Selasa, 04 Juni 2013

FULL THEFT CLAUSE

It is hereby declared and agreed that this Section is extended to cover loss of or damage to the Property Insured by theft without violent and forcible entry into the premises.

The indemnity herein provided shall not apply to nor include :
a)    loss or damage caused by or resulting from infidelity or any dishonest act on the part of the Insured or other parties of interest or his or their employees or agents or any person  or persons to whom the property insured may be entrusted.

b)    unexplained loss, mysterious disappearance or loss shortage upon taking inventory.

The liability of the Company under this endorsement shall not exceed the Sum Insured under this Section as shown in the Schedule and the Insured shall bear the first $200,00 each and every claim under this endorsement.
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