Electronics Equipment All Risks (EEI) for Engineering Insurance

The policy is specifically designed for electronic equipment like computers including cpu/keyboard/monitor/printer/stabilizer/Ups/server/systems software, electronic data processing (EDP equipment, electro-medical equipment, equipment for research and material testing, telecommunication and navigational equipment, computer system for production plant and machinery, signal and transmitting units, etc. Policy comprises three sections (01) Covers any sudden and unforeseen physical loss damage due to any cause other than those specifically excluded. Sum insured to be current new replacement value. (02) External Data Media – Perils covered are same as Section 01. Sum insured is cost of restoring the insured external data media by new material and reproducing lost information. (03) Increased Cost of Working: Additional Cost incurred during the indemnity period to avoid interruption data processing. Insured to declare the indemnity limit per hour and the total sum insured.

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