This is specific kind of insurance based on “all risk” cover.

Electronic equipment insurance covers all sudden and unforeseen physical losses, which are not subject of exclusions, listed in insurance conditions. Subject of insurance are individual pieces of equipment or computer and data processing equipment of the Insured. Mainly covers material damage cause by following reasons:
• damage caused by operation
• damage caused by electric energy (short circuit, excess voltage or induction)
• damage caused by human element (faulty operation, lack of skill, negligence)
• damage caused by manufacturer (faulty design, defects in material, faults at workshop, faults in erection)