Collinite Insulator Wax No. 845 (IW845) for Engine bay?

845 was originally designed for electric insulators-(I'm assuming they get hot) it should work in the engine bay but I think there are spray products like CD2 that probably would be easier to use.
 
845 was designed to have electrical insulation propertis but I don't think it was designet to be electrical insulator :)
 
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