Equipment Breakdown Insurance

Every small and medium enterprise is in danger of having its work interrupted due to breakdown of critical operational equipment.

RSA’s Equipment Breakdown (Standalone) package provides enhanced protection for loss of income to get your client’s business operating again as quickly as possible.

Target classes

The Equipment Breakdown (Standalone) package is suitable for small and medium enterprises that do not need insurance for property or liability exposures. It is specifically designed for the following trades:

Automobile
Business and professional services
Contracting
Hospitality
Manufacturing
Realty
Retail
Wholesale
 

Eligibility

To be eligible, the following criteria must be met:
  • The business’s operations are located in Canada
  • The business has up to 20 locations
  • The building and/or equipment at any one location is valued at up to $15 million
 

Package highlights

This package includes coverage for a number of situations and losses, including:
 

Coverage

Limit

Limit of Liability: Property Damage/Business Interruption/Extra Expense/Service Interruption

$20,000,000 per accident

Spoilage Damage

$25,000 (minimum $1,000 deductible)

Expediting Expenses

Included

Professional Fees

Included

Contingent Business Interruptions/Extra Expense

$100,000

Ammonia Contamination

$100,000

Hazardous Substances

$100,000

Mould

$50,000

Errors & Omissions

$100,000

Data & Media Coverage

$25,000

Water Damage

$100,000

 
This package also covers additional risks common to small- and medium-sized operations in each target class.

How do I place business with RSA?

Commercial Insurance - Montreal Office
Commercial Insurance Mailbox - Quebec Office

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