Power Up Protection for Your Tech!
When Tech Fails, We Wire You Back Up!
- India's top equipment insurers, tech-tested protection
- Complete Coverage, Circuit to System
- Electronic Insurance Made Simple, Expert Tech Shield
- Every Device Protected, Every Breakdown Covered
Electrical & Electronic All-Risk Insurance
Electrical & Electronic All-Risk Insurance Clients
What is Electrical & Electronic All-Risk Insurance
Electronic Equipment Insurance: Your Tech’s Ultimate Guardian Angel!
Think of electronic all-risk insurance as having a tech-savvy superhero watching over every wire, circuit, and motherboard in your business! It’s comprehensive protection for electrical and electronic equipment against breakdowns, short circuits, power surges, and all those “tech gremlins” that make IT managers cry.
Whether you’re running MRI machines in hospitals or server farms in data centers, this insurance ensures that when technology decides to take an unscheduled vacation, your business doesn’t suffer a permanent breakdown. It’s like AppleCare for your entire business infrastructure – minus the long phone queues!
Why Is This Policy Vital for Tech-Dependent Businesses?
Because Technology Is Expensive, But Downtime Is Priceless!
Indian businesses invest ₹2-5 crore in critical equipment, with replacement costs rising 15% annually. A single MRI machine costs ₹10 crore, while data center downtime costs ₹5-7 lakh per hour. Electronic equipment insurance is the difference between “quick fix” and “business extinction.” It’s survival insurance for the digital infrastructure economy!
Who Needs Electrical & Electronic All-Risk Insurance?
Hospitals & Healthcare Facilities
MRI machines, CT scanners, X-ray systems, and medical equipment need specialized breakdown coverage against power surges and mechanical failures.
Data Centers & IT Companies
Servers, networking equipment, cooling systems, and UPS units require comprehensive protection against electrical and electronic failures.
Manufacturing & Industrial Units
CNC machines, automated systems, industrial robots, and process control equipment need breakdown and electronic component coverage.
Broadcasting & Media Houses
Studio equipment, transmission systems, cameras, and broadcasting technology require all-risk electronic equipment protection.
Hotels & Hospitality
HVAC systems, kitchen equipment, elevators, and building management systems need comprehensive electrical breakdown coverage.
Telecom & Communication
Cell towers, transmission equipment, networking hardware, and communication systems require specialized electronic equipment insurance.
Types / Add-ons Commonly Offered
Machinery Breakdown
Sudden mechanical and electrical failures
Transit & Exhibition Cover
Money in Safe & Transit
Fidelity / Employee Dishonesty
Valuation / Appraisal Add-on
Mysterious Disappearance
What Electrical & Electronic All-Risk Insurance Covers
Short Circuit
Power Surge
Mechanical Breakdown
Electrical Failure
Electronic Component Damage
Operator Error
Overheating
Motor Burnout
Software Corruption
Lightning Strike
Fire & Explosion
Water Damage
Inclusions & Exclusions
Inclusions
Sudden Breakdown
Unforeseen mechanical, electrical, and electronic failures during normal operations
Physical Damage
Fire, explosion, short circuit, and power surge damage to insured equipment
Operator Error
Accidental damage caused by human mistakes and operational errors
Replacement Costs
Parts, labor, and repair expenses up to equipment reinstatement value
Temporary Replacement
Rental costs for substitute equipment during repair periods
Exclusions
Wear & Tear
Normal aging, gradual deterioration, and routine maintenance issues excluded
Consequential Losses
Indirect costs beyond specified business interruption coverage excluded
War & Nuclear
Military actions, terrorism, and nuclear hazards typically excluded
Intentional Damage
Deliberate sabotage or willful misconduct not covered
Cosmetic Damage
Scratches, dents, and appearance issues without functional impact excluded
Insurance Partners
We’re Partners With 20+ Major Insurance Companies
FAQ's
Physical damage from viruses (like overheating) is covered, but pure software corruption without hardware damage isn't. Think hardware yes, software separately!
Nope! Regular check-ups are your responsibility. Insurance kicks in when things break unexpectedly, not during scheduled oil changes!
Yes! Lightning strikes, power surges, and sudden voltage spikes damaging equipment are fully covered. Electrical tantrums = covered!
Breakdown covers internal mechanical failures; all-risk adds external perils like fire, theft, and transit damage. All-risk = everything, breakdown = machinery mood swings!
Portable devices can be covered with specific endorsements, but need to be declared and may have location restrictions!
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Most straightforward claims process within 15-30 days after surveyor assessment. Complex cases may take 45-60 days depending on technical evaluation!
Customers Says..
Dr. Amit Patel Director, Patel Diagnostic Center, Ahmedabad)
Mr. Suresh Kumar (Owner, Kumar Precision Engineering, Pune)
"Your business runs on technology, and technology runs on insurance. Don't let equipment breakdowns break your business dreams. Electronic all-risk insurance ensures that tech failures become minor hiccups, not major catastrophes."
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