Robot Insurance

1. Robot Property Damage Insurance: Covers damage to the robot itself caused by fire, explosion, natural disasters, design or installation errors, material defects, operational errors and electrical faults. 2. Robot Product Liability Insurance: Compensates for the financial liabilities incurred by the insured for bodily injury or direct property damage to a third party caused by design or operational defects in the robots manufactured or sold by the insured. 3. Robot Third-Party Liability Insurance: Provides cover for bodily injury or property damage to third parties resulting from accidents during the operation of a robot. 4. Robot Extended Warranty Liability Insurance: Offers supplementary cover for repair, replacement or return costs arising from product quality issues beyond the original warranty period, based on the insured’s provision of warranty services in accordance with the manufacturer’s specified warranty terms. 5. Robot Product Quality Guarantee Insurance: Compensates for repair, replacement, or return expenses incurred due to quality defects in the robots manufactured or sold by the insured. 6. Robot R&D Cost Loss Insurance: Covers cost losses resulting from the failure of a robot research and development project.