By Anthony Giannone, president of Travelers' Boiler & Machinery division

A company that contracts to provide call center services to other businesses probably does not give a moment's thought to boiler and machinery coverage. Similarly, a hospital or a restaurant may pay little attention to insurance that sounds more attuned to big factories and foundries.

But agents and brokers know that today's version of boiler and machinery--often called equipment breakdown coverage--is a critical component of modern corporate protection. Consider this:

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