The Diocesan Master Insurance Program provides $250,000,000 blanket
coverage for all low and high-pressure boilers, fired and unfired
vessels, and their associated piping, equipment, and machinery.
Coverage is also extended to include all refrigeration, air conditioning
equipment, and all piping and machinery necessary for its operation
and control. Further, coverage is extended to include mechanical
and electrical machines or apparatus used for the generation,
and transmission, and utilization of mechanical or electrical power.
Covered causes of loss as well as coverages are listed in the
actual boiler and machinery policy. In general, coverage is provided
for sudden and accidental breakdown of the insured object or
part of the insured object. Coverage is not provided
for deterioration, wear-and-tear, or leaking at any valve, fitting,
gland, or joint. Please call the Diocesan Property/Casualty
Insurance Claims Office to report any actual or suspected
boiler or machinery losses. DO NOT CONTACT THE BOILER
CARRIER, THEIR INSPECTORS, OR ADJUSTERS DIRECTLY.
The boiler and machinery policy insuring agreement includes:
- Loss to the property of the insured, including
loss to the insured object;
- Repair and replacement coverage;
- Expediting expense of $5,000,000;
- Statutory inspection services; and
- Business interruption/extra expense coverage of
Furnace explosion (in the fuel chamber) is excluded in as much
as it is covered under the Diocesan Master Insurance Program Property section. Liability
for persons injured and damage to property (of others) is
covered under the Diocesan Master Insurance Program Liability section.
Please note that it will be necessary for you to pay the required
annual State of Ohio operating certificate fee (usually $25
per unit) . However, the insurance carrier provides the
State of Ohio with the required inspection reports in order to
meet statutory requirements. You will be visited at least annually
by an inspector presenting credentials from the boiler insurance
The deductible applicable for all boiler and machinery losses
is $1,000 .