Machinery Breakdown Insurance

  •  About Policy 
  •    Scope of Cover 
  •    Additional Covers 
  •    Extensions 
  •    Exclusions 
  •    Rating 
  •    Sum Insured 

About Policy

Machinery Breakdown Policy covers your mechanical and electrical machinery and equipment for which you are responsible or held in trust and/or commission at the insured premises.

The policy is designed to provide cover against unforeseen and sudden physical loss or damage to the machinery by any cause subject to excepted risks. Machines are an integral part of all manufacturing and industrial units be it large industrial establishments or small and medium enterprises and any unexpected accident/breakdown can adversely affect business.

Here's what you need to get started


Scope of Cover

The Machinery Breakdown Insurance covers sudden and unforeseen damages arising from mechanical and electrical breakdowns and accidental external means to insured's plant and machinery. The cover is granted when the machinery is in operation or rest or in the process of dismantling, overhauls or during subsequent re-erection at the same premises.


Additional Covers

Loss or damage due to:


  • Air freight
  • Express freight (excluding air freight) overtime & holiday wages
  • Insured's own surrounding property
  • Third party liability
  • Escalation
  • Additional custom duty





  • Rating would largely depend upon Type of machine, availability of stand-by equipments and claims experience.
  • Special rating scheme for equipments valued Rs. 50 lakh and above based on age, maintenance, in-built safety systems, claims experience etc.


Loss or damage due to:

  • Fire, lightning, inundation, flood, earthquake, subsidence, landslide chemical explosion, burglary and theft, impact by land borne/water borne craft
  • Wear and tear, faults or defects existing at the time of commencement of insurance which ought to have been or were known to you, faults or defect for which the supplier is responsible either by law or under contract
  • War or warlike operations, nuclear reaction, radiation or radioactive contamination
  • Willful acts or gross negligence on your or your representatives' part.
  • Accident Loss/damage and/or liability resulting from overload experiments or tests requiring imposition of abnormal conditions.
  • Loss of or damage to belts, ropes, chains, rubber tyres, dies, moulds, blades, cutters, knives or exchangeable tools, engraved or impression cylinders or rolls; objects made of glass, porcelain, ceramics, all operating media etc.
  • Gradually developing flaws, defects, cracks or partial fractures in any part not necessitating immediate stoppage.



  • Type of machine
  • Deductible

Sum Insured

Sum Insured shall be equal to the cost of replacement of the insured property by new property of the same kind and same capacity.


Need Help 

Customer Support: 1800 266 3202

Have us call you


Apply Job


Please note: Upload PDF or Word files only Up to 1 MB

Thank you for contacting us. We will get in touch with you shortly.

Thank you!

You will be contacted from our customer service within 24 hours.

Please note it down.

And in case you don't get a call within 24 hours,

please call us on 180030023202 and quote this reference number.

If you are registered with DNC,

then please call us at 180030023202

Thank you for the application! We will contact you regarding your job application.