Financed Assets Protection
Financed Assets Protection
This type of insurance covers the damages and material losses suffered due to the insured machinery, as a result of an accidental cause, sudden and unforeseen, provided that the aforementioned machinery has been financed by means of leasing or loan.
It is aimed at those companies, shops, freelancers , professionals and business people that carry out a commercial, industrial, professional or service business activity, and that have financed the purchase of a machine by means of leasing or loan, that requires insurance.
Services and advantages
- Advising on any question related to the prevention of claims
- Maintenance of the validity and effectiveness of the contracts
- Accident management that is fast and efficient
- Possibility of financing the insurance premium together with the financing of the acquired machinery
- Complete cover of breakdown of machinery at very competitive prices
- Possibility of insuring public works machinery
- Without application of Proportional Rule in the event of claim
- Coverage for partial repairs
Options and coverage
There are two types of contract to choose from: basic range and with breakdowns.
| Basic | With Breakdowns | |
|---|---|---|
| Fire, explosion, lightning, smoke, soot and corrosive fumes | ||
| Theft and robbery | ||
| Acts of vandalism or harmful intent | ||
| Gale, hailstorm, frost, thaw, actions of water and humidity | ||
| Catastrophic Risks Cover (C.R.C.) | ||
| Lack of skill, negligence and acts of harmful intent due to the staff of the Policyholder or strangers | ||
| The direct action of electrical energy as a consequence of short circuits, electric arcs, power surges and other similar effects | ||
| Design, calculation or assembly mistakes, foundry, material, construction, labour defects, and use of defective materials | ||
| Lack of water in boilers and other devices producing steam | ||
| Centrifugal force, only loss or damage suffered due to breakdown in the machine itself | ||
| Fall, impact or collision, as well as blockage or entry of foreign bodies | ||
| Lubrication defects, loosening of pieces, abnormal efforts and overheating | ||
| Breakdown of regulation devices |
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