Consider the unexpected occurrences that can damage machinery and cause expensive production delays or interrupt cash flow. This policy covers the breakdown of machinery due to various perils. This policy is indispensable for businesses that operate using a large number of machines. The breakdown of a single machine may bring the operations of the factory to a standstill. This policy covers monetary costs involved in restoration or replacement of machines.
Insurance that covers the financial costs that arise when equipment breaks and stops working. These policies tend to cover mechanical damage, machine malfunction, electrical hazards, power surges and a variety of other causes that lead to equipment breakdown.