Insurance Department

Policies and Claims Procedures

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The following is a brief description of some of the University's Insurance Policies and Claims Procedures. These sections are intended to serve as a reference guide in providing information on insurance policies and procedures and to answer some essential questions regarding the University's insurance policies.

It is important that you contact the Insurance Department if you have specific questions regarding these policies, procedures and claims reporting.

Boiler & Machinery

Policy Description:
The Boiler and Machinery Policy is a commercial insurance policy which insures the University's boilers, heating, ventilation and air conditioning (HVAC) equipment against loss due to an "accident".

"Accident" means a sudden and accidental breakdown of the object, or some part of it, which manifests itself by the kind of physical damage which requires all or part of that object to be repaired or replaced.

The most notable exclusions on this policy are wear and tear, depletion, deterioration, corrosion or erosion of materials.

Boilers, heating, ventilation and air conditioning equipment, located in University owned buildings, are automatically insured on this policy. Some of the types of insured equipment are air conditioning and refrigerating systems, boilers, compressors, electric motors, generators, hot water tanks, pressure vessels, transformers, and all non-rotating electrical equipment used for distribution purposes.

Department Procedures:
Departments should contact the Insurance Department if they have any equipment that requires immediate inspection and/or certification. The Boiler and Machinery insurance company inspects and certifies all equipment and machinery, which requires state certification. At the present time an inspector for the insurance company is surveying the University buildings by area and implementing a computerized data system to inventory equipment that requires annual inspection and certification.

Claims Procedures:
Loss or damage to boiler and machinery equipment must be reported as soon as practical after a loss occurs, within 3-5 days. Failure to report a loss in a timely manner could result in the insurance company denying the claim. Please contact the Manager of Claims & Loss Prevention with any questions at 617-496-8830.