Machinery breakdown
Machinery breakdown loss of profit
CAPACITY USD 20,000,000
Placement requirements:
- Insured Name
- RUC or identification number
- Insured amount
- Complete information of the equipment or machinery, with its respective year of manufacture
- Coverage
- Rates and deductible required
- Validity
- Accident rate from last 3 years (minimum)
- Inspection report
- Machinery breakdown and Machinery breakdown including loss of profit conforms the same cluster, therefore they must be placed together. In addition, the following information must be provided:
- Form to establish insured amounts, signed by the insured.
- Type of policy (English or American)
- Period of indemnity
- Deductible