What is Mechanical & Electrical Breakdown Insurance?

Question 93 in 100 Insurance Questions in 100 Days Video Series!

Restaurant refrigeration suddenly ceases up and quits overnight due to a power surge. Equipment is damaged, food is spoiled, and you have to close for 3-days.  You’ve lost income, your staff has lost pay, inventory must be replaced, and the refrigeration needs replacing. Typical business insurance policy…what happens? Watch this brief video explanation to learn more.