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Technical insurance

PROTECTS YOUR MACHINERY AND EQUIPMENT IN THE EVENT OF OUTAGES

The till is jammed, the filling plant is stuck, the generator has broken down – equipment failures are a big headache and quickly lead to lost sales. Generali’s machinery insurance protects your technical equipment and pays for damage-related repairs and the purchase of replacement equipment. That means you don’t have to worry about what a technical outage might mean for your finances.

Technical insurance cover from Generali

 

Stay safe when technology fails

With Generali’s technical insurance you protect yourself against financial losses in the event that your plant or equipment breaks down. This popular form of insurance makes an ideal supplement to your business inventory and third-party liability insurance – without the risk of duplicate insurance. It is easy to include individual add-ons to suit your needs with Generali.

 

 

What is insured?

Machinery insurance protects your equipment against the consequences of loss or damage. Your entire operating facilities and technical equipment are insured – whether they are located on site or on the road.

  • IT and communication technology
  • Electronic equipment, e.g. drinks dispensers, cash registers, telephone systems, packaging equipment, x-ray equipment, etc.
  • Permanently installed machinery, e.g. hydraulic presses, lifts, boilers, dough-kneading machinery, satellite dishes, etc.
  • Mobile machinery, e.g. hoists, welding machinery, overhead cranes, crushers, generators, etc.
  • Machinery or items in circulation, e.g. self-propelled cranes, hydraulic diggers, compacting rams, equipment, scaffolding, etc.

 

Insured risks

  • Sudden and unforeseen damage, destruction or loss due to external factors, such as falling over, collision, collapse, overturning, vandalism, etc.
  • Damage due to internal causes, such as incorrect operation, short circuit or introduction of a foreign body into the equipment

 

Insurance benefits

  • Repair costs for the insured damage
  • The replacement value of a destroyed item
  • The cost of removing destroyed items
  • Lost earnings when business is interrupted due to damage to equipment or machinery

 

 

What add-ons are available?

  • Replacement value cover
  • Current value supplement
  • Data carriers and additional costs
  • etc.

How you benefit

  • A simple solution with comprehensive protection
  • The ideal insurance cover for all your plant and technical equipment

How technical insurance works

 

Practical example

Alex Hunger owns his own bakery. His apprentice operated the kneading machine incorrectly, which is now not working at all. As a result,

  • All the dough has to be kneaded by hand. This means much more work and much less dough
  • The whole production process is delayed, and Alex’s bakery sells significantly fewer baked goods

 

Alex Hunger isn’t too worried, however, as he knows that his insurance will pay out for:

  • The cost of repairing or replacing the kneading machine
  • The cost of uninstalling and transporting the kneading machine
  • The loss of earnings resulting from the significant reduction in production

FREQUENTLY ASKED QUESTIONS

The insurance is valid from the date specified in the policy. The insurance cover for the insured equipment applies to the installed insured items at the locations listed in the policy, and to items in circulation in Switzerland. If desired, it is possible to insure items in circulation worldwide. Just ask us. We will be happy to advise you.

The premium depends on the insured risks (type of machinery), the scope of cover selected and the sum insured.

Additional options

Protects your business against legal and financial risks.

Protects your vehicles in the event of glass breakage, theft and collision.

Protects your business and your employees against claims for damages from third parties.

Protects your company’s inventory in the event of damage.

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