LASACO Machinery Breakdown Insurance

Pays for loss or damage to machinery, plants and equipment due to sudden accidental damage

Features of Machinery Breakdown Insurance Policy

Electrical Damage

Provides indemnity for loss or damage resulting from Short circuiting, excess voltage & electrical arcing, faulty design, faulty material and faulty casting.

Technical Faults

Provides indemnity for loss or damage resulting from carelessness and lack of skill in the operation and maintenance of machinery, vibration, maladjustment

Mechanical Damage

Defective lubrication, loosening of parts, Abnormal stress, fatigue, self heating and misalignment

A suite of amazing policy benefits tailored to your specific needs

Ensure Business Continuity


Our householder insurance ensures the continuity of your business/home in case of damage to properties caused by fire.

Promotes Confidence


Our householder insurance helps you reduce the burden of risk and uncertainties faced every day, giving you the confidence you need.

Ensures Financial Protection


Relieves you of the financial burdens that come with lawsuits, compensations, and replacement to personal or 3rd party assets and/or properties.

Positive Claims Experience


We assure you a speedy turnaround time for claims and as stress-free possible



Plot 16 Acme Road Ogba,

P.O. Box 3724

Ikeja, Lagos, Nigeria.



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Authorised and Regulated by the
National Insurance Commission (RIC 023)

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