Machinery Breakdown insurance is for the unforeseen and sudden physical loss of or damage to machinery.
Because of all the technological advances, it is essential to have Machinery Breakdown Insurance in the insurance program. When the unexpected happens, the damage of expensive machinery equipment will delay or interrupt mass production, which in turn affects cash flow.
• Losses from steam explosion, mechanical breakdown, or electric arcing.
• Losses to property of others in your care, custody or control.
• Repair or replacement costs for damaged property