This policy provides indemnity to electronic equipment against sudden and unforeseen physical loss or damage to the equipment in a manner necessitating repair or replacement including theft, transit risks and cover to laptops on a worldwide basis. Includes mechanical and electrical breakdown of electronic equipment, installation and peripheral equipment e.g. computers, air conditioning plant and accessories.

Features & Benefits

It provide indemnity for losses resulting from:

  1. Breakdown, actual breaking, distortion or electrical damage whilst in use or at rest;
  2. Accidental damage from sudden and unforeseen losses arising from fire and lightning, theft, earthquake, malicious damage, riots, strikes and civil commotions.
  3. The policy covers the electronic equipment whilst in the premises only; Laptops are therefore not covered under this policy but under the All Risks Policy.
  4. Indemnity for damage to data carrying media e.g. diskettes, tapes and cables resulting from any of the above perils.
  5. Reimbursement of additional expenses incurred to reproduce lost data and records following damage to the insured equipment by any of the above perils.