Page 220 - Liability Insurance IC74
P. 220

The Insurance Times

         (iv) the handling, storage or carriage of cargo which is
         contraband or in an illegal trade.

(v) the safe working load or manufacturer's guidelines
of the insurer's handling equipment being exceeded.

(vi) any contractual penalty.

(vii) any penalties, liquidated damages, punitive or
exemplary damages are awarded a describe or any
additional damages resulting from the multiplication of
compensatory damages, fines, customs duty, sales and
excise tax or similar fiscal charges (unless Extension
provided).

(viii) mysterious disappearance or unexplained loss or
shortage upon taking a stock.

(ix)any infringement of copyright, patent, service,
registered design or trade name.

(x)inherent vice, patent or latent defects, ordinary
leakage, ordinary loss in weight or volume, ordinary
corrosion and oxidation, fatigue or gradual deterioration.

(xi)the insured's insolvency, liquidation, bankruptcy,
receivership, trading whilst insolvent or any other

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