All-Risk Insurance for Electronics and Gadgets
This policy is specifically designed to provide a comprehensive protection to home appliances, computing and mobile gadgets against accidental damage or loss of such gadget as a result of any insurable perils (e.g. fire, theft, breakage, vandalized, damaged in transit, flood etc.) except such perils that are specifically excluded in the policy.
Electronics & Gadgets insurable under this policy are in 3 Categories as follows:
Category 1: Electronics and Home Appliances – TVs, ACs, Audio Players, Refrigerators, Washer & Dryers, Generators etc.
Category 2: Portable & Computing Gadgets – Laptops, Printers, Game Consoles, Cameras etc.
Category 3: Mobile Devices – Smartphones, Tablets & Smart Watches Only
Insurance covers applicable on each of above categories include:
a. All-Risks Cover (Accidental damage or loss of gadget as a result of all insurable perils not excluded) – Category 1 & 2
b. Screen Damage Cover (Accidental Crack/Water Damage to Screen Only) – Category 3
Applicable premium under this policy are in bands based on the electronics or gadget cost. They will be available in 20 bands for Category 1 Gadgets and 15 bands each for Category 2 & 3 Gadgets respectively.
