Page 221 - Liability Insurance IC74
P. 221
Guide for Liability Insurance
financial default or extension of credit arising from failure
to pay or collect its debts.
(xii)the unsuitability of or any defect in:
(a) goods or products manufactured, processed, graded,
blended, supplied or sold by the insured or on his
behalf.
(b) material used or repairs carried out by the insured
or on his behalf.
(c) any withdrawal, recall, return, inspection,
replacement or loss of use.
(xiii)Bullion, cash, bank notes, stamps, vouchers, tokens,
negotiable instruments or securities of any kind.
(xiv)any claim made by one insured made against other,
associated, parent or subsidiary company or by any
person/entity having financial/executive interest in the
insured's operation.
(xv)Seepage, Pollution or Contamination unless :
(a) Caused by a sudden or accidental event during the
Period of Insurance.
(b) The event is discovered and made aware to the
Insured within 7 days of commencement and from
the Cargo not in the Insured's care, custody or
control.
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