Computer All Risk
Protect your valuable data & assETS.
This policy is specifically designed to provide compensation for physical loss or damage to computer systems and electronic equipment. Coverage includes all major catastrophe perils as well as accidental physical damage. The main hazards that are considered for this type of cover are fire, water damage, theft and physical damage to the equipment.
Computer related material items are covered, but this does not include the data that is stored on media sources on the system.
This means all parts of the electronic data processing installation including tapes, cards, disks, disk packs, and any other data carrying media.
This may also include other items such as air conditioning, temperature and environmental control equipment, power supply and voltage regulating control equipment and interconnecting wiring.
Why choose Covenant Insurance Brokers?
Why do you Computer All Risks insurance?
Computer All Risks Insurance will provide three main types of coverage:
Material damage – to the computer hardware and ancillary equipment e.g. air conditioning plant.
Consequential Loss – Replacement of data media following material damage to or misuse or contamination of the computer system.
Maintenance – Additional costs for the continuation of computer operations following material damage to the computer system, using other installations, including rental, overtime and data media.
Cover for loss of or damage to the equipment from accidental causes while situated at the insured premises; it covers damages arising from impact, water damage, malicious damage, and damage due to negligence or carelessness.
Covers loss of revenue or additional expenses in using alternative facilities, as well as cost of recompiling lost data.