Storage Tank Insurance
Protect against unexpected physical losses or damages to storage tanks such as palm oil or fuel oil tanks.
The Storage Tank insurance provides coverage against sudden and unforeseen physical losses or damages to storage tanks, primarily bulk storage tanks such as palm oil tanks or fuel oil tanks. These tanks are susceptible to many forms of accident or extraneous damage which include impact damage, bursting, splitting, rupture and collapse. The policy can also be extended to cover the loss of contents in the tanks.