Our product cover the specific risks that machinery/equipment is exposed due to its nature and type of operation. May be extended by the Machinery Breakdown Loss of Profit insurance covering the consequential loss resulting from the equipment breakdown.
- Companies and enterprises owning and operating machinery
- Leasing firms
- Entrepreneurs operating machinery
Subject of Insurance
- All types of machinery – e.g. machine tools, construction equipment, printing machines, boilers, pressure vessels and compressors etc.
- Production lines
- Consequential loss of profits and fixed costs
All-Risks covering loss or damage caused by, but not limited to:
- Overvoltage, induction, short circuit
- Electrical breakdown
- Human error, negligence
Except specific risks excluded in the General Conditions.