Information & Network Technology Errors & OmissionInformation & Network Technology Errors & Omission

Information & Network
Technology Errors &
Omissions Insurance Policy

  • Introduction
  • What’s covered?
  • Why Choose HDFC ERGO?

Introduction

HDFC ERGO General Insurance understands the risks facing companies that operate in an environment where innovation is a business imperative, not a lofty goal. Our technology specialists have helped companies build a portfolio of third-party Liability solutions such as Errors & Omissions insurance and intellectual property insurance to help protect a company's bottom line from the financial devastation of a lawsuit.

We insure a wide range of companies within the Information & Network Technology industry, ranging from hardware to software to service companies.

 

What's Covered?

cov-acc

IT and Telecommunications

  • Equipment Manufacturing
  • Computer and peripheral equipment manufacturers Read More...
cov-acc

Software Development

  • Pre-packaged software
  • Operating systems
  • Networking Software Read More...
cov-acc

Telecommunication Services

cov-acc

Information Technology Services

  • Data processors and system integrators.
  • Data storage and retrieval servicesRead More...

Information & Network Technology Errors & Omission

Information and network technology companies are facing greater risks than ever before - especially when it comes to product and service performance. botched orders… payroll delays… foul-ups in the processing of records… losses of data… failures in delivery… all potentially caused by products or projects that have gone wrong. Read More...

Three levels of protection

Value

 
This product is just that- great value for the money. It helps protect a company in the event it becomes legally obligated to compensate customers for consequential damages they suffer after acceptance of the company's product or service and arising out of the company's error or omission.

Standard

 
This product helps protect a company in the event it becomes legally obligated to compensate its customers for consequential damages suffered prior to and after acceptance of the company's product or service and arising out of the company's error or omission.

Premier

 
This top-of-the-line product offers Standard level protection, plus protection against customer claims demanding the return of amounts they paid for technology products or services.

Optional Coverages

All three levels of protection can be further enhanced to provide insurance for the following cutting-edge exposures:

Security breach / Unauthorized Access by Others
Intellectual Property Infringement Risk
Privacy Violation Risk

 
HDFC ERGO General Insurance offers a full complement of additional insurance products, including commercial automobile, workers compensation, Directors & officers and crime

Why does your company need INT Errors and Omissions?

Consider the following scenarios: A communications company sues for lost revenue and expenses to recover billing files for wireless customers that were deleted by their software vendor who was updating the system. INT Errors and Omissions responds to the suit settlement of $750,000 plus defense costs of $150,000.

A personal computer Assembler issued by a group of consumers in a class action suit. The suit alleges that the company's equipment did not live up to advertised specifications. Citing issues such as lack of speed and poor Upgrade capability, they demand full refunds. INT Errors and Omissions responds to the suit settlement of $1,600,000.

Additional InformationFor more information about Errors & Omissions insurance for information and network technology companies, call us on our toll-free number 1800-2-700-700 or write to us at care@hdfcergo.com
Why HDFC ERGO?

Secured Over 1 Crore+ Smiles!

Trust redefines relations at HDFC ERGO. We consistently strive to make insurance easier, more affordable and more dependable. Here promises are kept, claims are fulfilled and lives are nurtured with utmost commitment.
Why HDFC ERGO?

All the support you need 24x7

We understand that in times of distress, instant help is the need of the hour. Our In-house claims team provides round the clock support to ensure hassle-free claim experience. We ensure to be your constant support system in times of need.
Why HDFC ERGO?

Catering customer needs

Since, last 16 years, we have been catering to endless customer requirements endlessly. By providing wide range of plans for every portfolio.
Why HDFC ERGO?

Transparency at its best

HDFC ERGO General Insurance claims are settled with utmost transparency and ease.
Why HDFC ERGO?

Awards

We have received the ICAI Award of the Year and excellence in financial reporting for the year FY: 18-19.
Why HDFC ERGO?

Secured Over 1 Crore+ Smiles

Trust redefines relations at HDFC ERGO. We consistently strive to make insurance easier, more affordable and more dependable. Here promises are kept, claims are fulfilled and lives are nurtured with utmost commitment.

All the support you need-24x7

We understand that in times of distress, instant help is the need of the hour. Our In-house claims team provides round the clock support to ensure hassle-free claim experience. We ensure to be your constant support system in times of need.

Catering customer needs

Since, last 16 years, we have been catering to endless customer requirements endlessly. By providing wide range of plans for every portfolio.

Transparency at its best

HDFC ERGO General Insurance claims are settled with utmost transparency and ease.

Awards

We have received the ICAI Award of the Year and excellence in financial reporting for the year FY:18-19.
Awards & Recognition
x