Machinery Breakdown Protection
Provides protection against sudden and unforeseen physical loss or damage to insured machinery arising from covered mechanical or electrical breakdowns.
MBD
Protect Your Machinery. Minimise Downtime.
Comprehensive insurance that protects your machinery against sudden breakdown and accidental damage. It helps you minimise costly downtime and keep your operations running smoothly.
Sudden Breakdown Protection
Machinery Repair & Replacement
Protection for Critical Equipment
Business Interruption Protection Options
Flexible Machinery Specific Coverage
What Is MBD?
Understanding MBD
Machinery Breakdown (MBD) Insurance protects machinery against sudden, unforeseen damage from covered mechanical or electrical breakdowns, helping manage repair or replacement costs and, where selected, eligible loss of profit.
What Does It Cover?
- Sudden and unforeseen mechanical breakdown
- Electrical and machinery-related damage
- Damage to insured machinery and equipment
- Repair and replacement costs following covered breakdowns
- Protection for critical production equipment
Example:
If a critical production machine suffers a sudden mechanical or electrical breakdown, MBD Insurance can help cover the eligible repair or replacement costs. Where loss-of-profit cover is selected, it may also respond to eligible financial losses resulting from the interruption.
Coverage Components
Comprehensive Protection At Every Level
Mechanical Breakdown
Covers specified machinery against sudden mechanical failures, including certain internal damage, subject to policy wording and exclusions.
Electrical Breakdown
Provides protection for covered electrical or electronic damage affecting insured machinery, subject to the applicable policy terms and conditions.
Machinery Repair & Replacement
Helps meet eligible costs of repairing or replacing machinery after an insured breakdown, subject to the sum insured and policy conditions.
Machinery Loss of Profit (MLOP)
Where selected, MLOP covers eligible loss of profit and continuing expenses from an insured breakdown that interrupts operations.
Expediting Expenses
Where covered, extra expenses to expedite repairs or restore machinery after an insured breakdown may be considered, subject to limits.
Additional Extensions
Depending on the machinery, additional extensions may be considered for specific breakdown exposures, subject to underwriting and policy wording.
Advisory Support
Protect Yourself Before Risk Finds You
Breakdowns can halt production and create heavy repair costs. We structure MBD solutions around your machinery and downtime impact.
- 1.
Machinery Risk Assessment & Needs Analysis
We understand the type, age, value, usage, operating conditions, maintenance practices, and criticality of your machinery.
- 2.
Policy Design & Placement
Our specialists structure suitable sums insured, deductibles and optional loss-of-profit cover, and place the risk with insurers.
- 3.
Policy Documentation & Support
We coordinate policy documentation to ensure machinery details, values, locations and agreed coverage are accurately reflected.
- 4.
Dedicated Claims Advocacy
Our team supports claims from breakdown notification through documentation, survey coordination and assessment to resolution.
- 5.
Annual Policy Review & Renewal
Regular reviews ensure changes in machinery, values, production capacity and operations are reflected in the insurance programme.
Ready To Explore MBD?
Protect your critical machinery and keep your business prepared for unexpected breakdowns.
Frequently Asked Questions
Answers to Common Insurance Queries
MBD focuses on sudden and unforeseen physical loss or damage to insured machinery arising from insured mechanical, electrical or other breakdown-related causes, subject to policy terms.
Insured values should reflect appropriate reinstatement costs so that the equipment can be repaired or replaced without creating an avoidable valuation gap.
Equirus Raghnall reviews the machinery schedule, values, age, operating environment, maintenance profile and breakdown history to determine the appropriate structure.
The machinery exposure is mapped against Fire, IAR, EEI and other applicable covers to avoid gaps or inappropriate duplication in the overall programme.
