Interactive
Equipment Breakdown Insurance and Why You Need It
Academy of Insurance
Updated Nov 30, 2020In the beginning, there was Boiler and Machinery insurance. These days, it’s known as Equipment Breakdown insurance. Is it the same thing? If my insureds don’t own any steam equipment, is there any reason why they should buy it? What would happen to them if they don’t? What are the different coverage options? And what exactly is a joint loss agreement, anyway?
Related learning
