Machinery breakdown insurance covers the cost of repairing or replacing insured machinery following a breakdown. It also includes electronic or mechanical machinery and equipment such as boilers, pressure plants, refrigerators and air conditioners.
At DKG Insurance Brokers, we understand that the needs of each client are different, therefore we will take the time to assess your individual risk requirements and deliver a bespoke solution. Please reach out to one of our experienced brokers today.
Important note − The information provided is general advice only and has been prepared without taking into account your objectives, financial situation or needs. When making decisions about machinery breakdown insurance, please consider the Product Disclosure Statement.
A machinery breakdown insurance policy can protect you from financial loss when things don’t go to plan. It could assist your business in a number of ways:
- Repair costs covering the breakdown of machinery.
- Consequential losses as a result of the breakdown, eg. replacement for loss and spoilage of stock or loss of profits, which could occur while waiting for the parts to repair your machinery.
Types of machinery this policy can cover are:
- Air conditioning
- Cool rooms, fridge or freezer
- Printing equipment
- Boilers
- Pressure vessels
We can arrange cover specifically for the machinery integral to your business. We strive to provide you with a solution that gives you peace of mind and greater confidence when making decisions that affects the future of your business.
What usually isn’t covered?
There are exclusions. Please check with us as there is also often a deductible or excess and limits on cover.
Important note − The information provided is general advice only and has been prepared without taking into account your objectives, financial situation or needs. When making decisions about machinery breakdown insurance, please consider the Product Disclosure Statement.