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Machinery Breakdown Insurance

This policy provides insurance coverage to Machines (Generators, Boilers, Transformers, Deep Freezes, any heavy machineries etc.) against risks like Electrical Defaults (Over running, Voltage Fluctuation, Short Circuiting, etc.), Handling Damage, Faulty Operation, Tearing apart etc. This policy can only be allied with fire insurance.

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FAQs

• What will be the rate or compensation amount which we will receive from insurance company if accident accrued?
• What should we do after accident accrued?
• What are the steps in insurance underwriting process?
• Does the company automatically renew Policies?
• What does underwriting Mean?

Customer Education

• Review your insurance coverage and premium payments regularly to feel safer; before disaster/accident occurs.
• Remember the renewal dates of your Insurance policy so that it can be renewed on time thereby maintaining the continuity of Insurance.
• Any fraudulent information/ misrepresentation/ non-disclosure of material information of any sort in the proposal form may render the contract null and void.
• In an event of loss, please notify Policy issuing office immediately.

CONTACT

• Everest Insurance Company Ltd.
  Hattisar, Kathmandu, Nepal
  P. O. Box 10675
• Tel : 01-4444717, 4444718, 4445088
• Fax : 977-1-4444366
• [email protected]