Electronic Equipment Policy
Electronic Equipment Insurance covers accidental, unforeseen and sudden physical loss or damage to electronic equipment (Including system software) against sudden & unforeseen physical damage by any cause or peril that are not excluded under the Policy.
This insurance covers sudden, unforeseen and accidental loss or damage to equipment caused by the following:
- Fire
- Lightning and explosion;
- Electrical and mechanical breakdown;
- Flood and water damages;
- Extraneous impact and collision;
- Storm and other atmospheric disturbances;
- Burglary and theft;
- Failure of air-conditioning equipment;
- Negligence, faulty operation, carelessness;
- Riot, strike and malicious damages; and
- Entry of foreign body, dirt.