Electronic Equipment

Electronic Equipment Insurance covers all electric equipment like Microprocessors, Audio-visual equipment, Telecommunication equipment, Electro-medical installations, Material testing & research equipment and other office equipment like Photocopier, scanning machines etc.

 

Electronic equipment insurance is an accident insurance on an all risks basis covering all sudden and unforeseen losses unless specifically excluded whilst insured items are at work or at rest, or being dismantled for the purpose of cleaning, overhauling or being shifted within the premises, or in the course of the aforesaid operations, or during subsequent erection after commissioning.

Find The Allied Perils Below

Riot Strike Damage

Riot & Strike is a loss of or damage to property insured directly caused by Act of any person taking part together with others in any disturbance of public peace

Malicious damage

It covers damage other than by Fire maliciously cause by persons which are not strikers or locked out workers and who are not taking part in any disturbance of the public peace

Earthquake (Fire & Shock)

Loss or damage (including loss or damage by Fire) to any of the property insured occasioned or by through or in consequence of earthquake excluding flood overflow

Atmospheric Disturbance damage

Loss or damage directly caused by storm, Cyclone, Typhoon, tempest, Hurricane, Tornado, Flood and inundation

Impact damage

The loss or damage cause to the insured property occasioned by impact with any road vehicle (the vehicle should not belong to or under control of the insured)

Aircraft damage

It covers loss or damage to the property insured (by fire or otherwise) directly caused by Aircraft other aerial devices and/or articles dropped

Explosion

Loss or damage to the property directly caused by Explosion.

Major Risks covered:

  • Fire, lightning, explosion
  • Smoke, soot, corrosive gases
  • Water and humidity
  • Failure of air conditioning
  • Short circuit and other electrical causes
  • Design, manufacturing, assembly and erection faults, defects in casting and material, workshop errors, bad workmanship
  • Faulty operation, lack of skill, gross negligence
  • Malicious acts of workmen, employees, third parties
  • Burglary
  • Hail, frost

Fill the information in the form For Electronic Equipment Quote

Miscellaneous - Engineering - Electronic Equipment

Disclaimer : The insurance cover mentioned is based on the standard policy wording and relevant clauses and the actual cover may vary as per agreed terms between the insured and the insurer. The Company reserves the right to reject any offer without giving any reason.

Please refer to the documents for policy wording and relevant clauses.

Electronic Equipment