Electronic Equipment Insurance

Buy the policy for comprehensive coverage of your electronic equipment.

Electronic Equipment Insurance Policy

The electronic equipment insurance policy is an all risk policy, which is specially designed for electronic equipment.

The policy is designed for electronic equipment

The policy consists of three sections

Sections II and III are optional

Section 1 Deals with the hardware e.g.: computer main body

Extra covers are available for overtime, night works, and work on public holidays

Terrorism risk is also covered

Section II covers external data media or E.D.P.

The policy covers increased cost of working

Faults or defects existing at the time of commencement of the present insurance known to the insured
Wear and tear, Gradual deterioration due to atmospheric conditions
Costs incurred in connection with the elimination of functional failures unless such failures were caused by an indemnifiable loss of or damage to the insured items
Any cost incurred in connection with the maintenance of the insured items
Loss or damage for which the manufacturer or supplier of the insured items is responsible either by law or under contracts
Loss of or damage to rented or hired equipment for which the owner is responsible either by law or under a lease and/or maintenance agreement
Consequential loss or liability of any kind or Description
Loss of or damage to bulbs, valves, tubes, ribbons, fuses, seals, belts, wires, chains, rubber tyres, exchangeable tools engraved cylinders, object made of glass, porcelain or ceramics sieves or fabrics, or any operating media (e.g. lubrication oil, fuel, chemicals)
Aesthetic defects, such as scratches on painted polished or enameled surfaces