This Insurance under this section extends to include the actual loss of Business Income sustained resulting from the necessary interruption of or Interference with the Insured’s Business operations as a result of any unforeseen, sudden and accidental physical loss, destruction or damage to the premises of the following named Insured’s third party suppliers and/or customs arising out of a peril which would have been Insured under this Policy.
Named Suppliers ( to be advised by the Insured and agreed with the Insurer prior to Inception ).
Subject to a Sum Insured of ……………………..
in respect of each and every occurrence, which is additional to the Sum Insured stated in the Schedule.
Named Customers ( to be advised by the Insured and agree with the Insurer prior to inception).
Subject to a Sum Insured of ………………………………..
in respect of each and every occurrence, which is additional to the Sum Insured state in the Schedule.
Provided that,
- The Insurance under this Extension shall only apply within the geographical limits stated within the Schedule or as otherwise agreed with the Insurers.
- The Insurer’s liability in respect of any one occurrence shall not exceed the limits shown above.
Please review provisio No. 1 and replace the word “Exclusion” with ‘Extension’
Thank you, Rizvi