Machinery Breakdown insurance offers protection against sudden and unforeseen physical loss or damage to machinery that has been erected and is operational or at rest. The policy covers internal breakdown or derangement. Machines have a limited lifespan as they are exposed to wear and tear. Therefore, machinery owners must depreciate their machines annually and establish reserves for replacement.
Machinery Loss of Profits insurance covers the financial consequences of a machinery breakdown.
The Electronic Equipment insurance policy offers complete protection for all types of electronic equipment such as entire IT installations, telephone exchanges, cell phone networks, specialised electronic medical equipment and electronic measuring equipment.
Electronic Equipment Insurance Business Interruption covers the financial consequences of an electronic equipment loss.