Electronic Equipment

The electronic equipment insurance policy is an all risk policy designed for computers, medical, biomedical, microprocessor, and audio/visual equipment including the value of system software. Rates are tariffed.

Scope of cover

Cover operates when the insured property is at work or at rest or being dismantled for the purpose of cleaning/overhauling or during subsequent re-erection.
The Policy provides coverage for:
Material damage to electronic equipment (which can include systems software) due to sudden and unforeseen events, under Section I
Cost of external data media, including cost of reconstruction of data under Section II, as also increased cost of working under Section III. While Section I is compulsory, Section II and Section III are optional.