Machinery Breakdown

Machinery breakdown insurance protects you against sudden, unforeseeable property damage suffered by your company’s machinery, whether it is on or off.

This is an accident insurance that protects you against the consequences of accidental, sudden, unforeseeable breakdowns of machinery used in the performance of your business activities. When production facilities are damaged or destroyed, the consequences can be disastrous: loss of turnover, additional costs, or even operational shutdown.

For covered events, the insurance policy covers the repair or replacement costs for the damaged machine.