Cover for Loss or Damage due to Strike, Riot and Civil Commotion (SRCC)
It is agreed and understood that otherwise subject to the terms, exclu¬sions, provisions and conditions contained in the Policy or endorsed thereon, and subject to the Insured having paid the agreed extra premium, this Policy shall be extended to cover loss or damage due to strike, riot and civil commotion which for the purpose of this Endorsement shall mean (subject always to the Special Conditions hereinafter contained) loss of or damage to the property insured directly caused by
1. the act of any person taking part together with others in any disturbance of the public peace (whether in connection with a strike or lock-out or not) not being an occurrence mentioned in condition 2 of the Special Condi¬tions hereof,
2. the action of any lawfully constituted authority in suppressing or attempting to suppress any such disturbance or in minimizing the conse¬quences of any such disturbance,
3. the wilful act of any striker or locked-out worker performed in further¬ance of a strike or in resistance to a lock-out,
4. the action of any lawfully constituted authority in preventing or attempt¬ing to prevent any such act or in minimizing the consequences of any such act.
provided that it is hereby further expressly agreed and declared that
1. all the terms, exclusions, provisions and conditions of the Policy shall apply in all respects to the insurance granted by this extension save in so far as the same are expressly varied by the following Special Conditions, and any reference to loss or damage in the wording of the Policy shall be deemed to include the perils hereby insured against,
2. the following Special Conditions shall apply only to the insurance granted by this extension, and the wording of the Policy shall apply in all respects to the insurance granted by the Policy as if this Endorsement had not been made thereon.
Special Conditions
1. This insurance shall not cover
a) loss or damage resulting from total or partial cessation of work or the retarding, interruption or cessation of any process or operation,
b) loss or damage occasioned by permanent or temporary dispossession resulting from confiscation, commandeering or requisition by any lawfully constituted authority,
c) loss or damage occasioned by permanent or temporary dispossession of any building resulting from the unlawful occupation by any person of such building,
d) consequential loss or liability of any kind or description, any payments over and above the indemnity for the material damage as provided herein
provided nevertheless that the Insurers are not relieved under b) or c) above of any liability to the Insured in respect of physical damage to the property insured occurring before dispossession or during temporary dispossession.
2. This insurance shall not cover any loss or damage occasioned by or through or in consequence, directly or indirectly, of any of the following occurrences, namely
a) war, invasion, act of foreign enemy, hostilities or warlike operations (whether war be declared or not), civil war,
b) mutiny, civil commotion assuming the proportion of or amounting to a popular rising, military rising, insurrection, rebellion, revolution, military or usurped power,
c) any act of any person acting on behalf of or in connection with any or¬ganization with activities directed toward the overthrow by force of the government de jure or de facto or to the influencing of it by terrorism or violence.
In any action, suit or other proceeding, where the Insurers allege that by reason of the provisions of this condition any loss or damage is not cov-ered by this insurance, the burden of proving that such loss or damage is covered shall be upon the Insured.
3. This insurance may at any time be terminated by the Insurers on notice to that effect being given by registered post at the Insured's last known ad¬dress, in which case the Insurers shall be liable to repay a rateable pro¬portion of the premium for the unexpired term from the date of termination.
4. The limit of indemnity any one occurrence as stated below shall be un¬derstood to limit the indemnity for all loss or damage covered by this En¬dorsement during a consecutive period of 168 hours.
The aggregate liability of the Insurers during the period of cover of this Pol¬icy shall be limited by twice the limit of indemnity any one occurrence.
Limit of Indemnity : any one occurrence
Deductible : any one occurrence
Extra premium :
Cover for Cross Liability
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, the Third Party Liability cover of the Policy shall apply to the insured parties named in the Schedule as if a separate policy had been issued to each party, provided that the Insurers shall not indemnify the Insured under this Endorsement in respect of liability for
- loss of or damage to items insured or insurable under Section I of the Policy, even if not recoverable due to an excess or any limit,
- fatal or non-fatal injury or illness of employees or workmen who are or could have been insured under Workmen's Compensation and/ or Employers' Liability insurance.
The Insurers' total liability in respect of the insured parties shall not however exceed in the aggregate for any one accident or series of accidents arising out of one event the limit of indemnity stated in the Schedule.
Extra Premium
Endorsement 003
Maintenance Visits Cover
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, this insurance shall be extended for the maintenance period specified hereunder to cover solely loss of or damage to the contract works caused by the insured contractor(s) in the course of the operations carried out for the purpose of complying with the obligations under the maintenance provisions of the contract.
Maintenance cover from to
Extra Premium
Endorsement 004
Extended Maintenance Cover
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, this insurance shall be extended for the maintenance period specified hereunder to cover loss or damage to the contract works
- caused by the insured contractor(s) in the course of the operations carried out for the purpose of complying with the obligations under the maintenance provisions of the contract,
- occurring during the maintenance period provided such loss or damage was caused on the site during the erection period before the certificate of completion for the lost or damaged section was issued.
Maintenance cover from to
Extra Premium
Endorsement 005
Special Conditions Concerning the Construction and/or Erection Time Schedule
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the following shall apply to this insurance:
The construction and/or erection time schedule together with any other statements made in writing by the Insured for the purpose of obtaining cover under the Policy as well as technical information forwarded to the Insurers is deemed to be incorporated herein.
The Insurers shall not indemnify the Insured in respect of loss or damage caused by or arising out of or aggravated by deviations from the construction and/or erection time schedule exceeding …….. weeks, unless the Insurers had agreed in writing to such a deviation before the loss occurred.
Endorsement 006
Cover of Extra Charges for Overtime, Night Work, Work on Public Holidays, Express Freight
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, this insurance shall be extended to cover extra charges for overtime, night work, work on public holidays and express freight (excluding airfreight).
Provided always that such extra charges shall be incurred in connec¬tion with any loss of or damage to the insured items recoverable under the Policy.
If the sum(s) insured of the damaged item(s) is/are less than the amount(s) required to be insured the amount payable under this Endorsement for such extra charges shall be reduced in the same proportion.
Extra premium
Endorsement 007
Cover of Extra Charges for Airfreight
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, this insurance shall be extended to cover extra charges for airfreight.
Provided always that such extra charges are incurred in connec¬tion with any loss of or damage to the insured items recoverable under the Policy.
Provided further that the amount payable under this Endorsement in respect of airfreight shall not exceed ………. during the period of insurance.
Deductible : 20 % of the indemnifiable extra charges, minimum …………. any one occurrence.
Extra Premium
Endorsement 008
Warranty Concerning Structures in Earthquake Zones
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurers shall only indemnify the Insured for loss, dam¬age or liability arising out of earthquake if the Insured proves that the earthquake risk was taken into account in design according to the official building codes valid for the site and that the qualities of material and workmanship and the dimensions on which the calculations were based were adhered to.
Endorsement 009
Exclusion of Loss, Damage or Liability Due to Earthquake
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurers shall not indemnify the Insured for loss, damage or liability directly or indirectly caused by or resulting from earthquake.
Endorsement 010
Exclusion of Loss, Damage or Liability Due to Flood and Inundation
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurers shall not indemnify the Insured for loss, damage or liability directly or indirectly caused by or resulting from flood and inundation.
Endorsement 011
Serial Losses
It is agreed and understood that, otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the following clause shall apply to this insurance :
Loss or damage due to faulty design, defective material or casting, or bad workmanship (other than faults in erection) arising out of the same cause to machines or equipment of the same type or design shall be indemnified after applying the Policy deductible for each loss according to the following scale:
100 % of the first loss
% of the loss
% of the loss
% of the loss
% of the loss
Further losses shall not be indemnified.
(The percentage shall be fixed in accordance with the condition of each individual component, eg depending on the number of items at risk.)
Endorsement 012
Exclusion of Loss, Damage or Liability due to Windstorm or Wind-Related Water Damage
It is agreed and understood that, notwithstanding the terms, exclusions, provisions and conditions of the Policy or any Endorsements agreed upon, the Insurers shall not indemnify the Insured for loss or damage or liability directly or indirectly caused by or resulting from windstorm equal to or exceeding grade 8 on the Beaufort Scale (mean wind-speed exceeding 62 km/h) or any water damage occurring in connection with or as a consequence of such windstorm.
Endorsement 013
Property in Off-Site Storage
It is agreed and understood that, notwithstanding the terms, exclusions, provisions and conditions of the Policy or any Endorsements agreed upon and subject to the Insured having paid the agreed extra premium, Section I of the Policy shall be extended to cover loss of or damage to property insured (except property being manufactured, processed or stored at the manufacturer's, distributor's or supplier's premises) in off-site storage within the territorial limits as stated below.
The Insurers will not indemnify the Insured for loss or damage caused by the neglect of generally accepted loss prevention measures for warehouses or storage units. Such measures include, in particular :
- ensuring that the storage area is enclosed (either a building or at least fenced-in), guarded, protected against fire, as appropriate for the particular location or type of property stored;
- separating the storage units by fire-proof walls or by a distance of at least 50 meters;
- positioning and designing the storage units in such a way as to prevent damage by accumulating water or flooding due to rainfall or by a flood with a statistical return period of less than 20 years;
- limiting the value per storage unit.
Territorial limits of :
Maximum value per storage unit :
Limit of indemnity (any one occurrence) :
Deductible : ……% of loss amount; minimum …………….
any one occurrence
Extra Premium :
Endorsement 200
Cover of Manufacturer’s Risk
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, lit. c. under “Special Exclusions to Section I” shall be replaced by the following wording :
" c. all costs related to repair and/or replacement of parts and/or items directly affected by faulty design, defective material or casting, bad workmanship other than faults in erection, which the Insured would have incurred for rectifying the original fault had such fault been discovered before the loss occurred. "
This endorsement does, however, not apply to parts and items of civil engineering sections.
Extra Premium
Endorsement 201
Guarantee Cover
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, this insurance shall be extended for the guarantee period specified hereunder to cover solely loss of or damage to the insured items resulting from faults in erection, faulty design, defective material or casting, and/or bad workmanship, but excluding the costs the Insured would have incurred for rectifying the original fault had such fault been discovered before the loss occurred.
This extension shall not cover any loss or damage arising directly or indirectly from or in connection with fire, explosion and/or any Acts of God nor shall it cover any third party liability.
Guarantee cover from …………………….. to ……………………….
Deductible : 20 % of the loss amount, minimum …………….…. any one occurrence
Extra Premium
Endorsement 202
Cover of Construction/Erection Machinery
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, the cover under Section I of the Policy shall be extended to include loss of or damage to the construction/erection machinery mentioned in the attached list of machinery, excluding however :
- loss or damage due to electrical or mechanical breakdown, failure, breakage or derangement, freezing of coolant or other fluid, defective lubrication or lack of oil or coolant, but if as a consequence of such breakdown or derangement an accident occurs causing external damage, such consequential damage shall be indemnifiable,
- loss of or damage to vehicles licensed for general road use or waterborne vessels or aircraft,
The sums insured on construction/erection machinery shall be their replacement values, which shall mean the cost of replacement of each insured item by a new item of the same kind and the same capacity.
Deductible : 20 % of the loss amount, minimum …..…………… any one occurrence
Sum Insured :
Extra Premium :
Endorsement 203
Exclusion Concerning Used Machinery
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurers shall not indemnify the Insured for loss of or damage to the insured used items
- attributable to previous operation,
- attributable to dismantling (if dismantling is not covered),
- in respect of any non-metallic parts.
Endorsement 204
Special Condition 1 for Hydrocarbon Processing Industries
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the following shall apply to this insurance :
As from the introduction of any hydrocarbons into the plant
1. a deductible of ………………………. for Section I of the Policy is applicable, which shall also apply in case of fire and explosion damage,
2. the Insurers shall not be liable for loss of or damage to :
a. catalysts unless included by endorsement
b. reforming units due to overheating or cracking of any tubes,
c. the insured plant due to overheating or cracking following an exothermic reaction,
d. the insured plant due to the prescribed techniques not being followed on purpose or due to the cutting out of safety devices,
as well as for any liability resulting therefrom.
Endorsement 205
Special Condition 2 for Hydrocarbon Processing Industries
Cover of Catalysts
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, lit. a of para 2 under Special Condition 1 for Hydrocarbon Processing Industries shall be replaced by the following wording :
" catalyst unless such loss or damage is caused by an indemnifiable loss of or damage to the insured plant and/or apparatus,"
Extra Premium
Endorsement 206
Special Conditions Concerning Fire-Fighting Facilities
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurers shall only indemnify the Insured for loss or damage resulting directly or indirectly from fire and/or explosion if the following requirements are fulfilled :
1. Adequate fire-fighting equipment and extinguishing agents of sufficient capacity must always be available at the site and ready for immediate use.
2. A sufficient number of workmen must be fully trained in the use of such equipment and must be available for immediate intervention at all times.
3. If storage of material for the construction or erection of the contract works is necessary, storage must be subdivided into storage units not exceeding the equivalent value of …………. per storage unit.
The individual storage units must either be at least 50 m apart or separated by fire-proof walls.
All inflammable material (such as shuttering material not fitted for concreting, litter, etc.) and especially all inflammable liquids and gases must be stored at a sufficiently large distance from the property under construction or erection and any hot work.
4. Welding, soldering or the use of an open flame in the vicinity of combustible material is only permitted if at least one workman suitably equipped with extinguishers and well trained in fire-fighting is present.
5. At the beginning of testing all fire-fighting facilities designed for the operation of the plant must be installed and serviceable.
Endorsement 207
Warranty Concerning Camps and Stores
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurers shall only indemnify the Insured for loss, damage or liability indirectly or directly caused to camps and stores by fire, flood or inundation if these camps and stores are located above the highest water level recorded anywhere on the site during the last 20 years and the individual storage units are either at least 50 m apart or separated by fire walls.
It is also agreed that the Insurers shall indemnify the Insured for any one occurrence only up to a limit of indemnity of
for camps,
for each individual storage unit
Endorsement 208
Warranty Concerning Underground Cables and Pipes
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurers shall only indemnify the Insured in respect of loss of or damage to existing underground cables and/or pipes or other underground facilities, if, prior to the commencement of works, the Insured has inquired with the relevant authorities about the exact position of such cables, pipes or other underground facilities.
The indemnity shall in any case be restricted to the repair costs of such cables, pipes or other underground facilities, any consequential damage being excluded from the cover.
Endorsement 209
Exclusion of Loss of or Damage to Crops, Forests and Cultures
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurers shall not indemnify the Insured for loss, damage or liability directly or indirectly caused to crops, forests and/or any cultures during the execution of the contract works.
Endorsement 211
Cover of Nuclear Fuel Elements
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, and subject to the Insured having paid the agreed extra premium, this insurance shall be extended to cover nuclear fuel elements according to the conditions outlined below.
1. Definition
A fuel element consist of
- fuel material (fissionable, fertile, compounding and alloying material),
- fuel cladding,
- support structure.
2. Period of Cover
This cover shall exist only for as long as the Policy is in force and shall commence following unloading at the erection site and end after each fuel element has been placed in its position in the reactor pressure vessel.
If the average duration of this cover exceeds ………………… months, the Insured shall apply to the Insurers for an extension.
3. Indemnification
In the case of loss or damage, all the expenses for the repair of the material loss or damage after applying the deductible shall be indemnified. These expenses include for instance :
a. costs of extracting the fuel from the damaged fuel elements, and of its inspection and storage;
b. costs of repairing or replacing the fuel cladding and the support structure;
c. costs of reprocessing damaged fuel material;
d. costs of replacing lost or damaged fuel material;
e. costs of the assembly of fuel material, fuel cladding and support structure to form fuel elements;
f. transportation and insurance charges, including costs of obtaining the necessary import and transport permits.
In no case shall the indemnification for any one damaged fuel element be higher than the proportionate sum insured for such element.
4. Deductible any one loss ……………………
5. The premium for this extra cover shall be ………… %o pa applied to the actual value of the fuel elements insured.
The actual value of the fuel element is :
Date Fuel Weigth (t) Actual Value
Endorsement 212
Cover of Cost for Decontamination
It is agreed and understood that otherwise subject to the terms, exclusions and conditions contained in the Policy or endorsed thereon, and subject to the Insured having paid the agreed extra premium, this insurance shall be extended to cover the extra cost for decontamination items which have become radioactive in the normal course of operation and which have been affected by an indemnifiable loss under the Policy.
This cost of decontamination includes eg
a. expenditure incurred before it becomes possible to repair the damage proper, e.g. costs for decontaminating components exposed to ionizing radiation within the course of normal operation;
b. expenditure incurred in order to make the damaged item(s) accessible, e.g. for removing and replacing shields and protective walls;
c. expenditure incurred for the purpose of protecting the personnel repairing the damage, e.g. for protective clothing, work breaks, or limitation of the exposure to radiation, etc.;
d. additional expenditure incurred because the damaged item(s) cannot be repaired and must be replaced owing to contamination which arose during normal operation;
e. expenditure for such tests, checks and acceptance surveys as are obligatory after a loss has been repaired;
f. expenditure for removing and disposing of radioactive debris;
The total indemnity payable under this Endorsement shall, however, not exceed the amount of …………….. for any one accident.
The specified limit shall not apply, however, to the cost of conventional repair of the affected item(s) covered under Section I of the Policy.
Endorsement 213
Cover of Reactor Pressure Vessel with Internals
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, and subject to the Insured having paid the agreed extra premium, this insurance shall be extended to cover the reactor pressure vessel and its internals1 during phase 2 of the Policy. No distinction shall be made between cost of conventional repair and cost due to decontamination. The total indemnity payable under this Endorsement shall not exceed the amount of ………………………. for any one accident.
The external limits of the reactor pressure vessel are defined as shown in the attached drawing No. ………...
1 Fuel elements,
i.e. fuel material (fissionable, fertile, compounding and alloying material), fuel cladding as well as associated support structures, and
absorber elements,
i.e. shut-down rods, control rods and shim rods as well as associated structural material,
do not form part of the internals of the reactor pressure vessel and hence are not insured.
Endorsement 214
Exclusion of Loss or Damage Due to Subsidence
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurers shall not be liable to indemnify the Insured in respect of loss or damage due to subsidence if caused by insufficient compacting or improvement of subsoil or due to incorrect or insufficient piling.
Endorsement 217
Special Conditions for Open Trenches during Laying of Pipelines, Ducts and Cables
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurers will indemnify the Insured for any loss or damage due to storm, rain, flood, inundation such as sanding, silting up, mudding up, erosion, collapse and floating up of pipes, ducts or cables, sustained by completely or partly excavated open trenches and/or items layed therein, up to a maximum length of …………. km open trench any one loss event.
The Insured shall make sure that plugging facilities are available near the pipe ends for emergency purposes and that pipe ends exposed to flooding are plugged before any interruption during idle work periods such as nights and holidays.
Endorsement 218
Cover of Leak Search Costs when Laying Pipelines
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurers shall indemnify the Insured also for the following items under this Policy :
a. Leak search costs following a hydrostatic test (including the cost of leasing special apparatus, cost of operation and transport of such apparatus);
b. Earthwork on a trench not damaged in itself, such earthwork becoming necessary in the search for and repair of leaks, e.g excavation, uncovering of the pipeline, backfilling;
provided that :
- the leak has been caused by an indemnifiable event or is attributable to faulty execution on the site, and
- …….. % of the welding seams have been X-rayed and any deficiencies discovered thereby have been removed properly.
Indemnity shall be limited in the aggregate to :
………………………… per testing section
………………….…….. during one policy period.
Costs caused by faulty repair of welding seams shall be excluded from the cover.
Endorsement 219
Conditions for Horizontal Directional Drilling of Pipeline Routes below Rivers, Railway Embankments, Streets, etc.
It is agreed and understood that otherwise subject to the terms, exclusions, conditions and provisions contained in the Policy or endorsed thereon, the Insurers will indemnify the Insured up to the sum insured or limit of indemnity indicated below for damage arising during horizontal directional drilling operations below rivers, railway embankments, motorways, etc., only if a soil analysis (soil samples, test borings, sieve analyses, etc.) required for proper drilling operations in accordance with latest technical standards has been carried out prior to the commencement of work and if the contractor is familiar with the drilling technique.
It is further agreed and understood that the Insurers shall not indemnify the Insured for losses or damage caused by or resulting from
- missing the target point of the drilling, deviations from the scheduled direction;
- loss of or change in the drilling mud (eg bentonite);
- damage to the outer insulation of pipeline in the area of horizontal directional drilling.
Sum insured 1 (drilling costs + material value of pipeline to be drawn in + value of drilling equipment) : ………………..
Limit of Indemnity per drilling : ………………
Premium rate : ……………………………..
Deductible : 20 % of the loss amount, at least ………………………….… per loss event.
1 In the event of a loss, the sum insured shall be reduced by the amount paid as indemnity. Reinstatement of the sum insured may be necessary.
Endorsement 220
Inland Transit
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, Section I of this insurance shall be extended to cover loss of or damage to locally supplied property insured
- whilst in transit to the contract site other than on waterway or by air within the territorial limits of……...
- caused as a result of collision, impact, flood, earthquake, inundation, landslide or rockslide, subsidence, burglary or fire,
- provided that the insured property is suitably packed and/or prepared for transit which shall also be deemed to include stowage,
- and provided that the maximum amount payable under this Endorsement shall not exceed ……………….. per conveyance.
If offsite storage, however, is necessary, Endorsements 206 and 207 shall be applied additionally.
Total value of locally supplied property :
Deductible :
Extra Premium :
Endorsement 221
Special Conditions Concerning Safety Measures with Respect to Precipitation, Flood and Inundation
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurers shall only indemnify the Insured for loss, damage or liability caused directly or indirectly by precipitation, flood or inundation if adequate safety measures have been taken in designing and executing the project involved.
Adequate safety measures shall mean that allowance is made for precipitation, flood and inundation up to a return period of 20 years for the location insured and the entire policy period on the basis of the statistics prepared by the meteorological agencies.
Loss, damage or liability resulting from the Insured's not immediately removing obstructions (eg sand, trees) from watercourses within the construction site, whether carrying water or not, in order to maintain free waterflow shall not be indemnifiable.
Endorsement 222
Exclusion of Losses, Damage or Liabilities Arising from Horizontal Directional Drilling
It is agreed and understood that otherwise subject to the terms, exclusions, conditions and provisions in the Policy or endorsed thereon, the Insurers will not indemnify the Insured for losses, damage or liabilities which have been caused
- or result directly or indirectly from horizontal directional drilling;
- regarding the pipelines themselves in the area of routes created by horizontal directional drilling.
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