Engineering Electronic - Target Market Statement

What is the purpose of this product?

Cover for loss or damage to electronic equipment which can include breakdown peril on some items and cover for loss or damage to computer equipment and resultant increased costs of working or recompilation of data. Doesn’t cover full business interruption.

What is the target market?

Owners of all types of electronic equipment used for business purposes and businesses utilising computer equipment for sales, design and administration functions.

What is the non-target market?

• Computers for purely personal / non-business use
• Electronic equipment not associated with business activities

How is the product distributed?

This product can be distributed by brokers only.

Does the product demonstrate fair value?

The outcome of the Fair Value Assessment (FVA) conducted in accordance with Zurich's published FVA methodology confirms that the product provides fair value. All products listed have all passed the Fair Value Assessment and are valid until 31/08/2026.