12.07.2015 Views

5-2 承保範圍及不保事項 - ACE Group

5-2 承保範圍及不保事項 - ACE Group

5-2 承保範圍及不保事項 - ACE Group

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distributed in the USA and Canada,The Named Insured’s Retained Limit applies to each claim and is payable by the NamedInsured at such time required by the Company.2 Additional ExclusionsThis Policy does not cover Products Recall Expense arising out of or in any way connected withthe following:2.1 where any Product can be identified by batch, code or other means, any Product of the sametrade or brand name but of different batch, code or other identification from that which is coveredunder this Policy Extension.2.2 inherent deterioration, decomposition, corruption, mutation or transformation of any Product or itspackaging.2.3 loss of customer approval or confidence, or any costs incurred to regain customer approval, orother consequential loss.0 2.4 knowledge of the Named Insured at the inception of this Policy Extension of any pre-existingcondition of the Product that may result in a claim under this Policy Extension.1 2.5 mislabelling or non-labelling of any Product or any container or packaging in relation to a 'use by'or 'best before' date authorised or required by a government agency or body.2 2.6 continued use by the Named Insured of materials that have been banned or declared unsafe bya government agency or body or other responsible body.3 2.7 errors or omissions of the Named Insured or any of its employees of which officers or directors ofthe Named Insured knew or ought to have discovered on reasonable enquiry.4 2.8 the Genetic Modification of any Product or ingredient in the Product.5 2.9 any Product manufactured, sold, handled or distributed more than twelve (12) months prior toxxx (insert Date – MM/DD/YY).3 Additional/Amended DefinitionsFor the purposes of this Policy Extension only, the following definitions apply:122

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