This provides for coverage in respect of loss of or damage to Insured Machinery from contingencies other than those specifically excluded under the Exceptions stipulated in the policy.

• Mechanical or electrical failure which means damage resulting form defective material, design, construction or erection, vibration, maladjustment, misalignment, loosening of parts, stress, fatigue, centrifugal force, water hammer, self heating, defective or inadequate lubrication, excessive electrical current or voltage, failure of insulation, short circuits, open circuits or arcing and overheating of the machinery. All resultant impact or collision damage to surrounding Insured Machinery are not excluded.
• Damage due to testing involving imposition of abnormal conditions, intentional overloading or experiment.
• Faults or defects known to the Insured or his responsible employees but not disclosed to Insurers at the time of defecting insurance.
• Damage due to any process of heat treatment, welding, grinding, cutting, drilling, shaping or application of tools to the Machinery other than for purpose of lifting or moving it.
• Loss or damage caused by third party supplier or contractor or repairer.
• Theft or conversion by the hirer of the Machinery.
• Loss or damage to foundation, masonry, operating materials such as fuel, chemicals, filter substances, heat transfer media, cleansing agent, lubricants, oil, catalysts, materials in course of process, tyres by application of brakes or by punctures, cuts or bursts, parts which are subject to wear and tear through usage. All of which excluded unless caused by specific perils named in the policy.
• Repair or replacement necessitated by normal wear, corrosion or other progressive or continuous influence of working or atmospheric or chemical action but not excluding other resultant damage.
• Consequential loss, liquidated damages or penalties or delay or detention or in connection with guarantees of performance or efficiency.
• Caused by act of persons in disturbance of public peace including wilful act of strikers or lock-out workers.
• Ownership or possession of or use under the control of the Insured or any person acting on behalf of the Insured vessel, craft or thing intended for flying or travel on water etc, power driven vehicles licensed for road use other than any mobile crane and other equipment which is not more specifically insured.
• Loss of or damage or non-recovery of drilling accessories below ground.
• War and kindred risks, civil war, mutiny, civil commotion assuming the proportion of or amounting to popular rising, military rising, insurrection, rebellion, revolution, conspiracy, military or usurped power, martial law etc and acts of terrorism.
• Permanent or temporary dispossession resulting from confiscation, nationalisation, commandeering or requisition by any lawful constituted authority or permanent or temporary dispossession of any building resulting from unlawful occupation of such building by any person.
• Ionizing radiations or contamination by radioactivity from nuclear fuel or nuclear waste from the combustion of nuclear fuel.
• Nuclear weapons material.

Note: This information is for briefing purpose only. Full detail and conditions of policy cover are contained in VIA's official policy wording.