This policy provides cover for plants and machinery against unforeseen physical loss or damage that may arise from the occurrence of perils that are not specifically excluded from the cover. Basically, it provides cover for fire and accidental damage to the insured plant including theft and burglary.
Accidental damage or loss to machinery caused by fire, burglary, theft, faulty operation, fall and impact of foreign object, collision, and natural perils.
Cover is applicable to the Machinery described in the insurance schedule while in operation or at rest or being dismantled for the purpose of cleaning or inspection or removal to another working position.
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