Commercial Covers
Electronic Equipment Insurance
This policy cover is suitable for electronic items usually to be found in an office environment or in hospitals, Schools etc., electronic items that are not to be found in heavy industrial set ups. These will include computers, medical equipment’s (X-rays, radiology, weighing scales etc.), microscopes, PABX and other equipment’s.
The policy protects the insured equipment against any unforeseen and sudden physical loss or damage.
Causes of the loss will include;
- Accidental damage
- Fire
- Theft (an extension)
- Internal damage due to short circuiting etc.
In case of computers, the policy can also be extended to include costs of replacing lost or damaged external data media and costs of reproducing lost data. Any increased costs of working as a result of the loss or damage can also be recovered under the policy.
The policy will operate when the insured items are at work or at rest, or being dismantled for the purpose of cleaning, overhauling or being shifted within the premises, or in the course of the functions themselves. Usually a premises cover but can be extended to cover temporary transits away from the premises.
Information Required for issuance of Electronic Equipment terms;
- Location of the equipment to be insured
- Value of the equipment
- Structure of the building where the equipment is stored
- New or Old Equipment
- Condition of the equipment
- Quality of the staff operating the equipment
- Other risks associated
Benefits of Working with Above Board Insurance Brokers
At Above Board Insurance Brokers, we simplify Electronic Equipment Insurance
by offering expert advice and connecting you with top providers. As brokers, we find the best coverage at the best prices, saving you time and effort.
- Tailored Coverage: We customize car insurance to fit your specific needs.
- Expert Advice: Our team helps you choose the right policy with confidence.
- Time and Cost Savings: We do the research, saving you time and potentially lowering premiums.
- Claim assistance: We are dedicated in efficient handling and management of claims for our clients.
- Peace and Comfort: Transnep is keen in selecting a pool of insurance companies with sound financial stability for insuring clients’ risks.
- Customer Service: Transnep prides itself a 24-Hour dedicated center for customer support.