Monday, February 18, 2019

EPI 48 Piling


EPI 48 Piling

It is agreed that in Section 1, Material Damage the following is added to Exclusions to Section 1:
Insurers will not indemnify the Insured in respect of:

(a) any loss or damage arising directly or indirectly to foundation piles and/or casings and/or sheet pile constructions which are:
(i) misplaced and/or misaligned;
(ii) lost during driving and/or extraction;
(iii) the subject of individual or block disconnection or declutching;

(b) the cost of repair, replacement, or rectification of piling work necessitated by leakage or infiltration of fluids or material at seams, joints, connections and/or beneath sheet pile constructions or into casings, unless such leakage or infiltration is a direct consequence of other Loss for which indemnity is provided by this Policy;

c) any abandoned piling work, unless such abandonment is a direct consequence of other Loss for which indemnity is provided by this Policy;

(d) piles which have failed to pass a load test or attain the required bearing load, unless such failure is a direct consequence of other Loss for which indemnity is provided by this Policy.

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