SPECIAL INSURANCE EXCLUSION: PILING, FOUNDATION AND RETAINING WALL CONSTRUCTION WORK #
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:
- Exclusions
1.1. The Insurer shall not indemnify the Insured in respect of costs incurred:
1.1.1. for replacing or rectifying piles or retaining wall elements
1.1.1.1. which have become misplaced or misaligned or jammed during their construction,
1.1.1.2. which are lost or abandoned or damaged during driving or extraction, or
1.1.1.3. which have become obstructed by jammed or damaged piling equipment or casings,
1.1.2. for rectifying disconnected or de-clutched sheet piles,
1.1.3. for rectifying any leakage or infiltration of material of any kind,
1.1.4. for filling voids or for replacing lost bentonite,
1.1.5. as a result of piles or foundation elements having failed to pass a load bearing test or otherwise not having reached their designed load bearing capacity, and
1.1.6. for reinstating profiles or dimensions.
- Special conditions
2.1. These aforementioned special exclusions shall not apply to loss or damage resulting from a Natural Hazard.
2.2. The burden of proving that loss of or damage to Property Insured results from a Natural Hazard shall be upon the Insured.
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