Electronic Equipment Insurance

Electronic Equipment Insurance Policy covers Electronic equipment's owned by you or for which you are responsible

What does this Policy cover?
The Policy covers all accidental, unforeseen and sudden physical loss or damage to any electronic equipment (Including system software). You have an option to include coverage for External Data Media. You can also opt for Increased Cost of Working (ICOW) where in we will pay for the additional costs which you shall incur in order to ensure continued data processing on substitute equipment to effectively reduce your losses.

Optional Extensions

Escalation

Express Freight

Air Freight

Additional Custom Duty

Third party liability

Owners Surrounding Property

Type of equipment's covered

Computer system consisting of CPU, Keyboards, Monitors, Printers, Stabilizers, UPS, System Software etc.

Medical, Biomedical, Micro- processors

Audio/Visual equipment's including the value of System Software

Exclusions

Willful acts or gross negligence on the part of you or your representatives

War or warlike operations, nuclear reaction, radiation or radioactive contamination

Wear and tear, faults or defects existing at the time of commencement of insurance which ought to have been or were known to you, faults or defect for which the supplier/manufacturer/maintenance contractor is responsible either by law or under contract