Asset Protection Machinery Damage


We will not indemnify You under this clause if (a) the parts necessary for repairs are not available at the manufacturers listed prices in which case We will pay for the cost of an equivalent repair to similar property for which parts are available at manufacturers listed prices.


(b) (i) the normal working environment of the Plant or Machinery is a yard, an open sided building, a compound or other open space unless for the purpose of providing effluent, electricity, gas, heating, water or other building services for The Premises


(ii) the other property is insured by the Lifted Goods Endorsement or is stock in trade or is in the process of manufacture


in which case the basis of settlement will be indemnity.


Damage to Surrounding Property – boiler and pressure plant


We will indemnify You in respect of Damage to Plant or Machinery and other property belonging to You or in Your custody or control arising from Explosion or Collapse of boiler and pressure Plant or Machinery


The maximum We will pay in respect of any one claim is £250,000


Debris Removal


We will indemnify You in respect of costs and expenses incurred with Our consent, for (1) removal of debris (2) dismantling or demolishing (3) shoring or propping


of the Plant or Machinery or other property which has suffered Damage insured under this Section.


We will not indemnify You in respect of costs and expenses


(a) incurred in removing debris from anywhere other than the site of the Damage and the area immediately adjacent to it


(b) arising from pollution or contamination of Plant or Machinery or other property not insured by this Section


(c) more specifically insured.


The maximum We will pay in respect of any one claim is £25,000.


12 European Union and Public Authorities


In the event of Damage We will pay the additional cost of reinstating the Plant or Machinery or other property insured by this Section necessary to comply with any


(1) European Union Legislation (2) Act of Parliament (3) Bye-Laws of any Public Authority. We will not indemnify You in respect of (a) costs incurred (i) for Damage not insured by this Section


(ii) where notice was served on You before the Damage occurred


(iii) where an existing requirement must be completed within a stipulated period


(iv) in respect of Plant or Machinery or other property insured which has not suffered Damage.


(b) any charge or assessment arising from capital appreciation following compliance with any legislation or Bye-Law.


Loss Avoidance Measures


We will indemnify You in respect of reasonable costs and expenses incurred by You to mitigate Damage to the Plant or Machinery which would otherwise be inevitable provided that


(a) the impending Damage does not stem from any reasonably foreseeable or gradually developing cause and We are satisfied that Damage has been avoided or mitigated as a result of the measures taken


(b) the Policy terms, exceptions, clauses and conditions shall apply as if Damage had occurred.


We will not pay for Damage if You or anyone acting on Your behalf


(i) do not comply with Our requirements (ii) hinder or obstruct Us. You are not entitled to abandon property to Us.


The maximum We will pay in respect of any one claim is £25,000.


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