Machinery insurance policy provides compensation in the event of any accidental electrical and mechanical breakdown to the machinery of owners, mortgagers and Lessor or hirer of machine such as:

• All types of industrial machinery like compressors, pumps, turbine etc.
• Electrical machines like transformer, electrical motor, generator etc.

Cover loss or damage to machinery as a result of accidental electrical and mechanical breakdown due to:

• Defect in casting and material
• Faulty design
• Faults at workshop or in erection
• Bad workmanship
• Carelessness
• Physical Explosion
• Short-circuit
• Falling objects
• Entry of foreign bodies
• Tearing apart due to centrifugal force