MR 1203 – Special Insurance Cover: Liability Consequent Upon Vibration, Removal or Weakening of Support

SPECIAL INSURANCE COVER: LIABILITY CONSEQUENT UPON VIBRATION, REMOVAL OR WEAKENING OF SUPPORT #

This endorsement forms part of section 2

and is subject otherwise to the terms, provisions, conditions and exclusions contained in the policy of insurance or endorsed thereon.

1. Indemnification

1.1. The insurer shall indemnify the insured in respect of liability consequent upon loss or damage resulting from vibration or by the removal or weakening of support.

1.2. The indemnity provided by this endorsement shall not exceed during the period of insurance the aggregate limit of indemnity specified below.

2. Deductible

2.1. In respect of each and every occurrence of loss or damage, the insurer shall not be liable for the deductible specified below.

3. Special exclusions

3.1. The insurer shall not indemnify the insured in respect of liability for

3.1.1. loss or damage that is foreseeable having regard to the nature of the construction work or the manner of its execution,

3.1.2. superficial damage which neither impairs the stability of the property, land or buildings nor endangers their users,

3.1.3. the costs of loss prevention or minimization measures which become necessary during the period of insurance.

4. Special conditions

4.1. The insurer shall indemnify the insured in respect of liability for loss or damage to any property or land or building only if

4.1.1. such loss or damage results in the total or partial collapse,

4.1.2. prior to the commencement of construction its condition is sound and the necessary loss prevention measures have been taken.

4.2. If requested by the insurer, the insured shall, before the commencement of work and at its own expense, prepare a report on the condition of any endangered property or land or building.

Aggregate limit of indemnity:

Deductible: