POWER SURGE Clause Samples

POWER SURGE. The cover under this section is extended to include damage to the landlord’s fixtures and fittings forming part of buildings covered under this section caused by power surge. Provided that;

POWER SURGE. We will not cover Loss or damage to electronic equipment caused by electricity other than lightning. REPLACEMENT COST: The amount that an entity would have to pay, at the present time, to replace the insured asset.

POWER SURGE. This Service Contract protects your covered product against damage or defects caused by a power surge up to a maximum of the replacement cost of the product over the life of the contract while your covered product is properly connected to a surge protector approved by the Underwriter’s Laboratory. Assuming appropriate connection to a UL-approved surge protector, if your covered product suffers damage from a power surge, you must first file a claim with the insurance carrier who provides your homeowner’s/renter’s insurance and/or to the power surge manufacturer’s insurance carrier for reimbursement of the cost to repair your covered product. The Administrator will reimburse any applicable carrier’s deductible up to a $1,000 limit once proof of a valid claim is provided No Lemon Guarantee – If we have completed two service repairs for the same problem on an individual product, which first began after the manufacture’s warranty term had expired, and if the product requires a third repair for the identical problem as determined by us, we reserve the right to replace the product with one of like kind and quality, not to exceed the original retail purchase price excluding shipping, handling, and taxes. Once a covered product is replaced, then this contract is considered fulfilled and coverage ends.

POWER SURGE. This service plan protects against operational failure of a covered product if a failure occurs while connected to a surge protector approved by the Underwriter’s Laboratory. Customer’s surge protector must be produced to

POWER SURGE. This feature protects your covered product against damage or defects caused by a power surge up to a maximum of the replacement cost of the product over the life of the contract while your covered product is properly connected to a surge protector approved by the Underwriter’s Laboratory. Assuming appropriate connection to a UL- approved surge protector (not required for Major Appliances), if your covered product suffers damage from a power surge, you must first file a claim with the insurance carrier who provides your homeowner’s/renter’s insurance and/or to the power surge manufacturer’s insurance carrier for reimbursement of the cost to repair your covered product. The Administrator will reimburse any applicable carrier’s deductible up to a $1,000 limit once proof of a valid claim is provided. No Lemon Guarantee – If we have completed two service repairs for the same problem on an individual product or component, which first began after the manufacturer’s warranty term had expired, and if the product or component requires a third repair for the identical problem as determined by us, we reserve the right to replace the product with one of like kind and quality, not to exceed the original retail purchase price excluding shipping, handling, and taxes. Once a covered product is replaced, then this contract is considered fulfilled and coverage ends. Preventative maintenance checks, cleaning, product diagnosis, customer education, accessory repairs/replacements, computer software related problems, and any unauthorized repairs done outside of the USA are not considered repairs for the purposes of this Replacement Guarantee.

POWER SURGE. This feature protects your covered product against damage or defects caused by a power surge up to a maximum of the replacement cost of the product over the life of the contract while your covered product is properly connected to a surge protector approved by the Underwriter’s Laboratory. Assuming appropriate connection to a UL- approved surge protector (not required for Major Appliances), if your covered product suffers damage from a power surge, you must first file a claim with the insurance carrier who provides your homeowner’s/renter’s insurance and/or to the power surge manufacturer’s insurance carrier for reimbursement of the cost to repair your covered product. The Administrator will reimburse any applicable carrier’s deductible up to a $1,000 limit once proof of a valid claim is provided. Lemon Protection – If we have completed two service repairs for the same problem on an individual product or component, which first began after the manufacturer’s warranty term had expired, and if the product or component requires a third repair for the identical problem as determined by us, we reserve the right to replace the product with one of like kind and quality, not to exceed the original retail purchase price excluding shipping, handling, and taxes. Once a covered product is replaced, then this contract is considered fulfilled and coverage ends.

POWER SURGE. The insurance under this section is extended to include loss or damage caused by power surge provided that: (i) the company’s liability for any claim or number of claims for any one event or series of events with one originating cause or source, shall not exceed R25 000 (twenty five thousand rand) or in the annual aggregate (being the period of twelve consecutive months from the inception date or anniversary date) a total amount of R50 000 (fifty thousand rand) (ii) for the purposes of this extension; cover is only extended to include the property specifically insured under this section (iii) this extension specifically excludes any consequential losses which may arise following an insured loss (iv) the insured shall be responsible for a first amount payable of 10% (ten percent) of claim minimum R1 000 (one thousand rand). Specific condition 10 Underinsurance shall not apply to this extension. This section does not cover: (a) consequential loss or consequential damage of any kind whatsoever except in the case of loss of rent as provided for in this section (b) any loss or damage as a result of structural defects, faulty design, defective workmanship, lack of maintenance, normal wear and tear, corrosion, inherent vice and latent defect (c) loss of or damage caused by sub-section A - Property peril 3 to domestic borehole pumps and electrical motors (as described in the Operative clause) which are situated below the normal flood levels.

POWER SURGE. This feature protects your covered product against damage or defects caused by a power surge up to a maximum of the lower of $500.00, or the replacement cost of the product over the life of the contract while your covered product is properly connected to a surge protector approved by the Underwriter’s Laboratory for the appropriate capacity of the covered product. A UL-approved surge protector is not required for Major Appliances. No Lemon Guarantee – If the Covered Product has three service repairs completed, which first began after the manufacturer’s warranty term had expired, and a fourth such repair is required, as determined by Us, within any twelve (12) month period, the Covered Product will be replaced with a product of like kind and quality. The cost of the replacement will not exceed the original product purchase price and may be less due to technological advances. We reserve the right to issue a voucher for the original purchase price. Once a covered product is replaced, then this contract is considered fulfilled and coverage ends. Preventative maintenance checks, manufacturer or service recalls, cleaning, product diagnosis, customer education, accessory repairs/replacements, computer software related problems, and any unauthorized repairs done outside of the USA are not considered repairs for the purposes of this No Lemon Guarantee.