Medical equipment is not limited to the hospital or doctors’ office. Many medical practitioners have mobile equipment that provides diagnostic services across a region. This equipment needs the right coverage to protect the equipment in the event of loss.
BFM offers the AAIS Mobile Medical Equipment Coverage for this business. We offer coverage for property damage; income loss and the policy can be endorsed to broaden the coverage to include other exposures for this class of business.
All equipment must be scheduled with a specific limit for each item. A catastrophe limit applies to the policy.
If the additional coverages endorsement is added, you must specify the limit for each coverage. The default waiting period for rental reimbursement is 72 hours.
Any of the included limits can be increased to suit the needs of your client.