Machinery All Risk Takaful: Securing Unforeseen Machinery, Equipment Damages

Companies and businesses invest thousands of dollars on machinery in order to operate, increase productivity and deliver the best quality of services that they can provide. On top of that investment, includes the cost of maintenance of the machinery in order to keep them operating. Even so, it doesn’t omit the risk of damages from the unexpected or unforeseen. When machinery or equipment that is essential to a business is damaged or stops working, production can be reduced significantly or even causes a complete halt. 

The repair and replacement of a major piece of machinery or equipment can be significantly expensive and may even cost more than the machine itself. 

Many companies and industries rely heavily on machinery and equipment to operate, so it is important to ensure that they are secured and protected. 

Takaful Brunei Am Sdn Bhd (TBA) offers businesses a comprehensive Machinery All Risk Takaful to help provide coverage against sudden and unforeseen damages to the machinery and equipment. 

TBA’s Machinery All Risk Takaful offers takaful protection that helps reduce the financial damages in order for companies to restore their business to full operation. 

The takaful protection includes the cost of repairs or replacement of damaged machine parts. 

For more information on TBA’s Machinery All Risk Takaful, please contact Takaful Brunei Corporate at 2442222 (ext. 9003) or visit Takaful Brunei Corporate at its Beribi headquarters. 

This article was first published on 09 July 2022 in our Weekly Epaper issue 201 |  More stories here


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