Comprehensive Machinery
Comprehensive Machinery Insurance offers protection against sudden and unforeseen physical loss or damage to machinery, which has been erected and is operational or at rest.
This is a policy which also covers financial loss, increased cost of operations / Business Interruption incurred by the insured due to loss or damage to machinery as a result of sudden accidental electrical and/or mechanical breakdown due to internal defects and/or external sources.
Find The Allied Perils Below
Riot Strike Damage
Riot & Strike is a loss of or damage to property insured directly caused by Act of any person taking part together with others in any disturbance of public peace
Malicious damage
It covers damage other than by Fire maliciously cause by persons which are not strikers or locked out workers and who are not taking part in any disturbance of the public peace
Earthquake (Fire & Shock)
Loss or damage (including loss or damage by Fire) to any of the property insured occasioned or by through or in consequence of earthquake excluding flood overflow
Atmospheric Disturbance damage
Loss or damage directly caused by storm, Cyclone, Typhoon, tempest, Hurricane, Tornado, Flood and inundation
Impact damage
The loss or damage cause to the insured property occasioned by impact with any road vehicle (the vehicle should not belong to or under control of the insured)
Aircraft damage
It covers loss or damage to the property insured (by fire or otherwise) directly caused by Aircraft other aerial devices and/or articles dropped
Explosion
Loss or damage to the property directly caused by Explosion.
What you are covered for?
The risk of Terrorism is available with three different covers with variation in scope of coverages for the Clients to choose the best that suits their requirements:
- T3 Policy Wording
- LPO 437 Policy Wording (additional)
- Full Political Violence (additional)
