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Insurance Definition: BOILER AND MACHINERY INSURANCE

By Compuquotes Team on March 27th, 2008

BOILER AND MACHINERY INSURANCE:

Definition:

  • Often called Equipment Breakdown, or Systems Breakdown insurance. Commercial insurance that covers damage caused by the malfunction or breakdown of boilers, and a vast array of other equipment including air conditioners, heating, electrical, telephone, and computer systems.

Information provided by Insurance Information Institute

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