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Pure Financial Loss / Consequential Loss

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PURE FINANCIAL LOSS / CONSEQUENTIAL LOSS

It is hereby understood and agreed that this policy excludes all liability for financial loss where such loss is not consequent upon personal injury and/or property damage and shall not apply to any liability arising out of consequential loss or loss of use arising out damage to or destruction of any property belonging to any Principal or contractor for whom work is being performed by or on behalf of the named Insured.

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