About This Policy
MBD Insurance safeguards machinery from unexpected operational failures and helps industries avoid high repair costs. It ensures minimal production downtime.
What's Covered
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.
Key Features
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Key Features
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Ideal for running industrial units, Covers mechanical/electrical breakdowns, Burglary and fire must be insured separately or as add-ons, Can be extended to include loss of profits (MLOP), Terrorism cover is optional
Who Should Buy?
Manufacturing industries, factories, processing units, Pharma, textiles, food processing, chemical plants, Any business relying on automated or industrial machinery