Thursday, April 10, 2008

HSB Adds to Select Machinery Warranty Program

The Hartford Steam Boiler Inspection and Insurance Company (HSB) has expanded its Select Machinery Warranty program for business and industry to cover the purchase of new and used power and electrical equipment, heating and cooling systems, and backup power systems, the company announced today.

The Select Machinery Warranty is offered through equipment manufacturers, distributors, dealers, and installation and service contractors to give customers extended protection when purchasing equipment. It is included automatically by the seller and backed by Hartford Steam Boiler, a leading provider of equipment breakdown insurance.

The Select Machinery Warranty, initially offered for process and production machinery, now covers a range of equipment valued at $10,000 up to $5 million. Eligible equipment includes manufacturing machinery; power and electric equipment; heating, ventilation and air conditioning (HVAC) systems; and stand-by and uninterruptible power supplies.

New machinery manufacturers usually provide a warranty for the first year. Hartford Steam Boilers Select Machinery Warranty applies to new and used equipment operated in North America after the standard warranty expires and may extend coverage up to a total of five years. The program is administered and underwritten by Hartford Steam Boiler.

Hartford Steam Boiler provides specialized claim service, working with the owner of the equipment, the equipment manufacturer, distributor, or dealer to get repairs completed. Hartford Steam Boiler will assess a covered loss and reimburse the equipment owner directly for the cost of repair, including parts and labor.

For further information, visit its Web site at www.hsb.com.

1 comment:

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