营业中断险附加险条款

PICCPropertyandCasualtyCompanyLimited

AdditionalClausesforBusinessInterruptionInsurance

ThefollowingclausesaretheAdditionalClausesforBusinessInterruptionInsurancePolicy(2009Version),whichishereinaftercalledPolicy.Theterms,conditionsandexclusionsofthePolicyshallapplyexcepttotheextentthattheyareexpresslyvariedbytheAdditionalClauses.AnyoneoftheAdditionalClause(s)couldbechosenbytheApplicanttobeattachedtoandformingpartofthePolicy.

ExtensionClausesK01.ScopeofCover(A)K06.DenialofAccess(A)K07.DenialofAccess(B)K08.Murder,InfectiousDisease,andFoodContaminationExtension(A)K09.Murder,InfectiousDisease,andFoodContaminationExtension(B)K10.Murder,InfectiousDisease,andFoodContaminationExtension(C)K11.InfectiousDiseaseExtensionK12.ClosureofOperationFacilityK13.PublicUtilitiesExtension(A)K14.PublicUtilitiesExtension(B)K15.LossofBookDebtsK16.SuppliersExtension(A)K20.Customers/Suppliers/ContractorsK21.UnnamedSuppliers/CustomersK22.BombScare(onlyappliedtoPDBI)K23.Governmentaction(Notexceeding__consecutiveweeks)K24.PublicAuthorityExtensionK33.DepartmentalextensionK34.Auditor’sFeesK35.Accountant’s/AuditoFsFeesK36.Errors&Omissions(A)K37.Errors&Omissions(B)RestrictionClausesX01.WarandTerrorismExclusionX02.ITClarificationX03.TotalAsbestosExclusionX04.Mold&FungiExclusionX05.Y2KEXCLUSIONCLAUSEClarificationClausesG01.DesignationG02.PremiumAdjustmentG03.PremiumAdjustmentG04.IncreaseinCostofWorkingG05.OutputG06.NewBusinessG07.MonthlyPaymentonAccountG08.PaymentonAccountG09.GrossProfitDifferenceBasisG13.InclusionofAllTurnoverG14.UninsuredStandingChargesG15.AccumulatedStocksG16.BreachofConditionandWarrantyG21.AutomaticReinstatementofSumInsuredG22.__Days*CancellationG23.__Days’NotifyCancellationorRefusetoRenewalG24.NominationofLossAdjusterG28.Co-InsuranceG32.WaiverofSubrogation(A)ExtensionClausesK01.ScopeofCover(A)Itisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,theInsurershallindemnifytheInsuredinrespectoflossofGrossProfitresultingfrominterruptionoforinterferencewiththebusinessatthepremisesinconsequenceofphysicaldamagetothepropertyusedinbusinessoperationcausedbyperilsorhazardscoveredunderthePhysicalDamageInsuranceduringtheperiodofinsurance.

ProvidedthattheInsurershallnotbeliableforanylossduetocausesasfollowing:

willfulactand/orgrossnegligenceoftheApplicantand/ortheInsured;and/orearthquakeortsunamiand/orsecondarydisasterssocaused;and/orstrike,riot,civilcommotion,maliciousdamagean/oractofterrorism;and/orconfiscation,temporaryorpermanentrequisitionbyorderofthegovernmentdejureordefactoorbyanypublicauthority;and/ornuclearradiation,nuclearfission,nuclearfusion,nuclearpollutionorcontaminationandotherradioactivepollutionorcontamination;and/orpollutionofatmosphere,soil,waterandothernon-radioactivepollution;and/orotherexclusionswhichagreedbytheInsurerandtheInsured.

ThisClauseissubjectotherwisetotheterms,ConditionsandExclusionsofthisPolicy.

K06.DenialofAccess(A)Itisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,lossasinsuredbythisPolicyresultingfrominterruptionoforinterferencewiththebusinessinconsequenceofthedamage(aswithindefine)topropertyinthevicinityofthePremiseswhichshallpreventorhindertheusethereofofaccessthereto,whetherthePremisesorpropertyoftheInsuredthereinshallbedamagedornot,shallbedeemedtobelossresultingfromdamagetopropertyusedbytheInsuredatthePremises.

ThisClauseissubjectotherwisetotheterms,conditionsandexclusionsofthisPolicy.

K07.DenialofAccess(B)Itisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,lossasinsuredbythisPolicyresultingfrominterruptionoforinterferencewiththebusinessinconsequenceofthedamage(aswithindefine)topropertyinthevicinityofthePremiseswhichshallpreventorhindertheusethereofofaccessthereto,whetherthePremisesorpropertyoftheInsuredthereinshallbedamagedornot,shallbedeemedtobelossresultingfromdamagetopropertyusedbytheInsuredatthePremises.

Provided,however,thattheInsurershallnotbeliableforanylossiftheaforesaidpreventionoftheuseofthepremiseorthehinderoftheaccesstheretoiscontributedtothefailureofgasand/orwatersupplyinthevicinityofInsuredpremisesresultingfromthepropertydamagethereof.

TheindemnitylimitunderthisclauseshallnotexceedtherelevantsublimitsstatedinthePolicy.

ThisClauseissubjectotherwisetotheterms,conditionsandexclusionsofthisPolicy.

K08.Murder,InfectiousDisease,andFoodContaminationExtensionClause(A)Itisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,thisPolicyisextendedtocoverlossasinsuredhereunderresultingfrominterruptionoforinterferencewiththeBusinesscarriedonbytheInsuredatthePremisesinconsequencesof:

MurderorsuicideoccurringatthePremisesstatedinthePolicy;Closure&/orquarantineofthePremisesstatedinthePolicybyorderofacompetentpublicauthorityduetoNotifiableInfectiousDiseasemanifestedbyanypersonatthePremises;ClosingofthewholeorpartofthepremisesbyorderofacompetentpulblicauthorityconsequentupondefectsinthedrainsandothersanitaryfacilitiesatthePremisesstatedinthePolicy.

InjuryorillnesssustainedbyanyguestarisingfromspoilageoforinfectiousmatterinfoodordrinksprovidedatthePremisesstatedinthePolicy.

InrespectofeachandeveryoccurrenceofthedamagegivingrisetoaclaimunderthisClause,theInsurershallnotbeliableforthefirstseventy-two(72)hoursofsuchloss.

ItisaconditionprecedenttoanyliabilityoftheInsurerthattheInsuredshallobserveandfulfillrelevantlaws,regulationsandrequirementsonsecurity,sanitationandhealth,andshallexerciseduediligencetoavoidtheoccurrenceofthecontingenciesaforementioned.

TheindemnitylimitunderthisclauseshallnotexceedtherelevantsublimitsstatedinthePolicy.

ThisClauseissubjectotherwisetotheterms,conditionsandexclusionsofthisPolicy.

K09.Murder,InfectiousDisease,andFoodContaminationExtension(B)Itisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,thisPolicyisextendedtocoverlossasinsuredhereunderresultingfrominterruptionoforinterferencewiththeBusinesscarriedonbytheInsuredatthePremisesinconsequencesof:

ThecancellationoforinabilitytoacceptbookingsforaccommodationatthepremisesasaresultofanoutbreakofaninfectiousorcontagiousdiseaseoccurringatthePremises;MurderorsuicideoccurringatthePremises;InjuryorillnesssustainedbyanyguestarisingfromspoilageoforinfectiousmatterinfoodordrinksprovidedatthePremises;ClosingofthewholeorpartofthePremisesbyorderofacompetentpublicauthorityconsequentupondefectsinthedrainsandothersanitaryfacilitiesatthePremises.

ItisaconditionprecedenttoliabilityonthepartoftheInsurerthattheInsuredshallmakesureeveryarticleisappropriatelyusedandshallexerciseduediligencetoavoidtheoccurrenceofthecontingenciesaforementioned.

Theindemnitylimitunderthisclauseshallnotexceed__.

ThisClauseissubjectotherwisetotheterms,conditionsandexclusionsofthisPolicy.

K10.Murder,InfectiousDisease,andFoodContaminationExtension(C)Itisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,thisPolicyisextendedtocoverlossasinsuredhereunderresultingfrominterruptionoforinterferencewiththeBusinesscarriedonbytheInsuredatthePremisesinconsequencesof:

ThecancellationoforinabilitytoacceptbookingsforaccommodationatthepremisesasaresultofanoutbreakofaninfectiousorcontagiousdiseaseoccurringatthePremises;MurderorsuicideoccurringatthePremises;InjuryorillnesssustainedbyanyguestarisingfromspoilageoforinfectiousmatterinfoodordrinksprovidedatthePremises;ClosingofthewholeorpartofthepremisesbyorderofacompetentpublicauthorityconsequentupondefectsinthedrainsandothersanitaryfacilitiesatthePremises.

InrespectofeachandeveryoccurrenceofthedamagegivingrisetoaclaimunderthisClause,theInsurershallnotbeliableforthefirstthree(3)daysofsuchloss.

ItisaconditionprecedenttoliabilityonthepartoftheInsurerthattheInsuredshallmakesureeveryarticleisappropriatelyusedandshallexerciseduediligencetoavoidtheoccurrenceofthecontingenciesaforementioned.

ThisClauseissubjectotherwisetotheterms,conditionsandexclusionsofthisPolicy.

K11.InfectiousDiseaseExtensionItisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,thispolicyisextendedtocoverlossresultingfrominterruptionoforinterferencewiththebusinessasthedirectandsoleresultofNotifiableInfectiousDiseasemanifestedbyanypersonattheInsuredPremiseswhichresultsinthetotalclosure&/orquarantineoftheInsuredPremisesbyorderofacompetentgovernmentauthority.

Forthepurposeofthisinsurance,NotifiableInfectiousDiseasemeansillnesssustainedbyanypersonresultingfromanyhumaninfectiousorhumancontagiousdisease(excludingAcquiredImmuneDeficiencySyndrome(AIDS)),theoutbreakofwhichshouldbenotifiedtothecompetentpublicauthorities.

Forthepurposeofthisinsurance,IndemnityPeriodmeanstheperiodduringwhichtheresultsofthebusinessshallbeaffectedinconsequenceoftheNotifiableInfectiousDisease,beginningwitheffectivedateoftheorderissuedbythecompetentgovernmentauthorityandendingnotlaterthantheMaximumIndemnityPeriodthereafter.

Notwithstandinganyprovisiontothecontrarywithinanyotheradditionalclausesorendorsementsthereto,itisagreedthatthisinsuranceshallonlybeliableforinterruptionoforinterferencewiththeInsured’sbusinessasaresultofaninsuredeventoccurredwithinthelocationsasspecifiedintheschedule,whereintheinsuredcarriesonhisbusiness.

ProvidedthattheInsurers'liabilityunderthisextensionshallnotexceedperoccurrenceforallinsuredpartiesinrespectofallpremisesstatedinthepolicyandinaggregateunderthisextensionduringanyoneperiodofinsuranceandsubjecttothetimeexcessofthispolicy.

OccurrencemeansalossorseriesoflossarisingoutoftheeventofNotifiableInfectiousDiseaseoccurringduringtheperiodofinsurance.

ThisClauseissubjectotherwisetoothertermsandconditionsofthisPolicy.

K12.ClosureofOperationFacilityItisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,anylossresultingfrominterruptionoforinterferencewiththeInsured’sbusinessduetoshut-downofoperationfacilitybyorderoftheHealthAuthoritiesasaresultoffoodspoilageorcontamination,shallbeconsideredasthelossresultingfromthephysicaldamagetotheinsuredproperty,regardlesswhethertheinsuredpropertyaredamagedornot.

Forthepurposeofthisextension,IndemnityPeriodmeanstheperiodduringwhichtheresultsofthebusinessshallbeaffected,beginningwith72hoursaftertheoccurrenceofthelossandendingnotlaterthan12monthsthereafter.

ItisaconditionprecedenttoliabilityonthepartoftheInsurerthattheInsuredshallmakesureeveryarticleisappropriatelyusedandshallexerciseduediligencetoavoidtheoccurrenceofthecontingenciesaforementioned.

ThisClauseissubjectotherwisetotheterms,conditionsandexclusionsofthisPolicy.

K13.PublicUtilitiesExtensionItisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,lossasinsuredbythisPolicyresultingfrominterruptionoforinterferencewiththeBusinesscarriedonbytheInsuredatthePremisesinconsequenceoffailureofelectricity,gasorwatersupplyattheterminalendsoftheelectricityservicefeeders/GasWorks/WaterWorksfromwhichtheInsuredobtainedelectricsupply/Gas/wateratthePremisesdirectlyduetothedamage(aswithindefined)topropertyatanElectricityStationorSub-stationofPublicElectricitySupplyUndertakingfromwhichtheInsuredobtainedelectricsupply/Gas/watershallbedeemedtobelossresultingfromthedamagetopropertyusedbytheInsuredatthePremises.

Provided,however,thattheInsurershallnotbeliableforanylossoccasionedbythedeliberateactoftheGovernment,MunicipalorLocalAuthorityorSupplyAuthoritynotperformedforthesolepurposeofsafeguardinglifeorprotectinganypartofthesupplyundertaking'ssystemorbytheexercisebyanysuchauthorityofitspowertowithholdorrestrictorrationsupplynotnecessitatedsolelybythedamagetothesupplyundertaking'sgeneratingorsupplyequipmentbyaninsuredperils.

Forthepurposeofthethisinsurance,theIndemnityPeriodinrespectofeachdamageorofseriesofdamagesconsequentonorattributabletoonesourceororiginalcauseshallbeasfollows:

Theperiodbeginningwiththeoccurrenceofthedamageandendingnotlaterthansixty(60)daysthereafterduringwhichtheresultofthebusinessshallbeaffectedinconsequenceofthedamage.

ProvidedthattheInsurershallnotbeliableforanylossunlessthedurationofeachsuchfailureexceedstwenty-four(24)hoursandtheInsurershallnotbeliableforanylossforthefirsttwenty-four(24)hoursofeachsuchfailure.

Inanyaction,suitorotherproceedingswheretheInsurerallegesthatbyreasonoftheprovisionsofthisconditionanylossordamageisnotcoveredbythisinsurance,theburdenprovingthatthislossordamageiscoveredshallbeupontheInsured.

ThisClauseissubjectotherwisetotheterms,conditionsandexclusionsofthisPolicy.

K14.PublicUtilitiesExtension(B)Itisherebyagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,theInsurershallindemnifytheInsuredforthelossresultingfrominterruptionoforinterferencewiththeBusinesscarriedonbytheInsuredatthepremisesstatedinthePolicyinconsequenceoffailureofgasorwatersupplyattheterminalendsoftheGasWorks/WaterWorksfromwheretheInsuredobtainedgas/watersupply,ifsuchfailureisdirectlyduetothephysicaldamage(aswithindefined)topropertytherein.

Forthepurposeofthisinsurance,maximumindemnityperiodinrespectofeachoccurrenceshallbesixty(60)dayssincethedateofsuchfailure.

ThelimitofindemnityunderthisclauseshallbedeterminedbytheApplicantandspecifiedinthePolicy.Thelimitofindemnityshallnotexceed:

Innocaseshalltheinsurerbeliableforanylossoccurredinthefirsttwenty-four(24)hoursofeachsuchfailurecoveredhereinThisClauseissubjectotherwisetotheterms,conditionsandexclusionsofthisPolicy.

K15.LossofBookDebtsItisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,withintherespectivelimitsofsumsinsuredunderthisPolicy,intheeventoftherecordsofaccountsreceivablekeptonthepremisesbeinglost,destroyedordamagedbyanyoftheperilsinsuredagainstunderthisPolicytheInsurershallindemnifytheInsuredinrespectof:

allsumsduetotheInsuredfromcustomers,providedtheInsuredisunabletoeffectcollectionthereofasadirectresultofsuchloss,anycollectionexpenseinexcessofnormalcollectioncostandmadenecessarybecauseofsuchloss,auditor'schargesnecessarilyandreasonablyincurredinsubstantiatinganyclaimunderthisextensionProvidedthattheInsuredcansubstantiatethelossbydocumentaryevidencebyanAuditorandtheInsurer'smaximumliabilityunderthisextensionshallnotexceed.

Thisextensionappliesonlywithrespecttolossofordamagetorecordsofaccountsreceivableandoccurringduringtheperiodofinsurance.

ThisClauseissubjectotherwisetotheterms,conditionsandexclusionsofthisPolicy.

K16.SuppliersExtension(A)Itisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,lossasinsuredbythisPolicyresultingfrominterruptionoforinterferencewiththebusinessinconsequenceofthepropertydamageatthepremisesofthesuppliersoftheInsured,whichleadstothesuppliers'failuretoprovidetherawmaterials,commoditiesorgoodsinprocessnecessarilyfortheInsured’sbusiness,shallbedeemedtobelossresultingfromdamagetopropertyusedbytheInsuredatthepremises,andtheInsurershallbeliableforsuchlosssubjecttotheconditionsofthisPolicy.

Forthepurposeofthisinsurance,Suppliermeansanyindividual,firm,company,corporation,jointventureorentityfromwhichtheInsureddirectlyobtainssuppliesofcommodities,materials,components,goodsorservices,otherthansuppliersofpublicenergyandotherpublicfacilities.

TheInsurer'sliabilityunderthisextensionshallnotexceedforanyonesupplierandinaggregateduringtheperiodofinsurance.

ThisClauseissubjectotherwisetotheterms,ConditionsandExclusionsofthisPolicy.

K20.Customers/Suppliers/ContractorsItisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,lossasinsuredresultingfrominterruptionofandinterferencewiththebusinessinconsequenceofpropertydamageatthecustomers/suppliers/tollmanufacturers'premisesorinthecourseofconstructionexecutedbythecontractorsshallbedeemedtobelossresultingfromdamagetopropertyusedbytheinsuredatthepremises.

TheInsurer'sliabilityunderthisextensionshallnotexceedduringtheperiodofinsurance.

ThisClauseissubjectotherwisetotheterms,conditionsandexclusionsofthisPolicy.

K21.UnnamedSuppliers/CustomersItisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,lossasinsuredresultingfrominterruptionofandinterferencewiththebusinessinconsequenceofdamagetothepropertyoftheInsured'scustomersorsuppliersattheirpremisesinPRC,shallbedeemedtobelossresultingfromdamagetopropertyusedbytheinsuredatthepremises.

Thelimitofindemnityunderthisextensionclauseshallnotexceed.

ThisClauseissubjectotherwisetotheterms,ConditionsandExclusionsofthisPolicy.

K22.BombScare(onlyappliedtoPDBI)Itisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,lossasinsuredbythisPolicyresultingfrominterruptionoforinterferencewithBusinessinconsequenceofbombscareshallbedeemedtobelossresultingfromdamagetopropertyusedbytheInsuredatthePremises.

Thisclauseissubjectotherwisetotheterms,conditionsandexclusionsofthisPolicy.

K23.Governmentaction(Notexceeding__consecutiveweeks)Itisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,thisPolicyisextendedtocoverthelossasinsuredhereunderresultingdirectlyfromtheinterruptionoforinterferencewiththebusiness,duetothattheaccesstoanyinsuredpremisesisprohibitedbyorderofcivilauthorityasadirectresultofdamagetoordestructionofpropertyadjacenttothepremiseshereindescribedbytheperil(s)insuredunderphysicaldamageinsurance(PolicyNo.:).TheInsurer'sliabilityunderthisextensionshallnotexceedconsecutiveweeks,duringtheperiodofinsurance.

ThisClauseissubjectotherwisetotheterms,conditionsandexclusionsofthisPolicy.

K24.PublicAuthorityExtensionItisagreedandunderstoodthat,subjecttotheApplicanthavingpaidtheagreedadditionalpremium,intheeventoflossordamagetoPropertyinsuredunderthephysicaldamageinsurance,thisPolicyshallbeextendedtocoverthelossofGrossProfitasmaybeincurredorexpandedsolelybyreasonofthenecessitytocomplywithbuildingorotherregulationsunderorframedinpursuanceofanyordinancelaw,statute,rulesorwithbye-lawsofanyrelativepublicauthorityinthecourseofrepair,reconstruction,orreinstatement.

ThisClauseissubjectotherwisetotheterms,ConditionsandExclusionsofthisPolicy.

K33.DepartmentalClauseItisagreedandunderstoodthatifthebusinessbeconductedindepartmentstheindependenttradingresultsofwhichareascertainable,theprovisionsoftheitemongrossprofitshallapplyseparatelytoeachdepartmentaffectedbythedamageexceptthatiftheSumInsuredbythesaiditembelessthantheaggregateofthesumsproducedbyapplyingtherateofgrossprofitforeachdepartmentofthebusiness(Whetheraffectedbythedamageornot)toitsrelativeannualturnover(ortoaproportionatelyincreasedmultiplethereofwherethemaximumindemnityperiodexceedtwelve(12)monthstheamountpayableshallbeproportionatelyreduced.

ThisClauseissubjectotherwisetotheterms,conditionsandexceptionsofthisPolicy.

K34.Auditor’sFeesItisagreedandunderstoodthattheauditoroftheInsuredisauthorizedtoprovidethenecessaryaccountingrecordsoranyextractordetailoftheaccountingrecordsforthepurposeoftheinsurertoinvestigateorverifytheclaimunderthispolicy.Iftheauditorhappenstobeperformingseasonalworksrelatedwithforesaiddocuments,theaccounting/auditreportshallbethepreliminarysupportingdocuments.

Thisclauseissubjectotherwisetotheterms,conditionsandexclusionsofthisPolicy.

K35.Accountant's/AuditoFsFeesItisagreedandunderstoodthatanyparticularsordetailscontainedintheInsured'sbooksofaccountorotherbusinessbooksordocumentswhichmayberequiredbytheInsurersforthepurposeofinvestigatingorverifyinganyclaimhereundermaybeproducedbyprofessionalaccountantsifatthetimetheyareregularlyactingassuchfortheinsuredandtheirreportshallbeprimafacieevidenceoftheparticularsanddetailstowhichsuchreportrelates.

TheInsurershallindemnifytheInsuredforthereasonablefeesaforesaidpayabletoprofessionalaccountsorauditorsprovidedthatthesumoftheamountpayableunderthisextensionshallinnocaseexceed.

Thisclauseissubjectotherwisetotheterms,conditionsandexceptionsofthisPolicy.

K36.Errors&Omissions(A)ItisagreedandunderstoodthattheinterestoftheInsuredunderthisPolicyshallnotbeprejudicedintheeventofanyunintentionaldelayorerrororomissioninreportingnewlocationsacquiredoroccupiedorinreportinganyalterationofvaluesofpropertyorinreportingincreaseofhazardofthepropertyinsuredorothermaterialfacts,providedthatsuchdelay,errororomissionshallbeimmediatelyreportedtotheInsureruponsuchalterationcomingtotheInsured’sknowledge.

ThisClauseissubjectotherwisetotheterms,conditionsandexceptionsofthisPolicy.

K37.Errors&Omissions(B)ItisagreedandunderstoodthattheinterestoftheInsuredunderthisPolicyshallnotbeprejudicedintheeventofanyunintentionaldelayorerrororomissioninreportingnewlocationsacquiredoroccupiedorinreportinganyalterationofvaluesofpropertyorinreportingincreaseofhazardofthepropertyinsuredorothermaterialfacts,providedthatsuchdelay,errororomissionshallbeimmediatelyreportedtotheInsureruponsuchalterationcomingtotheInsured’sknowledgeandadditionalpremium,ifany,shallbechargedfromthedateofsuchincreaseofhazardtotheexpirationofthisPolicy.

Incorrect,defectorwrongvaluationshallnotbedeemedasunintentionalerrorsandomissions.

ThisClauseissubjectotherwisetotheterms,conditionsandexceptionsofthisPolicy.

RestrictionClausesX01.WarandTerrorismExclusionNotwithstandinganyprovisiontothecontrarywithinthisinsuranceoranyEndorsementtheretoitisagreedthatthisinsuranceexcludesdamage,costorexpenseofwhatsoevernaturedirectlyorindirectlycausedby,resultingfromorinconnectionwithanyofthefollowingregardlessofanyothercauseoreventcontributingconcurrentlyorinanyothersequencetotheloss:

War,invasion,actsofforeignenemies,hostilitiesorwarlikeoperations(whetherwarbedeclaredornot),civilwar,rebellion,revolution,insurrection,assumingtheproportionsoforamountingtoanuprising,militaryorusurpedpower;orAnyactofterrorism.

Forthepurposeofthisinsuranceanactofterrorismmeansanact,includingbutnotlimitedtotheunlawfuluseofforceorviolenceand/orthethreatthereof,ofanypersonorgroup(s)ofpersons,whetheractingalongoronbehalfoforinconnectionwithanyorganization(s)orgovernment(s),committedforpolitical,religious,ideological,orsimilarpurposesincludingtheintentiontoinfluenceanygovernment,and/ortoputthepublic,oranysectionofthepublic,infearforsuchpurpose..

ThisEndorsementalsoexcludesdamage,costorexpenseofwhatsoevernaturedirectlyorindirectlycausedby,resultingfromorinconnectionwithanyactiontakenincontrolling,preventing,suppressingorinanywayrelatingto(1)and/or(2)above.

IntheeventanyportionofthisEndorsementisfoundtobeinvalidorunenforceable,theremaindershallremaininfullforceandeffect.

ThisClauseissubjectotherwisetotheterms,ConditionsandExclusionsofthisPolicy.

X02.ITClarificationClausePropertydamagecoveredunderthisPolicymeansphysicaldamagetothesubstanceofproperty.Physicaldamagetothesubstanceofpropertyshallnotincludedamagetodataorsoftware,inparticularanydetrimentalchangeindata,softwareorcomputerprogramsthatiscausedbyadeletioncorruptionoradeformationoftheoriginalstructure.

ConsequentlythefollowingareexcludedfromthisPolicy:

Lossofordamagetodataorsoftware,inparticularanydetrimentalchangeindata,softwareorcomputerprogramsthatiscausedbyadeletion,acorruptionoradeformationoftheoriginalstructure,andanybusinessinterruptionlossesresultingfromsuchlossordamage.Notwithstandingthisexclusion,lossofordamagetodataorsoftwarewhichisthedirectconsequenceofinsuredphysicaldamagetothesubstanceofpropertyshallbecovered.

Lossordamageresultingfromanimpairmentinthefunction,availability,rangeofuseoraccessibilityofdata,softwareorcomputerprograms,andanybusinessinterruptionlossesresultingfromsuchlossordamage.

ThisClauseissubjectotherwisetotheterms,ConditionsandExclusionsofthisPolicy.

X03.TotalAsbestosExclusionItisherebyunderstoodandagreedthatthisPolicyshallnotapplytoanddoesnotcoveranyactualorallegedliabilitywhatsoeverforanyclaimorclaimsinrespectoflossorlossesdirectlyorindirectlyarisingoutof,resultingfromorinconsequenceof,orinanywayinvolvingasbestosoranymaterialscontainingasbestosinwhatsoeverformorquantity.

ThisClauseissubjectotherwisetotheterms,ConditionsandExclusionsofthisPolicy.

X04.Mold&FungiExclusionItisherebyagreedanddeclaredthat,subjectotherwisetothetermsandConditionsofthisPolicy,thisPolicyexcludestheDamageduetomoldandfungi.

ThisClauseissubjectotherwisetotheterms,ConditionsandExclusionsofthisPolicy.

X05.Y2KEXCLUSIONY2Kprobleminthisclausereferstoanylossofordamagetoorconsequentiallossoftheinsuredpropertydirectlyorindirectlycausedbyorresultingfromthemalfunctionsorinterruptionsofanycomputersystem,hardware,programs,software,microchips,media,integratedcircuits,andsimilardevicesinotherelectronicequipmentincurredbyorinanywayconnectedwith,whetherdirectlyorindirectly,thedatechangetotheyear2000,oranydatechangepriorto,duringandaftertheyear2000,includingtheleapyearcalculations.

TheInsurershallnotbeliableforanyloss,damageorconsequentiallosscausedbyorconsistingoforarisingfromthefailureorinabilityoftheaforesaidcomputersystemanddevices,whetherthepropertyoftheInsuredornot,to:

correctlyrecognizeanydateasitstruecalendardate;capture,save,retain,and/orcorrectlytomanipulate,interpretorprocessanydataorinformationorcommandorinstructionasaresultoftreatinganydateotherwisethanisitstruecalendardate;capture,save,retainorcorrectlytoprocessanydataasaresultoftheoperationofanycommandwhichhasbeenprogrammedintoanycomputersoftware,beingacommandwhichcausesthelossofdataortheinabilitytocapture,save,retainorcorrectlytoprocesssuchdataonorafteranydate;correctlyrecognize,sequence,computeorprocessanydatainconnectionwiththedatechangetotheyear2000,oranyotherdatechangeincludingleapyearcalculations;thepolicydoesnotcoveranyexpensesarisingfromorinanywayconnected,whetherdirectlyorindirectly,withanymeasurestakenwhetherpreventative,remedialorotherwisewiththeintentionofreplacing,changingormodifyinganycomputersystem,hardware,program,microchip,media,integratedcircuitandsimilardevicesinotherelectronicequipmentinconnectionwiththedatechangetotheyear2000,oranyotherdatechangeincludingleapyearcalculations.

ThisClauseisotherwisesubjecttothetermsandconditionsofthispolicy.

ClarificationClausesG01.DesignationItisagreedandunderstoodthatforthepurposeofdetermining,wherenecessary,thedefinitionofanypropertyherebytheInsureragreestoacceptthedesignationunderwhichsuchpropertyhasbeenenteredintheInsured’sbooks.

ThisClauseissubjectotherwisetotheterms,conditionsandexceptionsofthisPolicy.

G02.PremiumAdjustment(A)IftheInsureddeclaresatthelatestsix(6)monthsaftertheexpiryofanypolicyyearthattheGrossProfitearnedbytheInsuredduringtheaccountingperiodoftwelve(12)monthsmostnearlyconcurrentwithanyperiodofinsuranceascertifiedbytheInsured'sauditorswaslessthantheSumInsuredthereonaproratareturnofpremiumnotexceedingonethirdofthepremiumpaidonsuchSumInsuredforsuchperiodofinsuranceshallbemadeinrespectofthedifference.

IfanyaccidentisoccurredgivingrisetoaclaimunderthisPolicy,suchreturnofpremiumshallbemadeinrespectonlyofsomuchofthesaiddifferenceasisnotduetosuchaccident.

ThisClauseissubjectotherwisetotheterms,conditionsandexceptionsofthisPolicy.

G03.PremiumAdjustment(B)IftheInsureddeclaresatthelatest__monthsaftertheexpiryofanypolicyyearthattheGrossProfitearnedbytheInsuredduringtheaccountingperiodof__monthsmostnearlyconcurrentwithanyperiodofinsuranceascertifiedbytheInsured'sauditorswaslessthantheSumInsuredthereonaproratareturnofpremiumnotexceeding__ofthepremiumpaidonsuchSumInsuredforsuchperiodofinsuranceshallbemadeinrespectofthedifference.

IfanyaccidentisoccurredgivingrisetoaclaimunderthisPolicy,suchretu