Heavy machinery insurance
Heavy machinery insurance covers damages to insured machinery caused by a sudden and unforeseen external event.
The insurance includes protection against natural disasters from the Natural catastrophe insurance of Iceland.
Heavy machinery insurance covers damages to insured machinery caused by a sudden and unforeseen external event.
The insurance includes protection against natural disasters from the Natural catastrophe insurance of Iceland.
The insurance covers
-
Damage to the machinery itself due to a sudden and unforeseen external event.
The insurance does not cover
-
Damage caused by sudden temperature and/or humidity changes.
-
Damage from wear, defects in construction or design, incorrect assembly, breakage, or other malfunction in or on the machine.
-
Damage to paint or scratches on the machine's body or coverings considered normal wear and tear from use.
-
Damage to electrical wiring, meters, or batteries due to short circuits not causing a fire. The of individual parts of the machine.
-
Breakage or damage solely to lighting fixtures.
-
Damage to electrical wiring, meters, or batteries due to short circuits that do not cause fire.
-
Theft of individual parts of the machinery.
Insurance from the Icelandic Natural Catastrophe Insurance is also included. This insurance covers damage caused by volcanic eruptions, earthquakes, landslides, avalanches, and floods.
Please note that the information about the insurance is not exhaustive. More detailed information can be found in the insurance terms.
In case of a discrepancy between this information and the insurance terms, the insurance terms apply.
Insurance terms and other information
The insurance terms is your contract with VÍS. It is important to thoroughly read the terms and understand what is covered and what is not, before purchasing the insurance.
We point out that the information document contains a brief summary of the main aspects of the insurance. Further information about the insurance can be found in the insurance terms.
Insurance terms and information document