MLchartDataset catalogue

Testing coverage

Term · Insurance and risk management · MLC-T-INS-003313

An optional endorsement to an equipment breakdown policy that covers physical damage to equipment that occurs during or as a result of testing. Standard equipment breakdown policies exclude damage from tests, such as hydrostatic, pneumatic, or electrical insulation tests, unless this specific coverage is added. The endorsement applies only to the equipment being tested and not to any resulting damage to other property.

Table 1. Record
IdentifierMLC-T-INS-003313
FieldInsurance and risk management
Record as JSON
{
  "id": "MLC-T-INS-003313",
  "term": "Testing coverage",
  "field": "Insurance and risk management",
  "definition": "An optional endorsement to an equipment breakdown policy that covers physical damage to equipment that occurs during or as a result of testing. Standard equipment breakdown policies exclude damage from tests, such as hydrostatic, pneumatic, or electrical insulation tests, unless this specific coverage is added. The endorsement applies only to the equipment being tested and not to any resulting damage to other property.",
  "url": "https://mlchart.com/terminology/insurance/testing-coverage/"
}

Record 3,403 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.