Machinery Breakdown Takaful offers protection against sudden and unforeseen physical loss or damage to machinery, which has been erected and is operational or at rest.
This Takaful is also covered loss of profits for an entire plant and machinery in operation including other property like buildings, stock; goods in process etc are covered.
This is a PMD which covers financial loss incurred by the participant due to loss or damage to machinery as a result of sudden accidental electrical and/or mechanical breakdown due to internal defects and/or external sources.
(Type, output, capacity, speed, load, weight, voltage, amperage, cycles, fuel, pressure, temperature, etc). Year of manufacture and Machine Operators).