Should you buy extended warranties for your construction equipment? The answer is probably yes, but it's up to you to weigh the pros and cons. Here are some of the top reasons an extended warranty can be a great investment:

CUSTOMIZATION

Every business has different challenges, different budgets and a lineup of heavy equipment. Extended warranties can be tailored to fit to your company needs, machine by machine. If you work with one of our partners, for example ADI's Protect My Iron which is underwritten through Lloyd's you could choose coverage  for:

• Engine only
• Component only
• Engine, power transmission and drive systems
• Engine, power transmission, drive systems and hydraulic systems
• Engine, power transmission, drive systems, hydraulic systems, vibratory components and swing gear assembly.

PROTECT YOUR CASH FLOW

Maintain maximum cash flow for greater business flexibility, rather than setting aside "just in case", taking that cash out of play for capital improvements, marketing, etc.

PREDICTABILITY

The cost of extended warranties premiums is known and consistent, whereas a sudden significant expense can throw the proverbial monkey wrench into your business plans.

REDUCED STRESS

We could all use one less thing to worry about. There is no guarantee that even the best-cared-for equipment won't break down, but if the worst happens, an extended warranty ensures you are fully prepared to handle the problem as efficiently as possible.

SAVINGS

If something does go wrong, the cost will be covered.

FACILITATE REPAIRS

Having an extended warranty in place can streamline the repair process. Coverage includes parts and labor, and you can be confident the work will be done by your usual, trusted dealer and their top-notch service and repair techs.

INCREASED RESALE VALUE

An extended warranty augments the machine's maintenance records to show the equipment has been routinely well-cared for, increasing buyer confidence. An existing warranty also adds real value to the machine.

Construction firms from owner/operators to the biggest names in the industry have to be agile and operate cost-effectively in order to remain in business. With so many critical details to consider on a daily basis, extended warranties can help lighten the load.

For further information on extended warranties please contact Mark Standen, Mocden Insurance Services

+44 (0)1322 476 276

+1 315 359 6005

+61 3 638 77 044

Mob +44 (0)7427 628 886

Mob +61 (0)490 056 472

Email mstanden@mocden.co.uk

www.mocden.co,uk