Change language:
  • Estonian
  • Russian
SEB logo
Back
Paragraphs

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.

Ask for an insurance offer

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

1.
Ask for an insurance offer on SEB's webpage
2.
We will contact you to make an insurance offer
3.
PZU forwards the insurance documents and invoice for payment of the insurance premium

Ask for an insurance offer

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?

Report damage in the PZU self-service

Good to know

Contractor’s plant and machinery insurance on the PZU website

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.

SEB Site disclaimer

You are on the homepage of AS SEB Pank, SEB Life and Pension Baltic SE Estonian Branch, AS SEB Liising, AS SEB Varahaldus and AS Rentacar – corporations that provide financial services. We advise you to examine carefully the terms and conditions of the service before taking out a contract and if necessary, to consult a specialist.

  • Information about cookies
  • Privacy policy
  • Disclaimer
Change language:
  • Estonian
  • Russian
SEB logo
  • Estonian
  • English
  • Russian

What do we use cookies for?

We use cookies on our website, and we divide them into two categories. Essential cookies are mandatory for the website functioning – they are automatically placed on your device when you visit the website. To provide you with the best possible browsing experience, as well as personalised information about our services, we also use non-essential, i.e., Statistical, Functionality, and Marketing cookies. If you do not agree with the non-essential cookies being used, please select “Accept only essential cookies”.
To learn more, see our Cookie Policy.
To review and / or update your cookie preferences, please refer to cookie settings.

In addition to Essential cookies which are mandatory for the website functioning, we also use Statistical, Functionality, and Marketing cookies which make it easier for users to browse the webpage, as well as for help us understand the ways in which the website is used.

Cookie is a small text file that consists of letters and numbers, which is saved on your device by the website you visit. It acts as technical support, and facilitates your usage of the website in different ways. Cookies used on our website are placed by SEB, as well as the third parties, and are saved in different ways, depending on the type of the cookie. You can manage your cookie settings below. For more information, please refer to our Cookie Policy.

Accept cookies Accept only essential cookies