Machinery Breakdown
Provides cover against sudden and unforeseen physical damage to your machineries whether at work or at rest and during cleaning, inspection, over-hauling, and removal to another position within the premises. The policy covers all accidental damages or loss due to any causes except those specifically excluded in the policy.
Scope of cover:
Standard Machinery Insurance Policy covers unforeseen and sudden physical damage by any cause (subject to excepted risks) to the insured property:
While it’s at work or at rest
While being dismantled for clearing or overhauling
During cleaning or overhauling operations
When being shifted within the premises
During subsequent erections
The loss producing events could be:
Electrical
Mechanical
External
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