Call

0860 50 50 50

or leave your info below and we'll call you back
OR

Car Insurance Quotes

Afrikaanse weergawe

Machinery breakdown

We can’t keep the cogs moving… But we can help you pick up the pieces when they stop

In a nutshell

Machines are an integral part of any manufacturing or production process. Without them, you’ll find it hard to be productive if this is the business you’re in. Luckily, King Price can fix you up with machinery breakdown cover that’ll have you going again in no time at all. Our machinery breakdown insurance provides cover for unforeseen and sudden damage to the insured machinery on your premises.

You’re covered against unforeseen and sudden physical damage to your property (caused by an incident which isn’t specifically excluded), while it’s on the premises.

This damage must occur while the machinery is at work or at rest, or being dismantled or re-erected for the purpose of cleaning, inspection, repair, overhaul, removal to another position within the premises, or in the course of these operations.

The damage must also be caused by, but isn’t restricted to:

  • Defects in casting or material.
  • Faulty design.
  • Faults at workshop or in erection.
  • Bad workmanship, lack of skill or carelessness.
  • Shortage of water in boilers.
  • Physical explosion.
  • Tearing apart on account of centrifugal force.
  • Short circuit.
  • Any other cause not specifically excluded.

Loss or damage to property due to or caused by

  • Incidents which are covered under the king’s ‘Fire’ section.
  • A supplier, contractor or repairer.
  • Faults or defects which you knew of.
  • Wear and tear, cavitation, erosion, corrosion, rust or boiler scale.
  • The misapplication of tools or from experiment, overhauls or tests requiring the imposition of abnormal conditions.

As well as loss, or damage to

  • Exchangeable tools or parts that by their use or nature suffer a high rate of wear and tear.
  • Objects made of glass, belts, ropes, wires, rubber tyres, and operating media.