5-2 承保範圍及不保事項 - ACE Group

3. "Structural property damage" means the collapse of or structural injury to any building orstructure due to:a. Grading of land, excavating, borrowing, filling, back-filling, tunnelling, pile driving,cofferdam work or caisson work; orb. Moving, shoring, underpinning, raising or demolition of any building or structure orremoval or rebuilding of any structural support of that building or structure.4. "Underground property damage hazard" includes "underground property damage" and anyresulting "property damage" to any other property at any time.5. "Underground property damage" means "property damage" to wires, conduits, pipes, mains,sewers, tanks, tunnels, any similar property, and any apparatus used with them beneath thesurface of the ground or water, caused by and occurring during the use of mechanicalequipment for the purpose of grading land, paving, excavating, drilling, borrowing, filling,back-filling or pile driving.All other terms and conditions remain unchanged.DESIGNATED ENTITY EXCLUSIONThis endorsement modifies insurance provided under the following:Notwithstanding any provision to the contrary in this Policy, including any other endorsement to this Policy:1. [Insert company name] is not a Named Insured or Insured or entitled to receive proceeds or benefitsunder any coverage, coverage part, or coverage form of this Policy or any endorsement to this Policy(collectively, this “Policy”).For purposes of this endorsement, [Insert company name] also include the following:A. Any direct or indirect subsidiary of [Insert company name];B. Any entity:(1) in which [Insert company name] owns an interest of more than 50%;(2) which [Insert company name] controls; or134