MR 14116 – Special Insurance Cover: Insured Contract Works Taken Over or Put Into Service

SPECIAL INSURANCE COVER: INSURED CONTRACT WORKS TAKEN OVER OR PUT INTO SERVICE #

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:

1. Indemnification
   The Insurer shall indemnify the Insured in respect of physical loss of or damage to parts of the Property Insured that were taken over or put into service that occurred during the Period of Insurance and which is caused by or arises out of the execution of the Insured Contract(s) as set forth in the Schedule and which is covered under Section I.
2. Deductible
   In respect of each and every Occurrence of loss or damage, the Insurer shall not be liable for the Deductible specified below.

   Deductible:                                        each and every loss/event/Occurrence