Indicate whether each of the following occurrences would qualify as a covered accident under the Equipment...
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Indicate whether each of the following occurrences would qualify as a covered "accident" under the Equipment Breakdown Insurance Coverage Form. If an occurrence would not qualify as a covered accident, explain why. 1) Unburned natural gas exploded in the exhaust flues of the boiler. 2) A flywheel on a machine broke apart from centrifugal force. I 3) A steam boiler cracked from overheating as a result of insufficient water in the boiler. 4) A new steam boiler installed on the insured's premises exploded while undergoing high-pressure testing. Indicate whether each of the following occurrences would qualify as a covered "accident" under the Equipment Breakdown Insurance Coverage Form. If an occurrence would not qualify as a covered accident, explain why. 1) Unburned natural gas exploded in the exhaust flues of the boiler. 2) A flywheel on a machine broke apart from centrifugal force. I 3) A steam boiler cracked from overheating as a result of insufficient water in the boiler. 4) A new steam boiler installed on the insured's premises exploded while undergoing high-pressure testing.
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To determine whether each occurrence qualifies as a covered accident under the Equipment Breakdown Insurance Coverage Form we need to consider the def... View the full answer
Related Book For
Business Law The Ethical Global and E-Commerce Environment
ISBN: 978-1259917110
17th edition
Authors: Arlen Langvardt, A. James Barnes, Jamie Darin Prenkert, Martin A. McCrory
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