This policy provides  cover against damages due to accidental, electrical and mechanical breakdown of Plant and Machinery. 


Policy highlights: 

  1. Cover is available during the time machine is in operation or rest or during dismantling for cleaning and subsequent re-erection. 
  2. Breakdown can occur due to internal and / or external causes. Some of the commonly known internal causes are: 
  3. Damages due to faulty material, design faults, defects in casting, overheating of parts, failure of operation of safety devices, short-circuits, etc. 
  4. External causes may include: Failure of connected machinery, lack of skill in operation, entry of foreign bodies, etc. 

Sum Insured of a machine under this Insurance must be its current day replacement value of a similar new machine including incidentals like duties, freight, taxes, insurance cost, etc. 

Optional covers also available for: 

  1. Third party liability. 
  2. Damages to foundation of machinery. 
  3. Express freight / overtime in the event of claim. 


Exclusions : 

  1. Loss / damage to exchangeable tools or parts subject to wear and tear. 
  2. Loss / damages operating media - e.g. lubricants, fuels. 
  3. Loss / damage due to Fire and Allied perils. 
  4. Consequential Losses / Pre-existing damages. 
  5. Damages for which original manufacturer / supplier is responsible. 


For details refer to policy wordings. 



To help us process your request, kindly send the filled and signed Application to

Fax: 920005444 Ext: 444 Or scan it to Customer Care Email: