This policy provides insurance cover for plant, machinery and mechanical equipment at work, at rest or during maintenance operations.
Cover against unforeseen and sudden physical loss or damage to machines from cases such as defects in casting and material, faulty design, faults at workshop or in erection, band workmanship, lack of skill, carelessness, shortage of water in boiler, physical explosion, tearing apart on account of centrifugal force, short circuit, storm or from any other cause not specifically excluded.
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.
