OWN SURROUNDING PROPERTY (US$ 10,000.00 EACH AND EVERY LOSS)

O-Clauses281 Views
banner 468x60

The Insurer will subject to the Limit of Liability stated in the Schedule indemnify the Insured against impact damage to Own Surrounding Property directly resulting from sudden and unforeseen damage as defined in the Specification of this Policy to the machinery described in the Schedule.

“Own Surrounding Property” shall mean property belonging to the Insured or in his custody or control other than :

banner 336x280
  1. a) any part of the machine causing the damage or any machine or apparatus directly driving or driven by such plant.

b)         property being lifted conveyed handled heated cooled or processed

banner 336x280

Leave a Reply

Your email address will not be published. Required fields are marked *