Machinery Breakdown

The policy covers unforeseen and sudden physical damage to any mechanical and electrical machinery and/or equipment by any cause necessitating repairs and/or replacement.

Scope of cover
The Insurance Policy broadly covers loss due to all kinds of accidental, electrical and mechanical breakdowns due to internal and external causes. Cover is granted during the time the machinery is in operation or rest or in the process of dismantling, overhauls or during subsequent re-erection at the same premises.

General Exclusions

• Fire and allied perils
• Theft
• overloading experiments
• willful acts or gross negligence
• gradually developing flaws
• deterioration from normal use