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.
Contact your broker for further details.
Policy Documentation
Machinery Loss of Profits Policy Summary
Machinery Loss of Profits Policy