For business
When the machine fails on its own
Internal mechanical or electrical failure, short circuits, overload, operator error — the things a property policy does not cover.
Frequently asked questions
How is this different from property cover?+
A property policy covers external causes — fire, water, theft, natural events. This one applies when the machine fails from the inside. Georgian insurers often sell the two as sections of one policy, so it is worth sending a request for both.
Why do you ask about age and workload?+
Because those are what decide how often a machine fails. A 15-year-old lathe on three shifts and the same lathe running twice a week are entirely different risks.
Are boilers and pressure vessels covered?+
Often yes, but they sit on a separate rate and require statutory inspection. That is why we ask about them separately — it routes your request to the insurers that genuinely write that risk.
Can I buy it on its own, or only with property cover?+
Both are possible. Some Georgian insurers offer it as a section of the property policy, others stand-alone. Once you send a request you will see who offers what.