November 13, 2019
Specialized Drilling Equipment
Lost-in-Hole covers the replacement cost of scheduled tools and equipment in the event they become irretrievable while below the rotary table. Coverage is available both on land and offshore, in the United States and Internationally subject to underwriting approval. Policies are issued on A+ Rated paper and can be written on a one off daily basis, multiple declaration basis, as well as on an annual basis where PROFIT SHARING is available and billing can be done on a partial premium deposit based on more than 20 days of coverage.
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