Machinery Breakdown

Machinery Breakdown

Machinery breakdown insurance provides insurance to the damage of machinery and equipment due to technical operation or physical causes.

Machinery breakdown insurance, developed from traditional property insurance, specially covers sudden and unanticipated loss of machinery and equipment that are installed and have already run in factories and mines, and such loss is caused by human, accidental or physical reasons when machinery and equipmen are in operation.

 

Machinery Breakdown

Insurance Requirements:

Value of machinery/plant