This policy does not insure against
the following perils / types of loss or damage:
1.
* indirect
or remote loss or damage
* delay or loss of market
* interruption of business
Unless otherwise
provided hereon.
2.
the cost of correcting or making good :
a)
faulty workmanship, material, construction or
design
b)
inherent or latent defect
3.
unexplained or mysterious disappearance of
any property, or shortage disclosed by audit or upon taking inventory
4.
accumulated effects of smog, smoke, vapour,
liquid and dust
5.
a) wear
and tear, deterioration, depletion, erosion, corrosion, mold, bacteria, fungi, virus, spores, wet or dry rot
b) settling, cracking, shrinkage, bulging or
expansion of pavements, foundations, walls, floors, roofs or ceilings
c) shrinkage, evaporation, leakage of contents,
change in flavour or texture or finish, decay or other spoilage
unless such loss or
damage mentioned under 4 and 5 above results directly from other physical loss
or damage not otherwise excluded in this policy, and ensuing loss or damage
remains covered if not otherwise excluded in the policy.
6.
Earthquake Shock, Flood, Boiler and Machinery
Breakdown