Notwithstanding anything stated to the contrary, the policy shall subject to the Special Condition hereunder contained extend to include loss or damage to the property insured directly caused by :
Landslip and or subsidence whether caused by flood or otherwise. Provided always that all the Conditions of the Policy (except insofar as they may be hereby expressly varied) shall apply as if they had been incorporated herein and for the purposes hereof any loss or damage as aforesaid shall be deemed to be loss or damage by fire.
Special Conditions :
- The liability of the Company in no cause under this endorsement and the policy exceed the sum insured by each item of the policy.
- The property shall be maintained in good and substantial state of repair
- The insurance under this endorsement does not cover :
- the cost of repairing, cleaning or making good drains or water courses
- consequential loss of any description
- loss caused by earthquake
The Insured shall bear the first amount of US$ …… In respect of each and every claim.
