Page 345 - Misc Ebook IC 78

Miscellaneous Insurance

act or default of any non salaried directors or
partners.

(ii) Losses of any properties or securities or personal
property confined to the care of the insured, the
nominal value and descriptions of which have not
been ascertained by the insured before the loss.

(iii) Trading losses, whether or not within the knowledge
of the insured, notwithstanding any act or omission
on the part of the employee whether within the
scope of authority or not.

(iv) Losses caused by war and allied risks.

(v) Losses attributable to faulty computer programming
or fraudulent use of computer programme or any
EDP system.

(vi) Losses caused by earthquake, typhoon, cyclone,
flood and such other natural convulsions.

(vii)Losses caused by negligence or act of omission of
the insured employees. It may however be noted
that under Section B transit cover, losses due to
negligence of employees covered .

(viii)Losses caused by ionizingradiations or contamination

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