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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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1.5 DeductibleThe Deductible is the amount stated in the Schedule payable by the Insured.The Deductible applies to any one Occurrence and is payable by the Insured at such time required by theCompany.The Company’s liability to indemnify the Insured under this Policy is over and above the Deductible.3 EXCLUSIONSExclusions applicable to all CoveragesThis Policy does not cover any legal liability arising out of or in any way connected with the following:3.1 asbestos or materials containing asbestos.3.2 any Act of Terrorism regardless of any other cause or event contributing concurrently or in any othersequence to the loss or any action taken in controlling, preventing, suppressing or in any way relating toany Act of Terrorism.3.3 war, invasion, act of foreign enemy, hostilities or warlike operations (whether war be declared or not),civil war, mutiny, civil commotion assuming the proportions of or amounting to a popular rising, militaryrising, insurrection, rebellion, revolution, military or usurped power, or any act of any person or personsacting on behalf of or in connection with any organisation the objects of which are to include theoverthrowing or influencing of any de jure or de facto government by terrorism or by any violent means.3.4 ionising radiation or contamination by radioactivity from any nuclear fuel, weapon or waste whetheroccurring naturally or otherwise; the radioactive, toxic, explosive or other hazardous properties of anyexplosive nuclear assembly or nuclear component thereof; or the storage, transport, assembly,disassembly, maintenance or operation of any nuclear weapon or nuclear component thereof.3.5 fines or penalties or punitive or exemplary damages.3.6 the discharge, dispersal, release, seepage, migration or escape of Pollutants, including the cost oftesting, monitoring, treating, detoxifying, removing, neutralising or cleaning up Pollutants.However, the Company will cover liability for Bodily Injury, Personal Injury or Property Damageotherwise excluded under this exclusion 3.6 which arises from a sudden, identifiable,unintended and unexpected event from the standpoint of the Insured which takes place in itsentirety at a specific time and place and occurs outside of the United States of America,Canada and their respective protectorates and territories.3.7 the cost of preventing the escape of Pollutants.3.8 any liability assumed under a contract or agreement, except where:3.8.1 that liability would otherwise exist at law in the absence of the contract or agreement; or3.8.2 the contract or agreement is an Insured Contract and the liability does not arise by reason of an140

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