Machinery Breakdown

Machinery Breakdown

Get a Quotation

Please provide the following documents to get a quotation:

  • Completed Brokerage of Record filled, signed and stamped
  • Copy of Commercial Registration
  • A completely filled Proposal Form, signed and stamped
  • Loss record for the past three years

This policy covers financial losses incurred by the insured due to loss or damage of machinery as a result of an accidental electrical and mechanical breakdown.

Risks Covered

The policy covers all kinds of electrical and mechanical breakdown resulting from the following incidents:

  • Faulty material/labor work of the machine
  • Action of centrifugal forces that disrupt rotating parts
  • Failure of lubrication due to malfunctioning of lubricating oil pumps or their breakdown
  • Malfunctioning or failure of safety devices
  • Electrical short-circuiting including electrical fire originating from failure of insulation, as well as over-voltage or under-voltage conditions
  • The abrupt and sudden stop of other connected machinery
  • Entry of foreign bodies into a running machine
  • Inexperienced operations that lead to damage due to an error of judgment or operation


  • Damage to machinery's foundation
  • Damage to oil in electrical apparatus
  • Express freight (excluding air freight), holiday rates, overtime charges
  • Air freight
  • Additional custom duty i.e the additional percentage of duty payable at the time of reimport for replacement over and above the percentage of duty included in the original sum insured.
  • Damage to the insured individual's own existing property or property in his custody or control due to any damage to the insured machines covered under the policy.
  • Third party liability i.e. liability falling on the insured for bodily injury to any other party other than those covered by the policy or for property damage belonging to such other party


  • Fire and allied perils
  • War and Nuclear Perils
  • Overload experiments / tests / abnormal operating conditions
  • Gradually developing flaws, defects, cracks or partial fractures in any part not necessitating immediate halt, although at some future time repair or renewal of the parts affected may be necessary
  • Deterioration and wear out of any part of any machine resulting from normal use or exposure
  • Willful acts / negligence of the Insured
  • Contractual liabilities
  • Pre-existing defects
  • Consequential losses or any kind

Request A Quote

In order to receive a quote, kindly download the Broker Appointment Letter Document. Fill it with the correct information, then upload it back in the below field.



For your inquiries, please fill the form and our team will be glad to answer all your questions.

  • 8003050020 – Ext. 1000

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