SPECIAL INSURANCE EXCLUSION: DEFECTIVE PART ONLY EXCLUSION #
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:
- Exclusion
Clause 3.4.1 of the Exclusions at Section I – Project Works shall be deleted and replaced by the following wording:“3.4.1 any costs rendered necessary to replace, repair or rectify any property which is defective as a result of any fault, defect, error or omission in design, plan or specification, material or workmanship, but this exclusion shall be limited to the parts immediately effected by such defects and shall not extend to liability for loss or damage to parts of the Property Insured lost or damaged as a consequence thereof.”
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