Claims Conditions Applicable to Property Damage Insurance only
Action by the Insured [a]
[ii] [iii] [b]
In the event of any occurrence which may give rise to a claim under this Policy the Insured shall [i]
notify the Company immediately
notify the police authority immediately if it becomes evident that the Damage has been caused by a criminal or malicious act
take and permit to be taken any action which may be reasonably practical to prevent further Damage or minimise the loss
In the event of a claim being made under this Policy the Insured shall at their own expense provide the Company with
[i]
full information in writing of the amount of the claim (together with details of any other insurances covering any of the property damaged) within thirty days after the Damage (seven days in the case of Damage caused by any criminal or malicious act) or within such further time as the Company may allow
[ii] [iii] [c] all such proofs and information relating to the claim as may be reasonably required
a statutory declaration of the truth of the claim (and of any matters connected with it) if requested by the Company
If the terms of this condition have not been complied with [i]
no claim under this Policy shall be payable [ii] Arbitration
If any difference shall arise as to the amount to be paid under this insurance (liability being otherwise admitted) such difference shall be referred to an arbitrator to be appointed by the parties in accordance with statutory provisions
Where any difference is by this condition to be referred to arbitration the making of an award shall be a condition precedent to any right of action against the Company Contribution
If at the time of any Damage there is any other insurance effected by or on behalf of the Insured covering any of the loss the Company’s liability shall be limited to its rateable proportion of such Damage
If any such other insurance is subject to any provision whereby it is excluded from ranking concurrently with this Policy either in whole or in part or from contributing rateably the Company’s liability shall be limited to that proportion of the Damage which the Sum Insured or Limit of Liability under this Policy bears to the value of the property
Fraud
If a claim is fraudulent in any respect or if fraudulent means are used by the Insured or anyone acting on their behalf to obtain any benefit under this insurance or if any Damage is caused by the wilful act or with the connivance of the Insured all benefit under this insurance shall be forfeited
any payment on account of the claim already made shall be repaid to the Company immediately
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