Electronic Equipment policy covers sudden and unforeseen physical loss of or damage whilst working, at rest, dismantling or reassembly for maintenance movement or repair.
Coverage includes damage or loss of computers, microprocessors, word processors, and other various equipments used in various fields whether in medical, telecommunication etc. The policy is ideal for any individual or corporate organization that employ the use of electronic equipment for purposes of business or pleasure.
It has three sections of cover:
- SECTION I (Material Damage)
- SECTION II: Covers External Data Media and the expenses for reconstruction and re-recording of information.
- SECTION III : Covers Increased Cost of Working