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Construction & Project Insurance

Contractor’s Plant & Machinery (CPM) Insurance

Because when machines fail at site, projects and profits suffer.

For contractors, infrastructure companies, and EPC players, plant and machinery are the backbone of on-site execution. Excavators, cranes, batching plants, loaders, and heavy equipment operate in high-risk environments every day.

A single accident or breakdown at site can derail project timelines and cash flows.

Halt project execution instantly

High repair or replacement costs

Project delays & penalty exposure

Cash flow & profitability impact

Contractor’s Plant & Machinery (CPM) Insurance protects construction equipment against sudden and accidental loss or damage, ensuring projects continue without financial shocks.

At JSR Insurance Marketing LLP, CPM Insurance is structured as a project continuity and asset protection solution, not just an equipment cover.

Who Should Opt for CPM Insurance?
  • ✔ Civil & construction contractors
  • ✔ Infrastructure & road contractors
  • ✔ EPC & turnkey project companies
  • ✔ Builders & real estate developers
  • ✔ Equipment rental companies
  • ✔ Businesses owning heavy construction machinery

If your projects depend on on-site machinery, this cover is critical.

What Is CPM Insurance?
  • ✔ Machinery operating at project sites
  • ✔ Machinery idle at site
  • ✔ Equipment being dismantled or shifted within site
  • ✔ Transit risk (if extension is opted)

It protects the capital investment made in expensive construction equipment.

What Does CPM Insurance Cover?
  • ✔ Accidental damage during operation
  • ✔ Fire, explosion & natural calamities
  • ✔ Collision, overturning or collapse
  • ✔ Damage due to handling errors
  • ✔ Theft (subject to policy conditions)

Coverage applies only to sudden and unforeseen events, not wear and tear.

What Equipment Can Be Covered?
  • ✔ Excavators, loaders & backhoe machines
  • ✔ Cranes, tower cranes & hoists
  • ✔ Batching plants & concrete mixers
  • ✔ Road rollers, pavers & graders
  • ✔ Drilling, piling & foundation equipment
  • ✔ Mobile construction machinery
Common Exclusions (Important to Know)
  • ✔ Normal wear and tear
  • ✔ Mechanical or electrical breakdown (unless extended)
  • ✔ Poor maintenance or negligence
  • ✔ Usage beyond manufacturer limits
  • ✔ War or nuclear risks
Why CPM Claims Get Reduced or Rejected
  • ✔ Incorrect machinery valuation
  • ✔ Non-disclosure of machine specifications
  • ✔ Absence of maintenance records
  • ✔ Unsafe operating conditions

These issues usually surface only at the claim stage.

CPM Insurance vs Other Construction Covers
  • ✔ CPM Insurance – Covers construction machinery & equipment
  • ✔ CAR Insurance – Covers work-in-progress & third-party liability
  • ✔ EAR Insurance – Covers erection & installation projects

Together, these provide end-to-end project risk protection.

How We Help at JSR Insurance Marketing LLP
  • ✔ Identify all plant & machinery at site
  • ✔ Ensure correct valuation & sum insured
  • ✔ Recommend necessary extensions
  • ✔ Align CPM with CAR & Workmen Compensation policies
  • ✔ Assist in claims & conduct periodic reviews
How This Fits Into Asset Protection Planning
  • ✔ Contractor All Risk (CAR) Insurance
  • ✔ Workmen Compensation Insurance
  • ✔ Public Liability Insurance
  • ✔ Marine Transit Insurance for machinery movement

Ready to Protect the Machines That Build Your Projects?

If your timelines and profitability depend on construction equipment, CPM Insurance deserves professional structuring.

Schedule a Confidential Consultation

Structure your CPM insurance the right way

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