P U R A N A V A

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Electronic Equipment

Electronic & Portable Equipment Insurance

Electronic & Portable Equipment (EEI) Insurance is essential for users of electronic devices. This insurance policy covers sudden and unforeseen material damage to electronic equipment. EEI Insurance combines coverage for fire and allied perils, machinery breakdown, and burglary.

The sum insured should represent the present-day replacement value of similar new equipment, including all incidental costs and erection expenses.

Coverage Under EEI

EEI is an all-risk policy that covers damage caused by:

  • Smoke, soot, dust, corrosive gases, etc.
  • Environmental contamination
  • Water and humidity
  • Short circuits
  • Falling objects and entry of foreign objects
  • Fire, lightning, explosions
  • Human errors such as faulty, careless, or negligent operations
  • Riots, strikes, malicious damage
  • Theft and burglary
  • Natural calamities like floods, inundation, storms, cyclones, and earthquakes
  • Subsidence, landslides, and rockslides

EEI Insurance provides comprehensive protection for electronic and portable equipment, ensuring coverage against a wide range of risks and potential damages.

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