This is a specially designed policy which covers accidental loss or damage to a Boiler & Pressure Plant. In this Industrial era manufacturing units are exposed to Boiler explosion risk within premises. Gulf Unions Boiler and Pressure Plant Insurance covers damage to boilers & pressure plant with damage to surrounding property and Third Party legal liability arising due to explosion and collapse of the boiler/ pressure plant during its normal course of working.

altPolicy Coveragealt

The Policy covers physical loss or damage to boilers and/or other pressure plant against unforeseen and sudden physical loss of or damage due to explosion or collapse of the insured items. Coverage includes:
  • Damage (other than Fire) to the boilers & pressure vessels;
  • Damage to surrounding property – Upto Limit agreed and
  • Third party legal liability due to Explosion/ Collapse/ Implosion – Upto Limit agreed


  • Express freight (excluding airfreight), Overtime and Holiday rates of wages.
  • Airfreight
  • Owner’s Surrounding Property
  • Third Party Liability
  • Additional Customs Duty

altSum insuredalt

Sum Insured should represent their new replacement values


Premium depends upon Type of Boiler and Age of Boiler


The policy is subject to a compulsory excess


The policy does not cover any losses or damage due to

  • Fire, smoke, soot, aggressive substance lightning, theft, collapse of buildings, subsidence, landslide, rockslide, water.
  • Accident loss damage and/or liability resulting from overload experiments or tests requiring the imposition of abnormal conditions.
  • Loss or damage for which the manufacturer or supplier or repairer of the property is responsible either by law or under contracts.
  • Political risks.
  • Nuclear reactions, Nuclear radiation or radioactive contamination.
  • Willful act or willful negligence.
  • Wear and tear.
  • Inherent defects.
  • Lack of maintenance.
  • Consequential loss.

Note: Policy details given are indicative, not exhaustive. Please contact your Gulf Union office for further details.