Electronic Equipment
Similar to Machinery Breakdown Insurance, this policy is tailored to cover low-voltage electronic equipment
Electronic Equipment Insurance (EEI) is a policy designed to provide specialized coverage for computers & other electronic equipment.
Coverage:
Material Damage: Covers the cost of repair or replacement of the equipment as a result of material damage.
External Data Media: Cover the costs of restoration of external data media such as discs & tapes, while they are kept on the insured’s premises
Increased Cost of Working: Covers the cost of hiring substitute equipment in the event of a covered accident.
Ideal For:
Electric Systems (transformers, high- and low-voltage switch-gear, etc.)
Computers and allied peripherals
Radio transmitting and receivers (including radio, TV, cinema sound reproduction and studio equipment)
Medical, Biomedical, Equipment (X‐ray Machines, Ultrasound Machines, MRI etc.
CAT scan Machines, Audio/Visual equipment,
Electronic control panels, Telecommunication and navigational equipment, Material testing and research equipment, Signal and transmitting units
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