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Engineering
and Inspection Insurance >
Machinery
- Sudden and Unforeseen Damage
Product
summary
This policy
covers machinery from unexpected damage caused by breakdown
and accidental damage and gives the flexibility to insure
all of the machinery on the premises or to restrict
cover to specific items.
Key features
- Cover
designed to be suitable for a wide range of different
industries.
- The cost
of repair or replacement - the expense involved in
repairing or replacing plant installed at, or on,
the insured premises, where this is the result of
sudden and unforeseen damage and requires immediate
action to allow normal working to continue.
- Temporary
removal - cover for damage to machinery that is being
temporarily removed to another UK location.
- Transit
cover (other than by sea or air).
- Expenses
expediting - cover for any reasonable costs for carrying
out temporary repairs following damage, including
the use of rapid transport, and overtime work.
Additional
cover
- Cover
for chimneys, storage tank contents, pressure plant
explosion and accidental damage to products in the
course of manufacture available.
Exclusions
- Damage
resulting from fire, lightning, explosion, aircraft,
storm, flood, subsidence, earthquake or theft.
- Breakdown
or explosion of new machinery is not covered, when
this occurs within 30 days of initial installation.
- Damage
caused during testing or maintenance.
- Damage
to renewable parts and fuses.
- A minimum
excess of £500 applies.
- Damage
to furnace linings, brickwork, masonry or foundations.
- Normal
wear and tear.
- Damage
by terrorism (unless specifically included)
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