Breakdown of machinery can severely disrupt production operations, often leading to significant financial losses—especially when delivery schedules are tight and contractual penalties apply. Prolonged downtime, loss of output, and reputational damage can pose serious challenges for any organization.

Machinery Breakdown Insurance provides coverage for losses arising from accidental, electrical, and mechanical breakdowns due to both internal and external causes. The coverage applies while the machinery is in operation, as well as during dismantling, overhauling, and subsequent re-erection at the same premises.

At Securisk Insurance Broking Pvt. Ltd., we understand the critical impact machinery failure can have on your business. Our industry-leading team designs innovative and customized insurance programs tailored to your specific operational needs, ensuring reliable protection and peace of mind.

Key Features

• Covers losses due to accidental causes on an All Risks basis, including:

  • Human error or lack of skill by workers or operators

  • Overheating of components and short circuits

  • Damage due to entry of foreign bodies

• Sum insured to be declared on Reinstatement Value Basis

• Multiple add-on covers available at additional premium