Electronic Equipment Breakdown Insurance
Electronic Equipment Insurance covers your items in the sudden and unforeseen event. The cover is essentially an “accident” cover for your electronic items. It includes cover for electrical and/or mechanical breakdown for total and / or partial loss and assists you in getting your equipment back up and running.
Business Interruption Extension due to Breakdown
Business interruption coverage provides financial protection for lost income and additional expenses when electronic equipment breakdown causes operational disruptions. It ensures businesses maintain financial stability during unexpected equipment failures.
Repair and Replacement costs due to Electrical or Mechanical Breakdown
This component covers the costs of repairing or replacing electronic equipment experiencing electrical or mechanical breakdowns. It addresses the financial burden of restoring equipment to operational condition through comprehensive repair or replacement support.
Data Restoration
Data restoration coverage protects businesses from potential financial and operational losses by covering the costs of recovering or reconstructing critical data after electronic equipment malfunctions. It helps minimize disruptions caused by unexpected data loss.
Accidental Damage
Accidental damage coverage extends protection to include unexpected physical damage to electronic equipment. It provides financial support for repairs or replacements resulting from sudden and unforeseen incidents like impacts or drops.
Your protection -
Our priority
Don't let the complexity of insurance get in the way of your peace of mind. Simply fill out the form and one of our expert insurance brokers will contact you to help you find the coverage you need.
What types of electronic equipment are typically covered?
Electronic Equipment Breakdown Insurance typically covers business and professional electronic devices, including computers, servers, specialised machinery, communication equipment, medical devices, and industrial control systems.
How quickly are claims processed for electronic equipment breakdown?
Claims are processed through a streamlined approach involving equipment assessment, verification of breakdown causes, and rapid evaluation of repair or replacement needs to minimise business disruption.
Does Electronic Equipment Breakdown Insurance cover both new and older electronic equipment?
Most policies can be adapted to cover both new and existing electronic equipment, with coverage terms varying based on the equipment’s age, condition, and specific policy provisions.
Can the insurance be customized for specific business needs?
Yes, Electronic Equipment Breakdown Insurance can be tailored to address unique electronic equipment requirements, offering flexible coverage options for different industries and operational risks.
Let us lead you to victory.
Why work with Knightsbridge Insurance Group?
Knightsbridge Insurance Group is an Insurance Broking Business with over 70 years of collective insurance experience and is founded on generational values that make you feel secure, protected and cared for. As we grow and expand the Knightsbridge Family, we continue to have a deep understanding of your desire to innovate and be extraordinary — both in business and in life.
We Give to Earn
Evolution is a Process — not a One-Off
Great Minds, Think Differently (not Alike)
Connection Matters
The most important thing in communication is hearing what isn’t said.
Peter Drucker
