Engineering Insurance Policy
Setting up a major manufacturing process involves heavy investment in a plant and machinery. While a fire policy can cover loss or damage caused by fire and numerous other perils, it does not cover breakdown of the plant and machinery. Such breakdown can prove to be extremely costly requiring import of parts and expertise in repair.
Moreover, machinery breakdown can halt your complete manufacturing process. Protect it with Machinery Breakdown policy from NLG. This covers machinery (electrical equipment, mechanical plant, process machinery) against unforeseen, sudden accidental physical loss or damage caused.