The University of Texas System Equipment Policy provides coverage for direct physical loss or damage to scheduled miscellaneous articles such as:
- Audio/visual equipment
- Computer equipment
- Geological equipment
- Medical equipment
- Scientific equipment
The policy insures against all risks of physical loss or damage from any external cause, except as excluded within the policy. The policy provides worldwide coverage excluding North Korea, Libya, Iraq, Afghanistan, Syria, Liberia and Cuba. The policy excludes coverage during over-ocean cargo shipments, however, ocean cargo coverage can be placed to supplement the Equipment Policy.
