Machinery breakdown insurance is important for anyone operating technical plant or machinery, whether they are large industrial enterprises or small firms. Unexpected damage to machinery and equipment can pose a threat to a company’s existence.
Machinery Insurance covers diverse spectrum of machines and equipment in commercial and production facilities, such as:
• Power generating units (boilers, turbines, generators etc.)
• Power distribution plant (transformers, high- and low-voltage switchgear, etc.)
• Production machinery, plant and equipment (electric motors, compressors, pumps, etc.)