FDBeck is a trusted machinery breakdown insurance provider based in Melbourne, Australia. We offer customised machine insurance packages for businesses of all sizes.
Here, we understand the costs of equipment repair or replacement can place a significant financial strain on your business. We offer machinery breakdown insurance to protect machine-dependent businesses from financial loss caused by machinery damage or failure.
Here are the most common insurance policy features under machinery breakdown business insurance:
Insurance for equipment shoulder the costs incurred to repair/replace items. This may also include any electronic equipment.
With this policy, there is no need to worry about any cost incurred to make temporary repairs and expedite permanent repairs or replacement.
Deterioration of stock
As an optional extension this insurance can cover the costs incurred as a result of damaged stock following an instance of breakdown.
Business Interruption insurance
Again, as an optional extension you can get cover for profit loss caused by business interruption following an instance of breakdown.
Machinery insurance products provide cover for the professional fees associated with quantifying covered claims. Learn more
This business insurance covers the costs to hire temporary equipment to continue business operations.
If your business is dependent on machinery or equipment to operate, having machinery insurance is vital. This allows you to prepare for any unexpected financial damages. Your equipment insurance plan provides financial assistance in case of machine breakdown. In some cases, it may also cover profit loss due to service interruption.
Your equipment business insurance policy also covers the repair or replacement costs. At FDBeck Insurance Brokers, we can tailor the best package for your business needs in Australia
Every business that relies on machinery to run their business should prioritise getting insured.
There are excesses for claims and limits to this business insurance. For full product disclosure statement, contact our team.
There are several factors involved when calculating the amount for this insurance. This may include the total value of your assets, profits, value and type of stock etc. For an insurance quotes, reach out to us.