Electronic Equipment
Comprehensive Protection for Your Electronic Assets
Protect your business from unexpected financial losses due to damage or breakdown of essential electronic equipment. Our Electronic Equipment Insurance provides comprehensive coverage for laptops, desktops, servers, and other critical devices, ensuring smooth operations without disruptions.
Key Benefits
- Covers accidental damage, fire, theft, and breakdown
- Protection for both fixed and portable electronic equipment
- Includes data media loss and restoration costs
- Minimizes financial impact on business operations
- Ensures quick recovery with hassle-free claims
Health Cover Up
to ₹50 Lacs
What is Electronic Equipment?
Electronic equipment includes devices like computers, servers, and diagnostic tools essential for business operations. Protecting them is crucial to prevent disruptions and financial losses.
Why do you need Electronic Equipment?
Financial Protection
Avoid high repair or replacement costs due to accidental damage, theft, or breakdown.
Business Continuity
Minimize downtime and keep operations running smoothly without unexpected disruptions.
Comprehensive Coverage
Get protection against fire, theft, malicious damage, and data loss.
Hassle-Free Claims
Quick and efficient claim processing for a stress-free experience.
Why choose Insurance Manager to protect your business?
Comprehensive Protection for Your Workforce
Ensure employee well-being with complete health insurance coverage.
Comprehensive Protection for Your Workforce
Ensure employee well-being with complete health insurance coverage.
Cost-Effective Group Insurance Plans
Affordable plans with benefits like maternity, critical illness, and dependent coverage.
Cost-Effective Group Insurance Plans
Affordable plans with benefits like maternity, critical illness, and dependent coverage.
Peace of Mind for Employers and Employees
Reduce financial stress with cashless claims and reimbursement options.
Peace of Mind for Employers and Employees
Reduce financial stress with cashless claims and reimbursement options.
Boost Employee Productivity and Retention
Build loyalty and motivation by easing economic and mental burdens.
Boost Employee Productivity and Retention
Build loyalty and motivation by easing economic and mental burdens.
What does Electronic Equipment cover and exclude?
Plan Coverage
Comprehensive Equipment Protection
Ensures your electronic devices are safeguarded against unforeseen damage and loss.
Data Media Restoration
Covers the cost of restoring your external data media after an incident.
Substitute Equipment Coverage
Provides financial protection for costs incurred when using substitute equipment to continue operations.
Accidental Damage Coverage
Protects against any sudden or accidental damage to essential electronic equipment.
Fire and Theft Protection
Covers losses resulting from fire, theft, or other malicious activities affecting your equipment.
Business Continuity Assurance
Guarantees that your business operations remain uninterrupted with quick recovery options.
Breakdown and Malfunction Coverage
Covers the costs of equipment breakdowns or mechanical failures, ensuring minimal downtime.
Restoration of Critical Data
Financially covers the expenses needed to restore vital data lost due to damaged equipment.
- In-patient treatment 24 hours a day
- Pre-existing disease
- Pre and Post hospitalization
- Domiciliary hospitalization expenses
- Reimbursement of cost of health check-up
- All day care procedure
- Family floater to covers member’s immediate family such as a spouse, dependent children, dependent parents, etc.
- Maternity benefits
- Dental treatment
- Cost of spectacles, contact lenses
- Waiver of waiting period
- Waiver of first-year exclusions
- Reimbursement of ambulance costs
- Baby day one care
- Vaccination benefits
- Increased room rent limits
- Corporate buffer
- Out-patient treatment (OPD Card)
- Root canal surgery
- In-hospitalization expenses due to sickness or accidents
- Room and boarding expenses as provided by the hospital/nursing home.
- Nursing expenses.
- Surgeon, anesthetist, medical practitioner, consultants or specialist fees.
- Anesthesia, blood, oxygen, operation theatre charges, surgical appliances, medicines and drugs, diagnostic materials and X-Ray, dialysis or chemotherapy.
Major Exclusions
Wear and Tear Exclusion
Does not cover damage resulting from normal aging or gradual deterioration of equipment.
War and Nuclear Perils
Excludes coverage for damage caused by war, terrorism, or nuclear events.
Willful Acts and Negligence
Does not cover damage caused by intentional acts or gross negligence.
Aesthetic Defects
Excludes cosmetic damage that does not impact the functionality of the equipment.
Consequential Loss
Does not cover losses resulting from the indirect effects of an incident, such as lost profits.
Pressure Wave Damage
Excludes damage caused by the pressure from aircraft or other aerial devices.
Data Loss from False Programming
Does not cover costs resulting from errors in programming, labeling, or inadvertent cancellation of data.
Data Media Replacement Costs
Excludes the cost of replacing data media or recovering lost data due to magnetic interference or other technical issues.
- Treatment of pre-existing illnesses.
- Any treatment for illnesses/diseases within the first 30 days of the policy, unless it is an accident.
- Treatment of specified illnesses for the first year of the policy.
- Certain diseases like hernia, cataract, piles, sinusitis, etc are excluded during the first year of operation in the cover.
- Any claim arising out of or traceable to pregnancy.
- Ayurvedic, homeopathy, naturopathy or any other form of local medication.
- Alcoholism, drug abuse, and AIDS.
- Dental treatment or surgery unless it requires hospitalization.
- Cost of spectacles.
- Vaccination and inoculation.
- Cosmetic treatment.
Your Journey to Insurance Manager
When can I Claim?
A claim under Electronic Equipment can be registered in the below circumstances:
- Accidental Damage – Covers unexpected physical damage to electronic equipment.
- Theft or Robbery – Protection against stolen devices due to burglary or forced entry.
- Fire or Malicious Damage – Claims for losses caused by fire, vandalism, or sabotage.
Claim what’s yours with Insurance Manager
Have more questions?
Submission
Assessment
