Machine Breakdown – PrimeLink Insurance Agency

Machinery Breakdown

Category:Non Motor

Description:

CLASS OF POLICY

Machinery Breakdown Insurance

PERIOD

From: To:

COVER

Sudden and unforeseen accidental loss and/or damage to plant and machinery and/or equipment whilst at rest and/or working and/or in the process of cleaning and/or repair and/or theft per policy.

INTEREST

Items Insured

On _______________________________
On _______________________________
On _______________________________
On _______________________________
On _______________________________

Total Sum Insured

Sum Insured (Ksh)

_____________________

EXCESS

10% of sum insured per unit item minimum Ksh. 10,000/=

SPECIAL CONDITIONS & CLAUSES

Automatic reinstatement of loss.
Reinstatement value clause.
Replacement value clause.
Malicious damage.
Bush fire clause covered.
Flood, storm, tempest, water drainage, impact etc.
Riots & strike.
Fire & lighting.
Transit risks covered.
Internal/external/temporary removal.
Earthquake & explosion.
Electrical clause deleted
Excluding loss/damage covered under warranty.
Excluding millennium clause.
Excluding war & terrorism.

BASIS OF SETTLEMENT

Replacement of value per property.