Electronic Equipment Insurance Policy

This policy covers entire range of electronic equipments from a personal computer to medical equipments and sophisticated gadgetry

The Policy covers

Section I : Any unforeseen and sudden physical loss or damage to electronic equipments from any cause, other than the exclusions.

Section II : External data media and the expenses for reconstruction and re-recording of information

Section III : Increased cost of working.

1. War and Nuclear risks
2. Wilful Act or negligence
3. Partial or total cessation of work
4. Loss or damage to the property falling under the terms of the maintenance agreement.
5. Loss or destruction or damage directly occasioned by pressure wave caused by aircraft and other aerial devices

1. Pre-existing faults or defects, Normal wear and tear, erosion, corrosion, etc.
2. Costs towards elimination of functional failures unless such failures were caused by an indemnifiable loss or damage to the insured items
3. Mmaintenance cost of the insured items
4. Loss or damage to objects made of glass, porcelain or ceramics, sieves or any operating media
5. Aesthetic defects such as scratches on painted or enamelled surfaces.

1. Costs arising from false programming, punching, labelling or inserting, inadvertent cancelling of information or discarding of data media, and from loss of information caused by magnetic fields

1. Costs for replacement of data media, data and regeneration of data.