Insurance & Retirement Machine Breakdown Insurance

Overview

Machinery Breakdown Insurance is crafted to cover potential damages arising from sudden and unforeseen failures of machinery or equipment. This insurance comprehensively addresses breakdowns that may occur in production lines, industrial facilities, construction machinery, or other operational equipment.

Teminat Kapsamı

  1. Accidents during operation,

  2. Defects in design, manufacturing, assembly, materials, molds, castings, and workmanship,

  3.  Lubrication failures,

  4. Direct effects of electrical energy such as short circuits, power surges, voltage rises due to insulation failures, and indirect impacts of atmospheric electricity,

  5. Blockages, ingress of foreign substances,

  6. Fragmentation due to centrifugal force,

  7.  Water shortages in steam boilers and pressure vessels,

  8. Water hammer, sudden overheating or cooling,

  9. Deformations like crushing, tearing, wrinkling, etc., due to low-pressure conditions in enclosed chambers,

  10. Damage from storms, hurricanes, frost, or movement of thawed ice pieces,

  11. Expenses for repairs and replacements required due to material loss and damage resulting from negligence, faults, errors, carelessness, or sabotage by company personnel or third parties not excluded from coverage,

  12. Other instances not excluded that result in material loss and damage necessitating repair and replacement expenses.

Covered products

  • All types of machinery
  • Heating-ventilation systems
  • Compressors
  • Generators
  • Pumps
  • Cooling-purification systems
  • Transformers
  • Industries such as textiles, paper, metallurgy, and cement

Application Requirements

Please contact your nearest branch for further assistance and information.

Application Channels ?

Please contact your nearest branch for further assistance and information.