Electronic equipment insurance is an ”accident” insurance on an all risks basis covering sudden and unforeseen losses, which physically affect the subject matter insured. Losses due to the following causes give rise to the vast majority of all claims:

• Fire, lightning, explosion, failing aircraft
• 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 and gross negligence
• Malicious acts of workmen, employees, third parties
• Burglary
• Hail & frost