This is a very important form of protection available to cover your items of plant and machinery against the risks of explosion collapse and breakdown. The policy may be arranged against said perils on your Transformers, Generators, Compressors, Pumps, Boilers, Lightning tackle, Processing machinery and the likes.
PRODUCT FEATURES
Machinery breakdown Insurance covers the cost of repairs or replacement of damaged parts due to accidental electrical or machinery breakdown.
REQUIREMENTS FOR QUOTATION
- Duly completed Proposal form
- Know Your Customer (KYC) form
STEPS TO MAKE A CLAIM/ CLAIM PROCESSING
- Immediate notification via phone call, app, letter or email
- Duly completed Claim form
- Other claims substantiating documents as may be required
Please note that physical inspections of the assets to be insured will be conducted.
Terms and conditions apply.
