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.
The cover affords protection to the insured machinery whilst at work or at rest and also when they are being dismantled for the purpose of cleaning, inspection and overhauling or removal to another position or in the course of their operations or subsequent re-erection, provided these is performed in the same premises.
Under machinery break down insurance you are covered against all kinds of Accidental, Electrical & Mechanical Breakdown due to:
- Internal Causes
- External causes
- Operational deficiencies
- Human errors