Machinery Breakdown Insurance
Machinery Breakdown policy is an ideal cover for all kinds of plant and machinery, to cover cost of repairs or replacement of damaged parts as a result of unforeseen and sudden physical damages.
Scope of Cover
Unforeseen and sudden physical damage to the insured machinery by any cause not specifically excluded whilst in the specified premises, necessitating its immediate repair or replacement.
All types of machinery, plant, mechanical equipment and apparatus may be covered under Machinery Breakdown insurance, such as Power generating units, Generators, Pumps, Electric motors, Welding sets and Electrical machinery.
- The nature of the business, the value of the equipment also whether new or second hand.
- Service contracts where electronic devices are concerned
- The Machinery to be insured may be subject to the successful completion of their performance acceptance tests