Boiler & Machinery

Commercial Insurance Products

This cover can protect you if your business’s boiler cracks, a motor fail after bearings seize, a cooler of food spoils because of an electrical malfunction or a computer shorts out causing lost production. Boiler is an optional coverage and can be included in either your SB Value Pak or Commercial Pak.

Option 1 – Basic Coverage:

  • excludes Air Conditioning and Refrigeration Equipment
  • excludes Electronic Equipment Coverage
  • excludes Spoilage Coverage

This option is appropriate for businesses that do not have any of the above three exposures, subject to the terms, conditions and exclusions of the policy.

Option 2 – Broad Coverage:

  • excludes Electronic Equipment Coverage
  • excludes Spoilage Coverage

This option is appropriate for those businesses which do not have Electronic Equipment or Spoilage exposures, subject to the terms, conditions and exclusions of the policy.

Option 3 – Comprehensive Plus:

Under this option it is possible to insure nearly everything mechanical and electrical in small to mid-sized businesses, whether tenanted or owner occupied.

This coverage protects the kind of electronic equipment that businesses depend upon most, such as:

  • Telephone Systems
  • Computers, Printers
  • Photocopiers, Fax Machines
  • Diagnostic Equipment
  • Security Systems
  • Stoves, Ovens
  • Retail Scanning Equipment

Coverage is also included on equipment used to provide human comfort or services in a building, such as:

  • Boilers, Hot Water Tanks, Heat Exchangers
  • Air Conditioning and Refrigeration Equipment
  • Mechanical Pumps, Fans and Compressors
  • Electrical Motors, Transformers and Panels

Option 3 also includes spoilage coverage. Loss of the insured’s perishable goods that spoil as a result of a breakdown is covered to the policy limit, subject to the terms, conditions and exclusions of the policy.

This product is available in these regions:

  • British Columbia