Equipment Breakdown

Equipment Breakdown

Equipment Breakdown offers broad protection, including coverage for a breakdown of equipment due to common occurrences such as: electrical arcing, electronic equipment failure, mechanical breakdown, centrifugal force, pressure explosion. Coverage can extend to include: loss of income, contingent business interruption, extra expenses incurred, livestock, resultant spoilage, service interruption.

Target Markets

  • Trades/Construction
  • Realty
  • Retail
  • Wholesale
  • Hospitality
  • Business & Professional Services
  • Amusement
  • Health Services

Product Highlights

  • Up to $20,000,000 limit available in-house
    • Stock Spoilage included
    • Business Income – ALS included
    • Production Machinery included
  • Up to $50,000,000 limit available (Course of Construction/Builders Risk)
    • Testing and Commissioning included
    • $300,000 Soft Costs included
    • $20,000 Delayed start-up coverage included
  • Coverage is available on a stand-alone basis or packaged with other coverages.

Submit your applications to: underwriting@taycon.ca