Machinery Insurance

This policy provides insurance cover for plant, machinery and mechanical equipment at work, at rest or during maintenance operations.


  • Cover against unforeseen and sudden loss


  • Cover against unforeseen and physical loss 

  • Cover against unforeseen and damage to machines




    All business enterprise and corporations.



    Duration of cover for one year

 Major Exclusions



This policy does not cover losses, such as:-

  • Loss or damage to exchangeable tools, machinery parts which suffer a high rate of wear and tear.

  • Loss or damage as a direct consequence of the continual influence of operation.

  • Loss or damage due to fire and allied perils, flood, collapse of building, landslide.

  • Loss or damage for which a supplier, contractor or repairer is responsible either by law or under contract.

  • Consequential loss or liability of any kind.

  • War and kindred risks.

  • Consequence of nuclear reaction, nuclear radiation or radioactive contamination.