About the Service
Machinery breakdown insurance covers sudden and unforeseen damage to or failure of machinery or equipment during operation.
Purpose of Cover
- Ensuring continuity of production processes and minimizing downtime
- Protection against financial losses caused by the sudden breakdown of machinery, equipment, production lines, and power-generating equipment
Insured Events
- Breakdown or failure of insured equipment
Scope of Indemnity
Includes, but is not limited to:- Equipment repair or replacement costs
- Dismantling, installation, and transportation expenses
