Heavy equipment insurance is an insurance that provides compensation when heavy equipment is damaged and/or lost due to an incident caused by guaranteed risks.
Coverage
Comprehensive: Cover the risk of partial or total loss/damage due to the risks covered in the Heavy Equipment Insurance Policy.
Total Loss Only (TLO): Offers protection for the heavy equipment from risks of theft, fire or accident which causes a damage or loss reaching a minimum of 75% of the market price of the equipment.
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