Damage & Breakdown Cover

Premier Business Finance can arrange Mach 3-5-7 Machinery Damage & Breakdown Cover to protect your valuable investment.  This will provide you with protection against breakdown and accidental damage in order that you avoid those large repair bills which can be expensive and cost several thousands of pounds.  So why not give yourself the peace of mind and contact us anytime for free help and advice.

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Both new and existing machines can be covered up to 10 years old at the outset of the cover and no older than 15 years old at the expiry of the cover.

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• Machine tools
• Printing machinery
• Electronic equipment
• Forklift trucks
• Production equipment
• Lasers and light source for balance of life expectancy

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• Accidental damage & breakdown such as unforeseen mechanical or electrical breakdown, operator error, power surge, short circuit, collision, PCB failure, theft and influx of foreign materials.
• Fixed premiums for up to 7 years.  Payments remain fixed for the whole term and are guaranteed not to increase regardless of the number of claims made.  MACH 3-5-7 therefore allows you secure protection for your machinery for much longer than conventional insurance or repair contracts.
• Your choice of repairer.  You can choose the quickest and most convenient repairer for you and your machinery, subject to policy limits.  The ability for you to choose and instruct your own repairer means that the cost of downtime is kept to a minimum and you are in complete control of the repairs.  You can even make the repair using your own qualified in-house engineers.
• Additional cost of working.  In the event of an insured loss, the policy will contribute up to £5,000 towards outsourcing costs or overtime payments caused by the incident itself.
• Efficient claims service.  A telephone claims service reduces paperwork to ensure that when you submit a claim the machinery is quickly up and running again as quickly as possible.

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Premier Engineering & General Finance Ltd T/A Premier Business Finance are authorised and regulated by the Financial Conduct Authority (FCA) under registration number 301122.