Machinery All Risks Insurance

Machinery All Risks Insurance

Coverage

Indemnify for material damage unforeseen and accidentally occurred for machinery due to insured risks, except risks excluded in the wording.


Exclusions

This Policy does not cover:

  • Mechanical or electrical failure (means damage resulting from defective material, design construction or erection) or overheating of the Machinery,
  • Loss or damage due to testing involving the imposition of abnormal conditions, intentional, overloading or experiments,
  • Theft or conversion of any item of Machinery by the hirer of such Machinery or his employees or agents.