Machinery Breakdown
Policy Overview
Protect your business machinery against sudden and unforeseen physical damage, and cover potential loss of profits due to operational downtime.
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Coverage Items
2
Key Benefits
4
Related Policies
Scope of Cover
Sudden and unforeseen physical damage to machinery while at work or at rest.
Damage during dismantling, cleaning, inspection, overhauling, or shifting within the premises.
All accidental damages or losses except those specifically excluded in the policy.
Examples: lifts, generators, elevators, escalators, industrial machines, and all mechanical machinery.
Loss producing events: Electrical, Mechanical, or External causes.
Policy Benefits
Covers reduction in turnover due to accidental damage to machinery.
Protection against lost gross profit caused by business interruption.