Electronic Equipment Insurance (E.E.I.) Policy
Electronic Equipment Insurance policy (E.E.I.) provides Material Damage, External Data Media and Increased Cost of Working cover to electronic equipment, installations and data storage media in the specified premises against ‘all risks’ not specifically excluded in the policy or by endorsement. Loss or damage due to breakdown of system is included in the basic cover. (Munich Re endorsement no. 591)
Items insurable under this policy should not be older than 5 years and should be working under normal conditions. Equipments should be insured only after successful completion of commissioning, testing and start-up periods.