Your machinery is the beating heart of your business.

Protect your business continuity even when everything comes to a standstill.

Machine break

Machinery breakdown insurance protects companies against financial losses due to damage to equipment essential for business operations.

What is machinery breakdown insurance?

Whether it is an internal failure or an external cause - machine failure can affect any manufacturing company. Think of a broken shaft, an overvoltage in the motor, or even human error.

This can lead to significant financial consequences for your business. In the worst case, it may even lead to a halt in your business operations.

Fortunately, there is a solution: machine breakdown insurance.

Why choose machinery breakdown insurance?

Standing still is going backwards

Machine failure has far-reaching consequences.

Not only do you risk losing customers and market share.
You may also face penalty clauses and reputational damage.

In some cases, you may even be forced to make redundancies.

In short, machine failure can seriously jeopardise your business continuity.

Mistakes are human

In a dynamic working environment, mistakes can happen. A simple mistake can cause a chain reaction leading to costly damage to your machinery.

Minimising wasted time

A quick repair or replacement of machinery limits the damage. So you can get back to work in no time and production losses are minimised.

What does machinery breakdown insurance cover?

From mobile to fixed machines - insure specific devices or your entire fleet of machines.

Depending on the type of machine, different safeguards are possible.
Materné will create the optimal policy with you.

Internal malfunctions

Damage due to internal faults, technical defects, mechanical failures, electrical problems, material defects, vibrations, overheating, etc.

External Causes

Damage caused by fire, explosion, lightning, water damage, flood, collision, and other unforeseen events.

Human Errors

Damage arising from human error during operation, maintenance, repair, or other related activities.

Replacement cost

The cost of repairing or replacing damaged machinery, including labour, parts and materials.

Repair costs

Repair costs of damaged parts of machines.

Additional costs

Additional expenses arising from a machinery breakdown, such as costs for temporary replacement machinery, rental equipment, emergency repairs, transport of damaged machinery, etc.

Business shutdown

Loss of revenue due to machinery failure, including costs arising from temporary closure or reduced production.

Discover all the advantages of this insurance

Frequently asked questions

Discover the most frequently asked questions about this insurance. Over the years, we have collected this information and summarise it here. Easy, right?

This varies depending on the insurance company and specific terms of your policy.

Some policies provide cover for preventive maintenance to avoid potential breakdowns.

Yes, most machinery breakdown insurance policies provide cover for both new and existing machinery.

Older machines do sometimes face a limit to insurability.

Machinery breakdown insurance can also provide coverage for business interruption.

This means you are compensated for lost revenue due to machinery downtime. This minimises the financial impact of downtime.

This depends on the type of policy you underwrite.

Things that can be excluded:

  • damage due to wear and tear
  • cyber-attack damage
  • aesthetic damage (scratches/dents)

Yes, a fire insurance is necessary. This insurance protects your building, equipment, merchandise and other contents.
A machinery breakdown policy applies only to machinery.

Other solutions for optimal coverage

Take the uncertain as the sure thing and discover our insurance policies that perfectly match it.

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This insurance guarantees your income when your business activity stops or slows down due to unforeseen circumstances at your premises.
Corporate liability
Business liability insurance serves as a safety net to deal with financial consequences of damages to third parties. Compare options with Materné.
Fire insurance offers broad protection for both tenants and property owners. In case of fire, as well as water damage, storm and theft.

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