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Machinery Breakdown Insurance

Vendor: AAA Assurance
Type: Assurance

I. Subject of insurance

Equipment and plant lines fixed at the factory include and are not limited to the following industries:

  • Transportation / transportation industry;
  • Chemistry;
  • Processing / assembly industry;
  • Metal processing industry;
  • Food industry;
  • Warehouse equipment;
  • Agricultural products industry;
  • Leather / paper / textile industry;
  • Construction materials industry;
  • Water plants;
  • Electric Factory.
Hotline: 1900 54 54 35

II. Coverage

Unexpected and unforeseen material losses due to causes such as:

  • Defects during casting and material defects;
  • Errors due to design, errors at the workshop or during installation;
  • Poor workmanship, lack of skills, recklessness, lack of water in the boiler;
  • Physical explosion, tearing due to centrifugal force, short circuit;
  • Storm;
  • Any other reasons not excluded in the insurance rule.

III. Insurance fees

Insurance premiums increase or decrease by Industry, Equipment Type; Duration of insurance; Area to use equipment; equipment manufacturer; Years of use; Maintenance regime; Deductible.

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