This is a thermal cut out which is fitted as standard in most thermostats now.
What can happen without one is that in the event of a thermostat failure the water in the tank can boil & expand to fill up the storage tank in the loft. If the tank is plastic this eventually collapses allowing the boiler water to run into the room below.
What can happen without one is that in the event of a thermostat failure the water in the tank can boil & expand to fill up the storage tank in the loft. If the tank is plastic this eventually collapses allowing the boiler water to run into the room below.