Policy Conditions


Each Section of the policy contains conditions. They must be read in conjunction with the following Policy Conditions which apply to all Sections unless otherwise stated.


(1) Alteration of Risk


We will at Our option avoid the policy from the inception of this insurance where


(a) there has been any alteration to the Property Insured and/or The Premises and/ or The Business after the effective date of this insurance which increases the risk of loss, liability, destruction, damage, accident or injury


(b) Your interest ceases except by will or operation of law


unless We have accepted the alteration. (2) Arbitration


If We accept liability but You disagree with the amount We offer to pay, the claim will be referred to an arbitrator who will be appointed in accordance with statutory provisions.


(3) Cancellation We may cancel the policy


(a) by sending You 30 days written notice to Your last known address.


We will refund a proportionate part of the premium paid for the unexpired period.


(b) immediately if the premium has not been paid or if there has been a default under an instalment or linked credit agreement.


We will not refund any instalment paid. (4) Claims Procedure


If in relation to any claim You have failed to fulfil any of the following conditions, You will lose Your right to indemnity or payment for that claim.


You must


(a) tell Us immediately of any event or occurrence which may result in a claim.


(b) notify the police immediately of loss, destruction or damage caused by malicious persons or thieves.


(c) at Your expense, provide Us with a written claim containing as much information as possible of the loss, liability, destruction, damage, accident or injury including the amount of the claim within


(i) 30 days or


(ii) seven days in the case of loss, destruction or damage caused by riot, civil commotion, strikers, locked out workers, persons taking part in labour disturbances or malicious persons


of You becoming aware of the event or occurrence, or such further time that We may allow.


(d) provide Us with all information and help We require in respect of the claim.


(e) pass to Us unanswered, immediately, all communications from third parties in relation to any event which may result in a claim under this policy.


(f) not admit or repudiate liability, nor offer to settle, compromise, make payment which may result in a claim or pay any claim under this policy without Our written agreement.


(g) allow Us to take over and conduct in Your name the defence or settlement of any claim. You will also allow Us to prosecute at Our own expense and for Our own benefit, any claim for indemnity or compensation against any other person and You must give Us all information and assistance required.


(5) Contribution


(a) Where any loss, destruction, damage or liability covered by the policy is also covered by another policy, {or would be but for the existence of this policy), We will only pay a rateable share of the loss.


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