What is Machine Breakdown Insurance?

Machine Breakdown Insurance is a specialized engineering insurance policy that provides comprehensive protection for industrial machinery and equipment against sudden and unforeseen mechanical or electrical breakdown that could result in significant financial losses and business interruption.

This essential insurance policy covers the cost of repair or replacement of machinery, loss of production, and additional expenses incurred due to equipment breakdown. It protects against mechanical failure, electrical breakdown, and other technical failures that could impact business operations and productivity.

Whether you operate manufacturing facilities, processing plants, or any business dependent on machinery, Elevate Insurance offers comprehensive Machine Breakdown insurance policies with competitive premiums and expert support to protect your equipment investments and ensure business continuity.

Machine Breakdown Coverage

Comprehensive protection for industrial machinery against breakdown and equipment failure.

  • Mechanical breakdown coverage
  • Electrical failure protection
  • Equipment repair coverage
  • Replacement cost protection
  • Loss of production coverage
  • Additional expenses protection
  • Business interruption coverage

Add-ons

  • Boiler and Pressure Vessel
  • Electronic Equipment
  • Computer Equipment
  • Refrigeration Plant
  • Air Conditioning
  • Lifting Equipment
  • Conveyor Systems

Benefits

  • Equipment protection
  • Financial security
  • Expert support
  • Peace of mind
  • Comprehensive coverage
  • Quick claim settlement
  • Competitive premiums

Benefits of Machine Breakdown Insurance

Equipment Protection

Comprehensive protection for industrial machinery against mechanical and electrical breakdown.

Financial Security

Protection against financial losses resulting from equipment breakdown and repair costs.

Production Continuity

Ensures production continuity and minimizes business interruption from equipment failures.

Expert Support

Access to experienced machinery insurance professionals and equipment maintenance experts.

Business Continuity

Ensures business continuity and operational efficiency with comprehensive equipment protection and quick claim resolution.

Why You Need Machine Breakdown Insurance?

Machine Breakdown Insurance is essential for any business that relies on industrial machinery. Here's why having comprehensive MBD insurance is crucial:

Equipment Protection

Protects your valuable industrial machinery against mechanical and electrical breakdown and equipment failure.

Financial Security

Ensures financial stability and business continuity even during equipment breakdown and repair periods.

Peace of Mind

Allows you to focus on production quality knowing you have comprehensive protection against equipment breakdown.

Machine Breakdown Insurance Coverage Includes

Mechanical Breakdown

Protection against mechanical failure, component breakdown, and mechanical system failures.

Electrical Failure

Coverage for electrical breakdown, power surge damage, and electrical system failures.

Equipment Repair

Coverage for repair costs, replacement parts, and maintenance expenses for broken equipment.

Replacement Cost

Protection for replacement costs when equipment cannot be repaired and needs replacement.

Loss of Production

Coverage for loss of production and revenue during equipment breakdown and repair periods.

Additional Expenses

Coverage for additional expenses incurred to minimize production loss and maintain operations.

Machine Breakdown Insurance Add-ons

Boiler and Pressure Vessel

Specialized coverage for boilers, pressure vessels, and steam equipment breakdown.

Electronic Equipment

Coverage for electronic equipment, control systems, and automation machinery breakdown.

Computer Equipment

Protection for computer systems, servers, and IT equipment breakdown and failure.

Refrigeration Plant

Coverage for refrigeration systems, cooling equipment, and temperature control machinery.

Air Conditioning

Protection for air conditioning systems, HVAC equipment, and climate control machinery.

Lifting Equipment

Coverage for cranes, hoists, elevators, and other lifting equipment breakdown.

Conveyor Systems

Protection for conveyor belts, material handling systems, and transport equipment breakdown.

Extended Coverage

Additional coverage for specialized equipment and custom machinery breakdown protection.

How to Buy Machine Breakdown Insurance Online?

The process of buying Machine Breakdown Insurance online is simple and convenient. Here's how you can get comprehensive equipment protection with us.

01

Share Machinery Details

Provide information about your industrial machinery, equipment, and operations to get accurate quotes.

02

Compare MBD Plans

Review different Machine Breakdown Insurance plans and choose the one that best fits your equipment needs.

03

Complete Purchase

Make secure online payment and receive your MBD insurance policy instantly via email.