We understand there are unique hazards that can lead to the sudden interruption of the functioning of your business. That is why we provide cover when a breakdown or an explosion from functioning equipment arises. This insurance policy covers loss or damage to refrigeration and air conditioning equipment, turbines, pumps, boiler, or other pressure vessel engines that utilize electrical or mechanical energy or are under steam pressure.
Our policy covers damage to surrounding property, whether it is the insured’s owned property or damage to third party property caused from equipment under the control of the insured. It further provides coverage for liability for third party fatal or non-fatal injuries.
We provide the cost of repair or replacement of the damaged equipment caused by the named peril in the policy, as the case may be, in the shortest possible time to ensure that your business continues to run swiftly again.