Machinery Breakdown

Commercial Insurance

Machinery Breakdown Insurance

Machinery breakdown insurance is designed to protect businesses and owners of industrial machinery against the risks of damage or breakdown of their equipment during normal operation.

This type of insurance provides cover against the costly expense of repairing or replacing machinery, as well as periods of downtime caused by a breakdown.

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coverage

We can cover damage caused by:

  • Fire, explosion, lightning
  • Theft and plunder
  • Land subsidence or landslides, floods, snow, winds
  • Malicious acts by third parties
  • Knocks, overturns, falls or impact crashes

 

benefits

Key benefits include:

We cover the costs of repair or replacement of machinery parts and components, as well as the costs of specialised technical labour. Taking out machinery breakdown insurance offers significant benefits for companies owning specialised machinery.

  • Comprehensive Protection: Safeguard your industrial machinery with coverage that extends to a range of potential risks and damages.
  • Risk Mitigation: Mitigate the financial impact of equipment breakdown by securing compensation for repair or replacement costs.
  • Minimised Downtime: Our insurance minimises the impact of machinery breakdowns by covering expenses related to downtime, helping you resume operations swiftly.
  • Cost-Efficient Solutions: Avoid the substantial expenses associated with repairing or replacing machinery, thanks to our cost-effective insurance plans.
  • Operational Continuity: Ensure uninterrupted business operations by relying on our Machinery Breakdown Insurance to handle unforeseen disruptions effectively.

Machinery breakdown insurance provides comprehensive protection against the risks of damage to industrial machinery. With this cover, companies can enjoy greater peace of mind and minimise the costs and downtime that can be caused by equipment breakdowns.

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