Traders Combined Policy

Transcription

1 Trders Comined Policy

2 Welcome Welcome to the Insurnce Corportion of the Chnnel Islnds. Thnk you for choosing us s your insurer. Your Policy (including the Schedule, Endorsements, Cluses nd Certifictes is evidence of legl contrct nd the document should e kept in sfe plce. We re hppy to provide duplictes if you misly ny prt of your documenttion. Plese red the Policy nd Schedule crefully nd if they do not meet your needs return them to us or your insurnce intermediry. Lw Applicle Under the lws of the United Kingdom (Englnd, Scotlnd, Wles nd Northern Irelnd) oth prties my choose the lw which pplies to this contrct, to the extent permitted y those lws. Unless the prties gree otherwise in writing, the Insurer hs greed with the Insured tht the lw which pplies to this contrct is the lw which pplies to the prt of the United Kingdom in which the Insured is sed, or, if sed in the Chnnel Islnds or the Isle of Mn, the lw of whichever of those two plces in which the Insured is sed. The prties hve greed tht ny legl proceedings etween them in connection with this contrct will only tke plce in the courts of the prt of the United Kingdom in which the Insured is sed, or, if the Insured is sed in either the Chnnel Islnds or the Isle of Mn, the courts of whichever of those two plces in which the Insured is sed. Your right s n Insured to tke legl ction remins unffected y the existence or use of ny complint procedure.

3 Sttutory Sttus Importnt Notice to Insureds Registered Insurer Insurnce Corportion of the Chnnel Islnds Limited, registered in Guernsey (No ), is licensed nd regulted y the Guernsey Finncil Services Commission, nd is lso licensed nd regulted y the Jersey Finncil Services Commission nd the Insurnce nd Pensions Authority in the Isle of Mn. Insurnce Corportion of the Chnnel Islnds Limited is memer of the RSA Group of Compnies. Compulsory Insurnce (Employers Liility) outside of Guernsey In respect of ny insurnce under this policy, required to meet legisltion encted in Gret Britin nd Northern Irelnd, Jersey nd the Isle of Mn the registered insurer shll e: Royl & Sun Allince plc (no 93792), Registered in Englnd nd Wles t St Mrk s Court, Chrt Wy, Horshm, West Sussex, RH12 1XL. Authorised y the Prudentil Regultion Authority nd regulted y the Finncil Conduct Authority nd the Prudentil Regultion Authority. Royl & Sun Allince plc is memer of the RSA Group of Compnies.

4 Customer Cre Clims Helpline We recognise tht losses men disruption to your usiness nd tht the ultimte test of ny insurnce policy is providing fst, effective clims service. Should you need to mke clim under your policy. Plese contct your roker for dvice in the first plce. Alterntively you cn contct our Clims Tem on during usiness hours or y emil icci.clims@insurncecorportion.com In the event of n emergency outside norml usiness hours, plese ring , where you will e le to spek to Chnnel Islnds Adjusters, our preferred loss djuster for lrge or emergency insurnce clims. Plese quote your Policy Numer which cn e found on your Schedule. Emergency Repirs Should emergency repirs e needed to your property, we will put you in touch with trdesmn from our crefully selected pnel. You will hve to py the cost of ny work done, ut where the dmge is cused y n insured event, you cn of course sumit the cost s prt of your clim. Whtever the nture of the emergency, you just need to mke single phone cll. Advice Lines Where do you turn for nswers to questions tht ffect your usiness? Our dvice lines will put you in touch with highly qulified experts who cn offer informtion nd ssistnce on wide rnge of issues: Legl ssistnce, Helth nd Sfety issues, Tx dvice. Plese cll the 24 hour Helpline quoting code

5 Clim Notifiction Conditions tht pply to this Policy in the event of clim re set out in the Policy Conditions pges of this Policy. It is importnt tht you comply with ll Policy Conditions nd you should fmilirise yourself with their requirements. Directions for clim notifiction re included in the Policy Conditions. Plese rememer tht events tht my give rise to clim under this insurnce must e notified s soon s resonly possile lthough there re some situtions where immedite notifiction is required. The Policy Conditions require you to provide us with ny resonle ssistnce nd evidence tht we my require concerning the cuse nd vlue of ny clim. Idelly, s prt of your initil clim notifiction, you should provide: Your nme, ddress, nd your emil nd contct numers Personl detils necessry to confirm your identity Policy numer The dte of the incident The cuse of the loss or dmge Detils of the loss or dmge together with clim vlue if known or in respect of injury the nture nd extent The crime reference numer where pplicle Nmes nd ddresses of ny other prties involved or responsile for the incident (including detils of injuries) nd ddresses of ny witnesses. This informtion will enle us to mke n initil evlution on policy liility nd clim vlue. We my, however, request dditionl informtion depending upon circumstnces nd vlue which my include the following: Originl purchse receipts, invoices, instruction ooklets or photogrphs Purchse dtes nd loction of lost or dmged property For dmged property, confirmtion from suitly qulified expert tht the item you re climing for is eyond repir. Sometimes, we or someone cting on our ehlf my wish to meet with you to discuss the circumstnces of the clim, to inspect the dmge or to undertke further investigtions. We tke pride in the clims service we offer to our customers. Our philosophy is to repir or replce lost or dmged property, where we consider it pproprite, nd we hve developed network of contrctors, repirers nd product suppliers dedicted to providing clim solutions. Where we cn offer repir or replcement through preferred supplier ut we gree to py csh settlement, then pyment will normlly not exceed the mount we would hve pid our preferred supplier.

6 Trders Comined Insurnce Policy Your Policy This Policy is contrct etween you (lso referred to s the Insured or your) nd us (lso referred to s the Insurer, we, our or Insurnce Corportion of the Chnnel Islnds). We would dvise for clrity tht lthough there my e more thn one prty detiled s Insured in the Schedule, in terms of the ppliction of Sums Insured, Limits of indemnity or cover under the Policy, there is still only one Insured or one prty or legl entity so there will only e two prties to the contrct of insurnce. This Policy nd ny Schedule, Endorsements, Cluses nd Certifictes should e red s if they re one document. Our cceptnce of this risk is sed on the informtion presented to us eing fir presenttion of your usiness including ny unusul or specil circumstnces which increse the risk nd ny prticulr concerns which hve led you to seek insurnce. We would drw your ttention to the Policy Conditions Policy Voidle where in the event of delierte or reckless misrepresenttion nd/or non-disclosure of ny unusul or specil circumstnces which increse the risk, we my void the policy. Our continued cceptnce is sed on ny chnges from the originl informtion presented eing dvised nd ccepted y us. We lso drw your ttention to the Policy Conditions Altertions where chnge in risk shll llow us to void clim or impose dditionl terms or conditions. Any reference to the singulr will include the plurl or vice vers. Any reference to ny sttute or sttutory instrument will include ny modifictions or reenctment thereto. This Policy my e cncelled: A B By us giving 30 dys notice, in writing, to you t your lst known ddress By you giving 30 dys notice, in writing, to us t the ddress shown in the Schedule. You will e entitled to proportionte return of premium unless clim hs een mde in the current Period of Insurnce. Mndy Hunt Mnging Director, Insurnce Corportion of the Chnnel Islnds

7 Policy Conditions It is requirement of the Insurer tht the following Policy Conditions pply s stted except so fr s is necessry to comply with the requirements of ny legisltion encted in Gret Britin, Northern Irelnd the Chnnel Islnds or the Isle of Mn relting to compulsory insurnce of legl liility to Employees. Applicle to the whole Policy unless otherwise stted: 1 Action y the Insured On the discovery of ny circumstnce or event which my give rise to clim under this Policy the Insured shll: A) Notify the Insurer s soon s resonly possile. B) Give notice within 24 hours to the Police Authority in respect of Dmge (other thn y fire or explosion) cused y mlicious persons or thieves if insured y this Policy. C) Crry out nd permit to e tken ny ction which my e resonly possile to prevent further Dmge nd to minimise or check ny interruption of or interference with the Business or to void or diminish the loss. D) Within 30 dys fter the circumstnces or event or of the expiry of the Indemnity Period or such further time s the Insurer my llow, nd t their own expense, deliver to the Insurer: i) Full informtion in writing of the clim ii) iii) iv) Detils of ny other insurnce relting to the clim All such usiness ooks, documents, proofs, informtion, explntion nd other evidence s my e resonly required ll of which informtion nd detils my e produced y the Insured s professionl ccountnts or uditors who re regulrly cting s such, their report eing prim fcie evidence of such informtion nd detils If demnded sttutory declrtion of the truth of the clim nd of ny mtter connected with it. E) In respect of Liility Insurnce: i) Every letter, clim, writ or summons nd process in connection with such circumstnces shll e forwrded to The Insurer without undue dely on receipt ii) Written notice shll lso e given without undue dely y the Insured to the Insurer immeditely the Insured shll hve knowledge of ny prosecution, inquest or inquiry in connection with ny circumstnce which my give rise to liility under this Policy. If the terms of this Condition hve not een complied with, nd s direct consequence, the mount for which the Insurer is lile under this Policy hs incresed, then no pyment shll e mde y the Insurer in respect of the mount of such increse. 2 Altertions This Policy shll e terminted if: A) The Business is wound up or crried on y liquidtor or receiver or permnently discontinued or B) The Insured s interest ceses otherwise thn y deth or C) Any ltertion is mde either in the Business or in the Premises or Property therein or ny other circumstnces wherey the risk is incresed unless otherwise stted. t ny time fter the commencement of this Policy unless its continunce e dmitted y the Insurer nd in respect of 2 C) the Insurer grees not to void the Policy provided tht: i) Such ltertion is not of such nture tht if the ltertion hd occurred prior to the commencement of this Policy the Insurer would not hve entered into this Policy on ny terms ii) iii) The Insured shll py n pproprite dditionl Premium if required y the Insurer with effect from the dte of the ltertion The Insurer shll e entitled to impose pproprite dditionl terms, other thn Premium, with effect from the dte of the ltertion. 3 Aritrtion Not pplicle to Liility Insurnces If ny difference rises s to the mount to e pid under this Policy (liility eing otherwise dmitted) such difference shll e referred to n ritrtor to e ppointed y the prties in ccordnce with the sttutory provisions. Where ny difference is, y this condition, to e referred to ritrtion, the mking of n wrd shll e requirement to ny right of ction ginst the Insurer. 4 Contriution A) Applicle to Property Dmge If t the time of ny clim, there is ny other insurnce covering the Insured s interest in the Property Dmged, the Insurer s liility under this Policy shll e limited to its rtele proportion of such clim, nd will e suject to ny Underinsurnce Provision. i) If ny such other insurnce is suject to ny Underinsurnce Provision, this Policy, if not lredy suject to ny Underinsurnce Provision shll e suject to the Provision in like mnner. ii) If ny other insurnce effected y or on ehlf of the Insured is expressed to cover ny of the Property insured ut is suject to ny provision wherey it is excluded from rnking concurrently with this Policy either in whole or in prt or from contriuting rtely to Dmge, the Insurer s liility shll e limited to such proportion of the Dmge s the Sum Insured ers to the vlue of the Property. B) Applicle to Liility Insurnce Other thn in respect of Extension 5 (Contingent Motor Liility) to Section 2 (Pulic/Products Liility), if t the time of ny clim there is or, ut for the existence there would e, ny other insurnces covering the sme legl liility, the indemnity will not pply except in respect of ny mount eyond tht which would hve een pyle under such insurnces hd this not een effected.

8 Where clim includes the defence of criminl proceedings rought or in ppel ginst conviction the Insurer will not py ny costs or expenses where cover is provided y ny other insurnce or where ut for the existence of this Policy it would hve een provided y such insurnce. 5 Economic, Finncil or Trde Snctions The Insurer shll not provide coverge or e lile to provide ny indemnity or pyment or other enefit under this Policy if nd to the extent tht doing so would rech ny Prohiition. If ny such Prohiition tkes effect during the Policy period the Insured or the Insurer my cncel tht prt of this Policy which is prohiited or restricted with immedite effect y giving written notice to the other prty t their lst known ddress. If the whole or ny prt of the Policy is cncelled the Insurer shll if nd to the extent tht it does not rech ny prohiition return proportionte mount of the premium for the unexpired period suject to minimum premium requirements nd provided no clims hve een pid or re outstnding. For the purposes of this Cluse Prohiition shll men ny economicl finncil or trde snctions imposed y the Europen Union or United Kingdom, or ny other prohiition or restriction imposed y lw or regultion of the country of which this Policy is issued or would otherwise provide cover. 6 Frud If clim is in ny respect frudulent or if ny frudulent mens or devices e used y the Insured or nyone ppointed to ct on their ehlf to otin ny enefit under this Policy or if ny Dmge, clim or loss is cused y the wilful ct or with the connivnce of the Insured, the Insurer will: A) Hve no liility to py ny prt of or the whole of the frudulent clim B) Be entitled to refuse ll clims rising fter the frudulent ction C) Remin lile for legitimte clims efore the frudulent ction D) Terminte the Policy from the dte of the frudulent ction whether or not the Policy hd expired efore the discovery of the frud. 7 Legl Representtion Applicle to Liility Insurnce Where the Insurer provides its consent to indemnify the Insured in respect of ny legl costs nd expenses in reltion to ny mtter which my form the suject of clim for indemnity under this Policy, the Insurer will choose n pproprite representtive (e it solicitor or otherwise) to ct on the Insured s ehlf. The Insurer will provide the Insured with detils of the nominted pproprite representtive prior to the representtive s instruction. In the event tht the Insured wishes to ppoint its own representtive, the Insured shll provide prior notifiction of its intention to do so nd seek the Insurer s written consent. The Insured grees tht in respect of its proposed representtive: i) The hourly rte (or such other fee sis s the cse my e to pply nd ii) The terms nd conditions of such ppointment shll e suject to the Insurer s prior pprovl. In the event of dispute regrding the mount of legl costs incurred y the Insured s representtive the Insured grees tht the Insurer will hve the option to udit ny files for the purpose of ssessing the costs climed. 8 Policy Voidle This Policy shll e voidle in the event of misrepresenttion, mis-description or non-disclosure in ny mteril prticulr. However, the Insurer grees not to void the Policy provided tht: A) Such misrepresenttion or non-disclosure hs not een delierte or reckless, B) Such misrepresenttion or non-disclosure hs not een of such nture tht, if the mteril prticulr hd een firly presented or hd een disclosed, the Insurer would not hve entered into this Policy on ny terms, C) The Insurer shll e entitled to impose pproprite dditionl terms (other thn Premium) with effect from inception or if pplicle the dte of the ltertion. If t the time of Dmge, clim or loss the Premium chrged to the Insured would hve een higher ut for the misrepresenttion or non-disclosure in ny mteril prticulr the liility of the Insurer for ny loss mount pyle shll e limited to the proportion tht the Premium chrged ers to the higher Premium. 9 Resonle Precutions The Insured, t their own expense shll: A) Tke resonle precutions to prevent ny circumstnces or to cese ny ctivity which my give rise to liility under this Policy nd to mintin ll uildings, furnishings, wys, works, mchinery, plnt nd vehicles in sound condition, B) As soon s resonly possile fter discovery cuse ny defect or dnger to e mde good or remedied nd in the mentime shll cuse such resonle dditionl precutions to e tken s the circumstnces my require. 10 Rights of the Insurer (Applicle only to Liility Insurnce) No dmission, offer, promise, pyment or indemnity shll e mde, or given, y or on ehlf of the Insured without the written consent of the Insurer; which shll e entitled to tke over the solute control of nd conduct in the nme of the Insured the negotition, proceeding, defence or settlement of ny clim or to prosecute ny clim in the nme of the Insured for its own enefit, nd shll hve full discretion in the conduct of ny proceeding nd in the settlement of ny clim. 11 Rights of Recovery Any climnt under this Policy shll, t the request nd expense of the Insurer, tke nd permit to e tken ll necessry steps for enforcing rights ginst ny other prty in the nme of the Insured efore or fter ny pyment is mde y the Insurer.

9 The Insurer shll not enforce ny rights ginst ny compny eing prent of or susidiry to the Insured or ny compny which is susidiry of prent compny of which the Insured is itself susidiry in ech cse s defined y the Compnies Act 1985 or the Compnies (Northern Irelnd) Order 1986 or or the Compnies (Guernsey) Lw 2008 or the Compnies (Jersey) Lw 1991 or the Isle of Mn Compnies Act The Insurer s Liility For ll purposes, including ut not limited to the ppliction of the Sums Insured, Limits, Limits of Liility or Limits of Indemnity nd considertion of when nd how the Policy will respond, ll prties included in the definition of the Insured in the Schedule, shll constitute one Insured, or one prty or legl entity, so tht there will e only two prties to the contrct of insurnce etween the Insured nd the Insurer. 13 Third Prty Contrct Rights No person other thn the Insured or the Insurer my enforce the terms of this Policy. nd the provisions of the Contrct (Right of Third Prties) Act 1999 do not pply.

10 Definitions The words listed elow crry the sme mening wherever they pper in the Policy if they commence with cpitl letter nd their mening is not vried y Definition in prticulr Section Business The occuption stted in the Mster Schedule Premises Tht prt of the uildings situted t the ddress or ddresses shown in Schedule 1 nd occupied y the Insured for the purposes of the Business Specified Goods Tocco cigrettes cigrs wines spirits jewellery precious metls or stones video equipment cssettes or discs computer or video gmes Generl Stock Stock nd mterils in trde excluding Specified Goods Business Equipment Business equipment fixtures fittings furniture mchinery fixed glss nd its frmework externl linds nd signs nd ll other contents (including personl effects or tools elonging to the Insured or ny director prtner customer or Employee of the Insured) excluding Money Specified Goods Generl Stock nd lndlord s fixtures nd fittings Money Csh Bnk Notes Cheques Girocheques Bnkers Drfts Money Orders Postl Orders Bills of Exchnge unused Postge Stmps Ntionl Insurnce Stmps Ntionl Svings Stmps nd Certifictes Holidys with Py Stmps Credit Compny Sles Vouchers V.A.T. Purchse Invoices Customer Redemption Vouchers nd unused units in frnking mchines ll the Insured s own or for which he is leglly responsile nd Trding Stmps nd Luncheon Vouchers the Insured s own only whilst in his custody The following insofr s they re used in connection with the Business nd not intended for sle Business Mchines Csh registers scles typewriters clcultors mixers food slicers coffee grinding mchines rotisseries microwve ovens hirdressing pprtus telephone instlltions fixed pulic ddress nd music systems television sets nd frnking mchines Dmge Loss destruction or dmge Employee ny person under contrct of service or pprenticeship with the Insured or ny person supplied to or hired or orrowed y the Insured whilst engged in the course of the Business Territoril Limits The Chnnel Islnds Gret Britin Northern Irelnd or the Isle of Mn 3

11 Section 1 Contents A COVER The Property descried in Schedule 1 elonging to the Insured or for which the Insured is leglly responsile is covered ginst Dmge sustined t the Premises (including costs nd expenses necessrily incurred in removing deris following such Dmge) cused y 1 fire explosion lightning erthquke 2 riot lour or politicl disturnces 3 mlicious persons or vndls 4 storm or flood ut excluding Dmge to Property in grden yrd or in the open 5 flling trees or prts of trees ut excluding Dmge cused y the felling or lopping of trees or y tree roots 6 ursting overflowing or lekge of wter tnks pprtus or pipes or the escpe of oil from ny fixed domestic heting instlltion or ccidentl dischrge or lekge from ny utomtic sprinkler instlltion provided such dischrge or lekge is not cused y freezing nd excluding Dmge whilst the Premises re empty or disused 7 lekge of eer nd other everges from storge continers nd connected pprtus 8 impct y ny niml vehicle or ircrft or other eril device or rticles dropped therefrom 9 theft or ttempted theft involving entry to or exit from the Premises y forcile nd violent mens s result of ctul or thretened violence or ssult to the Insured ny prtner director or Employee of the Insured or ny person lwfully on the Premises 10 rekge of fixed glss B ADDITIONAL COVER This Section lso covers Business Mchines Dmge to Business Mchines y ny ccident or misfortune t the Premises Property in Motor Vehicles Dmge to Property (other thn the Excluded Property elow) y ny ccident or misfortune whilst in or on or eing loded onto or unloded from ny motor vehicle (other thn triler) within the Territoril Limits nd owned y or operted under the direct control of the Insured up to 750 ny one occurrence Excluded Property livestock furs cr telephones wtches jewellery gold nd silver rticles precious metls nd stones non-ferrous metls csh stmps nk notes ills of exchnge securities deeds documents mnuscripts or plns chin glss erthenwre pictures or scientific instruments unless Dmge is cused y fire theft n ccident to the motor vehicle or n oject flling onto the motor vehicle Property removed for clening nd repir Dmge to Business Equipment (other thn personl effects elonging to the Insured or ny director prtner or Employee of the Insured) whilst temporrily removed from the Premises for clening renovtion or repir within the Territoril Limits if Dmge is cused y peril specified in COVER of this Section Fixed Glss Blinds nd Signs Dmge (other thn Dmge y scrtching) to fixed glss (including its frmework lettering or ny intruder lrm foil ttched to it) nd fixed externl linds nd signs t the Premises y ny ccident or misfortune including the cost of necessry ording up 4

12 pending replcement Replcement of Locks Costs incurred s result of the necessry replcement of locks t the Premises following theft s descried in 9 of COVER of this Section of keys from the Premises or from the home of ny director prtner or Employee uthorised y the Insured to hold such keys provided tht the Insurers liility shll not include the cost of replcing the locks of ny sfe or strongroom if the keys to such locks re left on the Premises whilst closed for usiness or exceed 500 ny one occurrence C ADDITIONAL PROPERTY COVERED This Section extends to cover Dmge to the following property y ny ccident or misfortune if it is owned y the Insured or the Insured is leglly responsile for it Television Aerils Rdio nd television receiving erils stellite erils their fittings or msts t the Premises Premises The Premises if Dmge is cused y theft or ttempted theft s descried in COVER of this Section Underground Pipes nd Cles Underground wter gs electricity sewge dringe or telephone pipes wires or cles extending from the Premises to the pulic min Snitry Fittings Fixed snitry wre nd fittings in the uildings situted t the ddress or ddresses shown in Schedule 1 D LIMITS OF LIABILITY The Insurers liility during ny one Period of Insurnce shll not exceed in respect of 1 ny Property specified in Schedule 1 the Sum Insured set ginst it 2 ll Dmge the totl of the Sums Insured specified in Schedule 1 3 personl effects or tools elonging to the Insured or ny director prtner customer or Employee of the Insured 500 ny one person suject to the other limits specified in this Section nd to the Insurers liility in respect of Specified Goods nd Generl Stock t the Premises eing incresed y 20% during the periods 14 dys either side of Ester Dy nd 1st Novemer to 31st Decemer nnully Index-Linking To help to comt infltion the Sums Insured on the Contents will e utomticlly incresed in ccordnce with the relevnt sections of the Index of Retil Prices s issued y the Sttes of Guernsey nd Jersey (or n lterntive index selected y the Insurers) provided tht` 1 ny djustment mde to the Sum Insured will e sed on the ltest figures ville to the Insurers 2 t ech renewl the premium will e clculted on the djusted Sum Insured then in force Protection fter Loss The Sums Insured in Schedule 2 on ny Business Equipment Item which sustins Dmge y cuse covered y this Section will continue to e index-linked following such Dmge while the property is eing reinstted provided tht the Insured tkes ll resonle steps to ensure tht the reinsttement is crried out without undue dely E CLAIMS SETTLEMENT Following Dmge the Insurers will py the cost of reinstting the Property equl to its condition when new provided tht 1 this is crried out without dely nd in the most economicl mnner 2 when ny Property is prtilly dmged the Insurers liility shll not exceed the reinsttement cost tht would hve een 5

13 incurred hd it een wholly destroyed 3 no pyment will e mde until reinsttement hs een crried out 4 if the dmged Property is not reinstted loss will e settled fter llownce for deprecition 5 in respect of deeds documents nd usiness ooks the Insurers liility shll not exceed their vlue s sttionery together with the clericl cost of re-writing Underinsurnce If t the time of Dmge the totl of the Sums Insured specified in Schedule 1 is less thn 85% of the reinsttement cost of the Property covered y this Section the Insurers shll er only tht proportion of the Dmge which the totl of the Sums Insured er to the totl reinsttement cost F EXCEPTIONS The Insurers will not e lile under this Section for Dmge 1 to motor vehicles or ccessories whilst thereon 2 to linds or signs not securely fixed to the Premises 3 rising from theft or ttempted theft c d where the Insured or ny director prtner or Employee of the Insured or memer of the Insured s household is concerned s principl or ccessory from n outuilding from n unttended vehicle unless ll doors nd the oot hve een locked nd the windows nd other mens of ccess secured from vehicle left unttended t ny time outside ny working dy of the driver or on non-working dys or during ny rest period of the driver exceeding two hours unless the vehicle is i locked nd secured in ccordnce with su-prgrph 3c ove nd ii grged in securely closed nd locked uilding or prked in yrd which is fully enclosed nd securely closed nd locked 4 to Property in soft-topped open-topped or open-sided vehicles if cused y theft ttempted theft mlicious persons vndls or storm 5 cused y or resulting from c virtion settlement susidence rusting corrosion wer nd ter deteriortion deprecition insects vermin or ny process of clening repir removl or erection mechnicl or electricl rekdown or use contrry to the mnufcturers instructions tmospheric or other wether conditions other thn lightning hil or storm 6

14 G OPTIONAL ACCIDENTAL DAMAGE COVER This cover does not pply unless the Schedule sttes tht Accidentl Dmge is included Cover The property insured under this Section elonging to the Insured or for which the Insured is leglly responsile is covered ginst ccidentl loss destruction or dmge including costs nd expenses necessrily incurred in removing deris demolishing shoring-up or propping following such Dmge Exceptions The Insurers will not e lile under this extension 1 for Dmge cused y c d e fulty or defective design mterils or workmnship inherent vice ltent defect grdul deteriortion wer nd ter or frost corrosion rust dmpness dryness wet or dry rot shrinkge evportion loss of weight contmintion pollution chnge in temperture colour flvour texture or finish vermin insects mrring or scrtching susidence ground heve or lndslip or the norml settlement or edding down of new structures collpse or crcking of uildings escpe overflowing dischrging or leking of wter tnks pprtus or pipes when the Premises re empty or disused 2 for Dmge to Property cused y its mechnicl or electricl rekdown or derngement its undergoing ny process 3 for consequentil loss of ny kind 4 for Dmge due to disppernce unexplined or inventory shortge misfiling or misplcing of informtion 5 ny loss destruction Dmge specificlly excluded elsewhere in this policy 6 The Excess stted in the Schedule 7

15 Section 1 Money A COVER Whilst within the Territoril Limits 1 Money is covered ginst Dmge 2 ny sfe strongroom cse csh ox g or wistcot used for the storge or crrige of Money is covered ginst Dmge s result of theft or ttempted theft of Money whilst i ii iii iv in the Insured s Premises in trnsit in nk night sfe until removed y n uthorised nk officil in the dwelling of the Insured or of ny person to whom such Money is entrusted up to the Limits of Liility elow in respect of ny one occurrence B LIMITS OF LIABILITY 1 Crossed Cheques Crossed Girocheques Crossed Bnkers Drfts Crossed Money Orders Crossed Postl Orders used Ntionl Insurnce Stmps Ntionl Svings Certifictes Credit Compny Sles Vouchers nd V.A.T. Purchse Invoices 250,000 2 Money (other thn 1 ove) in the Premises when closed for usiness nd not contined in locked sfe or strongroom 250 in the dwelling of the Insured or of ny person to whom such Money is entrusted Money (other thn 1 ove) in the Premises when closed for usiness nd contined in locked sfe or strongroom Money (other thn 1 to 3 ove) 1,000 or 10% of the totl of the Sums Insured specified in Schedule 1 if greter suject to mximum of 5,000 5 ny sfe strongroom cse csh ox g or wistcot 2,500 C EXCEPTIONS The Insurers will not e lile under this Section for 1 Dmge due to error or omission in receipts pyments or ccounting prctice consequentil loss of ny kind 2 Dmge due to the dishonesty of ny director prtner or Employee of the Insured unless discovered within seven working dys of its occurrence 3 Dmge resulting from sfe or strongroom eing opened y the use of key or comintion code through the key or comintion code hving een left on the Premises whilst closed for usiness 4 Theft from n unttended vehicle 8

16 Section 1c Interruption of the Business Definitions Gross Profit receipts less cost of goods sold (djusted for opening nd closing stocks) food nd lundry Rte of Gross Profit Gross Profit expressed s percentge of receipts Outstnding Deit Blnces the sums outstnding in the Insureds records of the individul mounts owed to the Insured y customers Turnover the Money pid or pyle to the Insured for ccommodtion provided services rendered nd for goods sold in course of the Business t the Premises Indemnity Period the period eginning with the occurrence of the Dmge nd ending not lter thn the Mximum Indemnity Period therefter during which the results of the Business shll e ffected in consequence of the Dmge Rte of Trding Profit the Rte of Trding Profit erned on the Turnover during the finncil yer immeditely efore the dte of the Dmge - djusted s my e necessry to provide for vritions in or other circumstnces ffecting the Business so tht the djusted figures shll represent s fr s possile the results which ut for the Dmge would hve een otined during the reltive period fter the Dmge Annul Turnover the Turnover during the twelve months immeditely efore the end of the Dmge - djusted s my e necessry to provide for vritions in or other circumstnces ffecting the Business so tht the djusted figures shll represent s fr s possile the results which ut for the Dmge would hve een otined during the reltive period fter the Dmge Stndrd Turnover the Turnover during tht period in the twelve months immeditely efore the dte of the Dmge which corresponds with the Indemnity Period - djusted s my e necessry to provide for vritions in or other circumstnces ffecting the Business so tht the djusted figures shll represent s fr s possile the results which ut for the Dmge would hve een otined during the reltive period fter the Dmge N.B. If during the Indemnity Period ccommodtion shll e provided services rendered or goods sold elsewhere thn t the Premises for the enefit of the Business either y the Insured or y others on his ehlf the Money pid or pyle in respect of such ccommodtion services or sles shll e rought into ccount in rriving t the Turnover during the Indemnity Period A COVER If the Business is interrupted ecuse of Dmge 1 for which the Insurers hve dmitted liility under Section 1A Contents or Section 2 Buildings or 2 to the Insureds records of mounts owed y customers sustined within the Territoril Limits y cuse covered under Section 1A Contents the Insurers will py for the trding loss during the period eginning with the occurrence of Dmge nd ending not lter thn 36 months during which the results of the Business shll e ffected in consequence of the Dmge in ccordnce with CLAIMS SETTLEMENT of this Section Provided tht when the Dmge occurs there is insurnce in force covering the Insured s interest in the uilding or other property t the Premises ginst such Dmge under which pyment hs een mde or liility dmitted or liility would hve een dmitted ut for the exclusion in such insurnce losses elow specified mount 9

17 B ADDITIONAL COVER Prevention of Access The cover provided y this Section extends to include interruption of the Business s result of Dmge to property in the vicinity of the Premises y cuse covered under Section 1A Contents which hinders or prevents ccess to the Premises Disese Infesttion nd Detective Snittion The occurrence t the Premises of murder suicide food or drink poisoning vermin pests defective snittion or ny humn infectious or contgious disese (excluding Acquired Immune Deficiency Syndrome (AIDS) or ny AIDS relted condition) n outrek of which the Sttes of Guernsey or Jersey or Locl Government Authority hs stipulted shll e notified to them Pulic Utilities Accidentl filure of pulic supplies of electricity gs or wter t the terminl ends of the pulic supply undertkings feed to the Premises not occsioned y the delierte ct of ny supply uthority or y the exercise y ny such uthority of its power to withdrw or restrict supply Suppliers Dmge t the Premises of supplier of the Insured y cuse covered under Section 1A Contents nd hppening within the Territoril Limits C LIMITS OF LIABILITY The Insurers liility for ll loss resulting from interruption of the Business rising during ny one Period of Insurnce shll not exceed 1 450,000 in respect of interruption t ny one premises 2 25,000 in respect of Outstnding Deit Blnces 3 25,000 in respect of Dmge t the premises of supplier D CLAIMS SETTLEMENT The Insurers will py 1 in respect of reduction in sles - the Rte of Gross Profit on ny shortfll in expected sles less ny chrges or expenses which re reduced ecuse of the interruption 2 in respect of Outstnding Deit Blnces - the mount y which the Outstnding Deit Blnces trced or received following the Dmge shll fll short of the Outstnding Deit Blnces efore the Dmge occurred 3 in respect of dditionl expenditure - tht resonly incurred to void reduction in sles (ut not exceeding the mount which would otherwise hve een pyle under 1 ove) or in trcing nd estlishing the Outstnding Deit Blnces 4 in respect of professionl ccountnts chrges - those resonly incurred y the Insured for producing nd certifying ny prticulrs required y the Insurers in connection with the investigtion nd verifiction of clim Underinsurnce If t the time of Dmge the Sum Insured y this item e less thn the sum produced pplying the Rte of Gross Profit to the Annul Turnover (or to proportiontely incresed multiple thereof where the Mximum Indemnity Period exceeds twelve months) the mount pyle shll e proportiontely reduced 10

18 Section 1d Legl Liilities Definitions Insured Any person or ny compny registered in the Chnnel Islnds Gret Britin Northern Irelnd or the Isle of Mn nd descried in the Mster Schedule Business The occuption stted in the Mster Schedule which shll include the provision of ctering socil sports nd welfre fcilities for Employees fire first-id nd mulnce services nd privte work undertken with the consent of the Insured y n Employee for director prtner or Employee of the Insured 1 the Chnnel Islnds Gret Britin Northern Irelnd or the Isle of Mn 2 elsewhere in the world in respect of c ny ct or omission occurring within 1 ove Injury to or the cts or omissions of persons normlly resident in the territories specified in 1 ove ut temporrily engged in the Business outside such territories Injury or Dmge cused y Products Injury odily injury including deth nd disese Property mteril property Finncil Loss pecuniry loss cost or expense incurred y ny person other thn the Insured resulting from escpe or dischrge of ny sustnce or gs from ny premises the property of or in the occuption of the Insured stoppge of or interference with pedestrin vehiculr ril ir or wterorne trffic not cused y Products Products goods (including continers nd pckging) not in the custody or control of the Insured sold or supplied y the Insured in connection with the Business from ny premises within the territories specified in 1 of Territoril Limits nd ny error in connection with the sle supply or presenttion of such goods Principl ny prty (other thn director prtner or Employee of the Insured) on whose ehlf the Insured in the course of the Business is undertking work excluding the sle or supply of Products Pollution or Contmintion ll pollution or contmintion of uildings or other structures or of wter or lnd or the tmosphere nd ll Injury Dmge or Finncil Loss directly or indirectly cused y such pollution or contmintion A COVER 1 In the event of Injury to ny person Dmge to Property other thn i ii Property elonging to the Insured or in his custody or control or Property in the custody or control of ny Employee hppening during the Period of Insurnce in the Territoril Limits nd cused either in connection with the Business or y Products the Insurers will suject to the Limits of Liility indemnify the Insured ginst legl liility for dmges nd climnts costs nd expenses incurred in respect of such Injury or Dmge 11

19 In prgrph 1 ove the expression custody or control shll not pply to i ny uilding (including its fixtures fittings nd contents provided tht in respect of ny uilding which is lesed hired or rented to the Insured the Insurers shll not e lile in respect of c Dmge to its contents the first 100 of ech nd every clim for Dmge cused other thn y fire or explosion liility rising solely ecuse of contrct ii visitors directors prtners nd Employees personl effects including motor vehicles nd their contents 2 if the Insured comprises more thn one prty (which term in the cse of prtnership includes ech individul prtner) the Insurers will indemnify ech in the terms of this Section ginst liility incurred to the other s if such other ws not included s n Insured 3 The Insurers will in ddition py dvoctes nd/or solicitors fees for representtion t ny Coroner s Inquest or ftl inquiry or Court of Summry Jurisdiction in respect of ny event which my e the suject of indemnity under 1 ove B INDEMNITY TO OTHER PERSONS The Insurers will indemnify in the terms of this Section 1 if the Insured so requests ny director or Employee in respect of liility for which the Insured would hve een entitled to indemnity if the clim hd een mde ginst him ny officer or memer of the Insured s cnteen socil sports or welfre orgnistions nd fire first-id nd mulnce services 2 ny Principl to the extent tht the contrct etween the Insured nd such Principl so requires in respect of liility rising from the performnce of work on ehlf of such Principl 3 the legl personl representtives of ny person entitled to indemnity under this Section in respect of liility incurred y tht person if the Insurers re lile to indemnify more thn one prty the totl mount of indemnity to ll such prties including the Insured shll not exceed the Limits of Liility C ADDITIONAL COVER 1 The Insurers will indemnify the Insured ginst legl liility incurred y the Insured during the Period of Insurnce in respect of Finncil Loss suject otherwise to the terms of this Section 2 notwithstnding Exception 3 of this Section nd provided the Insured is not more specificlly insured under ny other policy the Insurers will indemnify the Insured in the terms of this Section in respect of Injury Dmge or Finncil Loss cused y ny motor vehicle which is owned y or in the possession of or eing used y or on ehlf of the Insured i ii which is not licensed for rod use nd which is eing used in circumstnces which do not require insurnce or security under ny rod trffic legisltion designed or dpted primrily for use s tool ut this indemnity shll not pply to liility in respect of which ny rod trffic legisltion requires insurnce or security rising during the ct of loding or unloding motor vehicle or the ringing to or tking wy of lod from such vehicle 12

20 3 notwithstnding Exception 3 of this Section the Insurers will indemnify the Insured nd no other person in the terms of this Section in respect of the use of ny motor vehicle not the property of or provided y the Insured nd eing used in the course of the Business the Insurers shll not e lile in respect of Dmge to ny such vehicle Injury Dmge or Finncil Loss rising while such vehicle is eing driven y the Insured provided tht the Insurers shll not e lile under this extension if the Insured is entitled to indemnity under ny other insurnce 4 the Insurers will t the request of the Insured indemnify ny director or Employee of the Insured ginst legl costs nd expenses incurred in the defence of ny criminl proceedings rought for rech of the relevnt Helth nd Sfety legisltion in the Chnnel Islnds Gret Britin Northern Irelnd or the Isle of Mn committed or lleged to hve een committed during the Period of Insurnce including legl costs nd expenses incurred with the consent of the Insurers in n ppel ginst conviction rising from such proceedings provided tht the Insurers shll not e lile for the pyment of fines or penlties 5 for UK risks the Insurers will indemnify the Insured in the terms of this Section ginst legl liility incurred y the Insured under Section 3 of the Defective Premises Act 1972 or Section 5 of the Defective Premises (Northern Irelnd) Order 1975 in respect of Injury or Dmge occurring within period of seven yers from the expiry or cncelltion of this policy provided tht the Insurers shll not e lile under this extension if the Insured is entitled to indemnity under ny other insurnce 6 for UK risks when cover is opertive for Injury or Dmge cused y Products the Insurers will indemnify the Insured nd t the request of the Insured ginst legl costs nd expenses incurred with the Insurers written consent in the defence of ny criminl proceedings rought for rech of Prt II of the Customers Protection Act 1987 committed or lleged to hve een committed during the Period of Insurnce including costs of prosecution wrded ginst the Insured nd legl costs nd expenses incurred with the consent of the Insurers in ppel ginst conviction from such proceedings provided tht the Insurers shll not e lile for the pyment of fines or penlties D LIMITS LIABILITY 1 Any clim or numer of clims rising out of one cuse for Injury to Employees including climnt s costs nd ny other costs nd expenses incurred with the Insurers written consent up to limit of 10,000,000 2 Any other clim or numer of clims rising out of one cuse including climnt s costs nd expenses up to 1,000,000 Provided tht the Insurers liility in ny one Period of Insurnce in respect of i Injury Dmge or Finncil Loss rising directly or indirectly from Pollution or Contmintion which is deemed to hve occurred during ny such Period shll not exceed 1,000,000 ii Injury or Dmge hppening during ny such Period nd cused y Products shll not exceed 1,000,000 The Insurers will in ddition in respect of ny other clim or numer of clims rising out of one cuse py ny other costs nd expenses incurred with their written consent 13

21 E EXCEPTIONS THE FOLLOWING EXCEPTIONS DO NOT APPLY TO LIABILITY IN RESPECT OF INJURY TO EMPLOYEES The Insurers will not e lile in respect of 1 ny liility for c ny mount in respect of liquidted dmges fines or penlties Injury or Dmge cused y Products Finncil Loss which ttches solely ecuse of contrct 2 the cost of rectifying defective work Dmge to or the cost of reclling removing repiring or replcing Products rising from defect in or n error in connection with the sle supply or presenttion of such Products 3 Injury Dmge or Finncil Loss rising out of the use of or cused y ny crft designed to trvel in on or through wter ir or spce (other thn hnd propelled crft) or ny motor vehicle which is owned y or in the possession of or eing used y or on ehlf of the Insured 4 Injury Dmge or Finncil Loss which results from ny delierte ct or omission of the Insured his prtners directors or mngeril Employees nd which could resonly hve een expected hving regrd to the nture nd circumstnces of such ct or omission this Exception shll lso pply in respect of ny delierte ct or omission of ny other person climing indemnity ut only so fr s indemnity to such person is concerned 5 Injury Dmge or Finncil Loss rising out of or in connection with the exercise y the Insured his prtners ssistnts Employees or ny person cting for him or on his ehlf hving professionl qulifictions of professionl skill ssocited with such qulifictions the dispensing of ny medicine 6 Injury or Dmge cused y Products incorported in crft designed to trvel through ir or spce which hve een specificlly supplied y the Insured for tht purpose nd re directly connected with the sfety of such crft 7 Injury Dmge or Finncil Loss which rises directly or indirectly from Pollution or Contmintion unless such Pollution or Contmintion is cused y sudden identifile unintended nd unexpected incident which tkes plce in its entirety t specific time nd plce during the Period of Insurnce for the purposes of this Exception ll Pollution or Contmintion which rises out of one incident shll e deemed to hve occurred t the time such incident tkes plce THE FOLLOWING EXCEPTIONS APPLY ONLY TO LIABILITY IN RESPECT OF INJURY TO EMPLOYEES the Insurers will not e lile in respect of 8 Injury rising in connection with work on offshore instlltions or trnsit thereto or therefrom 9 Injury rising when ny Employee is i ii crried in or upon vehicle entering or getting on to or lighting from vehicle in circumstnces where ny rod trffic legisltion requires insurnce or security F RIGHT OF RECOVERY The indemnity grnted y this Section is deemed to e in ccordnce with the provisions of ny lw encted in the Chnnel Islnds Gret Britin Northern Irelnd or the Isle of Mn relting to the compulsory insurnce of liility to Employees ut the Insured shll repy to the Insurers ll sums pid y the Insurers which the Insurers would not hve een lile to py ut for the provisions of such lw 14

22 Section 1e Personl Accident (Assult) Definition A the Insured or ny director prtner or Employee of the Insured or ny person to whom the Insured hs entrusted Money other thn n Employee of professionl security compny or orgnistion COVER If n Insured Person suffers ccidentl odily injury s descried elow s direct result of roery or ttempted roery in the course of the Business the Insurers will py the relevnt sum specified elow 1 odily injury which within 24 months from its occurrence is the sole nd direct cuse of c d deth or loss of one or more lims y physicl seprtion t or ove the wrist or nkle or permnent nd totl loss of use of one or oth hnds or feet or totl nd irrecoverle loss of sight in one or oth eyes 5,000 2 odily injury not resulting in loss of lims or sight s defined in 1 which is the sole nd direct cuse of the Insured Person eing totlly disled nd prevented from ttending to ny usiness or occuption with proof stisfctory to the Insurers tht such dislement hs continued for 12 months from its occurrence nd will in ll proility continue for the reminder of the Insured Person s life 5,000 3 odily injury which is the sole nd direct cuse of the Insured Person eing totlly disled nd prevented from ttending to his occuption compenstion for the period of such dislement ut not exceeding 104 weeks 50 per week provided tht c the Insurers shll e lile to mke only one pyment under 1 nd 2 in respect of ny one Insured Person resulting from n ccident weekly compenstion under 3 shll ecome pyle when the period of dislement hs een scertined nd the totl mount greed or t the request of the Insured t intervls of not less thn four weeks the Insured Person shll ct upon medicl or surgicl dvice s soon s prcticle nd sumit to medicl exmintion t the Insurers expense nd s often s they require B ADDITIONAL COVER Dmge to Clothing nd Personl Effects If Clothing or Personl Effects (excluding jewellery nd wtches) of n Insured Person sustin Dmge s direct result of roery or ttempted roery in the course of the Business the Insurers will mke good such Dmge up to 500 ny one Insured Person Medicl Expenses the Insurers will py to the Insured Person Medicl Expenses necessrily incurred in tretment of the Insured Person suject to limittion of 15% of COVER 2 incurred s direct result of roery or ttempted roery in the course of the Business 15