{"id":8571,"date":"2025-10-16T08:24:17","date_gmt":"2025-10-16T01:24:17","guid":{"rendered":"https:\/\/ligaasuransi.com\/?p=8571"},"modified":"2025-10-16T08:24:17","modified_gmt":"2025-10-16T01:24:17","slug":"kontraktor-wajib-tau-jaminan-risiko-dan-pengecualian-dalam-polis-asuransi-cpm","status":"publish","type":"post","link":"https:\/\/ligaasuransi.com\/en\/kontraktor-wajib-tau-jaminan-risiko-dan-pengecualian-dalam-polis-asuransi-cpm\/","title":{"rendered":"Contractors Must Know: Guarantees, Risks, and Exclusions in CPM Insurance Policies"},"content":{"rendered":"

Imagine you’re working on a major project, such as building a road in a hilly area. Heavy equipment like excavators and bulldozers are constantly operating from morning until night. Suddenly, heavy rain falls on the site. Landslides occur, heavy equipment is overturned, and the project is severely damaged, bringing it to a complete halt.<\/span><\/p>\n

The big question: who bears the costs?<\/span>
\n<\/span>If you don’t have CPM<\/span> (Contractor’s Plant and Machinery) Heavy Equipment Insurance<\/span><\/a>, then the answer is clear: you are responsible for everything yourself.<\/span><\/p>\n

Losses can reach hundreds of millions or even billions of rupiah. Yet, all of this can be prevented with just a small annual premium.<\/span><\/p>\n

This is why every contractor MUST fully understand the guarantees, risks, and exclusions in the CPM Insurance policy, so that you know what protection you are actually getting.<\/span><\/p>\n

However, there is one thing that many contractors often forget, namely that how you purchase a policy also determines the fate of your claim later.<\/span><\/p>\n

Many contractors buy directly from insurance companies or through agents, without realizing that if a claim is delayed, the agent cannot help.<\/span>
\n<\/span>The only ones who can help negotiate and speed up the disbursement of claims are official insurance brokers such as <\/span>L&G Insurance Broker<\/span><\/a> because the broker is on the side of the customer, not the insurance company.<\/span><\/p>\n

This article will discuss in detail about:<\/span><\/p>\n