Boiler & pressure vessels for industrial use are
normally covered under the Fire & Extraneous Perils
Insurance. However, the explosion risks of boiler is
excluded from the Fire Insurance and thence the risk
has to be covered under the Boiler Insurance.
Cover
Damage (other than by fire) to the boiler
or pressure vessel cause by and solely due to
explosion or collapse as defined in the policy
whilst in the course of ordinary working.
Interest Insured
On boiler and pressure vessel
Major Exclusions
a.
Normal wear and tear
b.
Damage and/or liability
cause by the wilful neglect of the Insured
