Question

A boiler and machinery policy would exclude all of the following EXCEPT:

1) Interruption of business
2) lack of power, light, heat, steam, or refrigeration
3) boiler explosion
4) flood

Answer 1

A boiler and machinery policy normally excludes business interruption, lack of utilities, and flood; however, it typically includes coverage for a boiler explosion, which is directly associated with boiler operation risks.

Step-by-step explanation:

A boiler and machinery policy is an insurance policy that covers the breakdown of equipment and any resulting property damage. Among the options provided, such a policy would generally exclude business interruption, lack of power, light, heat, steam, or refrigeration, and flood. However, it would typically include coverage for boiler explosions, as these are directly related to the machinery the policy is designed to protect.

Boilers are crucial in various operations, such as power plants and factories, and a malfunction can result in significant disruptions and hazards.