Plant & Machinery Insurance
Plant & Machinery Insurance
Protect Your Assets
When plant, equipment, and machinery are essential to your business, safeguarding these assets is crucial. An unexpected breakdown can delay projects, jeopardizing client relationships and causing significant financial loss.
Whether you own or rent machinery, having the right insurance coverage provides peace of mind, ensuring that your operations can continue smoothly even in the face of unforeseen events. Investing in machinery insurance is a proactive step in protecting your business’s core functionalities and maintaining productivity.
What Does It Cover?
- Natural Disaster Protection
Covers financial losses resulting from natural disasters and other uncontrollable events.
- Claim Filing Expense Compensation
Provides reimbursement for costs associated with filing a claim.
- Single-Event Loss Grouping
Groups losses within a 72-hour period from a single event as one claim with a single deductible.
- Waiver of Subrogation
Relieves policyholders from the obligation of pursuing damage recovery from third parties.
- Riot and Labor Dispute Coverage
Insurance for losses arising from riots, labor disputes, and civil unrest.
