SOCIETATEA ASIGURARE-REASIGURARE ASTRA S.A.
MACHINERY BREAKDOWN INSURANCE (MB)
An “all risks” insurance policy - except for exclusions - providing protection against material damages to machinery, equipment and plant.
The policy excludes risks that are generally covered by the so-called “fire” policies, as the full coverage of an item requires to be supplemented by such a policy for risks such as fire, explosion, theft, natural hazards, etc.
The specific coverage triggered by the area of events occurring from either technological / fabrication or human operation errors.
Under the circumstances of technology changing so fast, sometimes subject to insufficient testing, the advantage of this protection become obvious in supporting the continuity of the administrative / production / trading activity of those interested to protect their business.
