SERVICE CLAUSE – IAR, FIRE

Risks : IAR, FIRE

The Insurance by this policy relating to ‘machinery’ and ‘equipment’ extends to include telephone, gas, water and electric instruments, maters, piping, cabling and the like and accessories thereof including similar property in adjoining yards or roadways or underground all the property of the insured or of suppliers or others for which the insured are responsible.

BRAND AND LABEL CLAUSE

If branded or labeled merchandise covered by this Policy is damage, and the Insurer elects to take all or any of such merchandise at the agreed or appraised Value, the Insured may, at his own expense, stamp “salvage” on the merchandise or its container or may remove the brands or label, if such stamp or removal of brand or label will not physically damage the merchandise but the Insured shall at its own cost re-label the merchandise or containers in compliance with all of the requirements the applicable law.

ALTERATIONS CLAUSE

Notwithstanding anything  contained in the printed conditions of the Policy to the contrary, it is noted and agreed that this Insurance shall not be prejudiced in the event of any alterations being made to the property insured whereby the risk of damage is increased, provided that notice of such alteration be given to the Insurer within sixty (60) days of the commencement of such alterations and additional premium paid, if required from the date of such alteration.