Protect Your Critical Electronics from Breakdown and Damage
Electronic Equipment Insurance covers accidental, electrical and mechanical damage to electronic devices such as servers, medical equipment, telecom systems, broadcasting equipment and office electronics. For businesses that rely heavily on technology, even a short downtime can lead to operational and financial loss. This cover helps repair or replace damaged equipment quickly.
Coverage for sudden and unforeseen physical loss or damage
Optional cover for external data media and increased cost of working
Protection against electrical and mechanical breakdown
Flexible sum insured based on replacement value
Frequently Asked Questions
Which types of equipment can be insured?
Servers, medical devices, telecom systems, broadcasting equipment and office electronics.
Does it cover software and data?
Hardware is primary; data and media can be covered through specific add-ons.
Is theft of equipment covered?
Theft may require burglary/theft extensions or a separate policy; check inclusions.
Does the policy cover portable devices like laptops?
Yes, if declared and covered; portability may affect terms and premium.
Are damages due to power fluctuation covered?
Electrical disturbances are often covered, subject to policy wording and conditions.
How is the sum insured determined?
Typically on reinstatement (replacement) value, including freight, duties and installation.
