MR 640 – Hull Risk for Mobile Equipment on Premises Only

M-Clauses54 Views

It is agreed and understood that otherwise subject to the terms, exclu­sions, provisions and conditions contained in the Policy of endorsed thereon, cover will be extended to include loss of gross profits following loss of or damage to

item(s) No(s)

specified in the Schedule of the Policy

 caused by flood, earthquake, inundation, landslide or rockslide, ava­lanche, subsidence, burglary or fire, provided that material loss of or dam­age to these items due to these perils is also covered under the Machin­ery insurance policy.

 This cover shall be applicable as long as the machines or equipment in­sured under this Endorsement are located on the premises or sites named in the Policy

 The Insured shall inform the police in the case of loss or damage due to burglary

 

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