EPI 56 Excluding Overtopping of Cofferdam

It is agreed that in Section 1, Material Damage the following is added to Exclusions to Section 1:

Insurers will not indemnify the Insured in respect of any loss or damage arising directly or indirectly from the overtopping of a cofferdam caused by a flood with a return period of less than the period stated below.

The burden will be on the Insured to demonstrate that this exclusion shall not apply.

Return period: 25 years.

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