Which of the following statements about the equipment breakdown protection coverage form is (are)true?
I.The covered cause of loss is a breakdown of covered equipment,including boilers,machinery,and electrical and mechanical equipment.
II.It provides coverage for the reasonable cost of expediting permanent repair or replacement of damaged property.

Question

Quizplus · Accepted Answer

Both statements are true. The equipment breakdown protection coverage form provides coverage for the breakdown of covered equipment, and also covers the cost of expediting permanent repair or replacement of damaged property.

Which of the Following Statements About the Equipment Breakdown Protection