Most businesses are reliant on some form of equipment to run their operations whether it be computers & electronic equipment, air-conditioning & refrigeration or industrial type machinery.
What happens when a critical piece of equipment breaks down?
There is the immediate down time of the business operations to start.
No equipment can mean no income.
Add to this any loss of data, loss of temperature sensitive stock and loss of confidence from your customers.
Then there is the cost to investigate the breakdown, parts & repairs or potentially the total replacement of the failed equipment.
An Equipment Breakdown Insurance Policy in conjunction with any product warranties & maintenance agreements can help protect your business from a debilitating loss.
At Bayinsure we can assist with determining your exposure to a critical breakdown and can tailor an insurance program to provide you with peace of mind.
- Accidental damage or breakdown
- Equipment repair or replacement
- Loss of income
- Deterioration of stock
- Data restoration
Personal Advice, Exceptional Protection. That’s our promise.
To protect your business talk to us today about risk management and insurance solutions.
* The information in this article is general in nature and does not consider your personal situation or objectives nor does it take into account any specific insurance policy terms, conditions or exclusions. Speak with a Bayinsure Adviser for personal advice tailored to your specific needs and situation.
