Electronic Data Processing Coverage

Electronic data processing (EDP) is an exposure that seems to change daily. The exposure can be a large mainframe computer centers to Software as Service and data in the cloud. No matter the structure of your IT system, you need to insure the hardware, software and potential income losses associated with this equipment.

Berkley Fire & Marine Underwriters is pleased to offer a broad form EDP product that covers your most complex EDP exposure.

Electronic Data Processing Equipment Coverage — AAIS IM 7202 10 02

Property Covered

Form Title
Hardware, Protection And Control Systems,
Telecommunications Equipment, Reproduction Equipment

Software
Media, Programs, and Applications, Data Records and Proprietary Programs

Web Site Server
On Site Server, Onsite server as part of Hardware/ Software, Off Site Server

Coverage Extensions

Debris Removal
25% / $25,000

Electrical and Power Supply Disturbance
Coverage Provided

Emergency Removal
365 Days

Emergency Removal Expense
$5,000

Fraud and Deceit
$5,000

Mechanical Breakdown
Coverage Provided

Supplemental Coverages

Acquired Locations
$500,000

Earthquake Coverage
Coverage Available

Flood Coverage
Coverage Avaialble

Newly Purchased or Leased Hardware
$500,000

Off-Site Computers
$10,000

Pollutant Cleanup
$15,000

Property in Transit
$15,000

Recharge of Fire Extinguishing Equipment
$15,000

Rewards
$5,000

Sewer Backup
Coverage Available

Software Storage
$50,000

Virus and Hacking Coverage
$50,000 / $150,000

Incompatible Hardware and Media
$10,000

Income Coverage IM 7215 09 03

Coverage Options
Earnings and Extra Expense Extra Expense Only

Interruption by Civil Authority
30 days

Period of Loss Extension
30 days

Acquired Locations
60 days $50,000

Earthquake
Coverage Available

Flood
Coverage Available

Property in Transit
$10,000

Sewer Backup
Coverage Available

Utility Service Interruption, Exclusion of overhead transmission lines is available
$25,000

Virus and Hacking Coverage
$25,000 / $75,000

Income Waiting Period
24 hours

Coinsurance
Can be applied or waived

Endorsements Available

Upgrade Value Endorsement
IM 7213 10 02

Hardware and Software Exclusion
IM 7219 01 12

Electrical and Power Supply Disturbance Limitation
IM 7223 10 02

Interruption of Web Site – Income Coverage Part
IM 7229 10 02

Coinsurance Provisions
IM 7231 05 01

Production Equipment Exclusion
IM 7233 05 01

Calendar Date or Time Failure Exclusion
IM 7234 05 01

Earthquake Flood and Sewer Backup Endorsement
IM 7238 10 02

Valuation Terms

Hardware
Functional Replacement

Web Site Server
Functional Replacement

Software

Programs and Applications
Cost to reinstall / cost of current version

Proprietary Programs
Cost of reproduction / cost to replace, restore

Data Records
Cost of reproduction / cost to replace, restore

Media
Replace with same kind / quality