1. This Section covers the accidental damage to the insured equipment against “All Risks,” namely:

Fire, Lightning, Explosion/Implosion, Aircraft Damage, Riot, Strike, Malicious and Terrorism Damage, Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood and Inundation, Impact Damage, Subsidence Land slide, Rock slide, Bursting and/or overflowing of Water Tanks, Apparatus and Pipes, Missile Testing operations, Leakage from Automatic Sprinkler Installations, Bush Fire (Fire & Allied Perils)

Electrical & Mechanical Breakdowns

2. In short, the cover provided is for damage caused by unforeseen and sudden physical loss or damage from any cause (other than those specifically excluded- explained in subsequent paragraphs) in a manner necessitating repair or replacement.

3. This Section covers Loss/Damage to external Data Mediai.e. Tapes, Discs, magnetic drives etc caused by any peril as mentioned earlier in Section-I.

The cost of restoration of the stored data can also be covered (provided backup system is available)

4. Increased cost of working (ICOW) for use of substituted electronic equipment for continued data processing following indemnifiable damage to insured electronic equipment can be covered under this Section.