Lesson 2: Putting CNC On Insurance

This tutorial provides essential information on how to properly insure your machine before and after its delivery, emphasizing the importance of coverage during transit and potential risks once it’s on your property. The instructor outlines key steps for ensuring your equipment is protected, including:

Understanding the insurance coverage during transit with freight companies
Identifying scenarios requiring insurance once the machine is on your property
Collecting necessary documentation for your insurance provider, including the machine’s name, value, and serial number
Considering risks such as accidents during unloading, fires, and flooding

Main purpose:
To guide users through the process of insuring their machine, highlighting the necessary steps and documentation needed for coverage.

Key takeaways:

Importance of insurance coverage during transit and after delivery
Documentation needed for insuring the machine
Awareness of potential risks that could affect the machine’s safety

Video Summary

Remember This Checklist:

Understand machine insurance coverage during transit
Acknowledge responsibility upon delivery
Consider insurance for unloading and setup scenarios
Prepare for additional risks after installation
Gather necessary documentation for insurance

Overview of Machine Insurance (0:00-1:48)

0:00-0:18 – Introduction to the training video on machine insurance
0:18-0:30 – Explanation of the importance of insurance for various scenarios
0:30-0:52 – Coverage details during transit until loaded on freight trucks
0:52-1:12 – Discuss responsibility for the machine once it is on your property
1:12-1:30 – Emphasize protection during unloading and setup
1:30-1:48 – Mention additional risks post-installation and the need for coverage

Lesson 1: Shop Preparation List

Lesson 3: Required Floor Space

Full Video Transcript

Transcript

Overview of Machine Insurance (0:00-1:48)

0:00-1:48: “Hello. Hello. Welcome back to another legacy training video. In this session we’re gonna talk about, uh, putting your machine under insurance. And so if you have, what if scenarios that you’re concerned about, then you wanna protect yourself from those situations. Um, the machine is gonna be under our care until it is loaded onto the, uh, freight trucks. So once that happens, then we have insurance with the freighting companies to, um, help with that situation. If anything were to happen, uh, during the transit from our facility to yours. Now, once the machine is in your property, um, you’re gonna be responsible for it. And so if you need to protect yourself from any situation, that can be from when the machine is being unloaded. So if anything were to happen, um, to the machine while being unloaded and then loaded into your, your facility location, um, before it gets set up, we want to protect yourself from, from any situation. Um, there’s also additional scenarios that can happen after the machine is installed. And so there’s always, you know, fires, flooding and, and a couple of other scenarios that can, and we have seen take place with our customers. And so if you wanna protect your yourself from those type of situations, we recommend putting your machine under insurance. Now you just need a couple of items from us and we’ll be providing those, uh, with the machine, uh, so that you can give that to your insurance company and, and get that all taken care of. You’re gonna need the name of the machine with the value of the equipment, and that’s on the copy of the sales order that we’re gonna give to you, as well as the serial number. And we assign the serial number, um, here at the factory so you can get that well in advance before the machine is ever shipped or delivered. And so that’s all the items that you’ll simply need in order to again, fi um, put that under your insurance. I hope this has answered some questions, um, about that scenario, if that’s something you want to proceed, um, in doing.”