Electronic Equipment Policy Coverage

Our Electronic Equipment Insurance policy is specifically designed to provide complete cover to electronic equipment in case of breakdown or damage. Computers and other hardware electronic media and data including programs and software.

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It aims at providing mitigation to industrial organizations in case of damage caused to electronic equipment due to sudden and unforeseen physical damage.

Electronic equipment policy coverage. Material damage equipment eg computers microprocessors systems software External data media including information stored thereon and. Excess Electronic Equipment Endorsement Personal auto policy endorsement that allows an insured to add coverage for tapes records and disks used with electronic media and to increase the limit of insurance for electronic equipment that is permanently installed in an area of the auto not normally used for installing this equipment. Duties Following An Accident In the event of any occurrence which might give rise to a claim under this Policy the Insured shall- a immediately notify the Company.

What are the covers benefits provided. To protect your interests HDFC ERGOs Portable Electronic Equipment policy covers accidental damage and breakdown including fire theft robbery and malicious damage to new portable electronic equipment such as broadcasting film camera audio-visual diagnostic and medical equipment. Computer and allied peripherals Auxilliary equipments like UPS Voltage Stabilizer etc.

ELECTRONIC EQUIPMENT INSURANCE What is this product about. EEI Policy is Suitable for all electronic equipments some examples. It is an All Risk Policy.

Pre-existing faults or defects normal wear and tear erosion corrosion etc. Policies typically cover three categories of property. Subject of insurance are individual pieces of equipment or computer and data processing equipment of the Insured.

Section 1 Material Damage This policy covers unforeseen and sudden physical loss or damage to the insured equipment from any cause other than those excluded. Aircraft damage corrosive gases water and humidity short circuit and other electrical causes faulty operation lack of. Computers and data are vulnerable to damage by perils that are excluded by the standard property policy.

Electronic equipment insurance covers all sudden and unforeseen physical losses which are not subject of exclusions listed in insurance conditions. The policy affords only a small amount of coverage for damage to electronic data. Being an All Risk Insurance this provides complete cover except for the perils specifically excluded from the policy.

Reliance Electronic Equipment Policy Exclusions Major exclusions under this policy include. Electronic Equipment Insurance Policy Electronic Equipment Insurance Policy This policy is suitable for electronic equipment like computers printers scanners industrial electronic machines and servers and data storage equipments. You can protect your business from losses caused by damage to computers and data by purchasing electronic data processing coverage.

It includes physical loss or damage to all electronic equipment and data media Read More. This policy covers your computer and other electronic equipment whether the insured items are at work or at rest or being dismantled for the purpose of cleaning overhauling or of being shifted within the insured premises. ELECTRONIC EQUIPMENT INSURANCE POLICY Scope of Cover There are three sections under this policy.

Electronic Equipment Insurance Policy - Policy Wordings. The electronic equipment insurance policy is an all-risk policy designed for computers medical biomedical microprocessors and audiovisual equipment including the value of system software. The policy covers electronic equipment including but not limited to commercial electronic equipment or system software.

EEI Policy protects the Owner Lessor or Hirer where responsible either legally or through a leasing agreement of electronic equipments. Increased cost of working resulting from accidental loss andor damage to. Most EDP policies cover damage to equipment data and other items described in a section entitled Covered Property.

3121 computers and peripheral equipment being electronic data processing equipment comprising a central processing unit with flexible programming ability video display units printers hard disks floppy disk drives micro diskette drives including readwrite heads electromechanical motors and passive components as specified in the schedule. No material alteration shall be made or admitted by the Insured whereby the risk is increased unless the continuance of the Insurance be confirmed in writing by the Company. Costs towards elimination of functional failures unless such failures were caused by an indemnifiable loss or damage to the insured items.

The policy provides comprehensive coverage for your electronic equipment. The policy provides comprehensive coverage against unforeseen and sudden physical loss or damage to your electronic equipment and data media.

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