In a nutshell
All businesses rely on some form of equipment and most insurers cover this. However, some insurers forget to cover the financial loss that businesses can suffer if this machinery breaks down and your business activities are interrupted. With the king’s cover, your gross profit, gross rentals and increase in cost of working are insured… Just as long as the machinery that breaks down is also insured with us.
Under our ‘Machinery breakdown: Business interruption’ section you can choose to cover:
You’re covered against the financial loss your business suffers, as a result of damaged machinery, as long as this machinery is:
Loss or damage to property due to or caused by
As well as loss, or damage to