MR 14013 – Special Insurance Cover: Off-Site Storage

SPECIAL INSURANCE COVER: OFF-SITE STORAGE #

This endorsement forms part of Section I

and is subject otherwise to the terms, provisions, conditions, limitations and exclusions contained in the Policy or endorsed thereon except for the following:

1. Indemnification
   The Insurer shall indemnify the Insured up to the Limit of Indemnity specified below for loss of or damage to Property Insured whilst in off-site storage within the Territorial Limit as defined below.

2. Special Exclusions
   2.1 The Insurer shall not indemnify the Insured in respect of
   2.1.1 liability for property being manufactured, processed or stored at the manufacturer’s, distributor’s or supplier’s premises, and
   2.2.2 for loss or damage caused by the neglect of generally accepted loss prevention measures for warehouses or storage units.

   Limit of Indemnity:                         Limit on first loss basis and in the aggregate
   Territorial Limit: