Properties

PROPERTY ALL RISKS

SECTION I – PROPERTY DAMAGE
To indemnify the insured against accidental physical loss destruction or damage to the property insured subject to exclusion stated within situation of risk.

SECTION II – BUSINESS INTERRUPTION
To indemnify the insured the amount of loss resulting from interruption or interference arising out of damage caused by accidental physical loss destruction to the Insured Property under Section I.

CONTRACTOR’S / ERECTION ALL RISKS

SECTION I – MATERIAL DAMAGE
To indemnify the Insured against any sudden and unforeseen physical loss or damage to the construction works from any cause other than those specifically excluded.

SECTION II – THIRD PARTY LIABILITY
To indemnify the Insured against any sums which the Insured shall become legally liable to pay as damages consequent upon:
a. accidental bodily injury or illness to third parties
b. accidental loss of or damage to property belonging to third parties occurring in direct

connection with the construction works and happening on or in the immediate vicinity of the site during the period of insurance.

The Insurer will in addition indemnify the Insured against:
a. all costs and expenses of litigation recovered by any claimant from the Insured, and
b. all legal cost and expenses incurred with the written consent of the Insurer.

Subject always to the Limit of Liability under Section II.

FIRE

To indemnify the Insured against physical loss of or damage To the property Insured caused by fire or lightning and domestic gas explosion.