We have developed the machine failure insurance for the sector of large business entities which have company property insurance with Allianz or want to conclude an independent machine failure insurance with the sum insured above PLN 1 million. This condition does not apply to wind farms and hydroelectric power plants, which we accept for insurance regardless of the sum.

The insurance is addressed primarily at manufacturing and service companies which have machinery resources and keep full or simplified accounting books.

The information necessary to conclude an insurance contract is determined at the risk analysis stage by the underwriter.

In order to conclude an insurance contract, we need, among others, the following details:

• list of machines and equipment to be insured together with age and insurance sum determined according to replacement value,
• description of the method of management of the machinery resources, including: the technical condition of the machines, the adopted concept of maintenance and ways of maintaining the machines,
• damage history for at least the last 3 years.

Today, most machines contain electronic components that control or monitor the device. Therefore, it is often difficult to determine which type of insurance should be used. It is generally accepted that machine insurance should be applied to machines and equipment where mechanical components predominate.

It is possible to insure electronic equipment under the terms of machine insurance and it will not result in a lack of protection. However, from an insurance point of view, items containing mainly electronic components should be insured as electronic equipment.Nie. Takie zdarzenia są wyłączone z ochrony ubezpieczeniowej.