RSA Insurance - Equipment Breakdown Insurance
Equipment Breakdown Insurance
Every small and medium enterprise is in danger of having its work interrupted due to breakdown of critical operational equipment.
RSA’s Equipment Breakdown (Standalone) package provides enhanced protection for loss of income to get your client’s business operating again as quickly as possible.
The Equipment Breakdown (Standalone) package is suitable for small and medium enterprises that do not need insurance for property or liability exposures. It is specifically designed for the following trades:
Business and professional services
To be eligible, the following criteria must be met:
- The business’s operations are located in Canada
- The business has up to 20 locations
- The building and/or equipment at any one location is valued at up to $15 million
This package includes coverage for a number of situations and losses, including:
Limit of Liability: Property Damage/Business Interruption/Extra Expense/Service Interruption
$20,000,000 per accident
$25,000 (minimum $1,000 deductible)
Contingent Business Interruptions/Extra Expense
Errors & Omissions
Data & Media Coverage
This package also covers additional risks common to small- and medium-sized operations in each target class.
Contact Monarch Insurance Brokers for more information.