Machinery Breakdown
While businesses invest heavily into their production cycle, the risk of breakdown can lead to serious financial shortfalls.
Unlike a Property Insurance policy, Machinery Breakdown stands out by covering loss or damage to machinery resulting from:
Faulty material, design, construction, erection, or assembly
Vibration, or maladjustment
Defective lubrication, loosening of parts, abnormal stress, or overheating
Excessive or insufficient electrical pressure, whether due to atmosphere electricity or otherwise
Failure or faults in protection devices
Ideal For:
Electric Systems (transformers, high- and low-voltage switch-gear, etc.)
Air Conditioning & Refrigeration
Boilers & Pressure Vessels
Mechanical equipment (elevators, escalators, compressors back-up generators, pumps, motors, conveyers etc.)
Product Systems (CNC manufacturing equipment, robotics, machining tools, food process equipment etc.)
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