About Policy
Expensive, fragile, vulnerable, critical! Makes us think how a business would run without electrical & electronic equipment. The world today is increasingly more interconnected and the electronics revolution has been at the forefront, dramatically changing the way everyone works and does business. Just imagine the consequences if the computers and other electrical & electronic equipment were irreparably destroyed. The answer lies in BGIC’s Electrical & Electronic Equipment Insurance Policy. It’s just the safeguard needed to cover the assets so vital to keeping a business functioning smoothly.
Scope of Cover
- Fire, lightning, explosion
- Smoke, soot, corrosive gases
- Water and humidity
- Failure of air conditioning
- Short circuit and other electrical causes
- Design, manufacturing, assembly and erection faults, defects in casting and material, workshop errors, bad workmanship
- Faulty operation, lack of skill, gross negligence
- Malicious acts of workmen, employees, third parties
- Burglary
- Hail, frost
