PROPERTY DAMAGE CLARIFICATION CLAUSE (EVET)

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It is hereby declared and agreed that property damage covered under this policy shall mean physical damage to the substance of property, which is not include damage to the data or software, in particular any detrimental change in data, software or computer programs that caused by deletion, a corruption or deformation of the original structure.

Consequently, the following are excluded from this Agreement:

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  • Loss or damage to data of software, in particular any detrimental change in data, software or computer programs caused by any deletion, a corruption or deformation of the original structure and any business interruption losses resulting from such loss or damage. Notwithstanding this this exclusion, loss of or damage to data or software which is direct consequences of insured physical damage to the substance of the property shall be covered.
  • Loss or damage resulting form impairment in the function, availability, range of use or accessibility of data, software or computer programs and any business interruption losses resulting from such loss or damage.

Note:

Member may use his own wording

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