Request a Quote

Let Palandri Insurances look after all your insurance needs!

Machinery & Plant Including Breakdown Insurance – Engineering

If the income and longevity/continuity of your business is reliant on machinery and equipment, a damaged part or breakdown could affect your capacity to keep your business running. With machines becoming more integral to the operations of many businesses, a machinery breakdown could have a damaging impact to your bottom line.

A Machinery Breakdown Insurance policy can protect you from financial loss when things don’t go to plan.

Machinery Breakdown insurance can assist your business in a number of ways:

  • Repair costs covering the breakdown of machinery
  • Consequential losses as a result of the breakdown – e.g. replacement for loss and spoilage of stock, or loss of profits which could occur while waiting for the parts to repair your machinery.
  • We can arrange cover specifically for the machinery integral to your business. We strive to provide you with a solution that gives you peace of mind and greater confidence when making decisions that affects the future of your business.


Equipment Breakdown – The costs incurred to repair/replace items following an instance of breakdown.

  • Interruption Insurance – Cover provided for loss of profits etc. as a result of a breakdown.
  • Deterioration of Stock – Costs incurred as a result of spoilt stock following an instance of breakdown.
  • Temporary Hire Costs – The costs to hire temporary equipment to keep the business operational.
  • Professional Fees – The professional fees associated with proving or quantifying a loss.
  • Expediting Expenses – Any costs reasonably incurred to make temporary repairs, expedite permanent repairs or replacement.

Product Disclosure Statement
A Product Disclosure Statement (PDS) is available for Machinery Breakdown insurance and can be obtained from Palandri Insurances.
You should consider the PDS in deciding whether to acquire, or continue to hold, Machinery Breakdown insurance.

Speak to Palandri Insurances
Calculating the amount of cover you’ll need can be complex, so it’s important to seek advice to help you get it right.

Steadfast insurance brokers are part of the largest general insurance broker network in Australasia, with specialists who can help you with your home and contents insurance needs.


Health Insurance Information

Find out how to gain access to great value health cover including a corporate discount.