Archive for the ‘U-Clauses’ Category

Loss resulting from interruption of or interference with the business in consequence of Damage to property at the premises, anywhere in Australia, of any producer or merchant (or in the vicinity of such premises, which prevents or hinders the use of or access to such premises) shall be deemed to be loss resulting from Damage to property used by the Insured ... Full story

In the event of any buildings insured hereunder being damaged and due to the exercising of statutory powers and/or delegated legislation and/or authority by any Government Department, Local Government or other Statutory Authority reinstatement of such buildings has to be carried out upon any other site then the abandoned undamaged portions of such buildings will be considered as being destroyed; provided ... Full story

Where any Property Insured hereunder is damaged but the foundations thereof are undamaged and due to the exercising of statutory powers and/or delegated legislation and/or authority by any Government Department, Local Government or other Statutory Authority reinstatement of the damaged property has to be carried out upon any other site then the abandoned foundations will be considered as being destroyed; provided ... Full story

It is hereby noted and agreed that any occurrence and/or claims related to or involving underground mining and/or underground activities are excluded from this policy. Full story

It is hereby noted and agreed that occurrence and/or claim related to underground services are excluded from this Policy. Full story

It is hereby and agreed that this Policy extends to indemnify the insured for claims in respect of bodily injury or damages to property arising out of the use of vehicles (not licensed for public road) in and around the premises for the purpose of property maintenance and repair. Full story

This Policy does not cover any liability caused by, contributed to by or arising from any ingredient (medical, herbal or other) included in or forming part of the Insured’s product which is not intended to form part of the Insured’s product or has not been identified in the Insured’s product label. This exclusion also applies to any liability arising from banned or illegal ingredients (medical, ... Full story

With the effect from -------- indemnity that is granted by this Policy in respect of any judgment, award or settlement made within countries which operate under the Laws of the United State of America and/or Canada (or any Order made anywhere in the world to enforce such judgment, award or settlement either in whole or in part) is subject to the following additional terms and ... Full story

This Policy does not cover liability in respect of Personal Injury or Property Damage arising from or contributed to by: Destruction of Underground Property. The increased cost of reducing, converting or extracting any Underground Property to physical possession above the surface of the earth, or to the expense incurred or rendered necessary ... Full story

This Policy does not cover liability in respect of Personal Injury or Property Damage directly or indirectly caused by, contributed to by or arising out of any underground mining activities performed by you or on your behalf. Other than as amended above the terms, conditions and exclusions of this Policy shall continue to apply. Full story

The Insurance extends to cover any increase in Gross Profit for an amount not exceeding 25% of the Sum Insured thereon provided that the Insured undertake to advise the Insurers at  the end of the policy period of such increase and to pay the additional premium thereon. Full story

This Policy is extended to cover costs and expenses incurred by the Insured in taking inventory (including unpacking, repacking and restocking) to identify, quantify and value any property physically lost, destroyed or damaged by any insured peril including examination of property not belonging to but in the care, custody and control of the Insured. Full story

The Insurance extends to cover any increase in Gross Profit for an amount not exceeding 25% of the Sum Insured thereon provided that the Insured undertake to advise the Insurers at  the end of the policy period of such increase and to pay the additional premium thereon. Full story

This Policy does not cover liability in respect of Personal Injury or Property Damage arising from or contributed to by: Destruction of Underground Property. The increased cost of reducing, converting or extracting any Underground Property to physical possession above the surface of the earth, or to the expense incurred or rendered necessary to prevent ... Full story