Damage to machinery and equipment can occur suddenly and unexpectedly – whether through a collision or material fatigue, for example. It is a risk that can seriously impact companies and interrupt their business operations. Machine breakdown insurance enables firms to protect themselves against the financial risks this entails.
Personal on-the-spot advice from our specialists
Individually tailored to your needs
Potential protection against loss of earnings
Our benefits for you
We assist you in putting together an insurance package for your machinery and equipment that is in line with your needs. Whether it is the scope of cover or the objects to be insured, every company has its own specific requirements.
Damage to machinery can interrupt a business’s operations for extended periods, which in turn can result in lost earnings, additional costs to maintain operations and even reputational damage. Machinery business interruption insurance can protect you from unforeseen losses like these.
Machine breakdown insurance
Provides comprehensive protection for machinery and equipment in all common industries.
Helvetia covers:
Violent external impacts
Non-violent external impacts
Internal causes
Operating materials, filter media, coolants and heat-transfer media of insured objects
Data storage media of insured objects
Operating systems / firmware of insured objects
Follow-up costs such as salvage and clean-up costs
The following can also be insured as an option:
Additional follow-up costs such as salvage and clean-up costs
Exchangeable tools, moulds and attachments
Fire and natural forces*
Theft
Supplementary insurance for new replacement value and/or current value
Real time value and current value supplement
Objects rented for short periods
Provisional cover
*to the extent permitted by law and not already insured otherwise.
Machinery hull insurance
Financial protection for self-propelled and mobile machines for damage caused by external impacts.
Helvetia covers:
Violent external impacts
Operating materials, filter media, coolants and heat-transfer media of insured objects
Data storage media of insured objects
Operating systems / firmware of insured objects
Follow-up costs such as salvage and clean-up costs
The following can also be insured as an option:
Additional follow-up costs such as salvage and clean-up costs
Exchangeable tools, moulds and attachments
Fire and natural forces
Theft
Loss due to inaccessibility, subsidence, tunnel collapse or water ingress
Real time value and current value supplement
Objects rented for short periods
Provisional cover*
*to the extent permitted by law and not already insured otherwise.
Machinery business interruption insurance
Cover for lost earnings resulting from insured damage to machinery.
Helvetia covers:
The financial consequences of a business interruption
Additional cost of maintaining operations
The following can also be insured as an option:
Special expenditure
Non-availability of public utilities*
*The non-availability of public utilities must be due to a loss event covered under Helvetia’s Standard Terms of Insurance Machine breakdown insurance.
Contact & advice. Make an appointment today.
A free consultation without obligation
Tailored risk consultation and insurance proposal
Over the phone, in your home or at an agency close to you