What is electronic data processing insurance coverage?
Electronic data processing (EDP) insurance covers damage to computers, media, and data. This coverage is important if your business depends on computers to carry out its day-to-day operations. It fills many of the gaps that exist in standard commercial property policies with regard to electronic equipment.Click to see full answer. Thereof, what are the types…
Electronic data processing (EDP) insurance covers damage to computers, media, and data. This coverage is important if your business depends on computers to carry out its day-to-day operations. It fills many of the gaps that exist in standard commercial property policies with regard to electronic equipment.Click to see full answer. Thereof, what are the types of data processing? The first two key types of data processing I’m going to talk about are scientific data processing and commercial data processing. Scientific Data Processing. Commercial Data Processing. Automatic versus Manual Data Processing. Batch Processing. Real Time Data Processing. ONLINE PROCESSING. MULTI PROCESSING. TIME SHARING. Additionally, what is electronic data processing equipment? Electronic data processing equipment is tangible hardware that accumulates, processes and stores data. Rather than insuring computers as office or manufacturing equipment, the Electronic Data Processing (EDP) insurance coverage form commonly covers: hardware. software. media. Similarly, you may ask, what is data coverage? Coverage data. From Wikipedia, the free encyclopedia. A coverage is the digital representation of some spatio-temporal phenomenon. ISO 19123 provides the definition: [a] feature that acts as a function to return values from its range for any direct position within its spatial, temporal or spatiotemporal domain.What does EDP stand for in insurance? electronic data processing
