Data processing coverage
Term · Insurance and risk management · MLC-T-INS-001073
An insurance policy or endorsement designed to protect against financial losses arising from damage to or loss of electronic data processing equipment, media, and data. This coverage extends to perils such as fire, theft, and mechanical breakdown, as well as business interruption resulting from such events. It addresses the unique risks associated with computer systems and digital information.
| Identifier | MLC-T-INS-001073 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001073",
"term": "Data processing coverage",
"field": "Insurance and risk management",
"definition": "An insurance policy or endorsement designed to protect against financial losses arising from damage to or loss of electronic data processing equipment, media, and data. This coverage extends to perils such as fire, theft, and mechanical breakdown, as well as business interruption resulting from such events. It addresses the unique risks associated with computer systems and digital information.",
"url": "https://mlchart.com/terminology/insurance/data-processing-coverage/"
}
Record 897 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.