What is Machinery Breakdown Insurance?
Your business cannot work without the right machines. And, any damage to your machines is a personal loss. But Generali Central’s Machinery Breakdown Insurance takes care of your machine.
Our insurance plan covers any damage or physical loss to your machinery. Our plan is ideal for covering the cost of repairs or replacement of damaged parts.
We also protect you against the breakdown of any equipment you have on a commission basis.
What is Covered?
Our machinery breakdown insurance will give you coverage for situations like:
Damages or losses as a result of electrical or mechanical breakdown
Machinery breakdown due to accidents
When a breakdown occurs during operation
When a breakdown occurs while the machine is at rest
Damages or losses due to dismantling, overhauling or re-erection of machinery
What is not covered?
EXCLUSIONS
Willful acts or negligence by you or your employees
Nuclear contamination, radiation, or reaction
Wear and tear
Warlike operation
Chemical explosions
Burglary or theft
Lightning or fire
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PRODUCT NAME: Machinery Breakdown Insurance | UIN NO: IRDAN132CPEN0007V02201920
