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.
Explaining the 'Named Insured' in Your Business Insurance
Policy wordings for business insurance can be highly complex and the technical and legal language can be overwhelming to interpret. However, there is one term in particular - the named insured - that is extremely important for you to understand as a…
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When comparing the compensation of Indigenous band employees with those of other federal government employees, it is evident that there is a significant disparity.