Things can and do go wrong in the course of business. Machinery or computer equipment can break down. Construction problems can arise. The list is almost endless and all can damage your financial performance ... unless your activities are protected by Vero.
You don't want to think about it, but you have to. Your machinery can break down. Boilers, pressure vessels, lifts, hoists, cranes, lifting machinery, electrical and mechanical plant. They are all at risk.
But for all those risks, there is Vero Machinery Insurance, which covers overheating, operator error, collapse, pressure explosion of boilers and collapse.
This policy is as flexible as your use of machinery. From specific items of plant to complete installations, Machinery Insurance can pay for the repair of your machinery, as well as protect you from the ongoing financial consequences of breakdown.
Machinery Business Interruption Insurance works as a partner to your Machinery Policy. This policy covers your financial loss from the interruption of your business caused by the breakdown of your machinery. You can also choose cover for loss of gross profit, payroll or wage costs or any increase in the cost of working.
You can cover your whole installation, or select specific items.
To apply for Machinery Insurance or Machinery Business Interruption Insurance cover, please complete the proposal form below and submit to your Broker or Insurance Adviser.
Contractors and Contract Principals need cover. Lots of it. For physical loss or damage at the contract site or in transit to the site and additional post loss costs, such as architects fees, demolition / removal of debris or increased costs of materials. Vero covers it all.
Contract Works Insurance covers:
Civil engineering construction projects
Construction of roads, railways, bridges, etc.
New construction, additions, alterations
You are covered for physical loss/damage to your permanent or temporary works. You can add cover for your constructional plant (owned or hired) or in the case of additions or alterations, damage to the existing structures / plant, being worked upon, arising out of the performance of the contract.
Your policy can be based on annual cover, or cover for specific projects.
Advanced Loss of Profits is an optional extra to Contract Works Insurance. The risks covered by Contract Works Insurance can cause delays in the handover of your project. This could affect your anticipated profits / rentals or increase your costs - through additional interest charges for instance. Advanced Loss of Profits insurance could protect you from financial loss arising from an event insured under your Contract Works policy.
To apply for Contract Works Insurance or Advanced Loss of Profits cover, please complete the proposal form below and submit to your Broker or Insurance Adviser.
If you are moving your own or a third party's machinery, you need a policy that covers the entire operation. Dismantling, loading, transit, unloading, erection and resiting. Machinery Transit & Erection Insurance has you covered - with the choice of year-wide protection or cover for specific projects.
To apply for Machinery Movement cover, please contact your Broker or Insurance Adviser.
Erecting and installing plant and machinery carries risks to the equipment and to your business. Erection Works Insurance offers machinery installers and contract principals a comprehensive range of cover:
physical loss or damage to permanent and temporary works
constructional plant used on the contract (your own and hired)
annual cover or cover for specific projects.
To apply for Erection Works cover, please contact your Broker or Insurance Adviser.
Contractors Plant and Equipment insurance covers machinery and plant in general use on a contract site. Whether the equipment is hired or your own, this policy protects it from material damage, including theft and malicious damage, fire, impact and water damage. You can choose to cover individual items or the whole schedule of plant, single site or multiple sites.
To apply for Contract Plant and Equipment cover, please contact your Broker or Insurance Adviser.
Please Read This Important Information
This on-line information is provided by Vero and is intended to provide summary information as an introduction to the main features of this Vero product. For further information on this product, please download a specimen copy of the policy document, and/or product brochure (if available) or speak to your broker / adviser about Vero products.
A decision to purchase this product should be based on more comprehensive detail than is provided by this summary and you should not rely solely upon this summary. The policy document describes in detail the benefits provided, exclusions and how your policy works. The Vero product described in this on-line information is offered by Vero Insurance New Zealand Limited and is only available within New Zealand.
Vero sells its products through independent brokers. You can find a broker near you with the help of Vero’s Broker Locator...