Machinery breakdown insurance
Cover sudden and accidental machinery damage in factories and industrial units, with attention to valuation, exclusions and loss-of-profit exposure.
Start with the business behind the policy
A production line can stop even when there is no fire. Electrical faults, mechanical failure, operator error or centrifugal force can damage critical machinery and create repair costs and lost production.
Machinery breakdown insurance is designed for sudden and unforeseen physical damage subject to its wording. Umber helps identify critical machines, replacement values and dependencies before approaching insurers.
Who should review this cover
- Manufacturing and processing plants
- Cold stores and utilities
- Printing and packaging units
- Pharmaceutical production facilities
- Engineering and fabrication units
- Businesses dependent on compressors, boilers or generators
What the cover may include
Use this as a starting point. The selected policy wording and your declared circumstances determine what is covered.
- Insured machinery listed or described in the schedule
- Sudden mechanical or electrical breakdown
- Repair or replacement subject to policy basis
- Freight, duties or escalation when endorsed
- Surrounding property when specifically arranged
- Machinery loss of profit under separate cover
The details worth a closer look
- 01
Wear and tear or gradual deterioration
- 02
Pre-existing defects and maintenance issues
- 03
Consumables and frequently replaced parts
- 04
Incorrect new-replacement values
- 05
Uninsured foundations, utilities or auxiliary equipment
- 06
Production loss without machinery-loss-of-profit cover
When you need support
- Preserve damaged components and service records
- Coordinate inspection before major repair
- Separate breakdown damage from wear and maintenance
- Document repair estimates, invoices and downtime
Your questions,
answered clearly.
A question is
a good place to start.
Tell us what you’d like to review. We’ll help you work through the next step.
General information only. Cover is subject to the selected policy wording, disclosures, underwriting, exclusions, warranties and deductibles.