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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.

Section 3:
  • Rental expenses incurred for substitute equipments on hourly basis.
  • Personal expenses.
  • Transportation charges.

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