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Equipment Breakdown Contingency Plans - Zurich Services

RiskTopics Equipment Breakdown Contingency Plans November 2017. A formal Contingency Plan is a documented procedure or process that prepares a facility to respond appropriately to an unplanned event including the recovery from that event. Its purpose is to minimize business losses caused by unplanned Equipment or service outages. This plan will normally specify how a facility will respond to conditions causing the outage and acts as a guide to recovery for the facility's management team. A well-written Equipment Breakdown Contingency plan will provide a planned response to recover from events that result in a forced outage which impacts production and facility Equipment . This Zurich Insurance risk topic provides clear guidelines for preparing an Equipment Breakdown Contingency plan that can be applied to most types of operations and a template that can be used to assist in the document preparation.

A formal Contingency Plan is a documented procedure or process that prepares a facility to respond appropriately to an unplanned event including the recovery from that event. Its purpose is to minimize business losses caused by unplanned equipment or service outages. This plan will normally specify how a facility will respond to conditions

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