Home > Glossary

Engineering Insurance

Definition

In the United Kingdom, a policy that provides boiler and machinery (BM) inspection services as well as coverage for the pressure vessel and any internal accidents. Outside the United States, particularly in the United Kingdom, a property policy provides coverage for property damage (PD) resulting from a boiler explosion but not for damage to the object itself. Coverage for the boiler and inspection services must be separately arranged under an engineering insurance policy.

Beacon Hill sidebar
Personal Lines CE sidebar
AgriCon-Banner-(728x90) (002)

Navigation

Social Media

User ID: Subscriber Status:Free