What Does Blanket Group Boiler and Machinery Coverage Mean?

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What does Blanket Group Boiler and Machinery Coverage mean? Read on to discover the definition & meaning of the term Blanket Group Boiler and Machinery Coverage - to help you better understand the language used in insurance policies.

Blanket Group Boiler and Machinery Coverage

Blanket Group Boiler and Machinery Coverage

Boiler and machinery (BM) coverage that applies to all equipment of a certain type. It contrasts with coverage applying only to individually described objects and with coverage applicable to all insurable objects (referred to as "comprehensive boiler and machinery coverage").

We hope the you have a better understanding of the meaning of Blanket Group Boiler and Machinery Coverage.

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