Kamis, 01 Agustus 2013

Property Eletronic Data And Internet Endorsement


It is noted and agreed that this policy is hereby amended as follows
The Insurer will not pay for Damage or Consequential loss directly or indirectly caused by, consisting of, or arising from :
1.    Any functioning or malfunctioning of the internet or similar facility or of any intranet or private network or similar facility,
2.    Any corruption, destruction, distortion, erasure or other loss or damage to data, software, or any kind of programming or instruction set,
3.    Loss of use of functionality whether partial or entire of data, coding, program, software, any computer or computer system or other device dependent upon any microchip or embedded logic, and any ensuing inability or failure of the Insured to conduct business.
This Endorsement shall not exclude subsequent damage or Consequential loss, not otherwise excluded, which itself results from a Defined Peril. Defined Peril shall mean: Fire, Lightning, Earthquake, Explosion, Falling Aircraft, Flood, Smoke, Vehicle Impact, Windstorm or Tempest, Riot, Strike and Malicious Damage.
Such Damage or Consequential loss described in 1, 2 or 3 above is excluded regardless of any other cause that contributed concurrently or in any other sequence.
All other terms, conditions and exclusions of this policy remain unchanged.
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