Radio and Television Transmitting Equipment, Transmission Lines, Pipelines, Traffic Lights Insurance
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Radio and Television Transmitting Equipment, Transmission Lines, Pipelines, Traffic Lights Insurance
Coverage if transmission equipment is damaged or destroyed on an all risks basis excluding the perils of war, wear and tear, inherent defect, and nuclear damage. consequential loss (indirect loss) may be added by endorsement to include such eventualities as lost revenue because of damage to a radio-transmitting line. This endorsement can be of special importance to businesses, such as stock brokerages, that transmit buy and sell orders.
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Radio and Television Transmitting Equipment, Transmission Lines, Pipelines, Traffic Lights Insurance
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Barron's Insurance Dictionary
Dictionary of Insurance Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
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