Machinery Breakdown
This provides compensation to the insured for any unforeseen physical loss or damage to machinery declared by any cause not specifically excluded which necessitates repair or replacement when the machine is working, at rest, being dismantled, reinstated or reassembled for cleaning, maintenance, overhaul, inspection, adjustment, relocation, movement or repair. Cover includes accidents caused by negligence, lack of skill, insufficiency or entry of foreign bodies.
Loss of Profits
This policy covers loss of profits and/or revenue or increased cost of working to maintain turnover following business interruption or interference as a result of loss or damage caused by machinery breakdown.
Deterioration of stocks
This policy covers loss of profits and/or revenue or increased cost of working to maintain turnover following business interruption or interference as a result of loss or damage caused by machinery breakdown.
Deterioration of stocks
This policy covers loss or damage to stocks as a result of machinery breakdown.