Installed Machinery Insurance

This policy is designed to insure Machineries which are fixed in the premises covering loss or damage due to unforeseen and sudden physical loss or damage from causes such as defects in casting and material, faulty design, bad workmanship, lack of skill, carelessness or from any other cause not specifically excluded herein after, in a manner necessitating repair or replacement. This policy is normally incepted on an annual basis and it is important that machineries are covered on new replacement value basis to avoid under insurance.

Protecting Your Machinery

Key Covers

  • Defects in casting and material
  • Faults at workshop or in erection
  • Shortage of water in boilers
  • Tearing due to centrifugal force
  • Faulty design
  • Bad workmanship, lack of skill, carelessness
  • Physical explosions
  • Electrical Malfunction or Short Circuit

Just a Professional Precaution

Disclaimer :

Please note that the above cover description is for information and does not represent the full coverage. For any clarification or information request, please contact National General Insurance Company Customer Service Desk.