This product is designed for all electrical and electronic systems such as, Electronic Data Processing (EDP) equipment, electrical equipment for medical use, communication facilities, lighting and navigation facilities, equipment for research and materials testing etc.
The insurance protects the owner as the operator, the lesser / hirer, or the maintainer. Subject to otherwise exclusions written in the policy electronic equipment insurance covers sudden and unforeseen and sudden loss or damage to insured equipment including but not limit to fire, lightning, explosion, aircraft impact, Smoke, soot, corrosive gases, Water & humidity, Failure of air conditioning, Short circuit and other electrical causes, erection faults, defects in casting and material, workshop errors, bad workmanship, Faulty operation, lack of skill, negligence, Malicious acts of workmen, / employees / third parties, Burglary, Hail, frost.
Data Media Cover is provided on a first-loss basis both for the material value of the external data media used in computing facilities and for the costs of reprocessing and restoring lost information.