Even with expert installation and regular maintenance, equipment breaks down. And when mechanical or electrical failures occur, you need to know that your finances will be able to withstand the outage.
That's why CNA offers Equipment Breakdown insurance to help address financial loss due to breakdown of certain machinery and equipment used in your business. Equipment Breakdown insurance can be provided as a stand-alone policy or included within our package policy, CNA Paramount®. Our unique coverage addresses replacement of your equipment, as well as damage to certain other property, such as the loss of certain perishable property due to spoilage, loss to computer or data equipment and more, as a result of equipment breakdown.
Combining the latest market insight with significant technology experience, our underwriters and risk control professionals are poised to adapt, develop relevant coverages, and help you identify and mitigate your exposures. In the event that a claim arises, our skilled claim professionals are dedicated to working with you, so you may remain focused on charting the course for tomorrow’s technologies.