October 2008 Today's Equipment Exposures Go Way Beyond the Boiler Help Your Customers Understand Why They Need Breakdown Coverage When a client says, "But, I don't have a boiler," ask them how their business would operate if the electrical system broke down, an air conditioning compressor seized, or a power surge damaged retail point-of-sale systems and other electronics. PROTECTING THE BOTTOM LINE These accidents are covered every day by Hartford Steam Boiler and the insurance companies that we reinsure. Without equipment breakdown coverage, a business can face a big repair bill, lose income, and its customers. THE WORLD HAS CHANGED "Boiler and machinery" coverage is an outdated term replaced years ago with equipment breakdown insurance. Still, many people don't realize how much today's equipment has changed, and how HSB has responded with innovative coverage and services. SO HAS EQUIPMENT Although boilers still account for many expensive losses, electrical breakdowns have been the No. 1 cause of claims paid by HSB for several years. Think about all the electrical and electronic equipment your customers rely upon. PLENTY CAN GO WRONG Other breakdowns involve heating and cooling equipment, machinery, elevators, pumps, fans and motors, generators, refrigeration systems and many others. In addition to mechanical and electrical breakdowns, human error is a common cause. HSB HAS BETTER COVERAGE HSB's equipment breakdown insurance covers more than the equipment itself. In addition to repairs and replacement, our broad programs can pay for business income, extra expense, expediting expense, perishable goods, and more. We also include jurisdictional inspections. ASK US ABOUT IT All businesses and institutions have equipment exposures. Yet, standard property insurance excludes breakdowns. Ask your HSB representative how our equipment breakdown coverage can help fill that gap. Hartford Steam Boiler - One State Street - P.O. Box 5024 - Hartford, CT 06102-5024 Phone: 860-722-1866 - Fax: 860-722-5106 ©1996-2008 The Hartford Steam Boiler Inspection and Insurance Company. All rights reserved.