Asset & Equipment Insurance

Asset & Equipment Insurance protects valuable business assets such as machinery, electronic equipment, and office infrastructure from losses due to theft, fire, breakdowns, natural calamities, and accidental damage.

This insurance is ideal for manufacturing units, factories, IT companies, hospitals, logistics firms, and offices that rely heavily on physical assets and electronic equipment for operations.

You can cover heavy machinery, IT servers, computers, diagnostic machines, tools, UPS systems, HVACs, and more, depending on the policy type and your business needs.

Risks like accidental damage, mechanical or electrical breakdown, fire, theft, floods, short-circuits, and natural disasters are generally covered. Additional cover may be added for transit damage and depreciation.

Yes. New, leased, or rented equipment can be included in your insurance policy with proper documentation and value declaration.

Premium is based on factors like equipment value, usage type, risk exposure, location, safety measures, and coverage extent.

You'll typically need asset purchase invoices, equipment serial numbers, maintenance history, business registration details, and identity/address proof.

Yes, most policies allow claims for both partial and total damages, depending on the extent of loss and terms of coverage.

For high-value assets, insurers may conduct a pre-inspection or request photos before approving the coverage.

At AADS Financial Services, we ensure swift claim processing with expert support, usually within a few working days after proper documentation and survey.