MR 1375 – Flue Gas Purification Plants
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FLUE GAS PURIFICATION PLANTS
This endorsement forms part of section 1 and is subject otherwise to the terms, provisions, conditions and exclusions contained in the policy of insurance or endorsed theron.
1.1. In the event of loss of or damage to rubber and plastic-coated linings or plastic equipment the amount indemnifiable, including disposal costs, in respect of the items thus affected shall be depreciated dependent on the service life already attained by similar plants.
1.2. In the event of loss of or damage to catalysts the amount indemnifiable, including disposal costs, in respect of the items thus affected shall be depreciated dependent on the reduction in service life determined by recordings of activity.
1.3. The insured shall undertake to inspect linings and plastic equipment at least annually and before the end of the guarantee period and shall inform the insurer in good time so that the insurer’s agent may be present during the inspection at the insurer’s expense.
1.4. The insured shall submit an inspection report to the insurer which shall include but not be limited to
1.4.1 the condition of the linings and plastic installations;
1.4.2 the description and location of any defects or damage;
1.4.3 the description and location of the maintenance and repair work to be done;
1.4.4 information regarding the necessary use of modified materials.
2. Special exclusion
2.1. The insurer shall not indemnify the insured for loss of or damage to rubber and plastic-coated linings, plastic equipment and catalysts which
2.1.1. has not resulted from indemnifiable loss or damage to other property insured;
2.1.2. is a result of the continual effects of operation;
2.1.3. is a result of any fault, defect, error or omission in design, plan or specification, material or workmanship;
2.1.4. is a result of a fault, defect, error or omission in the application of the coating;
2.1.5. is a result of the corrosion of the support structure.
3.1. Loss of or damage to catalysts shall mean a more than 10% reduction in catalyst activity.
4.1. In respect of loss of or damage to catalysts the insurer shall not be liable for 20% of the loss or damage or the deductible specified in the schedule, whichever is the greater.
4.2. In respect of all other loss or damage the insurer shall not be liable for the deductible specified in the schedule.