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    What’s covered & what’s notThings to considerBack to Business Insurance

    Machinery Breakdown

    This insurance covers the cost of repairing or replacing insured machinery following breakdown. It also includes electronic or mechanical machinery and equipment, such as boilers, pressure plants, refrigerators and air conditioners.

    Did you know?

    ‘Breakdown’ generally refers to unforeseen and sudden physical damage to machinery from any cause not excluded which requires repair or replacement to enable normal working to continue.

    What’s typically covered?

    Any item or items of machinery, or any part of a machine referred to on your insurance certificate that suffers insured damage during the period of insurance.

    What’s typically NOT covered?

    Loss or damage arising from:

    1. Fire, smoke, soot, or chemical explosion (other than an explosion of flue gas in boilers)
    2. Extinguishing a fire including subsequent demolition or repair work
    3. Lightning
    4. Impact of land borne vehicles, aircraft or watercraft
    5. Earthquake, subterranean fire or volcanic eruption
    6. Landslip or subsidence
    7. Storm; wind, water or flood
    8. Water escaping, discharged or leaking from any source which is external to the machinery insured
    9. Theft or burglary
    10. Intentional or malicious damage
    11. The carrying out of tests involving abnormal stresses including overloading of any insured item
    12. Turbine pumps or helical rotor pumps unless shown on your Insurance Certificate
    13. Consequential loss as a result of the breakdown of machinery
    *As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.

    Things to consider

    • Is your business reliant on important and expensive machinery to operate?
    • Do you have the spare cash to continually fund repairs to and replacement of the machinery that business operations depend on?
    • Do you have stock I keep in cold storage? Is the stock covered if it is damaged due the breakdown of the refrigeration unit?
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    BizCover Pty Ltd (ABN 68 127 707 975; AFSL 501769). BizCoverTM does not compare all general insurers or insurance products in the market, only those listed on our website. We act as agent of the insurer in respect of any insurance policy purchased through us and not as your agent. Any advice provided is general advice only and does not take into account your personal objectives, financial situation or needs. Please consider whether the advice is suitable for you before proceeding with any purchase, including by reading the Product Disclosure Statement or Policy Wording (available on our website). For more information about our services, including how we are remunerated, our remuneration rights if the policy is cancelled and how we deal with your personal information, please read our Terms and Conditions (including Privacy Notice), Financial Services Guide and Privacy Policy