Safeguard against
losses
Avoid losses owing to
machinery-related interruptions.

What is L.O.P. Following Machinery Breakdown?

The L.O.P. Following Machinery Breakdown is a cover that indemnifies the actual loss of gross profit sustained as a result of a business interruption caused by an accident covered under machinery insurance.
What's in it for you?
  • Continuing business expenses/standing charges
  • The net profit
  • The salaries and wages paid to employees
  • The increase in cost of working i.e. the additional expenditure necessarily and reasonably incurred for avoiding or diminishing a reduction in turnover

Some of the benefits covered include:

L.O.P. Following Machinery Breakdown
L.O.P. Following Machinery Breakdown

Step 1: Fill in the proposal form

Step 2: Subject to the primary machinery breakdown cover

Step 3: Provide maintenance and inspection records

Step 4: Quotation issuance

Step 5: Submit KRA Pin and certificate of incorporation

Step 6: Premium payment

Below is our step by step application process:

L.O.P. Following Machinery Breakdown
TALK TO US Peace of mind on every journey. Get in touch for comprehensive coverage.Want to know more about the L.O.P. Following Machinery Breakdown Cover?The questions below will give you more insight into the product.
    • The insured must be covered under the Machinery Breakdown Cover
    • Defects for which the supplier is responsible
    • Loss due to willful acts of negligence
    • Loss in income without actual breakdown of the machinery
    • Political and terror-related risks