Tuesday 18 February 2014

Safeguard your equipments with machinery breakdown policy

In spite of taking all the safety measures accidents are inevitable. If we talk about construction sites then these are at highest risks. On-site construction sites are very prone to accidents. For construction industry policies and insurance play a very major role in safeguarding the assets.

Let us find out the benefits of various insurance policies and their importance. A common misconception that prevails in the minds of the people that property policies include insurance of the equipments also. This is not so. Heavy machinery and various equipments are required at the site. There is no doubt that these are extremely expensive and lot of maintenance is required.


Equipments and different types of machines are integral part of various industrial and manufacturing units. If you are an owner of any machine or given at lease then it is very important that you have a insurance of it. Any unforeseen misshaping can be covered and you get complete financial assistance. Any natural calamity, fire , theft  or third party damages are also ensured in this policy.

Metcon Finance a complete financial solutions provider provides best machinery breakdown insurance in India. The policy can be availed by owners and lessee both.

Lot of  things are covered under  machinery breakdown policy like coverage of any sort of accidental damage to the machinery whether it is on site or just off site. Any repairment needed or physical damage to the body parts or material is also provided under this policy. Earlier equipment breakdown was known as Boiler and Machinery coverage.

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