Page 117 - Agriculture Policy Wording Binder

Combined Liability (Claims-made Basis)
PROVIDED THAT:
loss of or damage to such animals is not insured under this Extension.
3. Automatic acquisitions
The indemnity afforded by this Sub-Section of the Policy will apply automatically to all operations including premises acquired, established or created during the period of insurance;
PROVIDED THAT:
1. the Insured notify the Company in writing with full underwriting information:
1.1 within 90 (ninety) days for new acquisitions where annual turnover is not more than 15% (fifteen percent) of the Insured’s last published annual turnover figure and there is no material alteration to the business or risk;
1.2 as soon as practicable for new acquisitions other than as detailed in 1.1 above;
1.3 at the beginning of any new period of insurance if this is earlier than 1.1 or 1.2 above;
2. turnover for any new acquisitions will be declared in accordance with Specific Policy Condition 7 where this Sub-Section of the Policy is written on an adjustable basis;
3. the Company reserves the right to:
3.1 establish a separate rate and premium, and if appropriate, terms where the Sub-Section of the Policy is written on a nonadjustable basis and the total annual turnover of the new acquisitions represents an increase in turnover greater than 15% (fifteen percent) of the estimate provided at the beginning of the period of insurance; or
3.2 accept or deny coverage at the time of notification and to establish a separate rate and premium and, if appropriate, terms for any such coverage where the new acquisition represents a material alteration to the business or risk.
4. Cycles or animal drawn vehicles
The indemnity by this Section is extended to include the Insured's legal liability arising from any cycle or animal drawn vehicle belonging to the Insured or whilst in the custody or control of the Insured including the death of or injury to any person not being an employee of the Insured whilst being carried in or upon or entering or getting on to or alighting from a cycle or animal drawn vehicle.
5. Crop spraying
The indemnity by this Section is extended to include the Insured's legal liability arising from crop spraying with insecticides and similar items on farmlands or veld in the possession of or occupied by the Insured;
PROVIDED THAT:
the Company shall not indemnify the Insured for any liability that may arise out of aerial spraying of crops, plantations, farmlands or veld.
6. Cross liability
If the Insured comprises more than one party, the Company will provide indemnity to each in the same manner and to the same extent as if a separate Policy had been issued to each;
PROVIDED THAT:
the total liability of the Company for all liability sustained by any or all of the Insureds will not exceed the Limit of Indemnity stated in the Schedule applicable to this Sub-Section of the Policy.
7. Damage to leased or rented premises
Notwithstanding Exception 1 to this Sub-Section, the indemnity provided under this Sub-Section will extend to include liability for accidental loss of, or damage to premises (including fixtures or fittings) leased or hired by, or rented to the Insured under a written contract or agreement, but this Extension will not apply to liability:
Policy Wording – Agriculture – Binder – Version 2 2023 Page | 115