Insurance For Machinery - Machinery Breakdown Insurance (MBD) Insurance Policy

                                MBD (Machinery Breakdown Insurance) this insurance policy cover Given to Electrical and Mechanical Machinery /Equipment. Damage of any Machinery in the plant, workshop or factory can Make Finacial trouble to Company. In such Conditions you need protection. To protect your company from unwanted expenses Companys can purchases Machinery Breakdown Insurance. Insurance For Machinery.

                   It covers the cost of the Damaged part of machinery or to repair the part of machinery installed in Plant, Workshop, Factory or replace it .eg Generator, transformers under certain condition of Insurance on Machinery.


Scope of Cover in Machinery Breakdown Insurance Policy (Insurance for machines) - 

  1. Damage to machinery, plants, and equipment,  while work/rest.
  2. Damage due to faulty Material 
  3. Bursting or disruption of turbine, compressor or cylinders.  
  4. failure of lubrication.
  5. electrical short-circuiting            
  6. The error of judgement or error in operation.
  7. Structural defects, defects of assembly.
  8. Falling, impact, collision or similar occurrence etc.

Add-on Covers Insurance on Machinery -

  1. Damage to the foundation of machinery.
  2. Airfreight only.
  3. Escalation.
  4. Damage to own surrounding property. etc.

Insurance on Machinery-  MBD Insurance Policy FAQ-

1. What is covered under machinery breakdown insurance?
    This Insurance For Machinery Covers Physical Damage and Accidental Damage to the Machinery. 

2. What is machinery insurance in India?
     MBD (Machinery Breakdown Insurance) This Insurance for machines policy  For Machinery Covers Physical  Damage and Accidental Damage to the Machinery of your Factory.

3. What is Machinery Breakdown Insurance (MBD) Insurance Policy?
      MBD (Machinery Breakdown Insurance) this insurance policy cover Given to Electrical and Mechanical Machinery /Equipment. Damage of any Machinery in the plant, workshop or factory

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