What is Electronic Equipment Insurance?

This is a policy which covers losses due to sudden and unforeseen causes. This includes the following:

  • Mechanical and electrical breakdown of equipment caused by:
    • Mechanical or electrical deficiencies
    • Faulty material or design
    • Implosion
    • Short-circuiting or over voltage
    • Lightning, inclusive of included travelling waves, magnetic fields or electrostatic inductions which are not covered by a manufacturer’s warranty or a maintenance contract
  • Electronic equipment affected by unforeseen causes
    • This comprises of mechanical and electrical breakdowns.
  • Items affected in the course of being dismantled for cleaning
    • This includes overhauling or shifting within the premises, in the course of operations or during subsequent re-erection.
Coverage can be extended to external data media e.g. tapes and disks

Key coverage

Here is an overview of your coverage



  • Material damage
    Covers all hardware installation including peripheral equipment and accessories.
  • External data media
    Covers external data media i.e. disc, tape, etc.
  • Increased cost of working
    Covers the cost of replacement equipment following material loss or damage.

How much is my premium?

Your premium may vary, depending on: 

  • Risk exposure
  • Our underwriting requirements

Download our proposal form under the Product Literature.

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What we don’t cover

  • War, civil war and any act of terrorism
  • Radioactive and nuclear energy risks
  • Willful acts or willful negligence
  • Wear and tear
  • The responsibilities of a contractor, supplier and repairer
  • Failure or interruption of gas, water or electricity services
  • Aesthetic defects
  • Consequential loss and liability of all kinds
This list is non-exhaustive. Please refer to the sample policy contract for the full list of exclusions under this policy.
Important information

This insurance is underwritten by Tokio Marine Insurance Singapore Ltd. All benefits and features mentioned here are subject to the terms and conditions of the policy. Please refer to the policy contract for the precise terms and conditions of this insurance plan. The information shown here is for reference only.

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