The additional expenditure necessarily and reasonably incurred by you to:
prevent or minimise the interruption of or interface with the work normally carried out by or on the computer equipment
recompile or restore data or software, or replace third party proprietary software
in direct consequence of loss or damage to property insured caused by insured peril 1 (exclusion f shall not apply). The maximum we will pay in total during the period of insurance is £10,000. 2
Incompatibility of computer records
The costs of:
modification of the computer equipment or
replacement of computer records together with reinstatement of programs and/or information thereon
whichever is the lesser amount to achieve compatibility in the event that the loss of computer equipment has resulted in undamaged computer records being incompatible with the replacement computer equipment. The maximum we will pay in total during the period of insurance is £5,000. 3
Additional Rental
The additional rental arising out of the replacement of a lease/hire agreement in respect of the property insured by a new contract for similar property consequent upon loss or damage insured by this section. The maximum we will pay in total during the period of insurance is £5,000.
Settling claims Inflation Protection Clause We will adjust the sum insured in line with suitable indices of costs and the renewal premium for this section will be based on the adjusted sum insured. Limit of Liability The maximum amount payable during any period of insurance is: A Computer equipment the sum insured shown in the schedule adjusted in accordance with the inflation protection clause B
Computer records
£5,000. Subrogation Waiver We agree to waive any rights of subrogation against any user of the computer equipment provided that:
the user has your authority to use the computer equipment and
the user as if they were you, observes, fulfils, and is subject to the Terms, Exclusions and Conditions of this section.
Section Nine: Terrorism Your schedule will show you if this cover applies. This section is applicable to Section one (Buildings), Section two (Contents) and Section three (Loss of income) only. Notwithstanding anything stated herein to the contrary this insurance, in consideration of the payment of the premium specified in the schedule and its Insurance Premium Tax, is extended for the period of insurance stated in the schedule to include loss or damage to the property insured and loss of rent resulting there from insofar and to the extent that it is insured in the United Kingdom other than Northern Ireland (meaning England and Wales and Scotland but not the territorial seas adjacent thereto as defined Commercial Combined-1109
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