New Holland Construction offers plant all risk insurance on equipment

CIB Insurance Solution’s Plant All Risk (PAR) insurance through Imperial Fleet Service Insurance is now available to New Holland Construction customers. New Holland Construction’s philosophy is to offer services structured to their clients varied needs and the PAR policy can be tailor-made accordingly.

The Plant All Risk (PAR) policy provided by CIB Insurance Solutions and New Holland Construction through Imperial Fleet Services covers the insured against theft and external damage to mobile construction plants and machinery while on site. The insured equipment will be covered in the event of both total and partial damage. Compensation under the PAR policy includes market value reimbursement if the damaged equipment is considered to be a total loss. In the event of partial damage, the PAR policy ensures that the damaged parts will be reimbursed. Plant All Risk (PAR) was developed and is administered by CIB Insurance Solutions and underwritten by Hollard Insurance Company.

Customers are now given the option of purchasing Plant All Risk (PAR) insurance when purchasing their equipment. “This is just another added-value service offering for our customers, especially as it is not something ordinarily provided directly by the suppliers in this industry ”, says Dr Jan Nell, Managing Director New Holland Construction.

The offer of an insurance policy like the Plant All Risk (PAR) yet again underpins New Holland Construction’s commitment to its customers and its continued service excellence. More information about New Holland and its products can be found at http://www.nhconstruction.co.za/.