It covers all risks of physical loss and destruction to the insured properties (including legal liability arising thereof) or arising out of the insured’s operations (including their agent).

Properties covered under this policy would include the following:

  • Oil Rigs & Platforms
  • Pipelines
  • Flow Stations
  • Gas Terminals
  • Farm Tanks
  • Operators Extra Expenses
  • Cost of Controlling Well Fire
  • Cost of Re-drilling
  • Oil Spillage & Pollution (clean-up cost and third party liabilities)