Machinery Breakdown Insurance
This policy provides cover for any unforeseen and sudden physical loss or damage from causes such as defects in casting and materials, faulty design etc
Machinery Breakdown Insurance
This policy provides cover for any unforeseen and sudden physical loss or damage from causes such as defects in casting and materials, faulty design, faults at workshop or in erection, bad workmanship, lack of skill/carelessness, shortage of water in boilers, physical explosion, tearing apart on account of centrifugal force short-circuit, storm and any other cause not specifically excluded.
Circumstances
he cover applies whether the insured property is at work or at rest or dismantled for the purpose of cleaning, overhauling, or of being shifted within the premises, or in course of subsequent re-erection.
Premises/Location
The insured machinery is covered as long as it remains on the premises specified in the insurance schedule
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