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Machinery Breakdown

Machinery Breakdown     This product of insurance provide unforeseen sudden physical loss or damage to the machinery due to defect in casting and material,fault design,fault at workshop or in erection,bad workmanship,lack of skills,carelessness,shortage of water in boilers,physical explosion,tearing apart on account of centrifugal forces,short circuit,storm etc.This is an All Risk Machinery cover which include Boiler insurance and Crane & Lift insurance.

Policy Term: (years)

1

Short Period Allowed:

Yes

Minimal Policy Term: (years)

None

Cancellation Allowed:

Yes

Surrender Allowed:

No

Benefits

1. Material Damage

       Accidental physical loss or damage to the insured property as a result of the occurrence of an insured event.

Product Extension(s)

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