Additional Covers
Air freight
Express freight
(excluding air freight) overtime & holiday wages
Machines and equipment are an integral part of your factory. Any damage to these can adversely affect your business. The machinery breakdown insurance policy provides cover against any unforeseen physical loss or damage to mechanical and electrical machinery as well as equipment that are held in trust of and/or are commissioned at the insured’s premises.
(excluding air freight) overtime & holiday wages
Loss or damage due to:
The Sum Insured shall be equal to the cost of replacing the insured’s machinery by new machinery of the same kind and of the same capacity.
Machines and equipment are an integral part of your factory. Any damage to these can adversely affect your business. The machinery breakdown insurance policy provides cover against any unforeseen physical loss or damage to mechanical and electrical machinery at the insured’s premises. Machinery break down insurance coverage is a must in any risk mitigation plan of an industrialist.