Machinery Breakdown Insurance
Designed to cover physical damage to your company’s machines as a result of breakdown or other damage.
Basic coverage
| Direct action of electrical energy as a result of short circuits |
| Impertinence, negligence, and malicious acts |
| Design flaws |
| Lack of water in boilers and other steam-producing equipment |
| Centrifugal force |
| Foreign objects |
| Lubrication defects, loosening of parts, abnormal stresses, molecular fatigue and self-heating |
| Failure of regulating devices |
| Storm and hail |
Additional coverage
Internal fire, internal chemical explosion, and lightning strike
| Mobile equipment (hull risk) – transport included |
| Loss or damage caused by strike, riot, and civil commotion |
| Extra expenses for overtime, night work, work on public holidays, freight |
