Machinery breakdown Insurance

 

Insured Object All type of machinery, plant, mechanical equipment and apparatus such as power generating units (boilers, turbines, generators), power distribution plant (transformers, high and low tension equipment) as well as production machinery and auxiliary equipment (such as machine tools, weaving looms, paper machines, pumps, compressors, tanks, pipes and tubes)
Scope of Cover Machinery Breakdown Insurance, by nature, is an “accident” insurance for machinery. Thus it covers unforeseen and sudden physical loss of or damage to insured machinery which necessitates their repair and replacement
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