Electronic Equipment Insurance

This insurance is designed to cover any loss or damage that could result while any computer and or equipment insured is working or at rest. The cover under this insurance also extends to include loss or damage to external data media such as diskettes and tapes containing processed information while such are kept within the premises.

The increase in cost of working, as a result of damage to the main computer equipment, is also covered and indemnity is provided for alternative means of carrying on operation. With payment of an additional premium, this policy can be extended to cover the risk of theft.

To enable us quote for this risk, we will require the following information:

• Make & Type of Electronic Equipment
• Current Replacement Value of the item(s)
• Cost of replacing damaged diskettes and restoring lost data
• Cost of hiring alternative computer equipment for continuation of operation, together with personnel and transportation costs