The Individual Professional Insurance Consultants, Team of Insurance Agents.
VALUABLE PAPERS AND RECORDS - IAR
This Policy is extended to cover computers system records including software, documents, manuscripts, valuable papers, securities, deeds micro-inscribed documents, specifications, plans, maps, films, mortgages, abstract, drawing, designs, books, business books, media and the data recorded thereib abd other records if every description, the cost and expenses of reinstating replacing reproducing or restoring the same, including :
a. The cost of gathering and/or assembling and/or researching the information
b. Information contained therein or thereon
But excluding the value to the Insured of the said information or, if such is note requires, the replacement cost of materials as blank stationary at the time and place of the Damage.
“Valuable Papers and Records” is defined as written, printed or otherwise inscribed documents and records including but not limited to books, maps, films, drawings, abstracts, deeds, mortgages, micro inscribed documents, manuscripts, and media and the date records thereon but not including money and/or securities.
“Media” is defined as materials upon which data is recorded including but not limited to paper tapes, cards, electronic memory circuits and magnetic or optical storage devices.
“Data” is defined as facts, concepts or instructions in a form usable for communications, interpretation or processing by automatic means and includes computer program.
“Securities” is defined as all negotiable and non-negotiable instruments or contracts representing either money or other property and includes revenue and other stamps in current use, tokens and ticket but does not include money.
Subscribe to:
Post Comments (Atom)
-
Where the subject-matter insured hereunder (or any apportionable part) becomes missing and after the lapse of a reasonable time has not been...
-
It is agreed that the Insured by this Section extends to include all sum which the Insured shall become legally liable to pay in connection ...
-
On Increased Value of Cargo as described herein (whether such cargo is, insured herein or otherwise) by reason of liability for and/or payme...
No comments:
Post a Comment