You may have purchased some second-hand or new equipment & machinery for use in your business which have cost you a fortune.

China Taiping Insurance “Equipment All Risks” policy covers your expensive equipment such as photocopiers, office partitions, generators, forklifts, warehousing systems, production plants, excavators, tower cranes etc. against accidental lost of or damage whilst in the situation of risks from any cause other than those specifically excluded under the policy.

Some of the common exclusions are listed below :

	The deductibles mentioned in the Schedule to be borne by the Insured in respect of each of every claim.
	Loss or damage arising from wear & tear, depreciation, gradual deterioration, rust, corrosion etc..
	Breakage or scratching of glass or other substances of a brittle or fragile nature not due to fire or thieves.
	War invasion act of foreign enemy hostilities or warlike operation (whether war be declared or not).
	Civil war mutiny civil commotion assuming the proportions of or amounting to a popular rising military rising insurrection rebellion revolution military or usurped power.
	Any consequence of strike or riot.
	Waterborne Risks.