What Does Boiler & Machinery or Equipment Breakdown & Machinery Mean?

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What does Boiler & Machinery or Equipment Breakdown & Machinery mean? Read on to discover the definition & meaning of the term Boiler & Machinery or Equipment Breakdown & Machinery - to help you better understand the language used in insurance policies.

Boiler & Machinery or Equipment Breakdown & Machinery

Boiler & Machinery or Equipment Breakdown & Machinery

coverage for the failure of boilers, machinery and other electrical equipment. Benefits include (i) property of the insured, which has been directly damaged by the accident; (ii) costs of temporary repairs and expediting expenses; and (iii) liability for damage to the property of others. Coverage also includes inspection of the equipment.

We hope the you have a better understanding of the meaning of Boiler & Machinery or Equipment Breakdown & Machinery.

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