Electronic Data Processing Equipment, Data, and Software

EDP Equipment and media/software includes all electronic property and equipment that is generated by a microprocessor or other memory device (please note that EDP definitions vary widely with insurance policies). In addition to the perils described above, other causes of loss commonly insured under an EDP form include: electrical damage, power surge, brown-out, short circuit and magnetic damage or erasure of EDP data and/or software, mechanical breakdown, change in temperature or humidity, computer virus and earthquake and flood. For example, coverage would apply if a software virus infected your information systems and destroyed all the data saved on the hard drives.

TriNet offers insurance as part of an HR outsourcing arrangement or as a stand-alone offering. For more information about TriNet Insurance Services, please call 1-888-842-6805.