Insurance of electronic equipment
«All risks»
Coverage on an "all risks" basis covers all cases of damage or destruction of property, except for exclusions specifically stipulated in the insurance contract.
Named perils are defined in the contract, the most common of which are
- Errors in the operation of equipment
- Negligence of personnel and criminal acts of third parties
- Exposure to electric current (short circuit), a sharp increase in current or voltage in the power grid, exposure to inductive current
- Defects in materials, design errors during manufacture or installation
- Fire risks
- Water damage
- Natural disasters
- Unlawful acts of third parties, including theft, robbery and assault
- Computing, telecommunications and other IT equipment
- Precision mechanics and optics (measuring devices, photo and video equipment, equipment for the television or film industry, etc.)
- Medical equipment
Benefits of insurance in INGO
Additional information
Additional coverage is available upon request (the list is not exhaustive):
- sudden power outage from power supply systems
- failure of air conditioning systems
- ordinary theft (without breaking and entering)
- use of the insured equipment for experimental or research purposes
- expenses for cleaning the territory after the insured event
Important
Additional coverage is provided within sublimits and increases the insurance rate.
outlook - «Evolving»
8.12.2023
What determines the cost of insurance?
The cost of insurance depends on the value of the equipment itself, the general condition of the premises where it is located, the qualifications of the staff, and the assessment of management and risk management.
What will be the insurance indemnity in case of partial damage to electronic equipment?
In case of partial damage to the insured electronic equipment, the insurance indemnity shall be paid in the amount of the costs of its restoration.
For how long can I conclude an insurance contract?
The standard term of the insurance contract is 1 year, but another term may be determined by agreement of the parties.
Is it possible to attribute the insurance premium to the gross costs of the enterprise?
Thus, the costs of machinery and equipment insurance are fully included in its gross costs.
