Machinery Breakdown Insurance
About this product
An accident insurance for machinery and provides coverage against unforeseen and sudden physical loss or damage to the Insured's machinery caused by:
- Human Failure ie. carelessness, negligence, lack of skill
- Fault of Manufacturer ie. faulty design, bad workmanship, defective material or casting
- Operational Causes ie. shortage of water, overheating, failure of control devices
- Environmental Causes ie. dust, humidity, temperature
- Electrical Causes ie. short circuit, faulty insulation, over voltage