Electronic equipment can be very expensive and is easily susceptible to theft and
damage. To protect your interests, HDFC ERGO’s Portable Electronic Equipment policy
covers accidental damage and breakdown including fire, theft, robbery and malicious
damage to new portable electronic equipment such as broadcasting, film, camera,
audio-visual, diagnostic and medical equipment.
All Risks which fall under the category of fortuitous or accidental.
- War, and war like perils
- Acting on behalf of or in connection with any political organisation, requisition
or destruction or damage by order of any government de-jure or de-facto or any public,
municipal or local authority
- Nuclear Reaction, Nuclear radiation or radioactive contamination
- Willful act or willful negligence of the Insured or his representative
- Derangement of the Insured property not accompanied by damage otherwise covered
by this policy
- Loss of or damage to the property covered under this policy falling under the terms
of the Maintenance Agreement
- Loss or damage caused by any faults or defects existing at the time of commencement
of the present insurance within the knowledge of the insured, or his representatives,
whether such faults or defects were known to the company or not
- Wear and tear, cavitations, erosion, corrosion, incrustation, gradual deterioration
due to atmospheric conditions
- Any costs incurred in connection with the elimination of functional failures
- Normal maintenance of the insured items
- Loss or damage where manufacturer or supplier is responsible
- Loss of or damage to hard disk & read-write head whilst in transit except when
caused by an insured damage to the whole computer
- Scratches on painted polished or enamelled surfaces
- Any unexplained disappearance of the Insured item
- Terrorism