Equipment Breakdown Insurance
Covers you for damage occurring to refrigeration machinery at your place of business.
- Breakdown while working or at rest
- Express freight costs
- Labour overtime costs
- Refrigerant gas
- Alterations, improvements or maintenance
- Lost profits or other kinds of consequential loss
- Defects you're aware of
- The contents of your refrigeration units
- Some parts or types of parts of your machinery
- Wear and tear
These lists highlight some of the inclusions and exclusions in this policy. For full details of all inclusions and exclusions, see the policy document.
When the display cooler in Gavin's shop broke down, he found himself suddenly unable to sell drinks and dairy. His Equipment Breakdown Insurance covered the cost of ordering critical replacement parts via express freight, plus overtime wages for the refrigerator repair employee who installed them.
Tipene discovered that his commercial freezer had stopped working, forcing him to suspend his whole operation until it could be repaired. Having Equipment Breakdown Insurance helped him get back to business in the shortest time possible.
Justin's refrigerated cabinet started fluctuating in temperature, making it unsafe to sell pre-made food and drinks. It turned out that it would be cheaper to replace it than repair it; thanks to Justin's Equipment Breakdown policy, he was able to get a new cabinet via express freight and get back into full operation quickly.
These fictional scenarios were created to illustrate the benefits of Equipment Breakdown Insurance. All claims are subject to the terms and conditions in the policy document.