UGIB

Machinery Break down

This insurance is suitable for the fixed/non-mobile machinery like air conditioning plants, lifts , escalators, deep freezers, chillers etc.

It provides cover for mechanical & electrical breakdown of the insured machines including unforeseen & sudden physical loss or damage from causes  such as defects in casting/materials, faulty design/erection, bad workmanship, lack of skill , carelessness , tearing apart due to centrifugal forces , short circuit and the like.