Machinary Loss Of Profit

MLOP cover is issued in conjunction with Machinery Breakdown Cover.(MBD)

In the event of any interruption to your business – total or partial, as a result of damage to your machineries due to sudden internal causes like Mechanical / electrical breakdown or explosion/ implosion in boilers etc., this cover enables you to recover:

  • Loss of Gross Profit due to a reduction in turnover.
  • Increased Cost of Working incurred in minimizing that loss of Gross Profit.


Sum Insured :

Gross Profit  either Turnover basis or Output basis (However, by opting for the Alternative Basis clause the above terms may be substituted, if required.)



14 Days Standard Gross Profit.


Period of Indemnity:

Indemnity period is the maximum for which insurer is liable to compensate for loss of gross profit.

This can be determined by insured considering worst scenario & time required to resume pre loss production.

This can be selected from 1 month to 12 months.