{"uin":"IRDAN134CP0011V01200809","name":"Electronic Equipment Insurance","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809","insurer":{"slug":"universal-sompo-general-insurance","name":"Universal Sompo General Insurance Company Limited","url":"https://indiainsurances.com/insurer/universal-sompo-general-insurance"},"line":"general","category":"engineering","category_name":"Engineering","irdai_type":"Main Product","kind":"product","status":"active","approved_on":"2022-09-07","withdrawn_on":null,"summary":"Electronic Equipment Insurance covers electronic equipment against unforeseen and sudden physical loss or damage from causes not specifically excluded. The equipment sum insured is on replacement-cost basis, and if it is lower than the required amount the claim is reduced proportionately.","analysis":{"state":"machine","analysed_at":"2026-10-20 08:24:16.172944+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"not-stated","value":null,"display":null,"note":"The documents describe sections and optional covers, but do not name plan variants.","quote":null,"sources":[],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"not-stated","value":null,"display":null,"note":"The policy refers to the period of Insurance stated in the schedule; no fixed policy term is printed.","quote":null,"sources":[],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"Immediately notify the Company by telephone or telegram as well as in writing; the Company is not liable if no notice is received within 14 days of the occurrence.","display":"Immediate telephone or telegram and written notice; no liability if notice is not received within 14 days","note":null,"quote":"immediately notify the Company by telephone or telegram as well as in writing giving an indication as to the nature and extent of loss or damage; ... The Company shall not in any case be liable for loss, damage or liability of which no notice has been received by the Company within 14 days of its occurrence.","sources":[{"clause":null,"heading":"5) Duties Following An Accident-","page":2,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-5-duties-following-an-accident"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["all such information and documentary evidence as the Company may require","necessary bills and documents that the repairs have been effected or replacements have taken place"],"display":"All information and documentary evidence required; necessary bills and documents that repairs or replacements have been done","note":null,"quote":"furnish all such information and documentary evidence as the Company may require; ... The Company will make payments only after being satisfied, with necessary bills and documents that the repairs have been effected or replacements have taken place, as the case may be.","sources":[{"clause":null,"heading":"5) Duties Following An Accident-","page":2,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-5-duties-following-an-accident"},{"clause":null,"heading":"BASIS OF INDEMNITY –","page":5,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-basis-of-indemnity"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"not-stated","value":null,"display":null,"note":"The policy says payment is made after the Company is satisfied with bills and documents, but does not promise a decision or payment timeline.","quote":null,"sources":[],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["War, Invasion, Act of foreign Enemy, Hostilities or War Like operations","Nuclear Reaction, Nuclear radiation or radioactive contamination.","Willful act or willful negligence of the Insured or his representative.","Cessation of work whether total or partial.","Cost Incurred/time involved in the movement of machinery and/or any other property and/or personnel outside the territorial limits of India","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.","act of terrorism","faults or defects existing at the time of commencement of the present insurance within the knowledge of the insured","continual influence of operation","maintenance of the insured items","manufacturer or supplier of the insured items is responsible either by law or under contract","consequential loss or liability of any kind or description"],"display":"War and warlike operations; nuclear risks; wilful act or negligence; cessation of work; movement outside India; derangement without covered damage; maintenance-agreement losses; terrorism; known faults or defects; continual operation or gradual deterioration; maintenance costs; manufacturer or supplier responsibility; consequential loss or liability","note":null,"quote":"War, Invasion, Act of foreign Enemy, Hostilities or War Like operations (whether war be ... Nuclear Reaction, Nuclear radiation or radioactive contamination. ... Willful act or willful negligence of the Insured or his representative.; ... Cessation of work whether total or partial. ... Cost Incurred/time involved in the movement of machinery and/or any other property and/or personnel outside the territorial limits of India ... 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. ... act of terrorism ... faults or defects existing at the time of commencement of the present insurance within the knowledge of the insured ... continual influence of operation ... maintenance of the insured items ... manufacturer or supplier of the insured items is responsible either by law or under contract ... consequential loss or liability of any kind or description","sources":[{"clause":"1","heading":"War, Invasion, Act of foreign Enemy, Hostilities or War Like operations (whether war be","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-1"},{"clause":"2","heading":null,"page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-2"},{"clause":"3","heading":null,"page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-3"},{"clause":"4","heading":null,"page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-4"},{"clause":"5","heading":"Cost Incurred/time involved in the movement of machinery and/or any other property","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-5"},{"clause":"6","heading":"Derangement of the Insured property not accompanied by damage otherwise covered by this","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-6"},{"clause":"7","heading":"Loss of or damage to the property covered under this policy falling under the terms of the","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-7"},{"clause":"8","heading":null,"page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-8"},{"clause":"2","heading":"SPECIAL EXCLUSION TO SECTION - I","page":4,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-2-2"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"You may register a grievance or complaint on the insurer's website, write to contactus@universalsompo.com, contact the branch where the policy was bought or the Complaints Coordinator at the Registered Office; if unresolved, approach the Insurance Ombudsman.","display":"Website or contactus@universalsompo.com; branch or Complaints Coordinator at Registered Office; then Insurance Ombudsman if unresolved","note":null,"quote":"In case You are aggrieved in any way, You may register a grievance or Complaint by visiting Our website or write to us on contactus@universalsompo.com.\nYou may also contact the Branch from where You have bought the Policy or the Complaints Coordinator who can be reached at Our Registered Office. ... If the issue still remains unresolved, You may, subject to vested jurisdiction, approach Insurance Ombudsman for the redressal of Your grievance.","sources":[{"clause":null,"heading":"GRIEVANCES","page":9,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-grievances"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"perils","label":"What is covered","section":"Cover","meaning":"The events or risks covered.","status":"quote-verified","value":["unforeseen and sudden physical loss or damage from any cause, other than those specifically excluded"],"display":"Unforeseen and sudden physical loss or damage from any cause, other than those specifically excluded","note":"External Data Media and Increased Cost of Working are separate sections and apply only where the relevant media or limits are entered in the Schedule.","quote":"the items or any part thereof entered in the Schedule shall suffer any unforeseen and sudden physical loss or damage from any cause, other than those specifically excluded, in a manner necessitating repair or replacement","sources":[{"clause":"1","heading":"SCOPE OF COVER","page":4,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-1-2"}],"law":[]},{"key":"deductible","label":"Deductible or excess","section":"Limits and co-pay","meaning":"Amount of each claim you bear.","status":"not-stated","value":null,"display":null,"note":"The policy refers to the Excess stated in the Schedule and Time Excess stated in the Schedule, but no amount or time excess is printed in the wording.","quote":null,"sources":[],"law":[]},{"key":"cancellation_refund","label":"Cancellation by you","section":"Renewal and rights","meaning":"What you get back if you cancel during the year.","status":"quote-verified","value":"If the Insured requests termination, the Company retains premium calculated at the customary short period rate for the time the policy has been in force.","display":"Refund after the Company retains premium at the customary short period rate for the time the policy has been in force","note":null,"quote":"This Insurance may be terminated at any time at the request of the Insured; in which case the Company will retain the premium calculated at the customary short period rate for the time the Policy has been in force.","sources":[{"clause":"10","heading":"Termination Of Insurance","page":4,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-10"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 64VB","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 8","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 6","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 17","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, IV.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"territory","label":"Where it covers","section":"Overview","meaning":"Geographic area of cover: India only, worldwide, or listed countries. 'As stated in the schedule' is not an answer.","status":"quote-verified","value":"The policy excludes cost or time for moving machinery, other property or personnel outside the territorial limits of India, other than the cost of delivery of replacements for machinery lost or damaged.","display":"India; movement costs outside territorial limits of India are excluded except delivery of replacements","note":"Section II also says external data media cover applies while the insured data media are kept on the Premises.","quote":"Cost Incurred/time involved in the movement of machinery and/or any other property and/or personnel outside the territorial limits of India other than the cost of delivery of replacements for machinery lost or damaged.","sources":[{"clause":"5","heading":"Cost Incurred/time involved in the movement of machinery and/or any other property","page":1,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-5"}],"law":[]},{"key":"equipment_covered","label":"Equipment or project covered","section":"Cover","meaning":"What is insured.","status":"quote-verified","value":"All electronic equipment such as computers, medical, biomedical, micro-processors and audio/visual equipment including Systems Software may be covered. Computer system includes CPU, keyboards, monitors, printers, stabilizers, UPS and system software; dish antenna and portable electronic equipment like notebook, lap top computer and sonography are excluded.","display":"Electronic equipment such as computers, medical/biomedical, micro-processors and audio/visual equipment including system software; computer systems include CPU, keyboards, monitors, printers, stabilizers, UPS and system software","note":null,"quote":"All Electronic equipments like Computers, Medical, Biomedical, Micro- processors; Audio/Visual equipments including the value of Systems Software may be covered under Electronic Equipment Policy. The term equipment shall include the entire computer system consisting of CPU, Keyboards, Monitors, Printers, Stabilizers, UPS, and System Software etc.\nDish Antenna is excluded from the scope of cover under this policy. Further portable Electronic Equipments like notebook, lap top computer, sonography are also excluded under EEI Policy.","sources":[{"clause":"Section I","heading":"EQUIPMENTS","page":4,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-section-i"}],"law":[]},{"key":"sum_insured_basis","label":"Sum insured basis","section":"Cover","meaning":"How the cover amount is set: market value, reinstatement value, agreed value, IDV.","status":"quote-verified","value":"For equipment, the sum insured must equal the replacement cost of new property of the same kind and capacity, including freight, dues and customs duties, if any, and erection costs, and includes System Software. External data media sum insured is the amount required to restore the data media and reproduce lost information; Increased Cost of Working uses the declared indemnity limit per hour and total sum insured.","display":"Equipment: replacement cost of new property of the same kind and capacity, including freight, dues/customs duties and erection costs; includes System Software","note":"External Data Media and Increased Cost of Working apply only if those sections or limits are included in the Schedule.","quote":"the Sum Insured shall be equal to the cost of replacement of the insured property by new property of the same kind and same capacity, which shall mean its replacement cost including freight, dues and customs duties, if any and erection costs.\nThe sum insured of the equipment insured under this section shall include the value of ‘System Software’. ... the sum insured shall be the amount required for restoring the insured external data media by replacing lost or damaged data media by new material and reproducing lost information. ... The `indemnity limit per hour' and `total sum insured’ stated in the schedule shall be declared by the insured.","sources":[{"clause":null,"heading":"SUM INSURED –","page":5,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-sum-insured"},{"clause":null,"heading":"Memo 1 Sum Insured –","page":7,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-memo-1-sum-insured"},{"clause":null,"heading":"Memo 2 SUM INSURED –","page":8,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-memo-2-sum-insured"}],"law":[]},{"key":"under_insurance","label":"Under-insurance (average) clause","section":"Limits and co-pay","meaning":"If the sum insured is less than the real value, claims are cut in proportion.","status":"quote-verified","value":"If the sum insured is less than the amount required to be insured, the Company pays only in the same proportion as the sum insured bears to the required amount; each item is subject to this separately.","display":"If sum insured is less than required, claim is paid in the same proportion; each item separately","note":null,"quote":"If the sum insured is less than the amount required to be insured as per Provisions applying to Section - I hereinabove, the Company will pay only in such proportion as the sum insured bears to the amount required to be insured. Every item if more than one shall be subject to this condition separately.","sources":[{"clause":null,"heading":"BASIS OF INDEMNITY –","page":5,"url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841#c-basis-of-indemnity"}],"law":[]}],"documents":[{"kind":"wording","label":"Electronic Equipment Insurance - Policy Wordings","pages":34,"fetched_at":"2026-10-17 20:13:23+00","source_url":"https://www.universalsompo.com/assets/file/electronic-equipment-insurance/electronic-equipment-insurance-policy-wordings.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17696"},{"kind":"wording","label":"Electronic Equipment Insurance - Retail - Policy Wordings","pages":30,"fetched_at":"2026-10-17 20:15:27+00","source_url":"https://www.universalsompo.com/assets/file/electronic-equipment-insurance-retail/electronic-equipment-insurance-retail-policy-wording.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17757"},{"kind":"wording","label":"Electronic Equipment Insurance - Policy Wording","pages":14,"fetched_at":"2026-10-17 20:17:21+00","source_url":"https://www.universalsompo.com/assets/file/withdrawn-products/withdrawn-products-1/electronic-equipment-insurance/policy-wordings.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17841"},{"kind":"wording","label":"Electronic Equipment Insurance Policy (IRDAI copy)","pages":16,"fetched_at":"2026-10-20 00:44:15+00","source_url":"https://irdai.gov.in/documents/37343/993134/IRDAN134RP0028V01202223.pdf/5a799801-7a38-f5ea-60fc-3a20115fb6f6?version=1.0&t=1675768346332&download=true","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/24459"},{"kind":"prospectus","label":"Electronic Equipment Insurance - Prospectus / Brochure","pages":22,"fetched_at":"2026-10-17 20:13:13+00","source_url":"https://www.universalsompo.com/assets/file/electronic-equipment-insurance/electronic-equipment-insurance-policy-prospectus.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17686"},{"kind":"prospectus","label":"Electronic Equipment Insurance - Retail - Prospectus / Brochure","pages":24,"fetched_at":"2026-10-17 20:15:21+00","source_url":"https://www.universalsompo.com/assets/file/electronic-equipment-insurance-retail/electronic-equipment-insurance-retail-prospectus.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17754"},{"kind":"prospectus","label":"Electronic Equipment Insurance - Prospectus/Sales Literature","pages":2,"fetched_at":"2026-10-17 20:17:18+00","source_url":"https://www.universalsompo.com/assets/file/withdrawn-products/withdrawn-products-1/electronic-equipment-insurance/prospectus.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17831"},{"kind":"rider","label":"Electronic Equipment Insurance - Adds On","pages":7,"fetched_at":"2026-10-17 20:04:01+00","source_url":"https://www.universalsompo.com/assets/file/electronic-equipment-insurance/electronic-equipment-insurance-adds-on.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17456"},{"kind":"rider","label":"Electronic Equipment Insurance - Retail - Adds On","pages":8,"fetched_at":"2026-10-17 20:07:42+00","source_url":"https://www.universalsompo.com/assets/file/electronic-equipment-insurance-retail/electronic-equipment-insurance-retail-Add-on.pdf","url":"https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809/document/17560"}],"versions":[{"uin":"IRDAN134RP0028V01202223","version":null,"approved_on":null},{"uin":"IRDAN134CP0075V01202122","version":null,"approved_on":null},{"uin":"IRDAN134CP0011V01200809","version":null,"approved_on":null}],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"Universal Sompo General Insurance official website","url":"https://www.universalsompo.com/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claims","url":"https://www.universalsompo.com/claims/","note":null},{"purpose":"claim","kind":"insurer","name":"Motor claim intimation","url":"https://www.universalsompo.com/claimintimation/","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Grievance redressal","url":"https://www.universalsompo.com/resourse-grievance-redressal/","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"renew","kind":"insurer","name":"Renew now","url":"https://www.universalsompo.com/renew-now/","note":null}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"Electronic Equipment Insurance (UIN IRDAN134CP0011V01200809), IndiaInsurances, https://indiainsurances.com/policy/universal-sompo-general-insurance/electronic-equipment-insurance-irdan134cp0011v01200809"}