Business insurance
Plant & Machinery Insurance in Ghana
Cover for construction plant, contractors' equipment and machinery.
In brief
Plant & Machinery insurance covers the equipment a business owns or hires — excavators, generators, cranes, compressors and similar — against accidental damage, theft and breakdown, on site or in transit.
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Plant & Machinery is priced by an underwriter for your needs. Tell us about it and we’ll prepare a firm quote.
Request a quote →What’s covered
- Accidental damage and overturning
- Fire, theft and malicious damage
- Owned and hired-in plant
- Cover on site and in transit
- Continuing hire charges (hired plant)
- Optional machinery breakdown extension
What’s not covered
- Wear, tear and gradual deterioration
- Mechanical breakdown unless extended
- Vehicles licensed for road use (insure as motor)
- Loss of contract or consequential loss
- Use outside the geographical limits
Who it’s for — Contractors, construction firms, plant-hire companies, mining and quarrying operations, and any business relying on heavy equipment.
What does plant and machinery insurance cover?
The policy covers owned or hired plant against sudden and accidental physical loss or damage — including overturning, collision, fire, theft and operator error — whether the equipment is working, idle, being dismantled or moved on site. Hired-in plant cover can also meet your contractual liability to the owner for continuing hire charges.
Is this different from machinery breakdown?
Yes, but they are complementary. Plant cover focuses on mobile contractors' equipment against accidental damage and theft; Machinery Breakdown insures fixed plant such as boilers, motors and electrical equipment against internal mechanical or electrical failure. We can arrange either or both.
FAQs
Frequently asked questions
Does this cover hired-in equipment?
Is operator error covered?
Are road-going vehicles included?
Need to make a claim?
We pay valid claims, fairly and quickly. See the four steps and the documents you’ll need.
With Provident, you’re covered
Get an indicative quote now, or talk to an agent at any of our 11 branches.