Electronic Equipment Policy Covers
It aims at providing mitigation to industrial organizations in case of damage caused to electronic equipment due to sudden and unforeseen physical damage. In the event of failure of the EDP equipment insured the Insurers shall be liable for the additional expenditure that can be proved to have been incurred for the period during which the use of substitute EDP equipment is essential but at the most for the indemnity period agreed.
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Electronic equipment policy covers. ELECTRONIC EQUIPMENT INSURANCE POLICY Scope of Cover There are three sections under this policy. A computers and peripheral equipment being electronic data processing equipment comprising a central processing unit with flexible programming ability video display units printers hard disks floppy disk. The term equipment shall include the entire computer system consisting of CPU Keyboards Monitors Printers Stabilizers UPS System Software etc.
3121 computers and peripheral equipment being electronic data processing equipment comprising a central processing unit with flexible programming ability video display units printers hard disks floppy disk drives micro diskette drives including readwrite heads electromechanical motors and passive components as specified in the schedule. Aircraft damage corrosive gases water and humidity short circuit and other electrical causes faulty operation lack of. The policy covers electronic equipment including but not limited to commercial electronic equipment or system software.
All Electronic equipments like Computers Medical Biomedical Micro-processors. All electronic communication equipment remains the property of the organisation Cinderella Cleaning Contractors If any item is lost stolen or damaged then this must be reported to the office immediately any damaged items must be returned prior to new equipment being issued. When shown as the Type of Cover in the schedule.
What are the covers benefits provided. AudioVisual equipments including the value of Systems Software may be covered under Electronic Equipment Policy. You can also choose to insure the additional costs to your business or business interruption expenses caused by a breakdown of electronic equipment.
Our Electronic Equipment Insurance policy is specifically designed to provide complete cover to electronic equipment in case of breakdown or damage. HDFC ERGOs Electronic Equipment Insurance Policy is the safeguard you need to cover the assets so vital to. Electronic equipment described in the Schedule hired by theInsured and for which they are responsible under the terms oftheir hiring agreement or otherwise but not equipment on hirepurchase or subject to a lease agreement or on free loan.
It can cover moveable and. Your electronic equipment policy DOMINICA This is a sample Policy document that provides full wording for all the covers we offer. The electronic equipment insurance policy is an all-risk policy designed for computers medical biomedical microprocessors and audiovisual equipment including the value of system software.
Insured equipment insured equipment means. SPECIMEN Your electronic equipment policy. The value of Software can be covered under this policy.
Electronic Equipment Insurance Policy Electronic Equipment Insurance Policy This policy is suitable for electronic equipment like computers printers scanners industrial electronic machines and servers and data storage equipments. Just imagine the consequences if anything happened to that data or your computers and other electronic equipment were irreparably destroyed. Electronic equipment for research and material testing The term equipment shall include the entire computer system consisting of CPU Keyboards Monitors Printers Stabilizers UPS etc.
Electronic Equipment Electronic equipment insurance covers the cost to repair or replace specified electronic equipment following a breakdown. ELECTRONIC EQUIPMENT INSURANCE What is this product about. Being an All Risk Insurance this provides complete cover except for the perils specifically excluded from the policy.
Once you have bought your Policy you will be provided with the documentation specific to what you have requested. It is an All Risk Policy. Section 1 Material Damage This policy covers unforeseen and sudden physical loss or damage to the insured equipment from any cause other than those excluded.
This policy covers your computer and other electronic equipment whether the insured items are at work or at rest or being dismantled for the purpose of cleaning overhauling or of being shifted within the insured premises. To protect your interests HDFC ERGOs Portable Electronic Equipment policy covers accidental damage and breakdown including fire theft robbery and malicious damage to new portable electronic equipment such as broadcasting film camera audio-visual diagnostic and medical equipment.
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