Machinery Breakdown Insurance

Process Machineries, Plants, Lifting Plants, (e.g. Cranes, Forklifts), Refrigeration Plant, Air Compressors, etc are subject matter of this type of insurance The insurance provide cover against the unforeseen and sudden damage to such machineries arising from such causes as:

• Faulty material, design, construction or erection, vibration, maladjustment, misalignment;
• Defective lubrication, loosening of parts, abnormal stress, molecular failings, self-heating, centrifugal force;
• Excessive electrical pressure whether due to atmospheric electricity or otherwise;
• Failure of connected machinery or protective devices;
• Lack of skill, carelessness or malicious damage.
• Falling, impact, collusion and the like;
• Storm and tempest, obstruction or the entry of foreign bodies.