Why Equipment Breakdown?
- It offers protection against damage caused by:
– Short Circuits / Electrical Arcing
– Power Surges
– Mechanical Breakdown
– Motor Burnout
– Boiler Damage
– Operator Error
This coverage includes the following:
- Comprehensive Equipment Breakdown
- Business Income / Extra Expense
- Demolition
- Ordinance or Law
- Expediting
- Hazardous Substances
- Spoilage
- Computer Equipment
- Data Restoration
- Service Interruption
- Electrical distribution systems
- Heating and cooling systems
- Telephone systems
- Computers
- Refrigeration
| Coverages |
|
Limits |
|
| Comprehensive Equipment Breakdown |
|
Follows policy limit |
|
| Business Income / Extra Expense |
|
Follows the Property Loss of Income and Extra Expense Limit |
|
|
|
| Demolition |
|
Follows the Property form |
|
| Ordinance or Law |
|
Follows the Property form |
|
| Expediting |
|
$25,000 |
|
| Hazardous Substances |
|
$25,000 |
|
| Spoilage |
|
$25,000 |
|
| Computer Equipment |
|
Follows the Property form |
|
| Data Restoration |
|
$500 |
|
| Service Interruption |
|
24 hour waiting period |
|
| Deductible |
|
Follows the policy deductible |
|
