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ThisPolicycomprisesmainlytheSchedule,ScopeofCover,Exclusions,TreatmentofClaim,Insured'sObligations,GeneralConditionsandSpecialProvisions,includingalsotheProposalofInsurancetogetherwithitsattachmentsaswellasanyadditionstobemade,fromtimetotime,bytheCompanyintheformofEndorsement.

CLAUSES

SCOPEOFCOVER

TheCompanywillindemnifytheInsuredinthemannerandwithinthelimitofliabilityspecifiedintheScheduleagainstsuchsumsastheInsuredshallbecomelegallyliabletopayinrespectofclaimsmadeagainsttheInsuredarisingfrombodilyinjurytoorillnessordeathoforlossofordamagetopropertyofoneormorepersonsusing,consumingorhandingtheinsuredproductsorgoods,orofanyotherpersonsconsequentuponanoccurrencetakingplaceintheterritoryofcoveragewithintheperiodofinsurancecausedbyproductsorgoodsmanufacturedorsoldbytheInsuredstatedintheSchedule.

InrespectofanyclaimcoveredunderthisPolicy,theCompanyshallinadditionindemnifytheInsuredagainsttherelevantlegalcostspayablebytheInsuredandotherexpensesincurredintheabovementionedoccurrencewiththepriorwrittenconsentoftheCompany,butthetotalliabilityoftheCompanyforthesumsofcompensationandthelegalcostsandexpensesshallinnowayexceedthelimitofindemnitystatedintheSchedule.

EXCLUSIONS

TheCompanyshallnotbeliablefor:

liabilityassumedinaccordancewithanyagreementbetweentheInsuredandotherparties,unlesssuchliabilitywouldhavebeenattachedtotheInsurednotwithstandingsuchagreement;

liabilityassumedbytheInsuredunderanyLabourLaworWorkmen'sCompensationStatute;

liabilityoftheInsuredtoemployeeswhichisbasedontherelationshipofMasterandServant;

lossofordamagetotheinsuredproducts;

costsarisingoutofreplacementorrecalloftheinsuredproducts;

lossofordamagetopropertybelongingtoorheldincare,custodyorcontroloftheInsured;

bodilyinjury,illnessordeathordamagetopropertysustainedbyanypersoncausedbyproductsorgoodsmanufacturedorsoldbytheInsuredinwillfulviolationofanylaw;

liabilityarisingoutofpollutionofanykindordescriptionwhatsoeversuchasatmosphere,landandwatercausedbytheinsuredproducts;

liabilityforlossofordamagetotheaircraftsorshipscausedbytheinsuredproducts;

liabilityforanyconsequencearisingdirectlyorindirectlyfromwar,warlikeoperation,hostilities,armedconflicts,terrorism,conspiracyinsurrection,coupd'etat;

liabilityforanyconsequencearisingdirectlyorindirectlyfromstrike,riot,civilcommotionormaliciousacts;

liabilityarisingdirectlyorindirectlyfromnuclearfission,nuclearfusion,nuclear

weapon,nuclearmaterial,nuclearradiationandradioactivecontamination;

fines,penalties,punitiveorexemplaryindemnities;

ThedeductiblesstatedintheScheduleorstipulatedinthePolicytobebornebytheInsured.

TREATMENTOFCLAIM

IntheeventofanyclaimrecoverableunderthisPolicy:

noadmission,rejection,offer,promise,paymentorindemnityshallbemadeorgivenbyoronbehalfoftheInsuredorhisrepresentativewithoutthewrittenconsentoftheCompany.AndtheCompanyshallbeentitled,ifitsodesires,totakeoverandconductinthenameoftheInsuredthedefenseorsettlementofanyclaim;

theCompanyshallbeentitled,atitsownexpenseandforitsownbenefit,tolodgeinthenameoftheInsuredanyclaimforindemnityagainstanypersons.WithoutthewrittenconsentoftheCompany,theInsuredshallnotacceptthepaymentorarrangementofindemnityinrespectofthelossordamageofferedbyanypartyheldresponsibleforsuchlossordamageandshallnotabandontherightofrecoveryfromsuchparty,otherwise,theInsuredshallbeliableforanyconsequencearisingtherefrom;

theCompanyshallhavefulldiscretiontheconductanyproceedingsorsettleanyclaim,andtheInsuredshallgiveallsuchinformationandassistanceastheCompanymayrequire.

Bodilyinjurytoorillnessordeathofordamagetopropertyofmorethanonepersonarisingfromsamelotofproductsorgoodsmanufactured,soldduetothesamecauseshallbeconsideredasresultingfromoneoccurrence.

Thetimeofvalidityofaclaimunderthisinsuranceshallnotexceedaperiodoftwoyearscountingfromthedateofloss.

INSURED'SOBLIGATIONS

ThefollowingObligationsshallbestrictlyfulfilledbytheInsuredandhisrepresentative:

TheInsuredandhisrepresentative,whenapplyingforinsuranceshallmaketrueanswersordescriptionstothequestionsintheProposalandQuestionaireortoanyotherquestionsraisedbytheCompany.

TheInsuredandhisrepresentativeshallpaytotheCompanyinduecoursetheagreedpremiuminthemannerasprovidedintheScheduleandEndorsements.

Uponexpirationofthisinsurance,theInsuredshallfurnishinwritingwithastatementofactualgrossreceiptsbyproductsorgoodsmanufactured,soldbytheInsuredduringthecurrencyofthisinsuranceasbasisforcalculatingtheactualpremium.Intheeventtheactualpremiumismorethanthedepositpremium,theInsuredshallpaythedifferencetotheCompany,ifless,theCompanywillrefundthedifferencetotheInsured.Butinnocasetheactualpremiumshallbelessthantheminimumpremiumasrequired.

TheCompanyshallhavetherighttorequireoftheInsuredatanytimewithintheinsuranceperiodastatementoftheentireamountofthetotalsalesofproductsorgoodsmanufactured,soldbytheInsuredduringanyspecifiedpartofthesaidperiod.

TheCompanyshallalsohavetherighttoauthorizetheirrepresentativetoexaminethebooksandrecordsoftheInsuredandtoverifytheaboverelevantfigures.

IntheeventofanyoccurrencewhichgivesormightgiverisetoaclaimunderthisPolicy,theInsuredorhisrepresentativeshall:

notifytheCompanyimmediatelyand,withinseven(7)daysoranyfurtherperiodasmaybeagreedbytheCompanyinwriting,furnishawrittenreporttoindicatethecourse,probablereasonandextentoflossordamage;

immediatelygivenoticetotheCompanyinwritingwheneverhavingknowledgeofanyimpendingprosecutioninconnectionwithanyaccidentforwhichtheremaybeliabilityunderthisPolicy,andforwardtotheCompanyeveryletterwrit,summonsorprocessorothercourtdocumentsonreceiptthereof;

furnishallsuchinformationanddocumentaryevidenceastheCompanymayrequireforsupportingtheclaim.

Ifdiscoveryofadefectinanyproductsorgoodsinsuredshallindicateorsuggestthatsimilardefectexistsinotherproductsorgoodsinsured,theInsuredshall,athisownexpenses,investigateandrectifyforthwiththedefectinsuchotherproductsorgoods.Otherwise,alllossordamagearisingoutofthesaiddefectshallbebornebytheInsured.

GENERALCONDITIONS

1.PolicyEffect

ThedueobservanceandfulfillmentofthetermsandconditionsofthisPolicyinsofarastheyrelatetoanythingtobedoneorcompliedwithbytheInsuredshallbeaconditionprecedenttoanyliabilityoftheCompanyunderthisPolicy.

Policyvoidance

ThisPolicyshallbevoidableintheeventofmisrepresentation,misdescriptionornon-disclosuremadebytheInsuredorhisrepresentativeinanymaterialparticularinrespectofthisinsurance.

RiskChange

3.1IntheeventtheInsuredmanufactures,and/orsellsanewproductorproductsorthereisanymaterialchangeonchemicalcompositionofanyproductorproductsinsuredhereunderduringtheperiodofinsurance,theInsuredshallgivetheCompanyanoticeinwritingwithinten(10)daysfromthedateofmanufactureandsalethereoftotheCompany,andasuitableadditionalpremiumshallbepaidattherequestoftheCompany,otherwisethisinsuranceshallnotextendtocoversuchproductorproducts.

UnlessitscontinuancebeadmittedbytheCompanyinwriting,thisPolicyshallbeautomaticallyterminatedif:

3.2.1theinsurableinterestoftheInsuredislost;

theriskoflossordamageisincreased.

AfterterminationofthePolicy,thepremiumshallberefundedtotheInsuredcalculatedonproratadailybasisfortheperiodfromthedateofterminationtothedateofexpiry.

PolicyCancellation

ThisPolicymaybecanceledatanytimeattherequestoftheInsuredinwritingorattheoptionoftheCompanybygivingafifteen(15)dayspriornoticetotheInsured.IntheformercasetheCompanyshallretainapremiumcalculatedonshorttermratebasisforthetimethePolicyhasbeeninforcewhileinthelattercasesuchpremiumshallbecalculatedonproratadailybasis.

ForfeitofBenefit

Iftheclaimisinanyrespectfraudulent,orifanyfraudulentmeansordevicesareusedbytheInsuredorhisrepresentativetoobtainanybenefitunderthisPolicyorifanylossordamageisoccasionedbytheintentionalactorintheconnivanceoftheInsuredorhisrepresentative,theninanyofthesecases,alltherightsandbenefitsoftheInsuredunderthisPolicyshallbeforfeited,andallconsequentlossesarisingtherefromincludingtheamountofclaimpaidbytheCompanyshallbeindemnifiedbytheInsured.

ReasonableInspection

TherepresentativeoftheCompanyshallatanysuitabletimebeentitledtoattendthesiteandinspectorexaminetheriskexposureofbuildings,machinery,equipments,workingprocessandproductsorgoodsoftheInsured.Forthispurpose,theInsuredshallprovidefullassistanceandalldetailsandinformationrequiredbytheCompanyasmaybenecessaryfortheassessmentoftherisk.TheabovementionedinspectionorexaminationshallinnocircumstancesbeheldasanyadmissiontotheInsuredbytheCompany.

IntheeventofanydefectordangerbeingapparenttotheCompany'sinspector,theCompanymaygivenoticeinwritingtotheInsuredandthereuponallliabilityoftheCompanyinrespectthereoforarisingtherefromshallbesuspendeduntilthesamebecuredorremovedtothesatisfactionoftheCompany.

DoubleInsurance

Shouldanyloss,damage,expensesorliabilityrecoverableunderthePolicybealsocoveredbyanyotherinsurance,theCompanyshallonlybeliabletopayorcontributehisproportionoftheclaimirrespectiveastowhethertheotherinsuranceisarrangedbytheInsuredorothersonhisbehalf,orwhetheranyindemnificationisobtainableundersuchotherinsurance.

Subrogation

WhereathirdpartyshallbeheldresponsibleforthelossordamagecoveredunderthisPolicy,theInsuredshall,whetherbeingindemnifiedbytheCompanyornot,takeallnecessarymeasurestoenforceorreservetherightofrecoveryagainstsuchthirdparty,anduponbeingindemnifiedbytheCompany,subrogatetotheCompanyalltherightofrecovery,tr

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