Contractor’s plant and machinery insurance
With construction’s plant and machinery insurance, you can protect your company 's vehicles and machines up to 15 year old that are used for that is used:
- Construction work (cranes, road construction vehicles, earthmoving machinery, lifting equipment, etc.)
- Agriculture (combine harvesters, tractors, mowers, seeders, etc.)
- Forestry (harvesters, forwarders, timber trailers, etc.)
Contractor’s plant and machinery insurance is essentially all-risk insurance – insured events are any and all unexpected and unforeseeable events that have not been precluded in the terms and conditions.
In cooperation with PZU Kindlustus, we mediate insurance for contractor’s plant and machinery to our clients. This insurance provides protection both in the work process and during transport.
Before concluding an insurance contract, read the following documents om the PZU Kindlustus website:
- contractor’s pland and machinery insurance information document, which provides a general overview of the insurance service;
- the general terms and conditions of PZU's insurance contracts;
- contractor’s plant and machinery insurance terms and conditions E100/2023, which provides a complete list of insured events and covers, sums insured and indemnity limits, as well as restrictions and exclusions on disbursement.
If necessary, consult an expert by calling SEB customer support at 665 5100.

Contractor’s plant and machinery insurance covers any damage to the object of insurance caused by:
- fire (incl. smoke, soot and damage from extinguishing work), direct or indirect lightning strikes, explosions (except explosions in internal combustion engines, boilers and pressure vessels caused by the expansion of liquids);
- natural disaster (storm, flood, earthquake, landslide, rock falls, soil collapse, etc.);
- vandalism (damage or destruction of an insured object by a third party);
- robbery (seizure of the insured object through the use of physical violence or direct threats thereof);
- theft;
- collision with an obstacle, tipping over and falling into ditches or trenches at the place of insurance; and;
- other incidents that are not ruled out by the policy conditions.
Contractor’s plant and machinery insurance also compensates for the following additional expenses:
Contractor’s plant and machinery insurance also compensates for the following additional expenses:
- reasonable costs for preventing or reducing the damage incurred in the event of an insured event, even if they did not produce the desired result;
- expenses related to night and overtime hours, working on public holidays, express cargo (including air freight);
- travel and accommodation expenses of the representatives of the manufacturer, importer or dealer repairing the insured item;
- rescue costs of the insured item (including the costs of cleaning the insured item);
- the costs of removing the accident object from the scene of the accident, the necessary and justified costs of dismantling and reassembling, and the costs of transporting it to and from the repair shop.
The additional costs pertaining to the management of the consequences of the insured event are indemnified in the extent of up to 10% of the sum insured of the object of insurance – up to a maximum of 10,000 euros.
When contractor’s plant and machinery insurance is concluded through SEB, no deductible applies to glass coverage.
Insurance contract conclusion
Ask for an insurance offer on SEB's webpage
We will contact you to make an insurance offer
PZU forwards the insurance documents and invoice for payment of the insurance premium
Contacts
If you have any questions about concluding a new insurance contract,
please call SEB customer support at +372 665 5100
If you have any questions about your existing insurance contract,
please call PZU customer support at +372 622 4545
Terms and conditions of Contractor’s plant and machinery insurance
The insurance product information document, general terms and conditions of insurance contracts and the terms and conditions applicable to the insurance contract can be found on the PZU website.
Contractor’s plant and machinery insuranve product innformation document
Terms and conditions of contractor’s plant and machinery insurance E100/2023
General terms and conditions of insurance contracts
Information sheet for policyholder (PDF)
What to do in the case of an insured event?
PZU is AB "Lietuvos draudimas" Estonian branch trademark in Estonia. AB "Lietuvos draudimas" is a Lithuanian insurance company, that is part of the international PZU Group. AS SEB Pank and AS SEB Liising act as the insurance agents of the Estonian branch of AB "Lietuvos draudimas" and have been entered into the list of insurance intermediaries published on the website of the Estonian Financial Supervision Authority. The list is available at www.fi.ee.
An insurance agent receives an agency fee for mediating the insurance, which is included in the insurance premium. The agency fee payable by PZU to the agent is 16% of the insurance premium for Contractor’s plant and machinery insurance.