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From production equipment and machinery to electrical appliances and building systems, businesses rely on this equipment to deliver consistent service to their customers. But when equipment breaks down – whether it’s part of the manufacturing process or the building’s mechanical or electrical systems – the result can be a real problem. The costs to a business can be high, not just from the replacement or unplanned maintenance of the equipment, but from the business interruption and possible loss of customers or profits.

Equipment breakdown coverage from Axis Insurance is a specific type of property insurance which has been created to mitigate financial losses caused by accidental breakdown to named pieces of equipment. Nearly every company – large or small – has a substantial investment in equipment and having the right breakdown insurance in place will give you the peace of mind that you’re protected in the event of a vital piece of machinery or building service breaking down.

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