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Electronic Shield Insurance
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This insurance is specially designed to cover electronic equipment such as computers.
THE POLICY
The policy will indemnify the Insured as a result of any unforseen and sudden physical loss or damage to the electronic equipment by any cause (other than the exclusions specified in the policy), in a manner necessitating repair or replacement.
It can also be extended to cover consequential loss due to loss or damage to the equipment as follows:
EXTERNAL DATA MEDIA
Restoration of loss or damage to external data media by replacing new external data media and expenses incurred in the re-construction and re-recording of information.
INCREASE IN COST OF WORKING
Rental of substitute electronic data processing equipment and cost of personal expenses and transportation of material.
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