MBD Insurance Policy ( Machinery Breakdown)

Machinery is the backbone of any industrial operation. A sudden breakdown can halt production, lead to financial losses, and disrupt business operations. At Arshyan Insurance, our Machinery Breakdown (MBD) Insurance Policy is specifically designed to protect your machinery from unexpected breakdowns, ensuring that your business continues to run smoothly.

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Coverage Highlights:

  • Breakdown Coverage: Comprehensive coverage for sudden and unforeseen physical damage to machinery due to mechanical or electrical breakdowns.
  • Repair and Replacement Costs: Covers the costs of repairing or replacing damaged machinery parts to get your operations back on track.
  • Accidental Damage: Protection against accidental damage caused during operation or maintenance of machinery.
  • Loss Due to Breakdown: Coverage for financial losses incurred due to a breakdown, minimizing the impact on your business.

 

What’s Covered:

  • Mechanical Failure: Damage caused by mechanical failure, including internal issues like broken parts, seized motors, or damaged bearings.
  • Electrical Malfunctions: Coverage for damages due to electrical failures, including short circuits, overheating, or voltage fluctuations.
  • Pressure Plant Breakdown: Protection for high-pressure equipment, ensuring coverage for any operational failure in boilers or pressure vessels.
  • Human Error: Damage resulting from operator mistakes during the handling or operation of machinery.

Policy Benefits:

  • Customizable Coverage: Tailor the policy based on the specific machinery used in your business, ensuring complete protection.
  • Minimize Downtime: With quick claims settlements and repair coverage, you can reduce downtime and resume operations faster.
  • Affordable Premiums: Competitive premiums that offer extensive coverage without putting a strain on your finances.
  • Optional Add-ons: Enhance your policy with optional add-ons such as loss of profit due to machinery downtime or extended warranties.

Why Choose Arshyan Insurance?

  • Expert Support: Our technical team provides expert assistance in selecting the right coverage for your machinery and ensures hassle-free claims processing.
  • All-Risk Coverage: Protect your equipment from all types of risks, including mechanical, electrical, and human error.
  • Business Continuity: Ensure your business remains operational even after an unexpected machinery breakdown, reducing financial losses.
  • Prompt Claims Settlement: We understand the urgency of getting your machinery repaired or replaced quickly and strive to settle claims without delay.

Additional Features:

  • Preventive Maintenance Cover: Optional coverage for preventive maintenance costs to ensure that your machinery runs efficiently and breakdowns are minimized.
  • Coverage for Expensive Equipment: Specialized coverage for high-value machinery used in industries like manufacturing, energy, construction, and more.
  • Liability Protection: Optionally cover liabilities arising from machinery breakdowns that affect third-party operations.

Keep Your Business Running Smoothly

Arshyan Insurance’s MBD Insurance Policy ensures that your business machinery is protected from breakdowns, reducing downtime and financial losses. Get complete peace of mind with our comprehensive coverage and quick claim settlements.