Machinery Breakdown and Business Interruption

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Cover can be provided for the costs to repair sudden and unexpected failure of electrical and mechanical production machinery (using new parts) and can be extended to cater for loss of profit while the machinery is being repaired following an event insured in terms of the machinery breakdown policy. In addition to the policy cover extends to include provision for breakdowns caused by operator error and ingress of foreign objects.

The Machinery Breakdown cover can also be extended to loss of product (raw material in process) which was being processed when the machine broke down and Deterioration of Stock in cold storage, following breakdown of the refrigeration equipment.

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