3D printer insurance

Helvetia 3D Printer Insurance is what is known as an all-risk insurance policy. This all-round protection covers any sudden damage to the machine itself, as well as the resulting consequential losses. In particular, these include losses in the case of printer output and raw materials. When printers are out of action for some time, Helvetia covers the resulting additional costs.

The following damage and losses are insured:

• Printers: The 3D printers are covered for unforeseen damage, destruction and loss. Helvetia pays the costs of having the 3D printer restored to the condition it was in before it was damaged.
• Raw materials: Helvetia reimburses the cost of raw materials which have become unusable or damaged, such as special plastics or expensive metals. In practice Helvetia pays the purchase price at current market prices
• Printer output: Similarly, compensation is paid for damaged and incorrectly manufactured, i.e. unusable printer output. In this case the order price of the relevant print order is paid.
• Business interruption losses: Helvetia covers the additional costs incurred to maintain operations. Example: Orders have to be placed externally during the break in production.
• Financial losses: Helvetia covers the revenue lost as a result of the break in production.
  

The risks covered include:

• improper operation and negligence
• temperature fluctuations
• oxidation in the structure
• power failure

Losses directly associated with an insured event are covered. This excludes any damage resulting from ageing or wear, for example. In addition, it must be possible to bridge a power failure for at least 30 minutes with an in-house system (a UPS system). Damage resulting from a longer power failure is covered.