What is Farm Machinery & Equipment Insurance?
What's in it for you?
This policy is designed to cover farm machines and equipment against fire and perils, breakdown, burglary, consequential loss among other risks.
How does it work?
A cover that indemnifies the actual loss of gross profit sustained as a result of a business interruption caused by an accident covered under machinery insurance.
Want to know more about Farm Machinery & Equipment?The questions below will give you more insight into the product.
- Defects for which the supplier is responsible
- Loss due to willful acts of negligence
- Loss in income without an actual breakdown of the machinery
- Political and terror-related risks