Which is NOT considered "covered equipment" under an Equipment Breakdown Protection Coverage Form?

The correct answer is that equipment buried in the ground is not considered "covered equipment" under an Equipment Breakdown Protection Coverage Form. This type of coverage is designed to protect specific types of equipment that are at risk of breakdown due to internal or external pressures, energy generation, or other operational stresses.

Buried equipment typically falls outside the scope of this coverage because it is not easily accessible for maintenance, inspection, or claims assessment. This makes it more challenging to monitor its condition and the potential risks associated with its breakdown. Covered equipment generally includes items that are integral to the operations of a business that can be inspected and maintained more readily, such as mechanical equipment, internal pressure vessels, and computer hardware.

By understanding this distinction, one can better appreciate the intent of Equipment Breakdown Protection Coverage in terms of risk management and insurance applicability.