Machinery Breakdown Insurance
Machinery Breakdown Insurance covers the sudden and unforeseen physical damage to machinery and plant arising from mechanical or electrical breakdown, whilst in operation, at rest, or during resitting or re-erection at the client’s premises.
This cover is subject to an appropriate, scheduled machinery maintenance program being in place and carried out by suitable persons.
The following sections of cover are available:
Physical Damage to Machinery
Deterioration of Stock
Loss of Gross Profit, Loss of Revenue or Additional Increase in Cost of Working