Insurance of installations

Insurance of installations not subject to registration


Applicability


By the present insurance policy there are insured the self-propulsion installations such as installations attached to or pulled by such, which are not subject to registration, for the damage caused to them when in storage (in open or closed especially arranged areas) or in movement from the work points or in operation. 

In the meaning of the present policy, it is understood by installations:  agricultural tractors, harvesters, seeding machines, auto-graders, frontal careers, pilers, baling presses, plows, harrows, disks, plant locomotives and other similar installations.  

Covered risks


fire, thunder, explosion


collisions, hitting, bumping


arbitrary acquirement of the installation by third parties.

Compensation will be awarded, within the limit of the insured amount, for: 


the expenses with the installation incurred for the measures taken during the insured event occurrence; thee expenses incurred in the view of limiting the damage; civil risks covering, on the Romanian territory: 

the accidental damage caused to motor vehicles specified in the Insurance Policy because of strikes, civil actions, spontaneous manifestations, riots and civil actions;  burning of the motor vehicles included in the Insurance Policy because of strikes, civil actions, spontaneous manifestations and riots.  


Insurance in case of damage and theft of non-registering installations

Applicability


The object of the insurance is represented by the self-propulsion or towed installations used in the construction field (scoop shovels, bulldozers, graders, chargers, compactors, compressing rolls, asphalt finishers, machines for road cleaning and maintenance), machines for the clearing out of snow, agricultural installations (agricultural tractors, harvesters, seeding machines, sprinklers, baling presses, plows, harrows), installations with special destinations, etc., during the movement thereof or within the working premises.      


Insured risks


Compensation is awarded for the material damage caused by collision to other vehicles, falling or overthrow, theft, fire, thunder, explosion, natural or atmospheric phenomena (pouring rain, hail, flooding, hurricanes, earthquakes, falling or slipping of land), falling of different bodies on the construction where the installation is located.


Excluded risks


Damage during the functioning process, fabrication or flaws of the material or execution flaws of the components or parts thereof, damage caused by suction of water in the engine. 

The insured amount


The installations are insured at the amount stated by the insured; such amount cannot not be greater than the real value thereof. 

Validity


usually, the insurance will be concluded for one year.


Compensation


Compensation will be awarded, for the insured amount, also for the following costs and expenses: 


- costs /expenses incurred for the measures taken for the limitation of any damage, within the limit of 20% of the insured amount of the concerned goods;  


- costs /expenses for the insured good transportation to the repairing shop the nearest to the damage occurrence place, which is able to make the repairing or to the nearest place for the sheltering of the insured good (if it cannot be moved by self-movement), within the limit of the transportation costs /expenses charged by the specialised units, but no more than 10% of the insured amount for the concerned good. 

   

Insurance of installations and appliances 

Applicability

This policy includes the machines, appliances, installations owned by the insured, located at the address mentioned in the policy, within premises where the insured conducts their activity.

They are insured for the operation period or for standstill periods as well as for periodic maintenance / repairing execution.

• Insurance of the installations and appliances for the assembly risks

Because of inappropriate handling, of assembly errors, etc., during the appliances and installations assembly period, but especially during the functioning or charge testing, damage may be caused, which the Provider is bound to bear in order to finish the works or to pay as compensation owed to third parties for the prejudice which they are responsible for, under the law.

   

• Insurance of the installations and appliances for the assembly risks in case of damage

During operation, the installation may be damaged or destroyed by causes such as: faulty materials or moulding, designs errors, faulty execution, incompetence, negligence, insufficient water in the heaters, explosion, dismantling caused by centrifugal forces, short-circuits or other causes which entail the repairing or replacement thereof. 


Compensation are awarded for


fabrication /material / flaws or assembly errors;
operation negligence /error /wrong handling damaging of the measurement and control appliances and /or of the security systems;
short-circuit, overvoltage;
damage /destruction of the devices temporarily mounted on the insured installations /machines (I simultaneously damaged).
The material damage resulting from the non-execution on time of the regular maintenance activities and from the inadequate maintenance.        

Insurance of installations and appliances for accidental damage

Applicability


The Insurance Policy for the accidental damage of installations and appliances concerns the owners and users of production machines, installations and devices. 


By this policy the following mat be insured:


• the machines, the machine tools, the productive appliances and installations of the following industries:   mine, chemical, polygraphic, alimentary, textile, wood processing, metal processing, construction material industry, machine-building industry, etc.;


 • appliances of the power, thermal plants, etc.;


• agricultural installations;


• installations used for transportation, rolling material, cranes, rolling bridges, etc.;


• appliances representing the rigging of buildings:  heating, air conditioning, illuminating appliances, elevators, auto repairing, etc.


• storage , refrigerating appliances.  

Covered risks


By this policy the damage caused suddenly faults, shutdowns, short-circuits or electrical or mechanical defection, faulty materials or moulding, designs errors, faulty execution, installation or assembly errors, faulty execution, incompetence or  negligence, insufficient water in the heaters, explosion, dismantling caused by centrifugal forces.

The installations Insurance Policies covers the insured goods which have been accepted following the functioning testing, during operation or in standstill, or dismantled in the view of cleaning or repairing thereof, or under performance of such operations or of movement to another place in the same location, or during further re-assembly thereof. The basic condition that such goods be insured is that they are in good functioning state.

Compensation

By this Insurance Policy there are covered the legal fees in relation to the repairing or replacement of the insured goods following the accidental damage thereof by one of the following causes:    


• fortuitous work accidents (faulty adjustment of machines, throwing during functioning of different components, faults or functioning errors of the protection devices, accidental entrance of foreign bodies in the machine body.)


• dismantling of the installation because of the centrifugal force


• accidental lack of water in the heaters or the containers under pressure  


• overpressure


• short-circuit, overvoltage, over-charging, forming of voltaic arcs, induction  

   
• design or fabrication flaws or errors, flaws of the materials or assembly or installation errors.  


• faulty handling of the machines, lack of skills in the handling of the machines, negligence or bad faith of the insured’s employees. 


• storm, freezing, weight of the snow and/or ice layer(s).