Electronic Equipment Insurance provides coverage against accidental, sudden, and unforeseen damage to electronic equipment arising from any cause or peril not specifically excluded under the policy.

This policy covers a wide range of electronic assets, including computers, medical and biomedical equipment, microprocessors, and audio-visual systems, along with the value of system software. The term “equipment” extends to the complete computer system, comprising CPU, keyboards, monitors, printers, stabilizers, UPS systems, and system software, among others.

The sum insured under the policy must reflect the current replacement cost of the insured equipment. Replacement cost includes freight, duties, customs charges, erection costs, and installation expenses, with the replaced equipment being of the same type and capacity as the original.

Securisk Insurance Broking Pvt. Ltd. has a specialized team with extensive expertise in structuring and placing Electronic Equipment Insurance policies. We take pride in securing comprehensive coverage for our corporate clients at optimal costs, ensuring maximum protection with minimal operational disruption.

Key Features

• Coverage for breakdown of electronic equipment on an All Risks basis

• Coverage for data restoration expenses

• Coverage for additional costs incurred to ensure continuity of data processing and business operations

• Sum insured to be declared on Reinstatement Value Basis