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Contractor's Plant and Machinery Insurance

​​​​​​​​​​​​Armour heavy equipments.
Secure plant operations.​

Covers unforeseen and sudden accidental physical loss or damage to the insured machines.​​

Business goes on even when machines do not.

Protect machines against damage from external factors including accidents not specified in exceptions clause of the policy.

Fire

Lightning strike

Explosion

Windstorm

Flooding

Tipping over

Examples of exceptions

Examples of exceptions:

  1. Deterioration of lubricants / lack of cooling oil or fluid
  2. Rusting; deterioration due to usage
  3. Being soaked or submerged under water
  4. All kinds of continuous damage
  5. Terrorism, riot, labor strike, rebellion, war, nuclear accident, radioactivity
  6. Damage suffered during transportation
  7. Damage to parts or spare parts replaceable according to the machine's life cycle, e.g., conveyor belts and blades

How to Apply

Information for underwriting
  • Name of the insured
  • Insured location
  • Details of the machine: model, brand, serial number
  • Records of previous damage
  • Photo of the machine
  • Insured capital (current replacement market value)
  • Maintenance

Contact

Corporate & SME Bancassurance Unit

Kasikorn Bank, Rat Burana Headquarters
Fax: 02-470-4692

Preeda Srirojjariya

Call 02-2732712 / 086-9770132
Email : preeda.s@kasikornbank.com

Natthawat Pornanantasat

Call 02-2731543 / 085-9119124
Email : natthawat.p@kasikornbank.com

Note:

  • Kasikornbank Public Company Limited is a non-life insurance broker that only provides advice, offers products, and facilitates the payment of premiums, while Muang Thai Insurance Public Company Limited and/or other insurance company parties are responsible for coverage and benefits according to the terms stated in the insurance policy
  • The buyer should understand the details and terms of coverage before deciding to purchase insurance