Sabtu, 31 Agustus 2013

REMOVAL OF DEBRIS CLAUSE (first loss limit of US$. XX,000.-)

In consideration of the payment of an additional premium this policy extends to indemnify the Insured in respect of:
The cost of removal of debris, demolition and any temporary repairs necessary (including the Insured's legal liability for the cost of removal of debris, demolition, and temporary repairs in regard to adjoining premises, roadways or waterways, as well as on the site) consequent upon the destruction of or damage to any property, insured by the Insured's Fire Policy (or Policies) occasioned by fire or any other peril thereby insured against.
Provided always:
(a)    That such cost is not recoverable under any other Policy of insurance;
(b)    That the indemnity afforded by this insurance shall not apply to or included liability assumed by the Insured under any agreement entered into after the commencing date of this insurance unless such liability would have attached to the Insured in the absence of such agreement.
(c)    The liability of the company under this clause in respect of any time shall in no case exceed US$. 100,000.- of the sum insured thereby.
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