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.

Download our Machinery breakdown insurance policy

• Machinery breakdown insurance policy
• Stock Deterioration insurance policy

This information is intended as a guide only. There are exclusions and limits to the cover we provide. For the policy wording see our Machinery breakdown insurance policy (PDF).