Page 364 - Fire Insurance Ebook IC 57
P. 364
Fire and Consequential Loss Insurance
Excluded property
1] Money etc
2] Goods held in trust/commission unless specifically stated.
3] a) Vehicles, caravans, trailers licensed for road use, railway
locomotives or rolling stock, watercraft, aircraft, spacecraft
or the like.
b) Property in transit other than within the premises specified in
the Schedule.
c) property or structures in course of demolition construction
or erection and materials or supplies in connection therewith.'
d) land, driveways, pavements, roads, runways, railway lines,
dams, reservoirs, canals, rigs, wells, pipelines, tunnels,
bridges, docks, piers, jetties, excavations, wharves, mining,
property underground, off-shore property, unless specifically
covered.
e) livestock, growing crops, or trees
f) property damaged as a result of its undergoing any process
g) property undergoing alteration repair testing installation or
servicing including materials and supplies.
h) property more specifically insured
i) property insured if removed to any building other than as
stated in the policy.
j) property which would have been insured under marine policy.
Clauses
a) Agreed Bank Clause
b) Architects', Surveyors' and Consulting Engineers' Fees Clause
c) Designation of Property Clause
d) Omission to Insure Additions, Alterations or Extensions Clause
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