Property Investors Protection Plan policy document (PDF)

POLICY EXCLUSIONS Property Investors Protection Plan PolicySection ThreeUnder this Section the Company shall not beliable for any claim in respect of1 Injury to any Employee2 Loss of or damage toa) property belonging to the Insuredb) property which is leased let rentedhired or lent to or which is the subjectof a bailment to the Insured3 Injury loss or damage caused by or inconnection with or arising out of theownership possession or use by or onbehalf of the Insured of anya) aircraft hovercraft or watercraftb) mechanically-propelled vehicle ortrailer attached thereto (other thanmotorised garden implements used tomaintain the land belonging to thepremises described in the Schedule)4 Any consequence whether direct orindirect of war invasion act of foreignenemy hostilities (whether war bedeclared or not) civil war rebellionrevolution insurrection or military orusurped power5 Any legal liability of whatsoever naturedirectly or indirectly caused by orcontributed to by or arising froma) ionising radiations or contamination byradioactivity from any nuclear fuel orfrom any nuclear waste from thecombustion of nuclear fuelb) the radioactive toxic explosive or otherhazardous properties of any explosivenuclear assembly or nuclearcomponent thereof6 Liability for Pollution or Contaminationother than caused by a suddenidentifiable unintended and unexpectedincident which takes place in its entiretyat a specific time and place during thePeriod of InsuranceAll Pollution or Contamination which arisesout of one incident shall be deemed tohave occurred at the time such incidenttakes placeThe liability of the Company for alldamages payable in respect of allPollution or Contamination which isdeemed to have occurred during thePeriod of Insurance shall not exceed inthe aggregate the Limit of Indemnitystated in the ScheduleFor the purpose of this clause ‘Pollutionor Contamination’ shall be deemed tomeani) all Pollution or Contamination ofbuildings or other structures or ofwater or land or the atmosphereandii) all loss or damage or injury directly orindirectly caused by such Pollutionor Contamination7 This insurance does not provide anindemnity in respect of any liability ofwhatsoever nature directly or indirectlycaused or occasioned by or happeningthrough or in consequence of Terrorism orany action taken in controlling preventingsuppressing or in any way relatingto TerrorismFor the purposes of this Clause‘Terrorism’ means an act or acts (whetherthreatened or actual) of any person orpersons involving the causing oroccasioning or threatening of harm ofwhatever nature and by whatever meansmade or claimed to be made in whole orin part for political religious ideological orsimilar purposes34