{"uin":"IRDAN141P0011V01200910","name":"Electronic Equipment Policy","url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910","insurer":{"slug":"raheja-qbe-general-insurance","name":"Raheja QBE General Insurance Co. Ltd.","url":"https://indiainsurances.com/insurer/raheja-qbe-general-insurance"},"line":"general","category":"engineering","category_name":"Engineering","irdai_type":"Main product","kind":"product","status":"active","approved_on":"2021-12-23","withdrawn_on":null,"summary":"Electronic Equipment Insurance Policy covers insured electronic equipment against unforeseen and sudden physical loss or damage from causes other than excluded causes, with cover for external data media and increased cost of working where entered in the schedule. The equipment sum insured must equal replacement cost of new property of the same kind and capacity, and claims are reduced proportionately if the sum insured is less than required.","analysis":{"state":"machine","analysed_at":"2026-10-20 08:26:23.522031+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":"No named plan variants are printed in the wording.","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 wording refers to the period of insurance stated in the Schedule and any subsequent renewal period, but does not print a fixed policy term.","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, giving an indication of the nature and extent of loss or damage. The Company is not liable if notice has not been received within 14 days of the occurrence.","display":"Immediately by telephone or telegram and in writing; no liability if notice is not received within 14 days of occurrence.","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":"8(a)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-8-a"},{"clause":"8(e)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-8-e"}],"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","inform the police authorities in case of loss or damage due to theft or burglary or any other criminal act"],"display":"Information and documentary evidence required by the Company; bills and documents proving repairs or replacement; police intimation for theft, burglary or other criminal act.","note":null,"quote":"furnish all such information and documentary evidence as the Company may require; ... inform the police authorities in case of loss or damage due to theft or burglary or any other criminal act ... 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":"8(d)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-8-d"},{"clause":"8(e)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-8-e"},{"clause":"2(c)","heading":null,"page":7,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-2-c-2"}],"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":"No claim decision or payment timeline is printed; the wording only says payments are made after the Company is satisfied with necessary bills and documents.","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 other than the cost of delivery of replacements for machinery lost or damaged","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","loss, damage cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any act of terrorism","Dish Antenna is excluded from the scope of cover under this policy","portable Electronic Equipments like notebook, lap top computer, sonography are also excluded under EEI Policy","loss or damage caused by any faults or defects existing at the time of commencement of the present insurance within the knowledge of the insured","loss or damage as a direct consequence of the continual influence of operation","any costs incurred in connection with the maintenance of the insured items","consequential loss or liability of any kind or description","loss of or damage to bulbs, valves, tubes, ribbons, fuses, seals, belts, wires, chains, rubber tyres, exchangeable tools, engraved cylinders, objects made of glass, porcelain or ceramics sieves or fabrics, or any operating media"],"display":"War and related acts; nuclear risks; wilful act or negligence; cessation of work; movement outside India; derangement without covered damage; maintenance-agreement losses; terrorism; dish antenna and portable electronic equipment; known pre-existing faults; wear and tear or gradual deterioration; maintenance costs; consequential loss; specified consumables and operating media.","note":null,"quote":"1 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 other than the cost of delivery of replacements for machinery lost or damaged. ... 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. ... this insurance excludes loss, damage cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any act of terrorism ... Dish 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. ... loss or damage caused by any faults or defects existing at the time of commencement of the present insurance within the knowledge of the insured, or his representatives, whether such faults or defects were known to the company or not; ... loss or damage as a direct consequence of the continual influence of operation (e.g. wear and tear, cavitations, erosion, corrosion, incrustation) or of gradual deterioration due to atmospheric conditions; ... any costs incurred in connection with the maintenance of the insured items, such exclusion also applying to parts exchanged in the course of such maintenance operations; ... consequential loss or liability of any kind or description; ... loss of or damage to bulbs, valves, tubes, ribbons, fuses, seals, belts, wires, chains, rubber tyres, exchangeable tools, engraved cylinders, objects made of glass, porcelain or ceramics sieves or fabrics, or any operating media (e.g. lubricating oil, fuel, chemicals);","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/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-1"},{"clause":"2","heading":null,"page":1,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-2"},{"clause":"3","heading":null,"page":1,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-3"},{"clause":"4","heading":null,"page":1,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-4"},{"clause":"5","heading":"Cost Incurred/time involved in the movement of machinery and/or any other property and/or","page":1,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#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/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#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/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-7"},{"clause":"8","heading":null,"page":2,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-8"},{"clause":"Section I","heading":"EQUIPMENT","page":5,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-section-i"},{"clause":"2(b)","heading":null,"page":5,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-2-b"},{"clause":"2(c)","heading":null,"page":5,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-2-c"},{"clause":"2(e)","heading":null,"page":5,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-2-e"},{"clause":"2(h)","heading":null,"page":6,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-2-h"},{"clause":"2(i)","heading":null,"page":6,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-2-i"}],"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":"not-stated","value":null,"display":null,"note":"The wording contains an arbitration clause but does not state a grievance route or first complaint authority before the Insurance Ombudsman.","quote":null,"sources":[],"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","material damage caused by peril covered under Section 1","additional costs which the Insured shall incur to ensure continued data processing on substitute equipment"],"display":"Unforeseen and sudden physical loss or damage from any cause other than excluded causes; material damage to external data media from Section I perils; additional costs for substitute equipment after indemnifiable material damage.","note":"Section II applies to external data media entered in the Schedule, and coverage against restoration of data is granted only if a backup system is available. Section III is subject to limits of indemnity stated 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 ... if the external data media entered in the Schedule inclusive of the information stored thereon, which can be directly processed in EDP systems, shall suffer any material damage caused by peril covered under Section 1 of this Policy ... the Company hereby agrees to indemnify the Insured up to but not exceeding the limits of Indemnity stated in the Schedule for all additional costs which the Insured shall incur to ensure continued data processing on substitute equipment","sources":[{"clause":"1","heading":"SCOPE OF COVER","page":5,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-1-2"},{"clause":null,"heading":"SCOPE OF COVER –","page":8,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-scope-of-cover"},{"clause":"Section III","heading":"INCREASED COST OF WORKING","page":9,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-section-iii"}],"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 wording refers to the Excess or Time Excess stated in the Schedule, but does not print the deductible amount.","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":"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":"8(e)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-8-e"}],"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 wording applies to insured items at work, at rest, being dismantled, cleaned, overhauled or shifted within the premises; external data media cover applies while kept on the Premises. It excludes movement of machinery, other property or personnel outside the territorial limits of India, except delivery of replacements for machinery lost or damaged.","display":"Within the premises for insured items and data media; movement costs outside India are excluded except delivery of replacements.","note":"The wording does not name the insured premises; that depends on the Schedule.","quote":"whether they are at work or at rest or being dismantled for the purpose of cleaning or overhauling or in the course of aforesaid operations themselves or when being shifted within the premises or during subsequent re-erection. ... 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. ... This cover applies while the insured data media are kept on the Premises.","sources":[{"clause":null,"heading":"ELECTRONIC EQUIPMENT INSURANCE POLICY","page":1,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-electronic-equipment-insurance-policy"},{"clause":"5","heading":"Cost Incurred/time involved in the movement of machinery and/or any other property and/or","page":1,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-5"},{"clause":null,"heading":"SCOPE OF COVER –","page":8,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-scope-of-cover"}],"law":[]},{"key":"equipment_covered","label":"Equipment or project covered","section":"Cover","meaning":"What is insured.","status":"quote-verified","value":"Electronic equipment such as computers, medical, biomedical, micro-processors and audio/visual equipment including Systems Software may be covered. The term equipment includes the entire computer system consisting of CPU, keyboards, monitors, printers, stabilizers, UPS, system software etc.; dish antenna and portable electronic equipment like notebook, laptop computer and sonography are excluded.","display":"Electronic equipment including computers, medical, biomedical, micro-processors and audio/visual equipment, plus systems software and entire computer system; excludes dish antenna and portable electronic equipment.","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, System Software etc. ... Dish 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":"EQUIPMENT","page":5,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#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 cost of replacement by new property of the same kind and same capacity, including freight, dues and customs duties, if any, and erection costs; it includes the value of System Software. For destroyed insured items, indemnity is based on actual value immediately before loss, calculated by deducting proper depreciation from replacement value.","display":"Replacement cost of new property of the same kind and same capacity, including freight, dues, customs duties and erection costs; total loss indemnity uses actual value after depreciation.","note":null,"quote":"It is a requirement of this insurance that 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. ... The sum insured of the equipment insured under this section shall include the value of ‘System Software’. ... In cases where an insured item is destroyed, the Company will pay the actual value of the item immediately before the occurrence of the loss, including costs for ordinary freight, erection and customs duties if any, provided such expenses have been included in the sum insured, such actual value to be calculated by deducting proper depreciation from the replacement value of the item.","sources":[{"clause":null,"heading":"SUM INSURED –","page":6,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-sum-insured"},{"clause":"2(b)","heading":null,"page":6,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-2-b-2"}],"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 proportion that the sum insured bears to the amount required, and every item is subject separately.","display":"Claims are reduced proportionately if the sum insured is less than the required amount; each item is subject 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":"2(c)","heading":null,"page":7,"url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701#c-2-c-2"}],"law":[]}],"documents":[{"kind":"wording","label":"Electronic Equipment Policy - Policy wording","pages":10,"fetched_at":"2026-10-17 19:58:40+00","source_url":"https://rahejaqbe.com/uploads/images/electronic-equipment/pdf/download/policy-wordings.pdf","url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/14701"},{"kind":"wording","label":"Electronic Equipment Insurance (IRDAI copy)","pages":10,"fetched_at":"2026-10-20 00:50:27+00","source_url":"https://irdai.gov.in/documents/37343/993134/IRDAN141RP0011V02200910.pdf/8f4e7a8c-7b2e-0c3d-fc67-34069786f602?version=1.1&t=1668843287514&download=true","url":"https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910/document/24812"}],"versions":[{"uin":"IRDAN141RP0011V02200910","version":null,"approved_on":null},{"uin":"IRDAN141P0011V01200910","version":null,"approved_on":null}],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"Raheja QBE General Insurance official website","url":"https://www.rahejaqbe.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://rahejaqbe.com/claims","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://rahejaqbe.com/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."}],"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 Policy (UIN IRDAN141P0011V01200910), IndiaInsurances, https://indiainsurances.com/policy/raheja-qbe-general-insurance/electronic-equipment-policy-irdan141p0011v01200910"}