Property Investors Protection Plan policy document (PDF)

DEFINITIONS Property Investors Protection Plan PolicyDefinitionsWherever the following words and phrases appear in the Policythey will always have these meaningsCompany/Our/Us/WeAXA Insurance UK plcBusinessThe ownership by the Insured of theProperty Insured includinga) maintenance occupation or use of theProperty Insured by the Insuredb) the provision and management ofcanteen sports social or welfareorganisations for the benefit ofEmployees and fire security first aidmedical and ambulance servicesc) private work undertaken with the priorconsent of the Insured by Employees forany director or senior official of theInsuredDamageThe word DAMAGE in capital letters shallmean accidental loss or destruction of ordamage to the Property Insured in respect ofSection 1 and accidental loss or destructionof or damage to the property used by theInsured at the Premises for the purposes ofthe Business in respect of Section 2Defined PerilThe words Defined Peril shall mean firelightning explosion aircraft or other aerialdevices or articles dropped therefrom riotcivil commotion strikers locked-out workerspersons taking part in labour disturbancesmalicious persons theft earthquake stormflood escape of water from any tankapparatus or pipe or impact by any roadvehicle or animalEmptyThe word Empty shall mean whollyunoccupied mainly unoccupied or not in useEmployeea) Any person under a contract of service orapprenticeship with the Insuredb) Any person who is hired to or borrowedby the Insuredc) Any person engaged in connection with awork experience or training schemed) Any labour master or person suppliedby hime) Any person engaged by labour-onlysub-contractorsf) Any self-employed person working on alabour-only basis under the control orsupervision of the Insured6