The construction and erection of machines as well as their operation can cause unexpected damages. The damages may for example arise by errors of construction, material, erection or operation. But also natural disasters such as flood, landslide or storm can cause damages at machines and technical facilities. Financial loss may arise due to all mentioned.
Machinery All Risks Insurance protects your working machinery for the loss against sudden and unforeseen damage to machinery whilst in operation
- Movable and Immovable Plant & Equipment and Machinery
(e.g. Cranes, Excavators, Forklifts, Boom Lift, Mechanical Jacks etc)
Excess or Deductibles
- Depends upon the Equipment
Price (Premium) Basis
Rate depends upon the project, location, period and value of machinery.
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To help us serve and understand your company better, furnish us with the following: