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FIRE EXTINGUSHIER CHARGES – IAR, PLI

Risks : PLI, IAR The insurer by this policy extends to cover loss of or damage to the fire extinguishing appliances caused by the Insured perils. This extension is deemed to include the cost reasonably incurred of refilling the fire extinguishing appliances provided always that such cost is incurred as a direct result of the use of the fire extinguishing appliances for the extinguishment of fire endangering the safety of the insured property. The Company will not be liable for the first (Nil) for the loss in respect of the costs of refills. Provided always that the liability of he company in respect of such wages and costs shall be limited to those necessarily and reasonably incurred in extinguishing fires at or adjoining the situation of the property insured by this policy or immediately threatening to involve such property. Provided further that otherwise the insurance under this endorsement and the policy shall be subject to all terms, limitations, stipulations, exclusions, proviso and exceptions printed on, expressed in, endorse upon or attached to the policy and provided also that all of the conditions of the policy (except in so far as they may hereby varied) shall apply as if they had been incorporated herein.

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MISSING GOODS CLAUSE

Where the subject-matter insured hereunder (or any apportionable part) becomes missing and after the lapse of a reasonable time has not been located, an actual total loss of the subject-matter insured (or any apportionable party) may be presumed. For the purposes of this insurance, there shall be deemed to have been the lapse of a reasonable time where delivery to the consignees’ or other final warehouse or place of storage at the destination named herein has not been effected within 90 days of the expected date of such delivery. If, after the payment by the Insurer(s) of an actual total loss as provided for above, this subject-matter insured or whatever may remain thereof is located, the ownership and all proprietary rights incidental thereto shall be vested is the Insurer(s) the subject-matter insured of whatever may remain thereof.

TRANSMISSION AND DISTRIBUTION LINES EXCLUSION CLAUSE

All Transmission and distribution lines, including wire, cable, poles, pylons, standard towers and any equipment of any type of which may be attendant to such installation of any description. This exclusion includes but is not limited to transmission or distribution of electrical power, telephone or telegraph signal and all communication signal whether audio or visual. This exclusion applies to both above and below ground equipment except that which is within 1,000 meters of the insured’s premises or as defines in the Insurer’s policy(ies) This exclusion applies both to physical or damage to the equipment and all business interruption, consequential loss and/or other contingent losses related to transmission and distribution lines. Another Version This Insurance does not cover any loss, damage, costs or expense to any type pf above ground conductors for the transmission or distribution of electrical energy. Telephone, or telegraphic signals, and all communication signal whether audio

REPACKING CLAUSE

The cost repacking , reballage, rebagging, recartoning and/or repalletising shall be for the account of Insurers whether the interest insured has sustained damage or not provided the said repacking, reballage, rebagging, recartoning and/or repalleting is occasioned by a peril insured against even if such cost is incurred at final destination.