Type: Corporate Insurance | Category: Engineering Insurance
Learn more about the Machinery Breakdown (MBD) Insurance policy.
This policy provides coverage for sudden and unforeseen physical damage to fixed machinery and plant during operations in industrial premises.
MBD Insurance safeguards machinery from unexpected operational failures and helps industries avoid high repair costs. It ensures minimal production downtime.
The policy covers sudden and accidental breakdowns due to mechanical failure, short-circuiting, faulty operations, or internal damage. It covers repair or replacement costs of machinery used in manufacturing. Optional covers include terrorism damage and loss of profits due to machinery downtime.
Manufacturing industries, factories, processing units, Pharma, textiles, food processing, chemical plants, Any business relying on automated or industrial machinery
Request a free consultation for the Machinery Breakdown (MBD) Insurance policy.
