Salient Feature
The Intrinsic value of the property can be covered in the All Risks policy.
Scope of Cover
This policy covers due to loss/damage due to by Fire, Riot and Strike, Malicious Damage and Sabotage Terrorism, Theft or accidental from any fortuitous cause.
Exclusions
The Company shall not be liable in respect of
- Damage caused by any process of cleaning, dyeing or bleaching restoring, repairing or deterioration arising from wear and tear, moth, vermin, insects or mildew.
- Breakage, Cracking or Scratching of Crockery, Glass, Cameras, Binocular etc. caused by Fire or accident to the means of conveyance.
- Loss or damage caused by mechanical or electrical derangement/breakdown of any article caused by accidental external means.
- Overwhelming, denting, internal damage of watches and clocks.
- Consequential loss or legal liability of any kind.
INDEMNITY
The Company may reinstate, repair or replace the property loss or damage.
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