Commercial

Electronic Equipment

Electronic Equipment Insurance

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Electronic Equipment

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Electronic Equipment Insurance
This is a specially designed policy which covers accidental loss or damage to electronic equipment. The policy covers the following types of equipment:

  • Electronic data processing machine
  • Telecommunication equipment
  • Transmitting and receiving installations(including Radio, TV, Cinema Sound Reproduction and Studio Equipment)
  • Material testing and research equipment
  • Electro-Medical Installations
  • Signal and Transmitting units
  • Office calculators, duplicating machines and Reproduction machines
  • Control and supervisory units
  • The policy can be extended to include the following risks on payment of additional premium:
  • Damage to external data media for example punch cards, tapes, discs etc. as also the cost of reconstruction of data on this external media caused by a peril covered under the policy.
  • The additional expenditure incurred due to use of a substitute computer system as a result of an accidental damage to the computer insured under the policy and which is covered by the policy.