Even short interruptions to technical facilities, machinery and information technology equipment can result in huge financial losses. Engineering insurance from AXA assumes the costs of repairs, pays the business losses, and bears the additional costs for loss minimization.
The desired scope of your engineering insurance is geared to your needs on a point-by-point basis. Thanks to an adjustable deductible you can control the cost of your premiums. Expansion of your coverage is possible at any time.
The danger of damage to facilities and machinery is never greater than during assembly. Assembly insurance assumes the risks from unloading to successful test operation. With additional modules, the basic insurance can be optimally tailored to the requirements of your assembly plan.
It is recommended, as classical property insurance protects you against fire, events caused by natural forces, water and theft. However, most of the damage to technical facilities and machinery is due to other causes, e.g. faulty operation or short circuit. Alongside the repair of the facilities, data recovery or measures to maintain business operations often result in high costs. With engineering insurance you are protected against these risks.
No, accidental damage coverage as part of engineering insurance only covers unexpected and sudden damage or destruction due to violent external forces (collision, overturning). On the other hand, machinery coverage as part of engineering insurance offers you comprehensive protection against all damage due to external forces and internal causes such as incorrect operation, damage from the effects of electricity, construction, material and manufacturing errors.
The guarantee relates to the functional capability of the machine. Operating errors that lead to machine failure and the resulting loss of assets are only covered by engineering insurance.
Assembly insurance covers your facility (assembly object) and protects you against the consequences of damage. Protection begins from the time of unloading at the assembly site and ends when the facility has been assembled, is ready to come on stream, and test operations have been completed. Protect yourself from this time with engineering insurance.