Insured equipment definition

Insured equipment means any equipment owned, leased, operated or controlled by the Insured as described below:
Insured equipment means devices, machinery or apparatus that are completely tested and installed and connected ready for use while at the “premises” specified on the “Declarations Page” and consisting of: (a) any boiler, any fired or unfired pressure vessel normally subject to vacuum or internal pressure other than static pressure of contents, any refrigeration or air conditioning vessels and piping and any other piping with its accessory devices; (b) any mechanical, electrical or electronic apparatus generating, controlling, transmitting, transforming or utilizing mechanical or electrical power. Electronic devices must be used for starting, stopping or controlling one or more insured equipment; (c) any transformer or electrical devices, whether or not at a “premises”, owned by a public or private utility company and that is used to supply electrical power solely to a “premises”. It is agreed that a coverage limit of one dollar ($1) will apply to such transformers or electrical devices.
Insured equipment does not mean or include any of the following: (a) any piping forming part of a sprinkler system or any other water piping other than boiler feed water piping, boiler condensate return piping, water piping forming a part of a building heating system, or water piping connected to or used with a refrigeration or air conditioning system; (b) any structure, foundation or setting (other than the bedplate of a machine) supporting or housing devices, machinery or apparatus, or the lining or firewall of any fired or unfired vessel; (c) any vehicle, aircraft, locomotive, mobile equipment or floating vessel; (d) any elevator, escalator, crane, hoist, power shovel, dragline or conveyor, but not excluding any pressure vessel or electrical equipment used with such a machine; (e) any penstock, draft tube or well casing; (f) any oven, stove, furnace or kiln; (g) any “production machinery”; (h) any felt, wire, screen, die, extrusion plate, swing hammer, grinding disc, cutting blade, chain, belt, clutch plate, brake disc or any part or tool subject to frequent, periodic replacement and associated with production machines or apparatus; (i) any refractory or insulating material, non-metallic lining or covering; (j) any electronic computer or electronic “data” processing equipment unless used primarily to operate one or more insured objects , any X-ray machines, electron microscope, particle accelerator, beta gauge, spectrograph, any other electronic machine, device, instrument, or any apparatus utilizing radioactive materials; or (k) any vessel, machine or apparatus used for research, experimental, demonstration, diagnostic, therapeutic, medical, surgical, dental, or pathological purpose, but not excluding any sterilizer or autoclave.

Examples of Insured equipment in a sentence

  • At the option of the Insured, equipment also includes personal property of officers and employees of the Insured.

  • At the option of the Insured, equipment also includes personal property of officers, employees and volunteers of the Insured.

  • At the option of the Insured, "equipment" also includes personal property of officers and employees of the Insured.

  • At the option of the Insured, equipment also includes personal property of offic ers and employees of the Insured.

  • Insured equipment in the same room or premises with an unlocked connection with each otherCompensation requirementRemarks1 personal computer- Locked premisesInsuredwith accessories equipment may not be left in an unsupervised vehicle**2–9 personal computers- Protection Class 2*** 10 or more personal computers- Protection Class 2*** - Approved centre- connected burglar alarmThe same requirements also apply to other insured equipment and then with equivalent value ranges as for personal computers.


More Definitions of Insured equipment

Insured equipment means Golf equipment being a golf bag, a golf umbrella, golf clubs, a golf trolley, clothing and wearing apparel the property of and the legal responsibility of The Insured.
Insured equipment means property covered under Coverage A – Dwelling Building, Coverage B – Detached Private Structures or Coverage C
Insured equipment is any equipment owned, leased, operated or controlled by you as described below:
Insured equipment means any equipment owned, leased, operated or controlled by you as described below:
Insured equipment or “Optus Device” means the device(s) named as insured device(s) in the records of Optus Mobile Pty Limited at the time
Insured equipment means any equipment owned, leased, operated or controlled by the Insured as described below: 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 draining 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 mobile equipment; nor (ii) any lifting or safety cables, anchorage, 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 means the equipment on and Contractor Equipment Inventory.