You'll be able to keep your business going with our Machinery breakdown insurance
Sudden and accidental breakdown of mechanical, electrical or electronic plant and equipment
Applies to mechanical, electrical or electronic machines that you use in your business, except motor vehicles. It covers sudden and accidental mechanical breakdown but not wear and tear.
Repair or replace your machinery
Covers your business machinery for sudden and accidental breakdown. If it is repairable, we’ll either get it fixed, so they’re as close as possible to the condition before the loss or we’ll pay the cost of repairs. If it can't be repaired, we'll replace with an equivalent machine or pay you its second hand value.
Stock Deterioration cover
Stock Deterioration covers the cost of replacing the contents of your refrigerator if they perish due to its breakdown or due to a power cut (due to a breakdown of plant at your power company).
Cover for refrigerated stock
Cover for refrigerated stock as a result of your refrigeration machinery breakdown, failure of power (public utility).
Settlement of your stock
With Stock Deterioration cover we'll pay you the market value of your stock immediately before its deterioration.