Machinery Breakdown Insurance
The policy covers plant and machinery in a factory against any unforeseen and sudden physical loss or damage that necessitates repair or replacement from any cause other than those specifically excluded in the policy. Such causes include:
- Electrical or mechanical breakdown
- Defects in casting and material Faulty design
- Bad workmanship
- Physical explosion
- Tearing apart on account of centrifugal force
- Short circuit
- Vibration and mal-adjustment
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