Page 375 - Fire Insurance Ebook IC 57

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(ii) Cover granted under the policy is:
(a) Section I : Material Damage and
(b) Business Interruption.

(iii) The policy in its widest form covers :
(a) Fire and all Special Perils.
(b) Burglary
(c) Machinery Breakdown/ Boiler Explosion/ Electronic
equipment Insurance.
(d) Business Interruption (Fire and all Special Perils).
(e) The Machinery Loss of Profit cover (Optional).

(iv) The losses excluded are:
(a) Damage to property insured caused by:
(i) faulty or defective design material or
workmanship, inherent vice, latent defect,
gradual deterioration, deformation or distortion,
wear and tear.
(ii) Interruption of the water, gas, electricity or fuel
supply, failure of the effluent disposal systems
to and from the premises.

If damage by a covered cause ensues, then however
the insurer is liable for that ensuing damage.

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