Electronic Equipment Policy

[@epsirani5014]

Thank You for your efforts sir

[@pallaganichalapathirao165]

Hi Sir, How to cover the Desktops and other electronic items purchase by the insured and have not put in the operation. Can those items covered under EEI section?

[@VPinsupedia]

Ideally EEI policy should be taken only one it becomes operational. HOWEVER this can be covered under standard fire policy before being operational.

[@pallaganichalapathirao165]

@@VPinsupedia Thank you Sir

[@prakalptalegaonkar8185]

Hello Sir, many of Package policies always include Electronic Equipments in FIre, Burglary, EEI and MBD section? Whereas EEI is ALL RISK section so why such practice is followed ?

[@VPinsupedia]

it is wrong practice adopted by insurance companies which is to be corrected. this is one of the way to increase premium

[@machone2858]

Sir if 3 nos of computer are damaged at the same time due to short circuit, how many times should we apply Condition of average? 1 or 3 times? And how many times should we apply excess? In my opinion.. average 3 times and excess 1 time .. what's your view sir

[@VPinsupedia]

You are right average clause will be applied three times but policy excess would be applied only once.

[@pallaganichalapathirao165]

Sir, 1. Claims under EEI & PEEI sections should be settled on MV basis or RI value basis ? 2. Under PEEI section the worldwide coverage is available, In case If any client have a subsidiary company outside the India, can client take coverage for those portable items under Parent company policy (Indian Insurer) ?

[@VPinsupedia]

1. All partial loss claims are settled without application of depreciation except for limited life components. However total loss clams to be settled on market value business subject to checking adequacy of sum insured. 2. All portable electronic equipments are to the covered under All risk insurance policy because standard EEI policy covers only fixed equipments and machines. 3. Indian interest abroad can be covered provided the concerned underwriter is satisfied with the condition and maintenance of electronic equipments.

[@pallaganichalapathirao165]

@@VPinsupedia Thank you Sir

[@rashmisachdeva613]

What about solar plant equipment to be covered in eei?

[@VPinsupedia]

yes can be covered other than inverter and Transformers

[@VIVEKKUMARSINGH-IBMIN]

sir kindly differentiate between eep and portable eep

[@VPinsupedia]

already replied this query from you on my telegram group