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Machine Breakdown


The policy covers all kinds of electrical and mechanical breakdown resulting from the following incidents:


Faulty material/labor work of the machine.


Action of centrifugal forces that disrupt rotating parts.


Failure of lubrication due to malfunctioning of lubricating oil pumps or their breakdown.


Malfunctioning or failure of safety devices.


Electrical short-circuiting including electrical fire originating from failure of insulation, as well as over-voltage or under-voltage conditions.


The abrupt and sudden stop of other connected machinery.


Entry of foreign bodies into a running machine.


Inexperienced operations that lead to damage due to an error of judgment or operation.

  • Extensions:


    Damage to machinery's foundation


    Damage to oil in electrical apparatus


    Express freight (excluding air freight), holiday rates, overtime charges.


    Air freight


    Additional custom duty i.e the additional percentage of duty payable at the time of reimport for replacement over and above the percentage of duty included in the original sum insured.


    Damage to the insured individual's own existing property or property in his custody or control due to any damage to the insured machines covered under the policy.


    Third party liability i.e. liability falling on the insured for bodily injury to any other party other than those covered by the policy or for property damage belonging to such other party.

  • Pre-requirement:

      Broker of Record
      Commercial Registration
      Wassel /National Address
      VAT Certificate
      3 years claims experience
      A declaration letter if first time insurance
      List of Machines
      Proposal Form

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