Boiler and Pressure Vessel (BPV) Insurance

Product Overview

Boilers and Pressure Vessels are some of the most important components in steam power stations, factories, plants and mills. They are consistently subject to pressure and need to be protected by safety valves.

This means that they are constantly at high risk, and any kind of damage to these components can be crippling to the factory or plant.

Our Boilers and Pressure Vessels Insurance can help safeguard your enterprise against such instances of damage. We cover you for a variety of risks, and support you with financial help if any debilitating issue with your boilers or pressure vessels causes a stoppage in your operations.

What's Covered

Your liability on account of fatal or non-fatal injuries to any persons other than your own employees or workmen or members of your family
Damage (other than fire) to any boiler or pressure vessel
Explosion or collapse of any boiler or pressure vessel in the course of ordinary working
Your liability for damage to property not belonging to you

How to Get Insured

Apply by Phone

Call us at 800 SUKOON (785666) for more information and to enrol over the phone.

Apply by Email

Drop us an email with all your details and we'll get back to you soon.

Apply in Person

Walk into one of our branches to get information, apply, and enrol in person.

Product Resources

FAQs

Do you cover faulty design, defective material and workmanship?

No, any loss or damage to items that are immediately affected by the above are not covered. However, your insurance can be extended to cover any loss or damage to the correctly executed items resulting from an accident that happened because of faulty design, defective material or workmanship.
Is war risk cover compulsory?

No, it's not. It totally depends on you. But we would say that it is advisable.
Our stock rotates every month. How will you provide coverage for it?

So, this is how it goes. You will need to estimate the maximum value of the stock that you may be holding at a particular point of time during the policy. This will be considered as the sum insured and the premium rate is charged based on this amount.

At the beginning of each month, you will need to declare the highest value of the stock that you were holding during the previous month. The same will be considered as the declaration for that month. At the end of the policy period, the premium is adjusted based on the average monthly declarations provided by the insured.
We are manufacturing plastics. Can you provide insurance for us?

To be honest, we don't usually insure plastic factories. However, you can reach out to us and we can come to a decision based on your case.
What are the categories of Total Loss?

Actual & Constructive Total Loss.

See more FAQs

What our customers think

I have not faced any difficulty in reimbursing my filed reimbursement. No delays, no unnecessary cutting of dues. Received within the given time.

Ali
The customer service I received from your staff was very good. They were friendly and very professional at the same time. They helped me with my queries. Your website too is very user friendly.

Sandra
The claims process is very easy and the customer care is top-class. I am very happy with the service provided to me. Keep it up.

Praveen
I liked the approach and I got the money directly credited to my bank account within no time! Thanks:) Looking forward to doing more with Sukoon.

Prakashan
Excellent support, and very quick service. I was shocked I got my insurance within two hours on a Saturday while at the seat of my office.

Yacoub
The employee was very co-operative and fast, plus gave me discount. Finished everything online, no need to visit any office.

Muna

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