Final answer:
All the provided options (a, b, c and d) correctly describe components that are potentially covered under a Boiler and Machinery policy; none of them point to something that is explicitly not covered.
Step-by-step explanation:
The question pertains to a Boiler and Machinery policy, which is a type of insurance that covers the breakdown of boilers, machinery, and other equipment. The options provided are intended to identify what is not covered by such a policy. So, let's address them:
- Covers Boilers and Pressure vessels: This is part of the boiler and machinery policy, as these items are subject to breakdown and can cause significant damage or business interruption.
- Covers machinery if an accident does occur: This is also included in the policy; machinery is protected in the event of an accident, ensuring that the insured can repair or replace the essential equipment without undue financial strain.
- The major peril when insuring boilers and pressure vessels is breakdown: This is indeed correct, as the primary reason for such insurance is to protect against the sudden and accidental breakdowns of such equipment.
- An example of machinery would be electric motors: This is true; electric motors are considered a type of machinery and would typically be covered by a boiler and machinery policy.
Therefore, all the options given a, b, c and d are parts of a boiler and machinery policy. To find an element that is NOT part of the policy, we would need additional information about exclusions or limitations that come with the specific policy.