Exclusions

Exclusion under Section 1 (Material Damage)

• Faulty or defective design material or workmanship

• Interruption of the water supply, gas, electricity or fuel system or failure of the effluent disposal system

• Collapse or cracking of building

• Act of fraud or dishonesty

• Larceny

• Coastal or river erosion

• Normal settlement or bedding down of new structures

• Any wilful act or wilful negligence on the part of the insured

• Cessation of work, delay

• War invasion or war like situation

• Nuclear weapons/ionising radiations or contamination by radioactivity.

Exclusion under Section 2 (Business Interruption)

This policy doesn't cover loss resulting from interruption of or interference with business directly or indirectly attributable to:

• Any restriction or reconstruction or operation imposed by any public authority

• The insured's lack of sufficient capital for timely restoration or replacement of property lost destroyed or damaged

• Electronic installation computer and data processing equipment

• Deliberate erasure loss distortion or corruption of the information

• Deductible stated in the schedule