Overview
Covers financial losses resulting from a machinery breakdown. This policy must be issued concurrently with the Machinery Breakdown Insurance Policy.
Coverage
Provides cover for the loss of profits sustained as a result of a business interruption caused by material damage indemnifiable under the Machinery Breakdown Insurance Policy.
The benefit(s) payable under eligible product is protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact Berjaya Sompo Insurance Berhad or PIDM (visit www.pidm.gov.my)
Major Exclusions
- Loss or damage due to fire, lightning and allied perils
- War and kindred risks
- Restrictions imposed by any public authority
- Consequence of nuclear reaction, nuclear radiation or radioactive contamination
Note: This list is non-exhaustive. Please refer to the Policy Contract for the full list of exclusions.
