Machinery Breakdown Insurance Services

 The policy provides financial protection in the event of an unforeseen and sudden physical damage of the insured machinery that occurs owing to any cause other than those excluded in the policy, and which makes immediate repair or replacement necessary breakdowns.

Standard Exclusions:
Loss, damage and/or liability caused by or arising due to

  • War or warlike operations
  • Nuclear reaction, radiation or radioactive contamination
  • Faults or defects existing at the time of commencement of the policy
  • Wear and tear
  • Parts of the machine as specified in the policy which have limited life
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