Page 20 - Engineering Insurance IC 77 Ebook
P. 20
The Insurance Times
BOILER EXPLOSION WARRANTIES
SUBJECT MATTER INSURED As the Boiler and Pressure Vessels are covered as
per statutory regulations, the following warranties are
1. All the boilers which are used for industrial
applied :
production or for the power production purpose.
1. The Boiler and pressure plants described in the
2. Wasteheat Boilers/Recovery Boilers (used in
Schedule are annually inspected by Inspectors
Chemical/Petrochem/Paper Mill/ Power Plant/
appointed by the appropriate Government except
Steel Industry).
where there is the statutory requirement for
3. Fired and Unfired Pressure Vessel used in Government Inspection, the inspections are to
industry. be carried out by an independent competent
person.
INSURED PARTY 2. The boiler and pressure plant described in the
1. The insured party can be owner of the Boiler/ schedule shall only be operated by Attendants
Wasteheat Boiler/Pressure Vessel, or must be holding a valid certificate of competency issued
a party boiler in trust, or having financial under the appropriate Boiler Act.
interest in the boiler to be insured.
3. The insured shall be in possession of the
unqualified permission in writing of the
DEFINITIONS
competent inspecting authority to operate the
1. Boiler shall mean any fired closed vessel a
said boiler and pressure plant. If the maximum
combined contained piping system in which pressure of load upon the safety valve
steam is generated under pressure.
immediately prior to any explosion or collapse
2. Pressure Plant shall mean any unfired closed was in excess of that stipulated by the said
container under steam gas or fluid pressure. authority the insured shall not be entitled to any
3. Explosion shall mean the sudden and violent compensation or indemnity under the Policy in
rending or tearing apart of the permanent respect of such explosion or collapse.
structure of a boiler or pressure plant or any
PERILS COVERED
part or parts thereof by force of internal steam
1. Explosion
gas or fluid pressure causing bodily
displacement of the said structure and 2. Collapse-implosion
accompanied by the forcible ejectment of its 3. Fuel Gas Explosion
contents.
GENERAL EXCLUSIONS
4. Collapse shall mean the sudden and dangerous
distortion of any part of a boiler or pressure Explosion/Collapses due to following :
plant by bencing or crushing caused by steam 1. Fire and allied perils
gas or fluid pressure whether attended by
2. War and nuclear risk
rupture or not, it shall not mean any slowly,
developing deformation due to any cause. 3. Loss arising out of overload experiments or
tests requiring imposition or abnormal condition.
5. Fluid Gas Explosion shall mean an explosion
of ignited gases in the furnace or fuels of the 4. Gradually developing flaws, defects, cracks, or
furnace or fuels of the boilers, economiser and partial fractures.
superheaters. 5. Gradually wearing away of parts resulting into
6. Chemical Explosion shall mean an explosion leakage or corrosion or by the action of fuel,
development of cracks, blisters, laminations,
arising out of chemical reaction in any plant.
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