Machinery Breakdown Loss of Profit

Product information

Machinery Breakdown Loss Of Profit Insurance Disclosure Sheet (English)

Machinery Breakdown Loss Of Profit Insurance Disclosure Sheet (BM)

The benefit(s) payable under eligible policy is protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact TMIM or PIDM (visit www.pidm.gov.my).

Key coverage

Here is an overview of your coverage.

Coverage for financial losses

Compensates for:

Loss of gross profit.
Continuing business expenses (standing charges) including the salaries and wages paid to employees.
Increase in cost of working, i.e., the additional expenditure necessarily and reasonably incurred for avoiding or diminishing a reduction in turnover.

How much is my premium?

Your premium may vary, depending on

Your risk exposure
Our underwriting requirements

More product
information

Machinery Breakdown Loss of Profit Insurance Proposal Form

PDF, 282.92 KB

What we
don’t cover

Any loss resulting from interruption of or interference with business attributable to these causes

✖ Loss or damage due to fire and allied perils.

✖ Loss or damage for which a contractor, supplier or repairer is responsible.

✖ Any restrictions or reconstruction or operation imposed by any public authority.

✖ Loss of or damage to machinery or mechanical installations which are not listed in the list of plant and machinery insured.

Note:
This list is non-exhaustive. Please refer to the sample policy contract for the full list of exclusions under this policy.

Important Information

This plan is underwritten by Tokio Marine Insurans (Malaysia) Berhad. All benefits and features mentioned herein are subject to terms and conditions of the policy. It is in your best interest to refer to the policy contract for the precise terms and conditions of this insurance plan. The information shown here is for reference only and is accurate as of 30 June 2012.

Note: You should check that this policy will best serve your needs. You should read and understand the insurance policy, and at all times, feel free to contact us for more information. 