Computer Systems Coverage


Coverage is available for the following exposures and is underwritten as an integral part of a Bankers Blanket Bond:-

Coverage is available for the following exposures:
  • Damage to computer and communications equipment, data and software.
  • Gross revenue interruption loss and additional costs following:

    • Loss of data and software including viruses, hackers and software faults.
    • Failure of telecommunications and market information services.
    • Damage to equipment including fire, explosion, theft, flood etc.
    • Breakdown.
    • Failure of electricity.
    • Prevention of access.

  • Lost revenue due to buildings or property of the client being damaged.
  • Loss of computer debtor balances, research and development expenditure and financial penalties for breach of contract or agreement are optional.
  • Damage caused by criminals intent on fraud and subsequent interruption but not the resultant loss of money or frauds which are insured under a Bankers' blanket or computer crime policy.

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