INSURED EQUIPMENT Clause Samples
INSURED EQUIPMENT. Insured Equipment shall mean any equipment owned, leased, operated or controlled by you as described below:
A. any boiler, fired or unfired pressure vessel normally subject to vacuum or internal pressure other than static pressure of contents, any refrigerating or air conditioning vessels and piping or any other piping and its accessory equipment, any heat exchanger that forms part of forced air heating equipment, but not including:
(i) any boiler setting, any refractory or insulating material;
(ii) any part of a boiler or fired pressure vessel that does not contain steam or water; nor
(iii) any buried piping, any drainage piping, any sprinkler piping and its accessory equipment;
B. any mechanical or electrical equipment used for the generation, transmission or utilization of mechanical or electrical power, but not including:
(i) any vehicle or self-propelled mobile equipment; nor
(ii) any lifting or safety cables, anchorages, car buffers or counterweight buffers forming part of an elevator system;
C. any electronic machine, device or instrument or fibre optic cable used for research, diagnosis, treatment, communication, word processing, data processing, duplicating, monitoring or scanning.
INSURED EQUIPMENT. Insured Equipment shall mean any equipment owned, leased, operated or controlled by you as described below:
A. any boiler, fired or unfired pressure vessel normally subject to vacuum or internal pressure other than static pressure of contents, any refrigerating or air conditioning vessels and piping or any other piping and its accessory equipment, any heat exchanger that forms part of a forced air heating equipment, but not including:
(i) any boiler setting, any refractory or insulating material;
(ii) any part of a boiler or fired pressure vessel that does not contain steam or water; nor
(iii) any buried piping or vessel, any drainage piping, any sprinkler piping and its accessory equipment;
B. any mechanical or electrical equipment used for the generation, transmission or utilization of mechanical or electrical power, but not including:
(i) any conveyor, crane, elevator or hoist, but not excluding any electrical equipment used with any such apparatus;
(ii) any Vehicles or Insured Equipment mounted on a Vehicle, but not excluding Insured Equipment that is;
a. mounted on wheels or a trailer in order to make it transportable;
b. not used to drive or steer such wheels or trailer; and
c. stationary and in use at the location specified in the Declarations at the time of the Breakdown or Electronic Circuitry Impairment;
C. any electronic equipment, device or instrument or fibre optic cable used for research, diagnosis, treatment, communication, word processing, data processing, duplicating, scanning or monitoring.
INSURED EQUIPMENT. Insured Equipment means the mechanical, electronic, or rental equipment specified in the Schedule/Certificate, but not including any motor vehicles. For the purpose of this Policy, such Insured Equipment may be either (i) owned, (ii) sold, (iii) serviced under a contract, (iv) taken on rent, or (v) given on rent by the Insured.
INSURED EQUIPMENT. Insured Equipment shall mean any equipment owned, leased, operated or controlled by you as described below:
A. any boiler, fired or unfired pressure vessel normally subject to vacuum or internal pressure other than static pressure of contents, any refrigerating or air conditioning vessels and piping, any other piping and its accessory equipment, or any heat exchanger that forms part of a forced air heating equipment, but not including:
(i) any boiler setting, any refractory or insulating material;
(ii) any part of a boiler or fired pressure vessel that does not contain steam or water; nor
(iii) any buried piping or vessel other than that contained in a duct, tunnel or runway, domestic and supply water piping, waste disposal piping, drainage piping, or sprinkler piping and its accessory equipment;
B. any mechanical or electrical equipment used for the generation, transmission or utilization of mechanical or electrical power, but not including:
(i) any conveyor, crane, elevator or hoist, but not excluding any electrical equipment used with any such apparatus;
(ii) any Vehicles or Insured Equipment mounted on a Vehicle, but not excluding Insured Equipment that is;
(a) mounted on wheels or a trailer in order to make it transportable;
(b) not used to drive or steer such wheels or trailer; and
(c) stationary and in use at the location specified in the Declarations at the time of the Breakdown or Electronic Circuitry Impairment;
C. any electronic equipment, device or instrument or fibre optic cable used for research, diagnosis, treatment, communication, word processing, data processing, duplicating, scanning or monitoring.
INSURED EQUIPMENT. OPTION 2 If Option 2 is specified as covered in the Declarations applicable to this Rider, Insured Equipment shall mean any equipment owned, leased, operated or controlled by the Insured as described below:
(a) any boiler, fired or unfired pressure vessel normally subject to vacuum or internal pressure other than static pressure of contents, any refrigerating or air conditioning vessels and piping or any other piping and its accessory equipment or any heat exchanger that forms part of forced air heating equipment, but not including:
(i) any boiler setting ,any refractory or insulating material;
(ii) any part of a boiler or fired pressure vessel that does not contain steam or water; nor
(iii) any buried piping, any drainage piping, any sprinkler piping and its accessory equipment;
(b) any mechanical or electrical equipment used for the generation, transmission or utilization of mechanical or electrical power, but not including:
(i) any vehicle or self-propelled mobile equipment;
(ii) any lifting or safety cables, anchorages, car buffers or counterweight buffers forming part of an elevator system; nor
(iii) any electronic equipment, device instrument or fibre optic cable used for research, diagnosis, treatment, communication, word processing, data processing, duplicating, monitoring or scanning.
INSURED EQUIPMENT. Option 1 (
INSURED EQUIPMENT. Insured Equipment shall mean any equipment owned, leased, operated or controlled by the Insured as described below:
(a) any boiler, fired or unfired pressure vessel normally subject to vacuum or internal pressure other than static pressure of contents, any refrigerating or air conditioning vessels and piping or any other piping and its accessory equipment, any heat exchanger that forms part of forced air heating equipment, any jacketed milk vessel, but not including:
(i) any boiler setting, any refractory or insulating material;
(ii) any part of a boiler or fired pressure vessel that does not contain steam or water; nor
(iii) any buried piping, any drainage piping, any sprinkler piping and its accessory equipment;
(b) any mechanical or electrical equipment used for the generation, transmission or utilization of mechanical or electrical power, but not including:
(i) any Vehicle or Insured Equipment mounted on a Vehicle, but not excluding Insured Equipment that is:
(1) mounted on wheels or a trailer in order to make it transportable;
(2) not used to drive or steer such wheels or trailer; and
(3) stationary and in use at the Location specified in the Declarations at the time of the Breakdown or Electronic Circuitry Impairment;
(ii) any irrigation system, but not excluding:
(1) any central pivot;
(2) any tower control box;
(3) any wheel;
(4) any drive mechanism for any swing arm or corner attachment and any equipment forming a part of the driving or controlling mechanism used therewith; nor
(5) any sensor, control or pump and any equipment forming a part of the driving or controlling mechanism used therewith;
(iii) any lifting or safety cables, anchorages, car buffers or counterweight buffers forming part of an elevator system;
(iv) any conveyor belt; nor
(v) any Farm Implement;
(c) any electronic equipment, device, instrument or fibre optic cable used for, communication, word processing, data processing, duplicating, monitoring or scanning but not including any Farm Implement External Electronics;
(d) any Vehicle-Mounted GPS including any steering assemblies, servo-motors, mixing, metering or hydraulic assemblies directly controlled by such Vehicle-Mounted GPS or any controller computer.
INSURED EQUIPMENT. Option 2 (Basic “Plus” Coverage)
(a) Any boiler, fired or unfired vessel normally subject to vacuum or internal pressure other than static pressure of contents, any refrigerating or air conditioning vessels and piping or any other piping and its accessory equipment, any heat exchanger that forms part of forced air heating equipment, but not including:
(i) any boiler setting, any refractory or insulating material;
(ii) any part of a boiler or fired pressure vessel that does not contain steam or water; nor
(iii) any buried piping, any drainage piping, any sprinkler piping and its accessory equipment;
(b) Any mechanical or electrical equipment used for the generation, transmission or utilization of mechanical or electrical power, but not including:
(i) any vehicle or self-propelled mobile equipment;
(ii) any lifting or safety cables, anchorages, car buffers or counterweight buffers forming part of an elevator system; nor
(iii) any electronic machine, device, instrument or fibre optic cable instrument used for research, diagnosis, treatment, communication, word processing, data processing, duplicating, monitoring or scanning.
INSURED EQUIPMENT. Insured Equipment shall mean any equipment owned, leased, operated or controlled by you as described below:
A. any boiler, fired or unfired pressure vessel normally subject to vacuum or internal pressure other than static pressure of contents, any refrigerating or air conditioning vessels and piping, any other piping and its accessory equipment, or any heat exchanger that forms part of forced air heating equipment, but not including:
(i) any boiler setting, any refractory or insulating material;
(ii) any part of a boiler or fired pressure vessel that does not contain steam or water; nor
(iii) any buried piping other than that contained in a duct, tunnel or runway, domestic and supply water piping, waste disposal piping, drainage piping, or sprinkler piping and its accessory equipment;
B. any mechanical or electrical equipment used for the generation, transmission or utilization of mechanical or electrical power, but not including:
(i) any vehicle or self-propelled mobile equipment; nor
(ii) any lifting or safety cables, anchorages, car buffers or counterweight buffers forming part of an elevator system;
C. any electronic machine, device or instrument or fibre optic cable used for research, diagnosis, treatment, communication, word processing, data processing, duplicating, monitoring or scanning.