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Sec. I :
a)
Building under occupation/construction
b)
Owners permanent fixtures and fittings
c)
Boundary walls and fences
d)
Sanitary fittings
e)
Other property (specified)
Sec II :
Personal Accident to the
Insured.
Section I
BUILDING AND OWNERS PERMANENT
FIXTURES AND FITTINGS
Interpretation
Buildings
Buildings shall mean the
buildings (including out buildings) of Class A construction only.
Class A Construction : Buildings shall have external wall(s) of
stone/bricks/concrete blocks/asbestos sheet cladding and/or metal sheet
cladding, glass panel/partly or fully Open sided and roof of R.C.C./masonry/asbestos,
concretesheet/metal sheets/tiles / wooden shingles or boarding on
R.C.C./steel/wooden frame work.
a)
Thin layer of grass, hay or reeds on incombustible
roofings is permitted under Class A construction.
b)
Use of Thermosetting resin fibre glass reinforced
sheets is permitted for skylights
Under Class A construction.
Property Covered :
The Buildings including :
a)
the owners fixtures and fittings
b)
boundary walls and fences
c)
other property (specified)
d)
sanitary fittings
belonging to Insured or for which he/she is responsible.
The Company will indemnify the
Insured in respect of loss of or damage to the contents whilst contained in
the insured premises by :
a)
Fire, Lightning, Explosion/Implosion
b)
Aircraft and other Aerial devices or Articles dropped
therefrom.
c)
Bursting and Overflowing of water tanks, apparatus or
pipes.
d)
Riot, Strike, Malicious damage and Terrorist damage.
e)
Earthquake, fire and/or Shock, Subsidence and
Landslide (including Rockslide) damage.
f)
Flood, Inundation, Storm, Tempest, Hurricane,
Cyclone, Typhoon and Tornado.
g)
Impact damage
by and Rail/Road vehicle or Animal.
GENERAL EXCEPTIONS
The Company shall not be
liable in respect of :
1) Loss
or damage liability or expenses whether direct or indirect occasioned by
happening through or arising from any consequences of war, invasion, act
of foreign hostilities (whether war
declared or not), civil war, rebellion, revolution, insurrection, military or
usurped power or civil commotion or loot or pillage in connection herewith.
2) Loss
or damage caused by depreciation or
wear and tear.
3) Consequential
loss of any kind of description.
4)
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Loss or damage directly or indirectly caused by or
arising from or in consequence of or contributed to by nuclear weapons
material.
-
This Insurance does not cover loss or damage directly
or indirectly caused By or arising
from or in consequence of or
contributed to by ionising radiations
or contamination by radioactivity from any nuclear fuel or from any nuclear
fuel or from any nuclear waster from the combustion of nuclear fuel. For the
purpose of Condition 4(b) only combustion shall include any self-sustaining
process of nuclear fission.
Section II
PERSONAL ACCIDENT
TO THE INSURED
The Company will pay the loanee/borrower insured for
bodily injury solely and directly caused by accident al, violent, external
and visible means resulting in death or disablement to the insured the sum or
sums set forth in the policy.
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