Other Than Life (OTL) Practice Exam

Which of the following specifically excludes damage to the boiler itself?

1. Boiler policy

2. Pressure vessel policy

3. Machinery policy

4. Commercial property policy

The correct answer is: Boiler policy

A boiler policy is designed primarily to cover the specific risks associated with boilers, ensuring that various aspects of boiler operations are sufficiently protected. However, it typically excludes coverage for damage to the boiler itself. Instead, this policy focuses on liability and other related issues, such as business interruption resulting from boiler failure or accidents that involve external parties. In contrast, a pressure vessel policy usually includes coverage for the vessel itself, addressing damage or loss that could occur. A machinery policy, too, would generally cover the machinery including the boiler, while a commercial property policy covers a broader range of property but does not specifically tailor its focus on the unique risk factors associated with boilers or pressure vessels. Thus, the boiler policy's specific exclusion of damage to the boiler itself aligns with its intended coverage scope, making it the correct choice for this question.