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RIGS AND LIABILITIES INSURANCE

This policy covers:

1. Physical Damages

All Risks of Physical Loss or damage in respect of Assureds’ Schedule of Rigs, mobile rigs, wireline units, well services and workover services equipments, drilling units and associated machinery and equipment. Including trucks and chassis where truck mounted and any other plants, cranes, tolls and equipments, Rigs camps, Main camp included in the schedule including all assets of the Assured as declared and stored alongside Rig site AND OR in  any warehouse AND OR storage yard in Oman. Extended to cover Own Damages to Insured’s Property (Mobile Equipments and Accessories Mounted permanently on a Trailer and which rightfully forms part of the Mobile Rigs), whilst being towed or pulled by a Prime Mover Whether Owned by or Hired by or Leased by the Insured, from Rig site to Rig site to Maintenance Workshop, to Storage Yard /Warehouse and vice versa, including Public Roads in the geographical area of cover.

2. COMPREHENSIVE GENERAL LIABILITY

Comprehensive Commercial General Liabilities including Contractual liabilities, Strict Liabilities, and Seepage and pollutions liabilities, including liabilities relating to Blowout and cratering. In addition Insured is subject to Law of Trot and has to fulfill other Liabilities and Indemnities as defined and other applicable clauses wherever necessary in Contract conditions 

3. LOSS OF HIRE (OPTIONAL)

DISCLAIMER

The above is a brief information of the covers available under the Policy. Please request for a copy of the Insurer's Terms and conditions of the policy which shall be binding and considered as final basis for settlement of any dispute.