Machinery Break Down Insurance

Most industries today use advanced technology and sophisticated machinery and equipment’s. The equipment’s in use can have an accidental electrical or mechanical breakdown quite suddenly. As they come to grinding halt, the operations are affected and organization incurs the costs of repair/replacement. Machinery Breakdown Insurance policy helps you cover the business against losses arising out of machinery breakdown.

Machinery Breakdown Insurance Policy helps to cover the financial losses in such unexpected contingency. This policy is indispensable for businesses that operate using a large number of machines and equipment’s.

We arrange Insurance solutions that cover

  • Loss to machinery due to sudden and unforeseen accidental, electrical and mechanical breakdowns as a result of internal or external causes.
  • The machinery covered can be at work or at rest or in the process of being dismantled for cleaning/overhauling or in course of these operations being shifted within specified premises or being re-erected subsequently.