Catalogue / Operational all-risk & machinery breakdown insurance
Machinery breakdown cover for generating equipment, Flex seriesSample
by Nalanda Corporate Services (Sample) · verified by BARREL
Price for verified buyers
Ordered and invoiced through BARREL — one contract, one GST invoice.
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The Flex service of machinery breakdown cover for generating equipment by Nalanda covers 4 sum insured options (INR 50 crore to INR 1000 crore). Highlights: annual policy review, business interruption for revenue loss and hail and flood cover for solar modules. Used by solar and wind IPPs, lenders requiring insurance covenants and industrial plants. Delivered in line with Insurance Act 1938, IRDAI Regulations and Tariff Advisory Committee Fire Tariff. Mobilisation Policy in 1 week; serves South India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.
- Brand
- Nalanda
- Model
- NAL-872 series
- Listing type
- Service
- Unit
- job
- Minimum order
- 1 job
- Lead time
- Policy in 1 week
- Warranty
- Claims support
- Standards
- Insurance Act 1938, IRDAI Regulations, Tariff Advisory Committee Fire Tariff
- Delivers to
- South India
- GST rate
- 18 %
- Country of origin
- India
- Delivery terms
- Site mobilisation as per work order
- Returns
- Re-work of defective scope at no cost
- Other terms
- Sample data for testing; not a real offer.
Variants
| Variant | Specifications | Min. order · lead time | Price, ex GST |
|---|---|---|---|
| Sum insuredINR 50 croreNAL-872-01 | Sum insured: INR 50 crore | 1 job · Policy in 1 week | for verified buyers |
| Sum insuredINR 100 croreNAL-872-02 | Sum insured: INR 100 crore | 1 job · Policy in 1 week | for verified buyers |
| Sum insuredINR 250 croreNAL-872-03 | Sum insured: INR 250 crore | 1 job · Policy in 1 week | for verified buyers |
| Sum insuredINR 1000 croreNAL-872-04 | Sum insured: INR 1000 crore | 1 job · Policy in 1 week | for verified buyers |
Specifications
| Sum insured | INR 50 crore to INR 1000 crore (see variants) |
|---|---|
| Policy | Operational all-risk |
| Business interruption | Gross profit cover |
| Deductible | Standard |
| Perils | Breakdown, theft, vandalismmade to order: Fire, lightning, natural catastrophe |
| Add-ons | Terrorism |
| Period | 1 yearmade to order: 3-year long term |
| Survey | Annual risk improvement visitmade to order: Pre-inspection risk survey |
| Claims | Surveyor coordinationmade to order: 24x7 support |
| Insurers | Panel of leading insurers |
| Valuation | Reinstatement valuemade to order: Market value |