|Scope of Cover|
|The Boiler policy covers three main areas.
The basic covers is limited to damage or liability solely due to sudden explosion or collapse (implosion) of those parts of the boiler (or vessel) which are under pressure.
|Any vessels under steam or air pressure e.g. steam boilers, economizers, calorifiers, air receivers cylinders, superheaters.|
|The Sum Insured under (1) should include an allowance for damage due to a major explosion to surrounding property as well as the replacement value of the boiler or vessel if the indemnity is to be complete.
The replacement value should include freight, dues and customs duties and any additional cost of erection.
|The policy is subject to a minium amount of deductible
|Refer to the Company|