Electronic Equipment Insurance is an accident insurance on
an All Risk basis for various types of electronic equipments
used in modern time.
The policy covers losses which arise suddenly and unforeseeably
and materially affect the equipment insured necessitating
repair or replacement.
The term electronic equipment comprises, in the context of
this insurance, all electrical systems which generally have
only a moderate power requirement.
Material damage cover under the basic Electronic Equipment
insurance, is available for many types of low and medium power
electrical equipment, including:
a) Electronic Data Processing (EDP) Equipment EDP equipment
used in research and development, commerce, administration
and industry (including computers used for the surveillance
and control of manufacturing plants).
b) Electrical and Radiation Equipment for Medical Use
c) Miscellaneous Equipment
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