Insurance / Latest News
   Fire Insurance
   General Accident & Liability Insurance
   Personal Accident & Life Insurance
  Latest News

   Announcement of AGM to be held on 27th March 2017

   Q4 2016 Financial results

   Corporate governance report 2015

   SICO BOD Report -3rd Qtr'10

   SICO 3rd Qtr Results
Electronic Equipment Insurance (EEI)
Features: Covering Material damage for many types of electrical equipment, including;  
Electronic Data Processing (EDP) equipment.
Electrical and Radiation equipment for medical use.  
Communication facilities. (Tele-printers, Telephone Exchange & Units, photocopiers, Ultrasonic equipments, CT Scan etc.)  

Data Media: Material damage and loss of information suffered by external data media (magnetic disks, magnetic tapes, magnetic cards, etc.)  
Increased cost of working: Additional expenses for computer operations due to insured's computer breakdown and arrangement for hire computing facilities becomes necessary.

Benefits:  The policy provides indemnity against losses, which arise suddenly and unexpectedly and materially affect the subject matter insured, other than those specifically excluded.  

Premium is calculated as a percentage of the new replacement value of the insured items. For leased equipment the premium is fixed according to the extent of liability in the contract of hire.