Boiler and machinery insurance offers protection against sudden and accidental physical loss or damage to machinery and equipment. We offer this insurance for all classes of business including coverage to all non-energy classes and occupancies in conjunction with our property insurance services.
We can cover losses that are normally excluded in a property insurance policy. This includes steam and centrifugal explosion, mechanical and electrical breakdown.
The policy covers unforeseen and sudden damage to any machinery insured from any cause not excluded while it is at work or at rest and/or while being dismantled, moved or re-erected for the purpose of cleaning, inspection, repair or installation in another position within the premises. Policy excludes external causes such as fire, lighting, impact, etc.