Archive for the ‘V-Clauses’ Category

VEHICLE IMPACT CLAUSE (Code 4.11) It is hereby declared and agreed that “vehicle impact” under Chapter II-EXCLUSIONS, item 1.2.2. of this Policy is deleted. The insurance hereunder is extended to cover: VEHICLE IMPACT, which for the purpose of this Endorsement shall mean: Damage to the property insured directly resulting from actual physical ... Full story

It is hereby understood and agreed that We will not pay for any Claim directly or indirectly arising out of, in consequence of, or contributed to by valuation work. Full story

It is hereby understood and agreed that this Policy is limited to cover valuation work undertaken by qualified and registered valuers only. Full story

  It is agreed that this policy shall extend to cover the legal liability of the insured within     the terms, exceptions and conditions of this policy in respect of travel out of the   geographical limits by directors executives or employees of the insured. Subject otherwise to the terms, conditions and exceptions of this Policy. Full story

It is hereby declared and agreed that the insurance by this policy is extended to cover the legal liability of the Insured in respect of damage to vehicles by the valet service under the control of the Insured or the Insured’s Parking Attendants whilst in the Car Park of the Insured. All the drivers of the valet parking service should be named/registered as permanent employees with ... Full story

In the event of the Insured’s Property being left loaded in the vehicles or freight containers overnight while in, on or about the premises hereby insured the Company will indemnify the Insured for the loss of or damage to such Property caused fire or any other perils insured hereby, providing always that the Company’s Liability shall not exceed the Sum Insured ... Full story

In the event of the Insured’s Property being left loaded in vehicles or freight containers overnight while in, on or about the premises hereby insured the Insurer will indemnify the Insured for the loss of or damage to such Property caused by fire or any other peril insured hereby, providing always that the Insurer’s Liability shall not exceed the sum insured ... Full story

VEHICLE LOAD CLAUSE In the event of the Insured’s Property being left loaded in vehicles or freight containers overnight while in, on or about the premises Full story