• Particulars of cover liability and exclusion given above are not complete or exhaustive :
• Our nearest Branch Office branch may be approached for complete details.

Section 1:

Excess specified in policy wear and tear existing faults loss/damage to exchangeable parts and consumables.

Section 2:

Excess specified intrinsic value consequential loss Programming error - data media

Section 3:

Expenses due to: restrictions imposed by public authorities non-availability of funds.

Section 1:

Partial loss:

Actual expenses incurred to restore it to its former state plus cost of dismantling re-erection ordinary freight Duty (Depreciation only on parts with limited life).

Total loss:

Actual market value immediately before the loss plus ordinary freight erection charges Duty Excess Salvage are deducted.

Section 2:

Expenses incurred within 12 months and strictly necessary for restoring the data media to its pre-accident condition would alone be payable.

We Cover

• Electronic equipments such as Computers Medical Bio-Medical Micro Processors Audio-visual equipments etc.

Who can be Insured ?

• The owner of the equipment. Interest of any financier may be protected by issuing a policy in the joint names

What is insured ?

• Section 1. Material damage.
• Section 2. External data Media.
• Section 3. Increased cost of working.

Insured against what risk?