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Loss of Profit following Machinery Breakdown Insurance

Our Loss of Profit following Machinery Breakdown Insurance cover loss of profits consequent upon Break-down covered by our concurrent Machinery Breakdown Policy

What you can Insure

  • Gross Profit comprising of
  • Direct Wages
  • Standing Charges
  • Auditor’s Fees
  • Increased Cost of Working

This Policy is concurrent policy and cannot taken separately without prevailing Machinery Breakdown Insurance Policy

All terms exclusions and conditions applicable to Base Machinery Breakdown Policy will apply to this concurrent policy.

Indemnity Period

  • 6 months

Policy Excess

  • 7 Working Days

Price (Premium) we collect/ Basis

  • Please call for our quote
    Rate depends upon the project, location, period and value

Claim Procedures

  • In case of a covered incident under this policy our claim procedure automatically follow along with material damage claim subject the submission or relevant documents.

NB:- The above details are for the brief illustration only. For full information on terms and conditions of insurance, please refer to the policy wording or contact with our technical team by email info@aman.ae

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