It is agreed and understood that otherwise subject to the terms, exclusion, provisions and conditions contained in the Policy or endorsed thereon, the Insurers shall only indemnify the Insured for loss and/or damage resulting from slope failure provided that adequate and approved safety measures have been taken in designing and executing the slope protection.
For the purposes of this Endorsement adequate and approved safety measures shall mean that, at all times throughout the Period of Cover, allowance is made for:-
- erosion to the slope surface caused by precipitation and/or flood and/or inundation;
- measures which become neccessary to improve or stabilize ground conditions or be seal against water ingress/egress;
- for filing void or for replacing lost bentonite / soil;
- for reinstating profiles of dimensions of the slope surface (e.g. refilling cavities, profiling slope gradient & etc.) to improve or stabilize ground conditions; and
- immediately removing obstructions (e.g. sand, rocks tress & etc) from watercourse within the site of construction.
It is warranted that the Insured shall adhere to the Building Construction Authority’s Requirement for piling and excavation works.
The insurers shall not indemnify the Insured for:
- – loss or damage which is foreseeable having regard to the nature of the construction work or the manner of its execution,
- – loss or damage caused by subsidence if caused by insufficient compacting, and
- – the costs of loss prevention or minimization measures which become necessary during the
period of insurance.
