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Simple, Secure Cover For Your Investment.

Protect your business against unforeseen, costly breakdowns with Mechanical and Electrical Breakdown Protection from Finance For Industry Services Limited. Underwritten by a major multinational insurer, it provides full security and peace of mind.

Mechanical & Electrical Breakdown

Following expiry of the manufacturers or suppliers initial warranty period, cover is provided for the full repair cost (including parts and labour) resulting from a mechanical, electrical or electronic breakdown.

Accidental & Malicious Damage

From the time the equipment is commissioned at your premises, insurance is provided against accidental damage to the equipment. This includes damage caused as a result of operator error.

Repair or Replacement & Expediting Costs

Cover is provided against either the restoration of the equipment to normal working condition or, in the event of total loss, the cost of replacement as new.

Expediting costs of £1,000 or 50% of the claim, whichever is the lower.

Transfer of Cover

Subject to prior agreement of the insurer the insurance cover may be transferred to the new owners of the equipment.

Cost

Unlike the majority of insurances, the cost of your cover may be fixed, and is available for a period of up to five years, if you make monthly premium payments cover will operate on a rolling monthly basis.

Increased Working Costs

The insurance will make a contribution to provable additional working costs you incur to maintain production should it take more than five normal working days to return you equipment to full working order.

Excess

All claims are subject to a nominal excess.


Insurance business is transacted through Finance For Industry Services Limited (company Reg. No. 5519277) which is an appointed representative of Eaga Insurance Services Limited authorised and regulated by the Financial Services Authority. Eaga Insurance Services Ltd's FSA Registration number is 310297. Full details are available on request to Finance For Industry Services Ltd including a full copy of the insurance certificate incorporating all of the insurance terms conditions and exclusions.
 
 

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Finance for Industry Limited, 3 Abbotts Business Park, Primrose Hill, Kings Langley, Herts, WD4 8FR (company Reg. No. 5519277)