has an option either to select the Motor/Non-Motor Policy under Motor Tariff or CPM Policy in the Engineering Department. Supplementary Covers: TP Liability and TP property damage, Expenses incurred for overtime, express freight, air freight, over time, holiday rates of wages, etc, Cost incurred in the Clearance and removal of debris following an accident, Loss or damage to existing surrounding property, additional custom duty.