Machinery breakdown insurance

This policy pays to repair or replace plant and machinery after sudden, unforeseen breakdown — something a fire policy does not cover.

Factories and processing units

Hospitals and commercial buildings with costly equipment

What is covered

Sudden mechanical and electrical breakdown

Repair or replacement cost

Loss of profit, if added

Wear and tear and gradual deterioration

Consumables such as belts and tools

Covers and exclusions vary by insurer and plan; the policy wording applies.

Making a claim

Tell us what happened as soon as possible.

We register the claim and arrange the survey if needed.

We send a checklist of what the insurer needs.

We follow up until the claim is settled.

Is this different from fire insurance?

Yes. Fire insurance covers external causes; machinery breakdown covers internal failure of the machine itself.

Free consultation. No obligation to buy.