Boiler & Machinery Insurance - Bosna RE

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Limits of B&M InsuranceHow much Boiler & Machinery insurance should becarried?The amount and limits of coverage can only be estimatedby examination of the particular situation and making a“worst case” evaluation or loss projection. Avoid thecommon practice of insuring only for the value of the objectbeing covered. For most items, a covered loss can alsocause damage to property beyond the object itself. Thecost of the additional coverage does not rise proportionallywith the increased risk, so it is better to estimate on thehigh rather than the low side and insure accordingly.12 /GE /30 May, 2008
Let‘s get morepractical13 /GE /30 May, 2008
Page 5 and 6: Role of Loss Prevention & Control(L
Page 7 and 8: Equipment Breakdown Insurance (EBI)
Page 9 and 10: Importance of B&M InsuranceBecause
Page 11: Key Considerations to B&M Insurance
Page 15 and 16: What do you want to know about this
Page 17 and 18: Condition Quality Rating Factors•
Page 19 and 20: Contingency Planning Rating (cont.)
Page 21 and 22: Age Rating (cont.)Actions• Equipm
Page 23 and 24: Accessibility RatingEquipment locat
Page 25 and 26: Maintenance Rating (cont.)Actions
Page 27 and 28: Protective DevicesQuestions• Boil
Page 29 and 30: Remember the blue Ball ProductionCa
Page 31 and 32: Loss Estimates• Property Damage
Page 33 and 34: Pitfalls using Replacement Cost -Ta
Page 35 and 36: PD, BI and Daily TE exampleEXAMPLE
Page 37 and 38: PD, BI and Daily TE exampleEXAMPLE
Page 39 and 40: PD, BI and Daily TE exampleEXAMPLEE
Page 41: Thank You for your attention!!!Ques

Boiler & Machinery Insurance - Bosna RE

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