Electronic Equipment Insurance covers all electric equipments with moderate power requirements against material damage. Electronic equipment comprises of all electrical and electronic systems such as:

• Electronic Data Processing (EDP) equipment
• Electrical equipment for medical use
• Communication facilities
• Lighting and navigation facilities
• Equipment for research and materials testing

The Insurance protects the owner as the operator, the lesser, or the maintainer and the hirer.
Electronic equipment insurance is "accident" insurance on an all risks basis covering sudden and unforeseen losses which physically affect the subject matter insured. It covers losses due to fire, lightning, explosion, smoke, soot, corrosive gases , water and humidity, failure of air conditioning , short circuit and other electrical causes, design, manufacturing, assembly and erection faults, defects in casting and material, workshop errors, bad workmanship, faulty operation, lack of skill, gross negligence, malicious acts of workmen, employees, third parties, burglary, hail, frost etc.