Comprehensive Protection • Predictive Technology • Professional Excellence
Alliance for Contractors' Equipment Breakdown Insurance provides comprehensive protection for your critical mechanical and electrical equipment. Our advanced coverage goes beyond traditional insurance by integrating cutting-edge IoT monitoring and predictive maintenance technologies to prevent breakdowns before they occur.
Please provide detailed information for each piece of equipment to be covered:
Equipment Description | Manufacturer/Model | Serial Number | Installation Date | Current Value | Location |
---|---|---|---|---|---|
$ | |||||
$ | |||||
$ | |||||
$ | |||||
$ |
Total Equipment Value: $________________
Coverage Type | Description | Limit Options | Selected Limit |
---|---|---|---|
Repair Costs | Parts, labor, and materials for equipment repair | $100K / $500K / $1M / $2M | |
Business Interruption | Lost income and continuing expenses during downtime | $50K / $250K / $500K / $1M | |
Expediting Expenses | Emergency repairs, overtime, express shipping | $25K / $100K / $250K / $500K | |
Debris Removal | Cleanup and removal of damaged equipment | $10K / $25K / $50K / $100K | |
Temporary Equipment | Rental equipment during repair period | $15K / $50K / $100K / $250K |
Alliance's Equipment Breakdown Insurance incorporates state-of-the-art Internet of Things (IoT) monitoring technology that sets us apart from traditional insurance providers. Our intelligent sensors continuously monitor your equipment's vital signs, providing real-time health assessments and predictive maintenance alerts.
Company Name: _________________________________________________
Business Address: _____________________________________________
City, State, ZIP: ______________________________________________
Primary Contact: ______________________________________________
Phone Number: ________________________________________________
Email Address: _______________________________________________
Years in Business: ____________________________________________
Industry Type: ________________________________________________
A commercial construction company's primary excavator suffers a hydraulic system failure during a critical project phase. Alliance coverage provides immediate repair costs, rental equipment for project continuity, and business interruption compensation for project delays.
A manufacturing facility's primary production line experiences motor failure. IoT sensors detected anomalies weeks in advance, allowing for planned maintenance scheduling. When unexpected failure occurs, coverage includes repair costs, expedited parts delivery, and income protection during downtime.
Critical HVAC equipment fails during peak season. Coverage provides emergency repair services, temporary cooling solutions, and protection against lost business due to uncomfortable working conditions.
Main electrical distribution panel experiences failure, causing facility-wide power disruption. Coverage includes electrical system repair, temporary power solutions, and business interruption protection for all affected operations.
Alliance's Equipment Breakdown Insurance goes beyond coverage by providing comprehensive maintenance planning tools:
Policy Feature | Standard Terms | Alliance Enhancement |
---|---|---|
Policy Period | 12 months | Continuous coverage with automatic renewal |
Deductible Options | $1,000 - $25,000 | Reduced deductibles with IoT monitoring compliance |
Claims Response | 24-48 hours | Immediate response with IoT alert integration |
Coverage Territory | United States | Worldwide coverage for portable equipment |
Age Limitations | Equipment under 20 years | Extended coverage for well-maintained older equipment |
Contact our equipment insurance specialists today to begin your comprehensive protection plan with advanced IoT monitoring and predictive maintenance integration.
Call: 1-800-ALLIANCE | Email: [email protected]
Web Portal: www.alliancecontractors.com/equipment-protection
I certify that the information provided in this application is true and complete to the best of my knowledge. I understand that any misrepresentation may result in policy cancellation or claims denial.
Applicant Signature: Date: _______________
Print Name: _________________________________ Title: _____________________
This application must be completed in full and submitted with all required documentation. Coverage is subject to underwriting approval and policy terms and conditions. Alliance for Contractors reserves the right to request additional information or inspections prior to policy issuance.
Alliance for Contractors - Equipment Breakdown Insurance Application
Document Version 2024.1 | Page 1 of 1