Machinery Loss of Profits
The policy provides cover for profits lost and increased working costs following damage to machinery.
Significant features and benefits:
- A flexible policy to cover a wide range of businesses.
- Protection against Business Interruption following breakdown by accidental damage.
- Failure of the public utilities (such as electricity, gas and water for more than 30 minutes).
- Ability to protect expanding businesses – cover extends to pay up to 133.3% of the estimated annual gross profit sum insured.
- Choice of indemnity periods.
- Complementary cover – dovetails with the cover provided under a Property
- Business Interruption policy.
- Completion of a proposal form is not required.
Optional cover available:
- Pressure plant – additional protection can be arranged to cover explosion of pressure plant equipment.
Policy Documentation
Machinery Loss of Profits Policy
Machinery Loss of Profits Policy Summary