Mechanical breakdown insurance definition

Mechanical breakdown insurance means a policy, contract, or agreement that undertakes to perform or provide repair or replacement service, or indemnification for that service, for the operational or structural failure of a motor vehicle due to a defect in materials or skill of work or normal wear and tear, and that is issued by an insurance company authorized to do business in this state.

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Mechanical breakdown insurance means a policy, contract, or agreement issued by an insurance company that has complied with either Chapter 5, Domestic Stock and Mutual Insurance Corporations, or Chapter 14, Foreign Insurers, that undertakes to perform or provide repair or replacement service on goods or property, or indemnification for repair or replacement service, for the operational or structural failure of the goods or property due to a defect in materials, workmanship, or normal wear and tear.

Mechanical breakdown insurance means a policy, a contract,

Examples of Mechanical breakdown insurance in a sentence

• Mechanical breakdown insurance and extended warranty or service contracts.

• Mechanical breakdown insurance (also known as "boiler and machinery" insurance) covering pressure vessels, air tanks, boilers, machinery, pressure piping, heating, air conditioning and elevator equipment and escalator equipment and insurance against loss of occupancy or use arising from any such breakdown, in such amounts and with such deductibles as are reasonably satisfactory to Manager.

• Mechanical breakdown insurance (also known as "boiler and machinery insurance) covering pressure vessels, air tanks, boilers, machinery, pressure piping, heating, air conditioning and elevator equipment and escalator equipment and insurance against loss of occupancy or use arising from any such breakdown, in such amounts and with such deductibles as are reasonably satisfactory to Consultant.

More Definitions of Mechanical breakdown insurance

Mechanical breakdown insurance means a contractual undertaking in which a person undertakes to indemnify another for direct or consequential loss caused by the failure or malfunction of a component or system of a motor vehicle, but does not include:

Mechanical breakdown insurance means a policy, contract, or

Mechanical breakdown insurance means a policy, contract, or agreement issued

Mechanical breakdown insurance means a policy,

Mechanical breakdown insurance means means a

Mechanical breakdown insurance means a policy, contract or agreement that undertakes to perform or provide repair or replacement ser- vice, or indemnification for such service, for the operational or structural failure of a motor vehicle due to defect in materials or workmanship or

Mechanical breakdown insurance means a policy, a contract, or an agreement issued by an authorized insurer that provides for the repair, replacement, or maintenance of property, or indemnification for repair, replacement, or service, for the operations or structural failure of the property due to a defect in materials or workmanship or to normal wear and tear;