Electronic equipment insurance

• The physical loss of, or damage to, the insured property stated on your policy schedule (as long as the cause isn't excluded).
• Cover as stated on your policy schedule.
• Partial loss (we will pay to get your electronic equipment back in working order)
• Total loss (either replacement value or market value, according to King Price's terms)
• Architects and other professional fees.
• Clearing costs.
• Express delivery and overtime.
• Increased cost of working.
• Reinstatement of data/programs.

Loss or damage to property due to or caused by

• Disfunctioning or malfunctioning, unless accompanied by physical damage covered by this section.
• Loss or damage recoverable in terms of a maintenance or leasing agreement.
• Faults or defects known to you (or your responsible employees) and any consequential fault or defect.
• Wastage of material, wear and tear, poor contacts or scratching of painted and polished surfaces of a cosmetic nature.
• Parts with a short life span.
• The costs of reproducing data or programs (unless otherwise stated on your policy schedule).
• Loss of the use of the insured property or other consequential loss, damage or liability (unless specifically covered by the king).
• Theft or disappearance (with exceptions and conditions as stated on your policy schedule).
• Loss or theft during transit (with exceptions and conditions as stated on your policy schedule).
• Theft from a motor (with exceptions and conditions as stated on your policy schedule).
• Fines or penalties for breach of contract for late or non-completion of orders or any other penalties.
• Loss of profit (unless otherwise stated on your policy schedule).
• Any additional increase in loss.
• Viruses, Trojans and worms.

• Telecoms access lines.
• Non-forcible and violent entry into a motor.
• Incompatibility cover.
• Riot and strike.