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What is Electronic Equipment Insurance?

Today, we live in the era of electronic technology, where electronic equipment holds the reigns for all functions. And, if you too cannot imagine running a business without your most dependable electronic equipment, then you must get them insured ASAP!

This is a policy for protecting your most important electronic equipment, like laptops, desktops, and servers, and data media against loss and damage. Both hardware and software are protected under this policy.

What is in it for you?

  • Comprehensive insurance for electronic equipment
  • Protection for data media
  • Affordable premiums
  • Quick policy issuance and claim settlement

What does the policy cover?

All-risk cover

Our insurance provides an ‘all risk’ cover. This means that you don’t have to bear any losses if your electronic equipment suffers any kind of damage.

Increased Cost of Operations

Physical loss or damage of electronic equipment can hamper your operative fluency and increase your operational costs. Plus, it wastes time. But don’t worry; our insurance compensates for all such expenses.

Recovery of Data

Data is fundamental in today’s world. Any loss of data can cost you millions.

Therefore, we cover expenses for external data media and recovery of original data.

Material Damage

We know how important electronic equipment is to a business. That’s why we cover for any material damage caused to your equipment.

Our insurance provides coverage against:

●        Fire and explosions

●        Riots and strikes

●        Short-circuit and electrical failures

●        Voltage fluctuations

●        Arcing

●        breakdown or derangement

●        Theft and burglary

●        Equipment breakdown

●        Human error

●        Entry of foreign bodies

●        Falling objects

What is not covered?

Our policy does not cover damage caused to electronic equipment under the following circumstances:


  • Nuclear and war perils

  • Natural wear and tear

  • Corrosion of parts

  • Consequential losses

  • Pre-existing defects

  • Scratches or other aesthetic damages

  • Damage caused by pressure wave caused by aircraft and other aerial devices

  • Loss or damage to bulbs, valves, tubes, ribbons etc.

  • Malicious damage caused by employees

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Disclaimer For complete details of Policy coverage, terms, conditions and exclusions, please refer the policy wordings.