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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