Equipment Breakdown, Boiler & Machinery
CapriCMW provides the highest quality insurance products and innovative risk-related solutions for Equipment Breakdown, Boiler & Machinery businesses. Historically known as boiler and machinery insurance, the new name, Equipment Breakdown Insurance (EBI) more accurately describes the provided coverage. Under traditional property policy, loss due to mechanical or electrical breakdown of nearly any type of equipment is typically excluded. EBI applies to the cost to repair or replace the equipment and any other property damaged by the equipment breakdown.
We understand the need for competitively priced programs for Equipment Breakdown, Boiler and Machinery insurance. Our Risk Advisors can review the EBI limits for your business, and can also help protect business income loss and extra expense loss.
Resources
Business Insurance
Actual Cash Value or Replacement Cost: 9 Key Considerations
Insuring property on an actual cash value (ACV) basis could lead a manufacturing business to permanent close in the event of a large claim. This article will explore the challenges of insuring property on an ACV basis and why we recommend insuring on…
Personal Insurance
How Safe is Your Password?
Cybercrime is more rampant than ever before - attacks are growing in sophistication year by year with the potential impact on victims becoming more severe and widespread. It is predicted that the damage caused by global cybercrime will cost $10.5…
Employee Benefits
BC Government Introduces New Pay Transparency Legislation
If passed, the new legislation will require employers meeting a certain employee size threshold to disclose the mean and median pay for male and female employees.
Talk to an Advisor
Your CapriCMW Risk Advisor has highly specialized knowledge of your industry and is empowered to act quickly and independently to ensure direct, personal service.
