We Provides suitable policies to cover losses or damages to Electrical or Mechanical machinery, Process plant and equipment in factories from causes such as defects in casting and material, faulty design, bad workmanship, physical explosion, tearing apart on account of centrifugal force, short circuit, vibration, mal-adjustment, misalignment etc.

The Sum Insured may be either on the basis of the actual value or the new replacement value of the property but should be adequate to cover the total exposure. The Insured should be able to provide the sum Insured but may seek help of our underwriters to determine how to do so. The Sum Insured is very important and needs to be given due consideration to avoid application of Average in the event of a claim

The rate chargeable is always applied on basis on the Total value of the Machinery or Plant and is very dependent to the type, make and Model of the Machinery or Plant and the Process for which it is being utilized. There are monetary as well as time deductible in addition to other policy conditions.

Here you will be able to seek information and request quotation on line.