LEG 1, LEG 2, LEG 3/1996 – The London Engineering Group Model “Defects Exclusion”
- Monday, December 10, 2012, 16:12
- Contractors’ All Risks (CAR), Erection All Risks (EAR)
- 4 comments
LEG 1, LEG 2, LEG 3/1996 – The London Engineering Group Model “Defects Exclusion”. Please download here
LEG 1/96 – The London Engineering Group Model “Outright” Defects Exclusion
The Insurer(s) shall not be liable for:
Loss or damage due to defects of material workmanship design plan or specification.
LEG 2/96 – The London Engineering Group Model “Consequences” Defects Wording
The Insurer(s) shall not be liable for:
All costs rendered necessary by defects of material workmanship design plan or specification and should damage occur to any portion of the Insured Property containing any of the said defects the cost of replacement or rectification which is hereby excluded is that cost which would have been incurred if replacement or rectification of the Insured Property had been put in hand immediately prior to the said damage.
For the purpose of this policy and not merely this exclusion it is understood and agreed that any portion of the Insured Property shall not be regarded as damaged solely by virtue of the existence of any defect of material workmanship design plan or specification
LEG 3/96 – The London Engineering Group Model “Improvement Consequences” Defects Wording
The Insurer(s) shall not be liable for:
All costs rendered necessary by defects of material workmanship design plan or specification and should damage occur to any portion of the Insured Property containing any of the said defects the cost of replacement or rectification which is hereby excluded is that cost incurred to improve the original material workmanship design plan or specification.
For the purpose of this policy and not merely this exclusion it is understood and agreed that any portion of the Insured Property shall not be regarded as damaged solely by virtue of the existence of any defect of material workmanship design plan or specification.
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4 Comments on “LEG 1, LEG 2, LEG 3/1996 – The London Engineering Group Model “Defects Exclusion””
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Hi, Pak
mohon penjelasan, LEG 1/96 sepertinya memang sudah ada di Special Exclusion wording MunichRe ya..?, kalau untuk LEG 2/96 dan 3/96 contoh penjelasannya seperti apa ya, pak.. Thanks before
Benar Novita, itu “faulty design exclusion”
perbandingannya bisa dilihat di sini
https://ahliasuransi.com/faulty-design-cover-in-carear-mr115-mr200-v-de1-de2-de3-de4-de5-1995-v-leg1-leg2-leg3-1996-endorsements/
Can you tell us more about this? I’d like to find out some additional information.
can the LEG 2/96 clause be used in policies for all operational risks that cover Thermoelectric units?
Would this be relevant to the operational risk and how? Please help