• Machinery Breakdown (MBD) Insurance

    • Protects from loss of profits from machinery breakdown
    • For all plants, machinery and mechanical equipment
    • A wide range of loss or damage causes covered


Product Overview

For businesses with large scale operations, any sudden damages in the machinery can have big consequences. These can result in a sudden stop in the ongoing processes, and thereby result in a gap in revenue.

Our Machinery Breakdown (MBD) insurance policy can help protect you against such situations. The policy is designed for plant, machinery and mechanical equipment at work, at rest or during maintenance operations.

As the business owner, you are covered against any unforeseen and sudden physical loss of or damage to the insured items, necessitating their repair or replacement.

MBD insurance usually supplements the coverage afforded by fire insurance.

Scope of Cover

Note: The sum insured should be equal to the cost of replacement of the insured machinery by new machinery of the same kind at the same place (value of the new item plus customs duties plus transportation and installation charges).

How to Get Insured

  • Apply by Phone

    Call us at 800 SUKOON (785666) for more information and to enrol over the phone.

  • Apply by Email

    Drop us an email with all your details and we'll get back to you soon.
  • Apply in Person

    Walk into one of our branches to get information, apply, and enrol in person.
Request a call back from one of our insurance experts.

Product Resources

  • No, any loss or damage to items that are immediately affected by the above are not covered. However, your insurance can be extended to cover any loss or damage to the correctly executed items resulting from an accident that happened because of faulty design, defective material or workmanship.
  • Yes, the insurance is valid on any airline as long as the passenger is assigned a proper seat.
  • No, it's not. It totally depends on you. But we would say that it is advisable.
  • So, this is how it goes. You will need to estimate the maximum value of the stock that you may be holding at a particular point of time during the policy. This will be considered as the sum insured and the premium rate is charged based on this amount. 

    At the beginning of each month, you will need to declare the highest value of the stock that you were holding during the previous month. The same will be considered as the declaration for that month. At the end of the policy period, the premium is adjusted based on the average monthly declarations provided by the insured.
  • To be honest, we don't usually insure plastic factories. However, you can reach out to us and we can come to a decision based on your case.

See more FAQs

What our customers think

  • Excellent support, and very quick service. I was shocked I got my insurance within two hours on a Saturday while at the seat of my office.


  • Easy and friendly customer service. Truly, I was very frustrated with a couple of insurance companies including my existing one before switching to Sukoon.


  • Your response to my quote was very fast and it was processed quickly too. Plus, your prices are the most fair in the market.


  • Love the improved services and the new quality garages that have been added just recently to improve further. Well done Sukoon!


  • You're accomodating our needs fast, and because of that, we don't need to wait long time for your approval, especially during an emergency. Thank you.


  • The claim reimbursement is quick and fast. The claim amount is auto-transferred to bank account and the claim summary is received with details.


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