What Does Comprehensive Boiler and Machinery Coverage Mean?

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

Comprehensive Boiler and Machinery Coverage

Comprehensive Boiler and Machinery Coverage

Boiler and machinery (BM) coverage that applies to all insurable objects. There are two types: standard comprehensive coverage applies to all objects except production machinery; extended comprehensive coverage applies to all objects including production machinery. Contrasts with blanket group BM coverage, which applies to all objects within specified categories of objects, and with coverage applying only to individually described objects.

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

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