Machinery Breakdown Insurance MBI insurance policy protects policy holders from financial losses

Machinery Breakdown Insurance (MBI) is an insurance policy that protects policy holders from financial losses due to machine damage. Machines can be anything from small pieces of equipment to large, complex machines. MBI can help cover the costs of repairing or replacing a machine, as well as lost income due to machine damage. There are two main types of MBI: 1. Boiler and Engine Damage Insurance (BBM): This type of insurance covers damage to boilers, engines and other pressure equipment. 2. Electronic Machinery Damage Insurance (EEI): This type of insurance covers damage to electronic equipment, such as computers, medical equipment, and telecommunications equipment. 3. MBI can be purchased by businesses of all sizes, as well as individuals. This is an important policy for any business that relies on machines to operate. Machinery Breakdown Insurance (MBI) is a type of property insurance that protects your business from financial loss due to damage to machinery or equipment. MBI can he