Insurance Policy Extract - Industrial Special Risks (ISR) - Removal Of Debris

Subject to the liability of the Insurer(s) not being increased beyond the Limit(s) of Liability already stated herein, the Insurer(s) will also indemnify the Insured for:

f.    costs and expenses necessarily and reasonably incurred in respect of:

      i      the removal. storage and/or disposal of debris or the demolition, dismantling, shoring up, propping, underpinning or other temporary repairs consequent upon damage to property insured by this Policy and occasioned by a peril insured against;

      ii.    the Insured's legal liability in respect of removal, storage and/or disposal of debris, notwithstanding Excluded Peril 8 in relation to premises, roadways, services, railway or waterways of others, consequent upon damage to the Property Insured by a peril hereby insured against, for such costs together with the cost of cleaning provided that such liability was not assumed by the Insured under an agreement entered into after the commencement of the period of insurance or any renewal thereof unless liability would have attached in the absence of such agreement.

     Provided that the insurance under this section does not extend to any liability that the Insured may incur as a consequence of pollution of any kind,

Iii          the demolition and removal of any property belonging to the Insured which is no longer useful for the purpose it was intended, providing such demolition and removal is necessary for the purpose of the reinstatement or replacement of Property Insured under this section and is consequent upon damage to the Property Insured by a peril hereby insured against;

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Insurance Policy

Country: - Australia

Policy Description: - Industrial Special Risks (ISR) Mark IV

Insurer: - Various

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