CPM is specially designed insurance product for construction machineries including transportation trucks. CPM covers various equipment including excavators, cranes, bulldozers, tower cranes and can be extended to dump trucks that require public road driving cover.
CPM can be contracted for a certain construction project or it could be contracted for one year master policy.
We can also provide a tailor made CPM policy for a leasing company for the equipment that it provides leasing finance or instalment financing. This unique CPM programme may assist leasing companies to have the financial protection from the damage or theft of the leasing property.
At the same time, it may also provide its customers with better insurance cover than that they may achieve by individual purchase of physical damage cover.
For more details, please contact one of our Korea Division staff.