Your Commercial Property Owners Package Policy (Fast Trade)
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BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page OFC1
Your Commercial
Property Owners
Package Policy
(Fast Trade)BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page IFC2
Useful Telephone Numbers
Claims Helpline (24 hours) 0800 015 1498
The Claims helpline can be used by anyone wishing to report a claim on any of Aviva’s new commercial
insurance products. As soon as you know about the problem you face - we will start to put the solutions
in place.
Legal and Tax Helpline (24 hours) 0845 300 1899
Call this helpline anytime, day or night, for advice on any UK legal or tax matters. Given in confidence,
the advice is free - all you pay for is the price of the call.
Risk Services Helpline (office hours) 0845 366 66 66
Advice on safety, fire, security and other risk related issues. Ninety per cent of queries are dealt with on
the spot, and we guarantee an answer within one working day.
Counselling Service 0117 934 0105
A counselling service is available for your staff to help them deal with situations such as bereavement,
divorce or even bullying at work.
Please have your policy number ready.
Telephone Call Recording
For our joint protection telephone calls may be recorded and/or monitoredBCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 1
Introduction
Thank You for choosing Us as Your insurer.
This is Your Commercial Property Owners Package policy, setting out Your insurance protection in detail.
Your premium has been based upon the information shown in The Schedule and recorded in the
statement of fact. Please read it carefully to make sure that it meets Your requirements and that the
details on The Schedule are correct.
If after reading Your policy You have any questions, please contact Your insurance adviser.
1BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 2
Contents
This policy is made up of individual Sections. It should be read together with The Schedule which
indicates the Sections You are insured under and gives precise details of Your insurance protection.
Page
The Contract of Insurance 3
Our Promise to You 4
Complaints Procedure 4
Our Promise of Service
Important Information 5
Choice of Law 5
Policy Definitions 6
Asset Protection
Property Damage 9
Revenue Protection
Business Interruption - Loss of Rent 23
Asset and Revenue Protection
Terrorism 30
Legal Liabilities
Employers’ Liability 33
Public and Products Liability 38
Property Owners Legal Protection 47
Policy Conditions 61
Policy Exceptions 65BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 3
The Contract of Insurance
Your policy is a contract between Us and You, The Policyholder. The statement of fact and declaration
which You have accepted will be the basis of the contract.
In return for You having paid or agreed to pay the premium, We will indemnify You by payment or, at
Our option, by reinstatement or repair, in respect of loss, destruction, damage, accident or injury
occurring during the Period of Insurance, subject to the terms and exclusions contained in or endorsed
on the policy.
IMPORTANT
This policy is a legal contract. You must tell Us about any facts or changes which affect Your insurance
and which have occurred either since the policy started or since the last renewal date.
If You are not sure whether certain facts are relevant please ask Your Insurance adviser. If You do not
tell Us about relevant changes, Your policy may not be valid or the policy may not cover You fully.
You should keep a written record (including copies of letters) of any information You give Us, when
You renew this policy.
3BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 4
Complaints Procedure
Our Promise of Service
Our goal is to give excellent service to all Our customers but We recognise that things do go wrong
occasionally. We take all complaints We receive seriously and aim to resolve all Our customers’
problems promptly. To ensure that We provide the kind of service You expect We welcome Your
feedback. We will record and analyse Your comments to make sure We continually improve the service
We offer.
What will happen if You complain
• We will acknowledge Your complaint promptly.
• We aim to resolve all complaints as quickly as possible.
Most of our customers’ concerns can be resolved quickly but occasionally more detailed enquiries are
needed. If this is likely, We will contact You with an update within 10 working days of receipt and
give You an expected date of response.
What to do if You are unhappy
If You are unhappy with any aspect of the handling of Your insurance We would encourage You, in
the first instance, to seek resolution by contacting Your insurance adviser or usual Aviva point of
contact.
If You are unhappy with the outcome of Your complaint You may refer the matter to the Financial
Ombudsman Service (FOS) at:
The Financial Ombudsman Service
South Quay Plaza
183 Marsh Wall
London
E14 9SR
Telephone:
0800 023 4567 (free from landlines) or
0300 123 9123 (free from most mobile phones)
Or simply log on to their website at www.financial-ombudsman.org.uk.
Whilst We are bound by the decision of the FOS, You are not. Following the complaints procedure
does not affect Your right to take legal action.
4BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 5
Important Information
Choice of Law
The appropriate law as set out below will apply unless You and Us agree otherwise:
(1) The law applying in that part of the United Kingdom, Channel Islands or the Isle of Man in which
you normally live or (if applicable) the first named policyholder normally lives; or
(2) In the case of a business, the law applying in that part of the United Kingdom, Channel Islands or
the Isle of Man where it has its principal place of business; or
(3) Should neither of the above be applicable, the law of England and Wales will apply.
Financial Services Compensation Scheme
We are members of the Financial Services Compensation Scheme (FSCS). You may be entitled to
compensation from this scheme if we cannot meet our obligations, depending on the type of
insurance and the circumstances of your claim.
Further information about the scheme is available from the FSCS website www.fscs.org.uk, or write to
Financial Services Compensation Scheme, 7th floor Lloyds Chambers, Portsoken Street, London, E1 8BN.
Use of Language
Unless otherwise agreed, the contractual terms and conditions and other information relating to this
contract will be in English.
Customers with Disabilities
This policy and other associated documentation is also available in large print, audio and Braille. If
you require any of these formats please contact Your Insurance adviser.
5BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 6
Policy Definitions
Each time We use one of the words or phrases (3) contained on any current and back-up disks,
listed below, it will have the same meaning tapes or other materials or devices used for
wherever it appears in Your policy unless an the storage of data,
alternative definition is stated to apply. A
including but not limited to operating systems,
defined word or phrase will start with a capital
records, programs, software or firmware, code
letter each time it appears in the policy.
or series of instructions.
Each Section of the policy contains definitions.
They must be read in conjunction with the Data Storage Materials
following Policy Definitions.
Any materials or devices used for the storage or
representation of Data including but not
Buildings
limited to disks, tapes, CD-ROMs, DVDs, memory
Buildings including Landlords’ fixtures and fittings, sticks, memory cards or other materials or
the items insured under the Contents of Common devices which may or may not also constitute
Parts Clause, walls, gates, fences, yards, car parks, Computer and Electronic Equipment.
road, pavements, outbuildings, underground
pipes, cables and wires belonging to You or for Denial of Service Attack
which You are responsible at The Premises.
Any actions or instructions with the ability to
damage, interfere with, or otherwise affect the
Computer and Electronic Equipment
availability of Computer and Electronic Equipment
All computers, computer installations and or Data, including but not limited to the generation
systems, microchips, integrated circuits, of excess traffic into network addresses, the
microprocessors, embedded systems, hardware, exploitation of system or network weaknesses, and
and any electronic equipment, data processing the generation of excess or non genuine traffic
equipment, information repository, within, between or amongst networks.
telecommunication equipment, computer
controlled or programmed machinery, Employee
equipment capable of processing data and/or
similar devices, whether physically or remotely Any person who is
connected thereto. (1) under a contract of service or
apprenticeship with You
Cyber Vandal (2) borrowed by or hired to You
The person or persons, whether identified or (3) a labour master or supplied by a labour
not, responsible for, or involved with, creating a master
Virus or Similar Mechanism or a Denial of
Service Attack, unauthorised access to or use of (4) employed by labour only sub-contractors
Computer and Electronic Equipment. (5) self employed
(6) under a work experience or training scheme
Data
(7) a voluntary helper
All information which is
while working under Your control in connection
(1) electronically stored, or with The Business
(2) electronically represented, or (8) an outworker or homeworker when
engaged in work on Your behalf.
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Failure Money
Any partial or complete reduction in the Current
(1) performance, or (1) coin, bank and currency notes
(2) availability, or (2) postal and money orders, bankers drafts,
cheques and giro cheques
(3) functionality, or
(3) crossed warrants, bills of exchanges and
(4) the ability to recognise or process any date securities for money
or time,
(4) postage, revenue, national insurance and
of any holiday with pay stamps
(a) Computer and Electronic Equipment (5) national insurance and holiday with pay
cards, national savings certificates, war
(b) electronic means of communication bonds, premium savings bonds and franking
(c) web site. machine impressions
(6) credit company sales vouchers, luncheon
Landlords Contents vouchers and trading stamps
Contents belonging to You or held in trust for (7) VAT invoices.
which You are responsible, at The Premises but not
including Computer and Electronic Equipment. Period of Insurance
From the effective date until the expiry date
Loss of Data (both shown in The Schedule) or any
subsequent period for which We accept
Physical or electronic or other loss or
payment for renewal of this policy.
destruction or alteration or loss of use, whether
permanent or temporary, of or damage to Data,
of whatsoever nature, in whole or in part, Residential Unit
including, but not limited to Loss of Data Any individual self contained living area within
resulting from loss or damage to Computers the Buildings.
and Electronic Equipment or Data Storage
Materials, including while stored on Data Specified Contingency
Storage Materials.
(1) fire
Malicious Contingency (2) lightning
(1) riot, civil commotion, strikers, locked out (3) explosion
workers or persons taking part in labour (4) aircraft and other aerial devices or articles
disturbances. dropped from them
(2) malicious persons other than thieves and (5) earthquake
Cyber Vandals. (6) storm or flood
(7) escape of water from any tank apparatus or
pipe
(8) falling trees
(9) impact
(10)escape of fuel from any fixed oil heating
installation.
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The Business
Activities directly connected with the business
specified in The Schedule.
The Premises
The premises specified in The Schedule.
The Schedule
The document which specifies details of The
Policyholder, The Premises, Property Insured,
Sums insured, Limits of Indemnity and any
Excesses, Endorsements and Conditions applying
to the policy.
Virus or Similar Mechanism
Program code, programming instruction or any
set of instructions with the ability to damage,
interfere with, or otherwise adversely affect
Computer and Electronic Equipment or Data,
whether involving self-replication or not,
including, but not limited to trojan horses,
worms and logic bombs.
We/Us/Our
Aviva Insurance Limited.
You/Your/The Policyholder
The persons, companies, partnerships or
unincorporated associations named in The
Schedule as The Policyholder.
8BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 9
Asset Protection
Property Damage Section Excess
The amount(s) specified in this Section and the
Definitions Schedule which We will deduct from each and
every claim at each separate location. The
(Also refer to the Policy Definitions at the front
amount(s) to be deducted after the application
of this policy booklet).
of the Average condition.
The following definitions apply to this Section
and shall keep the same meaning wherever Property Insured
they appear in the Section, unless an alternative
definition is stated to apply. Property insured as stated in The Schedule.
Damage Cover
Accidental loss, destruction or damage. We will indemnify You in respect of Damage to
the Property insured occurring during the
Defined Contingency Period of Insurance at The Premises.
The Sum Insured under each item other than
(1) fire
items applying solely to fees, rent, removal of
(2) lightning debris, private dwelling houses, churches or
(3) explosion buildings in course of erection is separately
subject to Average. See Condition 1.
(4) aircraft and other aerial devices or articles
dropped from them The maximum We will pay in respect of any one
Period of Insurance will not exceed
(5) riot, civil commotion, strikers, locked out
workers, persons taking part in labour (1) the Sum Insured on each item
disturbances or
(6) malicious persons other than thieves (2) the Total Sum Insured
(7) earthquake or
(8) storm (3) any other maximum amount payable or limit
(9) flood of liability
(10) escape of water from any tank, apparatus specified in this Section or The Schedule.
or pipe
(11) falling trees
(12) impact
(13) escape of fuel from any fixed oil heating
installation
(14) theft or attempted theft.
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Exceptions However, We will indemnify You in respect of
The following exceptions apply to this Section. (i) Damage not otherwise excluded which
results from a Defined Contingency or
(Also refer to the Policy Exceptions at the back
any other accidental cause
of this policy booklet.)
(ii) any subsequent Damage which results
We will not indemnify You in respect of
from a cause not otherwise excluded.
(1) Damage to the Property Insured caused by
(3) Damage caused by pollution or
or consisting of
contamination
(a) an existing or hidden defect
However, We will indemnify You in respect
(b) gradual deterioration or wear and tear of Damage not otherwise excluded to the
Property Insured caused by
(c) frost or change in the water table level
(a) pollution or contamination which
(d) faulty design or faulty materials used in
results from a Defined Contingency
its construction
(b) a Defined Contingency which results
(e) faulty workmanship, operating error or
from pollution or contamination.
omission by You or any Employee
(4) Damage caused by or consisting of
However, We will indemnify You in respect
of any subsequent Damage which results (a) subsidence, ground heave or landslip
from a cause not otherwise excluded. unless resulting from fire, explosion,
earthquake or escape of water from
(2) Damage caused by or consisting of
any tank, apparatus or pipe
(a) (i) corrosion, rust or rot
(b) normal settlement of new structures
(ii) shrinkage, evaporation or loss of
(c) acts of fraud or dishonesty
weight
(d) (i) disappearance
(iii) dampness or dryness
(ii) unexplained or inventory shortage
(iv) scratching
(iii) misfiling, misplacing of information
(v) vermin or insects
or clerical error.
(vi) mould or fungus
(5) Damage to a structure caused by its own
(b) change in collapse or cracking.
(i) temperature However, We will indemnify You in respect
(ii) colour of such Damage if it results from a Defined
Contingency and is not otherwise excluded.
(iii) flavour
(6) Damage to
(iv) texture or finish
(a) gates
(c) nipple or joint leakage or failure of welds
(b) fences
(d) cracking, fracturing, collapse or
overheating of a boiler, vessel, machine or (c) moveable property in the open
apparatus in which internal pressure is due
to steam only and any associated piping
(e) mechanical or electrical breakdown or
derangement of the Property Insured.
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by (e) property in the course of construction,
including materials for use in
(i) wind
construction
(ii) rain, hail, sleet or snow
(f) land, roads or pavements, piers, jetties,
(iii) flood bridges, culverts or excavations
(iv) dust. (g) livestock
(7) Damage (h) growing crops or trees
(a) by fire resulting from its undergoing However, We will indemnify You in respect
any process involving the application of of Damage to such property if the property
heat is specifically stated as insured in The
(b) to that portion of any item caused by Schedule and not otherwise excluded.
its own self ignition, leakage of (11) Damage
electricity, short circuiting, or over
(a) insured by any marine policy
running
(b) which would be insured under any
(c) resulting from its undergoing any
marine policy if this policy did not exist
process of
However, We will indemnify You in respect
(i) production or packaging
of Damage not otherwise excluded for any
(ii) treatment, testing or commissioning sum beyond the amount which would have
(iii) servicing or repair. been payable under the marine policy had
the insurance not existed.
However, We will indemnify You in respect
of such Damage if it is caused by fire or (12) Damage more specifically insured by You or
explosion. on Your behalf.
(8) Damage while any building is unoccupied (13) consequential loss.
or caused by escape of water as a result of However, We will indemnify You in respect
freezing of any automatic sprinkler of rent when this cover is specified in The
installation in The Premises. Schedule and the Damage is not otherwise
(9) Damage in respect of china, earthenware, excluded.
marble or other fragile objects not forming (14) Damage by pressure waves from aircraft or
part of the Buildings, unless specifically aerial devices travelling at sonic or
mentioned in The Schedule. supersonic speeds.
However, We will indemnify You in respect (15) any Damage whatsoever resulting directly
of such loss or Damage if it results from a or indirectly from or in connection with any
Defined Contingency and is not otherwise of the following regardless of any other
excluded. cause or event contributing concurrently or
(10) Damage in respect of in any other sequence to the loss
(a) vehicles licensed for road use including (a) Terrorism
accessories on or attached to them (b) civil commotion in Northern Ireland
(b) caravans or trailers (c) any action taken in controlling,
(c) railway locomotives or rolling stock preventing, suppressing or in any way
relating to (15)(a) and/or (15)(b) above.
(d) watercraft or aircraft
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Terrorism means Conditions
(i) In respect of Damage occurring in The following conditions apply to this Section.
England, Wales and Scotland only
(Also refer to the Policy Conditions at the back
(but not the territorial seas adjacent
of this policy booklet).
thereto as defined by the Territorial
Seas Act 1987 nor the Isle of Man or
the Channel Islands) acts of persons (1) Average
acting on behalf of or in connection Where a Sum Insured is stated to be subject
with any organisation which carries to average, this means that if at the time of
out activities directed towards the Damage, the Sum Insured is less than the
overthrowing or influencing by total value of the property, You will
force or violence Her Majesty’s
government in the United Kingdom (a) be responsible for the difference
or any other government in the (b) bear a proportionate share of the loss.
United Kingdom or any other
government de jure or de facto (2) Fire Extinguishing Appliances
(ii) in respect of Damage occurring in
If in relation to any claim for Damage
any territory not specified in (i)
caused by or resulting from fire, You have
above any act or acts including but
failed to fulfil the following condition, You
not limited to
will lose Your right to indemnity or
• the use or threat of force and/or payment for that claim.
violence
You must maintain all fire extinguishing
and/or appliances on The Premises, so far as Your
• harm or damage to life or to responsibility extends, in proper working order.
property (or the threat of such
harm or damage) including but (3) Our Rights
not limited to harm or damage
If Damage occurs which may lead to a claim
by nuclear and/or chemical
We may
and/or biological and/or
radiological means (a) enter or take possession of the building
or The Premises
caused or occasioned by any person(s)
or group(s) of persons or so claimed in (b) take possession of, or require to be
whole or in part for political, religious, delivered to Us, Property Insured which
ideological or similar purposes. We will deal with in a reasonable manner
In any action, suit or other proceedings without incurring liability or reducing Our
where We allege that any Damage results rights.
from Terrorism as defined above and is We will not pay for Damage if You or
therefore not covered by this Section, the anyone acting on Your behalf
burden of proving that any such Damage is
covered under this Section will be upon You. (i) do not comply with Our requirement.
(16) the Excess stated in The Schedule. (ii) hinder or obstruct Us.
You are not entitled to abandon property
to Us.
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(4) Statutory Inspection of Plant (e) advise Us immediately if the buildings
are to be occupied by contractors for
Any item of plant and machinery belonging renovation, alteration or conversion
to You or under Your control which requires purposes or if the buildings are to
to be examined to comply with any become occupied or used.
Statutory Regulations must be inspected in
accordance with such Regulations.
(6) Unoccupied Premises - Sprinklered
Failure to comply with this will invalidate cover
in respect of an explosion originating within If in relation to any claim for Damage in
and causing damage to the item of plant. respect of any unoccupied or disused
buildings, You have failed to fulfil any of the
following conditions, You will lose Your right
(5) Unoccupied Premises - Non to indemnity or payment for that claim.
Sprinklered
You must
If in relation to any claim for Damage in
(a) carry out internal and external inspections
respect of any unoccupied or disused
of the buildings at least every 7 days
buildings, You have failed to fulfil any of the
following conditions, You will lose Your right (i) maintain a weekly log of such
to indemnity or payment for that claim. inspections
You must (ii) as soon as possible, repair or arrange
to be repaired, any defects found
(a) carry out internal and external
inspections of the buildings at least (iii) carry out a monthly management
every 7 days check of the weekly inspections log.
(i) maintain a weekly log of such (b) remove all waste, combustible materials
inspections and gas bottles, either within or outside
the buildings, from The Premises
(ii) as soon as possible, repair or arrange
to be repaired, any defects found (c) securely lock all external doors, close
and secure all windows, and secure and
(iii) carry out a monthly management
seal all letter boxes and openings
check of the weekly inspections log.
(d) turn off all sources of power, fuel and
(b) remove all waste, combustible materials
water at the mains and wherever possible,
and gas bottles, either within or outside
chain and padlock the isolation valves
the buildings, from The Premises
However
(c) securely lock all external doors, close
and secure all windows, and secure and (i) where the buildings are protected
seal all letter boxes and openings by an Intruder Alarm System, You
must provide sufficient power to
(d) turn off all sources of power, fuel and
operate the system
water at the mains and wherever
possible, chain and padlock the (ii) where the buildings are protected by
isolation valves a wet sprinkler installation, provide
sufficient heat to prevent freezing or
However, where the buildings are
bursting of the sprinkler installation.
protected by an Intruder Alarm System,
You must provide sufficient power to
operate the system.
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(e) advise us immediately if the buildings However, We will not pay more than We
are to be occupied by contractors for would have done if the property has been
renovation, alteration or conversion completely destroyed.
purposes or if the buildings are to
The work of reinstatement
become occupied or used.
(1) may be carried out on another site and in a
manner suitable to Your needs, but this
Clauses must not increase Our liability
The following clauses apply to this Section. (2) must begin and be carried out as quickly
as possible.
Adjoining Buildings
The following condition of Average will apply.
In respect of Damage caused by subsidence, If the Sum Insured at the time the Damage
ground heave or landslip, You will notify Us occurred is less than 85% of the amount
immediately of any demolition, construction, necessary to replace the whole of the Property
erection, groundworks or excavation being carried Insured at the time of rebuilding or
out on any adjoining site. We will then have the replacement, You will be liable to bear a
right to vary the terms of or cancel this Cover. proportionate share of the loss.
We will not make payment
Automatic Reinstatement
(1) until You have incurred the cost of
The Sums Insured stated in The Schedule will
replacing or repairing the Property Insured
not be reduced by the amount of any claim
unless We or You give notice to the contrary. (2) if You, or someone acting on Your behalf,
have insured the property under another
You must pay the additional premium required
policy which does not have a similar basis of
to reinstate the Sums Insured.
reinstatement
Basis of Claim Settlement - (3) if you do not comply with any of the terms
of this clause.
Reinstatement
(3) We will indemnify You in respect of loss of
In the event of Damage to Property Insured, rent as insured under this Section resulting
other than pedal cycles, personal belongings from the building or any part of the building
rent or motor vehicles, the basis upon which
We will calculate the amount We will pay for (a) generating the rent received
any claim will be the reinstatement of the or
property lost, destroyed or damaged, as follows
(b) for which rent is payable
Where such Property Insured is
being made unfit for The Business due to
(1) lost or destroyed, We will pay for its Damage insured by this Section.
rebuilding or replacement by similar property
The maximum amount that We will pay You
in a condition as good as, but not better or
under this clause will be the proportion of
more extensive than, its condition when new
the Sum Insured which equals but does not
(2) damaged, We will pay for replacement or exceed the proportion of the period of rent
repair of the damaged portion to a insured necessary to make the building fit
condition as good as, but not better or more for occupation.
extensive than, its condition when new.
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Capital Additions Changing Locks
We will indemnify You in respect of Damage to We will indemnify You in respect of the cost of
changing locks at The Premises following loss of
(1) any newly built and/or newly acquired building
keys by theft or attempted theft from
(2) alterations, additions and improvements to
(1) The Premises
an insured building but not in respect of
any appreciation in value (2) Your home
situated anywhere in England, Wales, Scotland, (3) Your director’s homes
Northern Ireland, the Channel Islands and the
(4) Your authorised Employees homes
Isle of Man.
or while in Your custody or that of an Employee
The maximum We will pay in respect of any one
following theft involving violence or threat of
location is
violence to You or an Employee.
(1) £1,000,000 in respect of any newly built
The maximum We will pay for any one loss is
and/or newly acquired building
£2,500.
(2) £250,000 in respect of alterations, additions
and improvements to the building Construction Heating and Occupation
whichever is the lower. of the Buildings
You must Unless otherwise stated in The Schedule the
(a) provide Us with details of such additional buildings are
extensions as soon as possible but, in any (1) constructed of brick, stone or concrete
event,
(2) roofed with slates, tiles, concrete, metal or
(i) within six months asbestos
and with no more than 10% of other materials
(ii) before the expiry of the Period of (3) heated by
Insurance
(i) low pressure hot water or steam
and
(ii) oil fired space heaters fed from a fuel
(b) specifically insure such property with Us tank in the open
from the date Our liability commenced.
(iii) overhead gas or electrical appliances
You must pay the agreed additional premium.
(iv) gas or electric fires in offices only
Change of Occupancy or as expressly varied in accordance with
details provided to Us.
You must tell Us immediately if
(4) occupied for the sole purpose of The
(1) any building or part thereof at The Premises Business and otherwise only as a
becomes unoccupied or disused private dwelling.
(2) any unoccupied or disused building or any
part thereof at The Premises becomes Contents of Common Parts
occupied.
This term includes contents and furnishings
owned by You or for which You are responsible
whilst contained in the common parts of the
Property Insured.
15BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 16
We will not indemnify You in respect of Debris Removal
(1) china or other fragile or brittle objects The Sum Insured for each item in The Schedule,
exceeding £1,000 other than rent if insured, includes costs and
(2) computers and data processing equipment expenses You incur with Our consent for
(3) curios, rare books, works of art or articles of (1) removal of debris
antique furniture exceeding £1,000 in value (2) dismantling
any one article
(3) demolishing
unless specifically mentioned as insured in The
Schedule. (4) shoring up or propping
The maximum We will pay is for any one loss is of those parts of the Property Insured which
£25,000. have suffered Damage.
We will not indemnify You in respect of costs
Contractors Interest and expenses
Where You are required to effect insurance on (1) incurred in removing debris from anywhere
the Property Insured in the joint names of You other than the site of the Damage and the
and the contractor under the terms of a contract area immediately adjacent to it
condition then the interest of the contractor in (2) arising from pollution or contamination of
the Property Insured as joint Policyholder is property not insured by this Section
hereby noted and You must provide Us with
(3) more specifically insured.
details of any single contract valued in excess of
£250,000 prior to work commencing and pay an
additional premium if required. Description of Property
In determining the item under which property
Damage to Grounds is insured We will accept the description given
in Your business records.
We will indemnify You in respect of reasonable
costs and expenses necessarily incurred in
reinstating or repairing landscaped gardens and Drains
grounds, belonging to You or for which You are The Sum Insured for each Buildings item
responsible, following Damage at The Premises. includes costs and expenses You incur with Our
We will not indemnify You in respect of consent for cleaning and/or clearing of
(1) the cost of moving soil other than as (1) drains
necessary for surface preparation (2) sewers
(2) the failure of trees, shrubs, plants or turf to (3) gutters
become established
for which You are responsible following
(3) the failure of seeds to germinate Damage insured by this Section to the
(4) damage caused by disease, infection or Property Insured.
application of chemicals.
The maximum We will pay in respect of any one
claim is £25,000.
16BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 17
European Union and Public Authorities Fire Extinguishing Expenses and Alarm
In the event of Damage to Buildings or Re-setting Costs
Landlords Contents furniture item, We will pay We will indemnify You in respect of reasonable
the additional cost of reinstating the Property costs and expenses incurred in refilling,
Insured necessary to comply with any recharging or replacing any
(1) European Union Legislation (1) portable fire extinguishing appliances
(2) Act of Parliament (2) local fire suppression system
(3) Bye-Laws of any public authority. (3) fixed fire suppression system
We will not indemnify You in respect of (4) sprinkler installation
(1) costs incurred (5) sprinkler heads
(a) in respect of Damage not insured by and having any fire and/or intruder alarms and
this Section closed circuit television equipment re-set
(b) where notice was served on You before as a result of Damage insured by this Section.
the Damage occurred
We will not indemnify You in respect of any
(c) where an existing requirement must be costs and expenses recoverable from Your
completed within a stipulated period maintenance company or fire and rescue service.
(d) for property or parts of the property,
other than foundations (unless The following clause is only
foundations are specifically excluded), applicable where Property Damage –
which have not suffered Damage.
All Risks is insured
(2) any charge or assessment arising from
capital appreciation following compliance Glass
with any legislation or Bye-Law.
We will indemnify You in respect of
The reinstatement of the Property Insured
(1) breakage (including the cost of boarding
(1) must begin and be carried out as quickly as
up) of glass at The Premises including
possible
(a) the cost of removing and reinstating
(2) may be carried out on another site and in a
obstructions to replacing glass.
manner suitable to Your needs but this
must not increase Our liability. (b) the cost of replacing alarm foil,
lettering, painting, embossing, silvering
However, the maximum We will pay will not
or other ornamental work on glass.
exceed the item Sum Insured specified in
The Schedule. (2) breakage of fixed
(a) wash hand basins, pedestals, baths,
sinks
(b) lavatory bowls, bidets, cisterns
(c) shower trays, splashbacks
at The Premises.
17BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 18
We will not indemnify You in respect of Money and Assault
(1) breakage of glass
(a) while The Premises are unoccupied or Money
disused We will pay for loss Money up to the following
(b) in transit or while being fitted amounts
(c) by workmen carrying out alterations or Limit any
repairs to The Premises. one loss
(2) the Excess stated in The Schedule. (1) any single loss of business Money
(a) in transit £2,000
Loss of Metered Utilities (b) in bank night safes and £2,000
We will pay for charges for which You are afterwards within bank
responsible, if water, gas or electricity is premises until at the
accidentally discharged from a metered system bank’s risk
providing service to The Premises. (c) in Your home or the home £500
The maximum We will pay in respect of any one of any Employee, partner
claim is £10,000. or director
(2) any single loss in respect of £250,000
Loss of Rent and Alternative crossed cheques, cross postal
Accommodation or money orders, crossed
bankers drafts, stamped
We will indemnify You if a residence cannot be national insurance cards
lived in or if access to it is denied as a result of
Damage in respect of We will not pay for
(1) (a) loss of rent, including ground rent and (1) losses due to the dishonesty of You, Your
management charges, You should have Employees, partners or directors
received but have lost (a) not discovered within seven working
(b) (i) the cost of reasonable alternative days of the loss.
accommodation incurred by any (b) where a more specific insurance is in
owner or lessee if this is necessary force, except for any amount in excess
(ii) the cost of reasonable of that insurance.
accommodation in kennels and/or (2) shortages due to clerical or accounting
catteries for dogs and/or cats errors.
belonging to any owner or lessee in
(3) loss of Money from unattended vehicles.
residence, where such pets are not
permitted in any alternative (4) loss or Damage outside Great Britain,
accommodation. Northern Ireland, the Republic of Ireland,
the Channel Islands and the Isle of Man.
(2) temporary storage of Your furniture.
The maximum We will pay in respect of any
claim is 20% of the Sum Insured on the building
in which the Residential Unit is contained.
18BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 19
Assault However, You must
We will pay (a) notify Us immediately You become aware
of any such act, omission or alteration
(1) the compensation stated below to You for
Bodily Injury to an Insured Person caused by and
the theft or attempted theft of Money, (b) pay any additional premium required.
which happens in the course of The Business
and resulting in the following contingencies Professional Fees
(a) death £10,000
The Sum Insured for each Buildings Item
(b) total and permanent loss described in The Schedule, includes an amount
of sight in one or both eyes £10,000 for professional fees necessarily incurred in
(c) loss of one or both limbs £10,000 reinstating or repairing the Property Insured,
following Damage insured by this Section.
(d) total disablement which
prevents the Insured Person We will not indemnify You in respect of fees
from pursuing their (1) more specifically insured
normal occupation £100 per
(2) incurred in preparing a claim.
week
(e) reimbursement of incurred Reinstatement to Match
medical expenses up to £250
Where the Property Insured has suffered
(2) up to £250 in respect of such Insured Person
Damage, You may replace, repair or restore the
for Damage to their personal effects
property with equivalent property which
following an attempted theft to steal
employs current technology, and replacement,
Money covered by this Clause.
repair or restoration with such property for the
purposes of this Section shall not be regarded
Mortgage and Other Interests as being better or more extensive than when
Subject to Your consent, the interest of all new. This Section further extends to include the
parties who wish to register an interest in the replacement or modification of undamaged
Cover by this Section will be noted provided property insofar as it is necessary to adapt it to
that all such interests are notified to Us within operate in conjunction with that property
30 days of any Damage. which has been replaced, repaired or restored
provided that Our total liability is not increased
beyond the amount that would otherwise have
Non-invalidation been payable for the replacement, repair or
The insurance by this Section will not be restoration of the property destroyed or
invalidated by any damaged in its original form.
(1) act When the Property Insured is damaged or
destroyed in part only, We will not pay more
or
than the amount representing the cost which
(2) omission We would pay for reinstatement if such
or property had been wholly destroyed.
(3) alteration
either unknown to You or beyond Your control,
which increases the risk of Damage.
19BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 20
Subrogation We will not indemnify You in respect of
In the event of a claim arising under this (a) property insured elsewhere
Section, we agree to waive any rights, remedies (b) Damage occurring elsewhere than at The
or relied to which We may be entitled by Premises to motor vehicles or motor chassis
subrogation against any company licensed for normal road use
(1) whose relationship to You is either a parent (c) property removed for more than 90
to subsidiary or subsidiary to parent consecutive days unless We agree a longer
(2) which is a subsidiary of a parent company period in writing.
of which You are a subsidiary
as defined within the relevant legislation
Trace and Access
current at the time of Damage. We will pay reasonable costs and expenses
(3) any tenant of Yours provided that incurred with Our consent
(a) the tenant or lessee contributes to (1) in locating the actual source of Damage
the cost of insuring the Property and
Insured against the event which
(2) any repairs directly arising from (1)
caused the Damage
caused by the escape of water from any tank,
(b) the Damage did not result from a
apparatus or pipe or leakage of fuel from any
breach of the terms of the lease by
fixed oil heating installation, provided such
the tenant or lessee
Damage is insured by this Section.
(c) the Damage did not result from a
We will not indemnify You in respect of costs or
criminal, fraudulent or malicious act
expenses incurred where Damage results solely
of the tenant or lessee.
from a change in the water table level.
Temporary Removal for Cleaning or The maximum We will pay in respect of any or all
claims in any one Period of Insurance is £25,000.
Renovation
We will indemnify You in respect of Damage Transfer of Interest
insured by this Section other than to Stock and
Materials in Trade, while temporarily removed If at the time of Damage to a building insured
for cleaning, renovation or repair or similar under this Section You have entered into a
purposes contract to sell Your interest in it but
(1) to another part of The Premises (1) the contract has not yet been completed
(2) to any other premises in England, Wales, and
Scotland, Northern Ireland, the Republic of (2) the Building has not yet been insured by or
Ireland, the Channel Islands and the Isle of on behalf of the purchaser
Man including whilst in transit by road, rail
and
or inland waterway.
(3) the purchase is subsequently completed.
The maximum We will pay is 10% of the item
Sum Insured after the deduction of the value of We will indemnify the purchaser to the extent
any building and Stock and Materials in Trade that this Section insures the Building.
included within the Item insured.
20BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 21
This will not affect either Your or Our rights (2) Damage as a result of movement of solid
and liabilities up to the date of completion of floor slabs
the purchase.
However, We will indemnify You if there
is Damage to the foundations beneath
Workmen the exterior walls of The Premises at the
Repairs and minor structural alterations may be same time.
carried out at The Premises without affecting (3) the Excess stated in The Schedule.
the Cover.
Additional Clause
Additional Contingency The following Additional Clause applies to this
The following Additional Contingency applies Section if stated in The Schedule.
to this Section only if stated in The Schedule.
Day One (Non Adjustable)
Subsidence
For each item of Property Insured to which this
We will indemnify You in respect of Damage clause applies (as stated in The Schedule),
at The Premises caused by subsidence or
(1) the first and annual premiums are based
ground heave of the site of the Property
upon the Declared Value as stated in The
Insured, or landslip.
Schedule.
We will only indemnify You in respect of
Declared Value shall mean
Damage to
Your assessment of the cost of reinstatement
(1) forecourts, car parks, driveways, footpaths,
of the Property Insured arrived at in
swimming pools, terraces or patios
accordance with paragraph (1) of the Basis
(2) walls, gates, hedges or fences of Settlement – Reinstatement Clause at the
if level of costs applying at the start of the
(a) such property is specifically insured by Period of Insurance (ignoring inflationary
this Section factors which may operate subsequently)
together with an allowance for
and
(a) the additional cost of reinstatement to
(b) damage also occurs to the building to comply with
which such property applies and that
building is insured by this Section. (i) European Union Legislation
We will not indemnify You in respect of (ii) Act of Parliament
(1) Damage caused by (iii) Bye-Laws of any public authority
(a) collapse, cracking, shrinking or (b) professional fees
settlement of any building (c) debris removal costs.
(b) coastal or river erosion The Declared Value incorporated in each
(c) defective design or inadequate Item is stated in The Schedule.
construction of foundations (2) You must notify Us of the Declared Value at
(d) demolition, structural alteration or repair the start of each Period of Insurance.
(e) settlement or movement of made-up If You fail to notify Us of the Declared
ground. Value at the start of any Period of
21BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 22
Insurance, We will use the last Declared
Value notified to Us for the following
Period of Insurance.
(3) Paragraphs (4) and (5) of the Basis of
Settlement – Reinstatement Clause are
restated as follows
(4) if, at the time of Damage, the Declared
Value is less than the cost of
reinstatement of the Property Insured,
arrived at in accordance with paragraph
(1) of this Clause, at the start of the
Period of Insurance, Our liability for any
Damage will be limited to that
proportion which the Declared Value
bears to the cost of reinstatement of the
Property Insured arrived at in accordance
with paragraph (1) of this Clause.
(5) We will not pay under this Clause
(a) until You have incurred the cost of
replacing or repairing the property
(b) if You, or someone acting on Your
behalf, have insured the property
under another policy which does
not have the same basis of
reinstatement
(c) if You do not comply with any of
the provisions of this Clause.
However, the Sums Insured will be
limited to 108% of the Declared Values
stated in The Schedule.
22BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 23
Revenue Protection
Business Interruption – Loss (3) Defined Contingency
of Rent Section fire
lightning
Definitions explosion
(Also refer to the Policy Definitions at the front aircraft and other aerial devices or articles
of this policy booklet.) dropped from them
The following definitions apply to this Section riot, civil commotion, strikers, locked out
and shall keep the same meaning wherever workers, persons taking part in labour
they appear in the Section, unless an alternative disturbances
definition is stated to apply.
malicious persons other than thieves
(1) (a) Annual Gross Rentals earthquake
storm
Gross Rentals during the 12 months
immediately before the date of the flood
Damage
escape of water from any tank, apparatus
or pipe
(b) Standard Gross Rentals
falling trees
Gross Rentals during that period in the
impact
12 months immediately before the date
of the Damage which corresponds with escape of fuel from any fixed oil heating
the Indemnity Period installation
Annual Gross Rentals and Standard Gross theft or attempted theft.
Rentals may be adjusted to reflect any
trends or circumstances which (4) Gross Rentals
(i) affect The Business before or after Money paid or payable to You by tenants
the Damage for rental of The Premises and for the
(ii) would have affected The Business services provided in connection with The
had the Damage not occurred. Business at The Premises.
The adjusted figures will represent, as near
as possible, the results which would have (5) Indemnity Period
been achieved during the same period had The period during which The Business
the Damage not occurred. results are affected due to the Damage,
beginning with the date of the Damage
(2) Damage and ending not later than the Maximum
Indemnity Period.
Accidental loss, destruction or damage.
(6) Maximum Indemnity Period
The number of months stated in The
Schedule, unless amended in any Additional
Contingency.
23BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 24
Notes (2) any additional expenses You incur to prevent
or limit the reduction in Gross Rentals during
1. All terms in this Section exclude Value the Indemnity Period due to the Damage.
Added Tax to the extent that You are
accountable to the tax authorities for However, We will not pay more than We
Value Added Tax. would pay under (1) above.
The maximum We will pay in respect of any one
Cover claim for Damage is the Sum Insured on each
item specified in The Schedule.
We will indemnify You in respect of loss of
Gross Rentals resulting from Damage to
property used by You at The Premises for the Exceptions
purpose of The Business The following exceptions apply to this Section.
(1) not excluded by the Property Damage (Also refer to the Policy Exceptions at the back
Section of this policy of this policy booklet.)
(2) caused by a Defined Contingency to We will not indemnify You in respect of
(a) glass, not being fixed glass from (1) Damage caused by the deliberate act of a
forming part of the structure of the supply undertaking in withholding the
building supply of water, gas, electricity, fuel or
(b) china, earthenware, marble or other telecommunications services.
fragile object However, We will indemnify You in respect
(c) vehicles licensed for road use including of loss resulting from Damage
accessories on or attached to them (a) caused by a Defined Contingency or
(d) caravans or trailers from any other Damage not otherwise
excluded
(e) railway locomotives or rolling stock
(b) from an ensuing cause which is not
(f) water craft or aircraft excluded.
(g) property in the course of construction (2) erasure or distortion of information on
including materials for use in the computer systems or other records
construction
(a) while mounted in or on any machine or
(h) land, roads or pavements, piers, jetties, data processing equipment,
bridges, culverts or excavations
or
(i) livestock
(b) due to the presence of magnetic flux
subject to the provisions of the Property
Cover condition and not otherwise excluded by unless caused by Damage to the equipment
the terms of the Property Damage Section of in which the records are mounted.
this policy. (3) change in the water table level.
The amount payable will be (4) any loss or Damage whatsoever resulting
(1) the amount by which the Gross Rentals falls from directly or indirectly from or in
short of the Gross Rentals which would connection with any of the following
have been received during the Indemnity regardless of any other cause or event
Period due to the Damage contributing concurrently or in any other
sequence to the loss
and
24BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 25
(a) Terrorism Section the burden of proving that any such
Damage is covered under this Section will be
(b) civil commotion in Northern Ireland
upon You.
(c) any action taken in controlling,
preventing, suppressing or in any way
relating to (4) (a) and/or (4) (b) above. Conditions
Terrorism means The following conditions apply to this Section.
(i) in respect of loss or Damage (Also refer to the Policy Conditions at the back
occurring in England, Wales and of this policy booklet.)
Scotland only (but not the territorial
seas adjacent thereto as defined by Alteration
the Territorial Seas Act 1987 nor the
We will not indemnify You in respect of
Isle of Man or the Channel Islands)
Damage if
acts of persons acting on behalf of
or in connection with any (1) The Business is
organisation which carries out (a) wound up or carried on by a liquidator
activities directed towards the
overthrowing or influencing by (b) permanently discontinued
force or violence of Her Majesty’s (2) Your interest ceases otherwise than by
government in the United Kingdom Your death.
or any other government de jure or
However, We will indemnify You if We agree
de facto
otherwise in writing.
(ii) in respect of loss or Damage
occurring in any territory not Claims Procedures
specified in (i) above any act or acts
including but not limited to If in relation to any claim You have failed to
comply with any of the following Claims
• the use or threat of force and/or Procedures You will lose Your right to
violence indemnity under this Section.
and You must
• harm or damage to life or to (1) take any action reasonably practicable to
property (or the threat of such minimise any interruption of or interference
harm or damage) including but with The Business or to avoid or minimise
not limited to harm or damage any Damage
by nuclear and/or chemical
and/or biological and/or (2) at Your expense, provide Us with
radiological means (a) a written claim
caused or occasioned by any person(s) and
or group(s) of persons or so claimed in
whole or in part for political, religious, (b) details of other insurances covering the
ideological or similar purposes. Damage
In any action, suit or other proceedings within 30 days after the expiry of the
where We allege that any Damage Indemnity Period or such further time that
results from Terrorism as defined above We may allow.
and is therefore not covered by this
25BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 26
(c) books, records and documents We (b) in respect of increase in cost of working
require to assess Your claim.
any additional expense You necessarily
(3) repay Us, any payment on account We may and reasonably incur solely to prevent
have made, if You fail to comply with this or limit a reduction in Gross Rentals
condition. during the Indemnity Period which but
for such additional expense would have
Property Cover taken place due to the Damage. We will
not pay more than the reduction
We will not indemnify You in respect of any avoided by the expenditure
Damage insured by this Section unless
less any savings during the Indemnity Period in
(1) there is in force at the time of the Damage, business charges or expenses, payable out of
an insurance policy covering Your interest in Gross Rentals, which reduce or cease due to
the property at The Premises for the the Damage.
Damage
If at the time of the Damage the Sum Insured is
and less than the Annual Gross Rentals
(2) (a) payment has been made or liability (proportionately increased where the Maximum
admitted for such Damage Indemnity Period exceeds 12 months), You will
be Your own insurer for the difference and bear
or
a rateable share of the loss.
(b) payment would have been made or
liability would have been admitted for
such Damage but for the exclusion of
Clauses
losses below a stated amount in such The following clauses apply to this Section.
insurance policy.
Action by the Police Authority
Basis of Settlement We will indemnify You in respect of loss
We will indemnify You in respect of any resulting from interruption or interference
interruption or interference of The Business with The Business as a result of prevention of
resulting from Damage occurring during The access to The Premises by the Police Authority
Period of Insurance at The Premises due to a danger or disturbance in the vicinity
of The Premises.
(1) loss of Gross Rentals
However, We will not indemnify You for any
and interruption or interference lasting less than 12
(2) increase in cost of working hours.
We will pay The maximum We will pay under this Clause is
£100,000 or 10% of the Sum Insured shown
(a) in respect of loss in Gross Rentals
under Item 1 of The Schedule, whichever is the
the amount by which, due to the lower, in respect of the total of all losses
Damage, the Standard Gross Rentals occurring during the Period of Insurance.
exceed the Gross Rentals during the
The provisions of any Automatic Reinstatement
Indemnity Period
Clause will not apply in respect of this Clause.
26BCOPO7798_F_91145_POB.qxp:BCOPO7798_F_91145_POB 30/4/12 23:02 Page 27
Additional Gross Rentals Automatic Reinstatement
We will indemnify You in respect of Damage to The Sums Insured stated in The Schedule will not
any newly acquired or newly erected building be reduced by the amount of any claim unless
and/or any alteration or improvement to a We or You give written notice to the contrary.
building anywhere in England, Wales, Scotland,
However, You must pay the additional premium
Northern Ireland, the Channel Islands or the Isle
required to reinstate the Sum Insured.
of Man resulting in loss of Gross Rentals as
insured by this Section.
Buildings Awaiting Sale
The maximum We will pay in respect of any one
premises is £100,000. Buildings, forming part of the Property Insured,
that You have contracted to sell or have
You must provide Us with details of these accepted an offer in writing to purchase the
additional Gross Rentals as soon as possible but interest in the buildings subject to contract,
at least every six months and pay the where that sale is cancelled or delayed solely
appropriate additional premium. due to the Damage.
We will not indemnify You in respect of Under this clause We will indemnify You in
(a) any building more specifically insured respect of
(b) any appreciation in value. (1) interest payable by You on capital
borrowed which, but for the Damage,
Alternative Premises would be available, from the proceeds of
the sale, for investment in The Business
The Gross Rentals during the Indemnity Period
(2) the additional interest payable by You on
will include Gross Rentals derived elsewhere
amounts borrowed
than from The Premises if The Business is
conducted elsewhere than at The Premises. at a rate of interest not exceeding 2% above
the prevailing Inter Bank Lending Rate
Auditors and Professional Accountants (3) the investment interest lost by You on any
and Legal Fees proceeds of the sale (after the deduction of
any capital borrowed as detailed in (2) above).
We will pay Your auditors, professional
accountants and solicitors reasonable charges for We will not indemnify You if You do not make
all reasonable efforts to complete the sale as
(1) producing information We require to
soon as possible following the Damage.
investigate any claim and
(2) confirming the information is in accordance Maximum Indemnity Period
with Your business books
Six months.
(3) determining Your contractual rights under
any rent cessor clause or insurance break
clause contained in the lease Indemnity Period
but not for any other purposes in the The period during which the results of The
preparation of any claim. Business are affected due to the Damage,
beginning with the date on which, but for
The maximum We will pay for any claim, the Damage, the building would have been
including auditors and professional accountants sold and ending with the date of completion
and solicitors charges is the Sum Insured. or the expiry of the Maximum Indemnity
Period if earlier.
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