Features & Benefits
Requirement: Considering how indispensable technology is these days, protecting it is akin to protecting yourself. Today, electronic equipment is used for everything- to broadcast and to consume the news and entertainment, to keep us connected personally and professionally, to help us achieve new breakthroughs in sciences, and to even save lives. Your everyday business is run off this equipment and crucial data is stored on electronic devices. Damage or breakdown to any of these could prove to be potentially fatal for the everyday working of the enterprise. Our Electronic Equipment Insurance (EEI) policy helps protect against such instances.
Benefit: An Electronic Equipment Insurance policy provides All Risk Insurance cover in case of a breakdown or damage to your electronic devices due to perils other than those specifically excluded from the policy. This policy provides for the high costs of repair or restoration in bringing the affected equipment to its normal working condition or its replacement thereof thus ensuring business continuity at a marginal cost.
Sum Insured: The sum insured shall be the replacement value of the equipment including the cost of duties paid, freight charges and erection costs.
Premium: The amount of the premium paid is dependent on the type of equipment insured.
Please read the
policy wordings for more information.
*Terms & Conditions apply.