Machinery breakdown on-site costs a fortune in delays and reparations, especially when you’re contracted to complete the works by a specific date. MBD covers you if suffer a plant, machinery or mechanical equipment breakdown at work, at rest, or during maintenance.
What’s covered?
Machinery Breakdown Insurance covers unforeseen and sudden physical losses of – or damage to – machines named on your policy, while:
- Working
- At rest
- Being dismantled, removed or re-erected at the same site
It also covers loss or damage due to:
- Faulty operation, adjustment and casting
- Vibration
- The entry of foreign objects
- The loosening of parts
- Self-heating
- Centrifugal force