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

Marine insurance

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

MORE
Declaration

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

MORE
Positive act

Understand the meaning and definition of Positive act in the context of stock market, trading, and investments.

MORE
Decreasing term

Understand the meaning and definition of Decreasing term in the context of stock market, trading, and investments.

MORE
Public insurance

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

MORE
Actual cash value

Understand the meaning and definition of Actual cash value 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