This policy covers physical damage that occurs to electrical and/or electronic equipment. Coverage for data reinstatement can also be added to electronic devices after the occurrence of an insured peril.
Electronic Equipment Insurance
Electronic Equipment Insurance
This policy covers physical damage that occurs to electrical and/or electronic equipment. Coverage for data reinstatement can also be added to electronic devices after the occurrence of an insured peril.
Why is this insurance important?
This insurance provides financial coverage against physical damage that may affect electronic equipment due to sudden malfunctions or unexpected breakdowns, reducing the financial burden associated with repairing or replacing the damaged devices.
Basic Scope of Coverage:
- Physical damage directly affecting electronic equipment as a result of sudden malfunctions or unexpected breakdowns.
- Coverage can be extended to include external data storage units.