Engineering insurance

Machinery breakdown insurance

At full capacity

What is Machinery breakdown insurance?

Machinery breakdown insurance Plus offers protection against accidental events that could affect your company's machinery, compensating you for the costs you have to face for its repair or replacement.

Advantages of this insurance

Discover all we can offer you thanks to our machinery breakdown insurance and the different types of cover available.

Extensive covers

Benefit from a wide range of covers adapted to your needs.

Three ways of taking out the insurance

Choose the contract that suits your company's type of machinery - Internal Damage, External Damage or All Risk.

Tailor-made extensions

Extend your insurance by taking out the additional covers which you need, such as loss of profits or deterioration of refrigerated items in fixed machinery.

Main coverage

Internal damage

This type has been especially devised for fixed production machinery and covers accidental damage arising from causes inherent to the operation of the actual machinery, such as:

Design, calculation or assembly errors
Defects in material or workforce
Electrical breakdowns
Damage due to bad management, lack of skill or negligence of employees
Faults in regulating or safety devices

External damage

This type, designed especially for mobile machinery, protects you from accidents unconnected with the operation of the machinery. We are talking about:

Damage sustained through fire, explosion or lighnting
Damage caused by accidental impact, overturning or by a crash or collision with another item
Damage connected with the instability of the land through suffering subsidence, landlside or rockfall
Damage caused by natural phenomena such as storm, hail or frost, provided that they are not covered by the Insurance Compensation Consortium

All Risk

Our most complete cover, mostly recommended for that fixed industrial machinery which you need to protect from all damage, as it combines internal and external damage in a single type.

Extraordinary risks

Machinery breakdown isurance, in any of its forms, protects your from damage arising from extraordinary events (natural phenomena and politico-social risks) occurring in Spain. The Insurance Compensation Consortium grants you cover in accordance with its legal regulations.

Optional covers by type

For Internal Damage and All Risk

Additional covers for overtime or urgent work performed to repair machinery
Damage to refrigerated goods through occurrences covered which affect the refrigerating machinery insured
Loss of profits through temporary cessation of activity at the company caused by damage sustained by a machine covered by the policy

For External Damage

In the External Damage option you can also include additional costs, and, furthermore, covers such as:

Movement risk, insuring movement of your machine under its own steam
Overland transportation, insuring movement of your machine by other means of transport, within Spain
Breakage of glass

FAQs

Who is this insurance for?

Machinery Breakdown Plus insurance is aimed at companies and professionals whose professional activity requires the use of industrial machinery.

Why do I need Insurance for my machinery?

This insurance guarantees the payment of an indemnity in the event of having to repair or replace the insured machinery, thus mitigating any loss that an eventual breakdown can cause to your business. This insurance also provides financial protection against third parties: in the event of any financial institution having helped you acquire your machinery.

Which damage does this insurance cover?

Depending on the type of contract chosen, this insurance covers payment of an indemnity for internal or external damage. In addition, here is the possibility of taking out a type which covers both.

Why take out Machinery breakdown insurance with Plus Ultra Seguros?

Adaptability

Because every company has circumstances, we adapt to your activity so you receive the advice and service you really need.

Personalised Customer Service

We want to be right by your side so we can learn about your needs and offer you the fastest, most precise response that your business deserves.

Complete protection

You will be able to take out your breakdown insurance for selected machinery with the most suitable cover options for your company and get the best protection.