Businesses depend on the functionality of machinery that is directly related to their operations. An out-of-order machinery can threaten the business. It is these unforeseen risks that are insured by machinery breakdown insurance.
With machinery breakdown insurance, you can insure all types of machines, devices, electrical equipment, technological and production lines, electronic data processing systems,
medical devices, telecommunication systems, and other devices and equipment.
Machinery breakdown insurance is a guarantee of stable financial development for all small, medium and large businesses whose activities and income depend on the proper functioning of tangible assets.
You can also purchase loss of profit insurance along with machinery breakdown insurance. This means that due to equipment downtime, unearned profits and fixed costs during the period required for their repair will be reimbursed by GPI.
