What it protects:
Production machinery or processing equipment / Air conditioning systems / Refrigeration systems / Heating systems / Boiler and pressure vessels / Electrical systems / Telephone and communications systems / Office equipment
How it protects:
Equipment Breakdown (Formerly called Boiler and Machinery coverage) protects your business from a loss that occurs due to mechanical or electrical breakdown.
An example: A business has a sudden and unexpected power surge. That surge, damages the computer chip running the AC unit; Or it damages the circuit board running your CNC; Or the computer that runs your robotic manufacturing system.
Typical covered causes of loss:
Electrical arching which harms a circuit board but doesn’t cause a fire.
Failure of a machine part that causes a sudden and accidental total failure of the machine.
Explosion of a pressurized system.
This is coverage is very important to most businesses – and it’s not very expensive.
Your Specific Needs. The needs of each business are unique. Our Professional Team can help.