Machinery Breakdown

 

We provide coverage for damage or loss caused to machinery and equipment due to a sudden and unexpected breakdown. This type of insurance is commonly utilized by businesses or industries that heavily rely on their machinery and equipment for their operations, such as factories, manufacturing plants, construction companies, etc.
The coverage typically includes the cost of repair or replacement of the damaged machinery as well as any loss of income incurred due to the breakdown. It may also cover the expenses associated with any temporary replacement or hire of machinery while the damaged equipment is being repaired or replaced.