This policy covers loss or damage to your mobile equipment (such as forklift, excavator, etc.) and its standard accessories and parts whilst thereon by:-
- Accidental collision or overturning, or collision or overturning consequent upon mechanical breakdown or consequent upon wear and tear;
- Fire, external explosion, self-ignition or lightning;
- Burglary, housebreaking or theft.
In addition, if equipment is disabled by reason of loss or damage insured under this policy, the Company will bear the cost of not more than RM500.00 reasonably incurred for its protection and removal to the nearest repairers and for its delivery within the country where the loss or damage was sustained, subject to the sum insured stated in the policy schedule.