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    About Equipment Insurance

    Electronic equipment are not only more susceptible to damage, but also expensive and not easily replaceable. Thus, an equipment insurance policy protects your electronic equipment damages as well as loss due to Burglary & theft.

    In today’s world, gadgets like laptops, computers, iPads, tablets as well as appliances like refrigerators, washing machines, air conditioners etc. While we all ensure handling any electronic equipment needs is done with utmost care, accidents and unforeseen incidents are unavoidable.

    In order to be prepared for such losses one must ensure that all essential electronic equipment/ gadgets stand covered under the equipment insurance policy.

    Benefits of Equipment Insurance

    Not just physical damage

    Our equipment insurance policy also covers your gadgets and appliances against theft or burglary too

    Easy Claims

    When you have MAKS Finserv equipment insurance, claims processing will be easy and hassle-free, with 24/7 support.

    Affordable Premiums

    Our competitive pricing ensure that the premium is affordable with high coverage.

    Peace of Mind

    Ensure your peace of mind by insuring your equipment with MAKS Finserv.

    What is Included

    Fire

    Coverage against all accidental damages and natural calamities like fire, lightning, explosion, war, cyclone, earthquake, flood, landslide, rock slide etc.

    Electrical and mechanical breakdown

    Any damage to your electronic equipment due to any electrical and mechanical breakdown is covered.

    Data loss

    Loss of external data drive like tapes, discs, hard drives etc. caused accidentally, as mentioned above

    Restoration

    Cost of data restoration is covered here

    Replacement

    Coverage is provided for repair and replacement

    Parts

    Coverage provided for parts and fittings

    Policy Claim Procedure

    Once the claim is registered and required documents are submitted, a surveyor is appointed to verify the details and submit the report. Upon receiving the report and if the report is satisfactory, the claim amount is calculated and paid to the policyholder.

    Contact MAKS Finserv Customer Care

    If you are a new customer who is looking for information about the
    MAKS Finserv Equipment Insurance

      Frequently Asked Questions

      In general, 30 days are required from the date of submission of the claim documents, to release the settlement
      The sooner you inform, the better it will be. However, make sure that you inform in writing within 14 days from the date of loss/damage.
      The electronic equipment policy is renewed annually.
      Yes, you can cancel or terminate your policy anytime. Simply inform in writing and your request will be processed. Your premium, if paid, will be refunded.

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