Machinery Breakdown Insurance

Product info Machinery Breakdown Insurance

Machinery Breakdown Insurance

Providing protection on unexpected and unforeseen physical damage to machines during operation

User (The Insured)

  • Companies with machineries, such as factory, hotel, restaurant, hospital, office, shopping center
  • Bank or multifinance which lends the loan for machinery purchase

Benefits of Machine Damage Insurance


Compensation due to physical damage

Providing compensation due to physical damage that is caused by:

  • Machine defect 
  • Design error
  • Operation or installation error
  • Lack of skills during installation
  • Negligence 
  • Lack of water in the boiler
  • Physical explosion
  • Short circuit
  • Hurricane or other causes

Machinery Breakdown Insurance Product Features

Product Feature



The insurance term is 1 year


Types of Machine

The insurable machineries are:

  • Chiller
  • Boiler
  • Evaporator
  • Lift
  • Condenser
  • Power plant such as generator


The compensation amounts to the reparation cost plus the costs of transportation, customs and installation, with maximum value amounts to the insurance rate

Individual Product List

Choose Askrindo Insurance Products According to Your Individual Needs

Personal Accident Insurance

  • An accident is an incident or event that contains an element of violence, both physical and chemical in nature, which comes suddenly, including an accident that is caused by poisoning food, steam and gas, falling into water or sinking

Fire insurance

  • Provides protection for damage to buildings or property caused by fire, lightning, explosion, airplane crashing and smoke damage.

Construction Insurance

  • Provides protection for damage or loss to the project construction work construction or installation installation during the work period.

Liability Insurance

  • Providing protection to the insured due to his mistake or negligence which can be legally prosecuted because it results in loss and or damage to third parties.

Goods Transportation Insurance

  • Provides protection for damage or loss of objects or interests that can be insured while in transportation from one place to another by land, sea or air transportation

Property All Risk Insurance

  • Provides protection for damage that occurs suddenly and unexpectedly due to various risks that cause it such as fires, lightning strikes, explosions, hit by aircraft, smoke (FLEXAS), hurricane angina, hurricanes, floods, landslides, earthquakes, strikes , riots, riots, other people's evil deeds and other risks.

Money Insurance

  • Provides protection for loss or damage to money, other objects that are equated with money, and place of deposit of money due to crimes committed by third parties (not employees)

Machinery Breakdown Insurance

  • Provides protection for physical damage that occurs suddenly and unexpectedly to the machine in the operational process.

Heavy Equipment Insurance

  • Provides protection for heavy equipment damage in a particular project or location, when the heavy equipment is used (at work), is idle or is being demolished (overhauling).

Travel Insurance

  • Provides protection against unexpected events while traveling within the country and abroad.

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