Gateway Park, Block D, Mombasa Road,
Nairobi
Machinery Breakdown Policy
Businesses often invest substantial capital in acquiring and maintaining machinery, where any downtime can lead to significant income loss.
We offer a Machinery Breakdown policy to protect machinery while in operation, at rest, during dismantling for moving, under repair, cleaning, re-erection and installation. This policy also covers steam explosions and mechanical and electrical breakdowns, which are not typically included under a standard “All-Risk” property policy.
Scope of Coverage
The Machinery Breakdown insurance protects against
Losses due to electrical breakdowns
Losses due to accidental damages to the equipment
Liability for covered losses to the property of others in your care, custody or control
Costs of hiring temporary machinery
Repair or replacement costs for damaged property
Cover Benefits
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Business Interruption
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Extra Expenses
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Machinery Loss of Profit (MLOP)
Ensure your business operations remain uninterrupted and protected against machinery breakdowns with Cannon General Insurance’s tailored solutions.
Customer Downloads
Machinery Breakdown Policy Proposal Form
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