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
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)