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Stuck and Lost Downhole Tool Insurance
Traditional insurance policies exclude coverage while specialty oil field equipment utilized in the drilling of horizontal and directional wells are physically below ground. With replacement costs for specialty drilling equipment potentially reaching in excess of $1,000,0000, many oilfield well operators who are contractually responsible for damage or loss to this equipment are electing to purchase Stuck and Lost Downhole Tool Insurance. Coverage highlights include:
Broad Insurance Coverage:
- While downhole
- All scheduled tools except standard drill pipe
- Replacement cost
- Day-rate basis
- Program discounts
- Over 100 years of Oil & Gas insurance broking expertise
- Dedicated client servicing team with over 10 years of Stuck and Lost Downhole Tool insurance experience.
- 24 hour contact availability
- Timely turnaround on quotes
- Energy specialist claims handling
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For more information, please click on the contact name to email:
Joe Seeger +1 403 705 0373 Toll Free +1 888 273 0370 |
