- The insurer provides compensation within the limit of the insured amount for the direct material damage caused to the insured good which can be both stationary and mobile, repectively both in activity and in repose, on the premises or geographical location mentioned in the policy only during the insurance contract period.
The risks covered by the machinery insurance policy are the following:
- Negligence, mishandling, employee operational errors;
- Catastrophic phenomena, falls, rollovers, bridge or tunnel collapses, the fall of objects or aircraft;
- Vandalism, theft, accidental damage or accidental wear.