Clearance Expences

CLEARANCE EXPENCES  (REMOVAL OF DEBRIS  max. 10% of TSI) #

On first loss basis

The insurance under this heading is not subject to the Average  Clause.

1. In consideration of the payment of an additional premium this policy extend to indemnify the Insured  in respect of the cost of removal of debris, demolition and any temporary repairs  necessary (including the Insured’s legal liability for the cost of removal of debris, demolition and temporary repairs in regard to adjoining premises, roadways or waterways, as well as on the site), consequent upon the destruction of or damage to any property, insured by the Insured’s Fire Policy (or Policies) occasioned by fire or any other peril thereby insured against.

Provided always :

• that such cost is not recoverable under any other Policy of Insurance:
• that the indemnify afforded by this insurance shall not apply to or include liability assumed by the Insured under agreement entered into after the commencing date of this insurance unless such liability would have attached to the Insured in the absence of such agreement.

2. sum Insured (max. 10% of Sum Insured and included in TSI)

which in no case shall exceed 10% of the total sum insured on building9s) and/or content