New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    A policy that covers the cost of repairing or replacing

    damaged electronic equipment is:
    A Electronic Equipment Insurance Correct Answer Incorrect Answer
    B Machinery Breakdown Insurance Correct Answer Incorrect Answer
    C Contractor's All Risks Insurance Correct Answer Incorrect Answer
    D Marine Insurance Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Electronic Equipment Insurance specifically covers the cost of repairing or replacing damaged electronic equipment such as computers, servers, telecommunications equipment, and other electronic devices.

    Practice Next