fbpx

MR 1234 – Special Exclusion: Dams and Water Reservoirs

232

Search Knowledge Base by Keyword

You are here:
< Back

SPECIAL EXCLUSION: DAMS AND WATER RESERVOIRS

This endorsement forms part of section 1a and is subject otherwise to the terms, provisions, conditions and exclusions contained in the policy of insurance or endorsed thereon.

  1. Exclusion
    1.1. The insurer shall not indemnify the insured in respect of costs resulting from
    1.1.1. measures which become necessary to improve or stabilize ground conditions or for additional sealing or waterproofing,
    1.1.2. loss or damage caused by the breakdown of the de-watering system if such loss or damage could have been avoided by the availability of standby facilities,
    1.1.3. de-watering unless necessary to reinstate indemnifiable loss or damage,
    1.1.4. loss or damage caused by subsidence due to insufficient compaction,
    1.1.5. the remedying of any leakage.

Comments are closed.