PURPOSE OF COVER
Machinery Breakdown insurance is designed to provide indemnity for sudden and unforeseen physical loss or damage to the Property Insured. The indemnity commences on completion of successful commissioning and testing of the machinery at the Insured’s premises. It is a prerequisite and warranty of the insurance policy that all insured machinery is properly maintained and is kept in sound working order. It is important to note that a Machinery Breakdown policy is not a maintenance policy.