Ideal Advantage -

The Policy Covers

• Electrical Breakdown Due too Under Voltage, Excess Current, Loose Connections, Arcing, Sparking, Ageing Insulation, Open Circuit, Short Circuit.
• Mechanical Breakdown Due to Falling Object, Entry of Foreign object, Failure of safety devices, failure of parts – rotating and reciprocating, Faulty operations, Overheating, Vibration, Fouling Abuse, Dust - Humidity
• Sudden and unforeseen accidental physical damage to machinery while:
• Guaranteed Lowest Premiums
• Best Product
• Renewals from any Company
• Quick Claim Settlement
• 24 Hr Service Helpline
• Timely Renewals

1. The machinery is working or at rest
2. The machinery is being dismantled for cleaning / overhauling and in course of these operations, being shifted within specified premises or being re-erected subsequently

Exclusions

• Fire and related perils, normal wear and tear and Pre-existing defects
• Overload experiments / tests / abnormal operating conditions
• Gradually developed flaws / defects not necessitating immediate stoppages
• Willful act / negligence, Contractual liabilities, Consequential losses
• Parts requiring regular replacements and Loss for which manufacturer is responsible

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