- Boiler and Machinery Coverage aka Equipment Breakdown Coverage
Boiler and Machinery Coverage aka Equipment Breakdown Coverage”,”New developments in technology have created loss exposures to businesses not addressed by the original boiler and machinery policy The breakdown of a wide range of equipment such as computers, machinery using computer technology, and other equipment such as ovens, stoves, furnaces, elevators, hoists and cranes can be covered. Medical diagnostic equipment such as MRIs, advanced heart monitors and other scientific equipment in hospitals, medical laboratories, and universities also need breakdown coverage. The equipment breakdown coverage forms continue to provide coverage to boilers, air conditioning systems, and machinery. Direct damage, extra expense and loss of income resulting from breakdown, burst pipes, electrical arcing, and exploding of boilers is covered. High limits can be arranged for large risks.
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