Skip to main content
Insurance

Boiler and machinery insurance

Equipment Breakdown insurance, also known as Systems Breakdown insurance, is a crucial element of commercial insurance. It offers protection against damage caused by the malfunction or breakdown of various equipment, such as boilers, air conditioners, and computer systems. This coverage highlights the importance of preventing losses, rather than just compensating for them. It encompasses a wide range of equipment, including heating, electrical, telephone, and more. Let's delve deeper into the details.

Related terms

Physical hazard

Understand the meaning and definition of Physical hazard in the context of stock market, trading, and investments.

MORE
Target Pension

Understand the meaning and definition of Target Pension in the context of stock market, trading, and investments.

MORE
Business income insurance

Understand the meaning and definition of Business income insurance in the context of stock market, trading, and investments.

MORE
Right of survivorship

Understand the meaning and definition of Right of survivorship in the context of stock market, trading, and investments.

MORE
Named-perils agreement

Understand the meaning and definition of Named-perils agreement in the context of stock market, trading, and investments.

MORE
Surety bond

Understand the meaning and definition of Surety bond in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store