Boiler and MachineryEquipment breakdown has the potential to stop business activities, with serious consequences to company's bottom

line. Boiler & machinery coverage, often referred to as Machinery Breakdown nsurance offers protection against

these types of losses. !he coverage is available on a stand"alone basis to cover Electrical and Mechanical

breakdown, Breakdown risk for Electronic equipments and e#plosion $ collapse, risk for Boiler$ %ressure vessels.

overed equipment can include, but is not limited to (as and )team !urbines* Engines, %umps and ompressors*

Electric Motors, (enerators and !ransformers* )witchboards and other electrical apparatus* +efrigeration and ir

conditioning equipments* omputers $ servers $ %rinters* )team Boilers & %ressure vessels

 

Key Features 

• Machinery Breakdown

• Boiler & %ressure %lant

• Electronic Equipment

• Machinery -oss f %rofits

 Machinery Breakdown Insurance

 

overage !his policy covers for 

• physical loss or damage to machinery and equipment against unforeseen and sudden physical loss of, or 

• damage to the insured items, necessitating their repair or replacement, other than specified e#cluded perils.

over is valid during the time the machinery is in operation or rest or in the process of dismantling, overhauling or

during subsequent re"erection at the same premises.

/arious add"on covers can be taken by the clients as per their protection needs.Boiler & Pressure Plant Insurance

 

!he Boiler and %ressure %lant nsurance policy provides coverage for all types of boilers and $ or other pressure

plants.

Coverage: This policy covers

• )udden $ accidental e#plosion and collapse risks to insured boilers $ pressure plants.

• nsured's own surrounding property and third party liability, arising out of a sudden and unforeseen physical

loss of, or damage due to e#plosion or collapse of the boiler and $ or pressure plant.

Electronic Euip!ent Insurance

 

 

!he Electronic Equipment nsurance policy provides comprehensive coverage for electronic equipment.

Coverage: This policy covers

•  ccidental and unforeseen physical loss or damage to electronic equipments and data media.

• !his policy can be e#tended to include additional costs the insured shall incur to ensure continued data

processing on substitute equipment if such costs arise as an unavoidable consequence, of an indemnify"able loss or

damage, during the period of insurance, to property insured under the material damage section of the policy.

Contractor"s Plant & Machinery

 

!he ontractor0s %lant & machinery policy covers all the construction machinery or equipments being used at a

construction site against any unforeseen and sudden physical loss of, or damage to the insured items, necessitating

their repair or replacement, other than specified e#cluded perils.Machinery #oss o$ Pro$its

 

!his policy covers consequential losses arising out of unforeseen accidental physical loss or damage to

machinery$boiler. !he concerned machinery, boiler however, should be covered under a machinery breakdown $

boiler e#plosion policy and the admission of a claim under the material damage policy is a prerequisite for admission

of a claim under the loss of profits policy.

Coverage

!he coverage includes indemnity during business interruption arising from

• +eduction in turnover 

• ncrease in cost of working