Get cover for
machinerySafeguard your business against losses and interruptions arising
from machinery necessitating repair or replacement.

What is the Machinery Breakdown Cover?

The Machinery Breakdown Cover safeguards machines used by factories and industries from accidental breakdown and physical damage. It caters for the cost of repairs or replacement of the damaged machine parts.
What's in it for you?
  • Repair costs covering the breakdown of machinery.
  • Cost of replacing the damaged machine parts.

The cover caters for:

A tractor standing stillHow do I apply?

Step 1: Request for quotation

Step 2: Fill proposal form

Step 3: Provide RDB certificate for the company.

Step 4: Make premium payment

Step 5: Sign contract

Below is our step by step application process:

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Want to know more about the Machinery Breakdown Cover?The question below will give you more insight into the product.

    Some of the perils not covered include:

    • Wars and invasion
    • Fire and allied perils
    • Loss or damage as a result of overload experiments
    • The gradual development of defects in any part in spite of knowing it demands repair
    • Regular wear and tear of the machinery
    • Pre-existing faults in the machinery before the policy commencement
    • Loss or damage because of explosions in chemical recovery boilers
    • Damage to belts, chains, rubber tyres or any other exchangeable tools unless any loss or damage to the machinery is indemnifiable