Asset Protection Machinery Damage


Cover We will indemnify You in respect of Damage occurring during the Period of Insurance to the Plant or Machinery at The Premises by the following Contingencies, if the letter set against it appears on The Schedule.


The maximum We will pay in respect of any one claim will not exceed


(1) the Limit of Liability on each item or


(2) the Maximum Limit of Liability or


(3) any other maximum amount payable or Limit of Liability specified in The Schedule.


Contingencies


A Sudden and Unforeseen Damage Sudden and unforeseen Damage including (1) Breakdown (2) Explosion (3) Collapse (4) Accidental Damage


to Plant or Machinery at The Premises, which requires repair or replacement before normal working of the Plant or Machinery can resume.


B Breakdown, Explosion or Collapse


Breakdown, Explosion or Collapse of Plant or Machinery at The Premises which requires repair or replacement before normal working of the Plant or Machinery can resume.


C Accidental Damage Accidental Damage.


Exceptions The following exceptions apply to this Section.


{Also refer to the Policy Exceptions at the back of this policy booklet). We will not indemnify You in respect of (1) Damage caused by or consisting of


(a) fire, lightning or explosion (except Explosion as defined in this Section)


(b) aircraft or aerial devices or articles dropped from them


(c) storm, flood or inundation from the sea


(d) escape of water from any tank apparatus or pipe


(e) subsidence, ground heave or landslip (f) theft or attempted theft. regardless of any other contributory cause.


(2) the cost of remedying or repairing (a) gradual deterioration or wear and tear


(b) gradually developing defects, flaws, deformation, distortion, cracks or partial fractures


(c) loose parts or defective joints or seams unless caused directly by overheating brought about by shortage of water in Plant or Machinery which is subject to steam or fluid pressure.


However We will indemnify You for any consequent Damage to Plant or Machinery insured under this Section.


(3) the cost of any maintenance work.


(4) Damage caused by the use of one or more cranes unless the lifting operation complies fully with the requirements of BS7121 or any other British or International standard which may replace it.


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