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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A) Such activities are not entitled in indemnity under any other insurance policy, otherwise theindemnity granted herein will apply only in respect of an amount in excess of that provided bysuch other policy;B) Such activities shall be deemed as though they were observed or fulfilled by the Insured and besubject to the terms, exclusions and conditions of this Policy so far as they can apply;C) The Limit of Liability provided under this clause is limited to [insert amount] per occurrence and [ifany, insert amount] in aggregate during the Policy Period. It shall not operate to increase theLimit of Liability as set forth in the Schedule of the Policy.D) Such coverage afforded by this endorsement shall not apply to any liability arising out of any kindof racing, competition, bungee jumping, rock-climbing, mountain-climbing, diving, snowboarding,skiing, parachuting, any kind of gilding, wrestling, water sports (except swimming and water funcontests) and motor-bike- riding, ballooning, animal riding and/or engaging in any sport in aprofessional capacity where the Insured would or could earn income or remuneration fromengaging in such sport as sole source of income.ADDITIONAL INSURED -VENDORS (<strong>ACE</strong> EXCESS CG 20 15)This endorsement modifies insurance provided under the following:SCHEDULEName of Person or Organization (Vendor):Product: As per the Schedule of the Policy.(If no entry appears above, information required to complete this endorsement will be shown in theSchedule of the Policy as applicable to this endorsement.)For the purpose of this Policy, the definition of 2.1 Insured of Underlying Insurance is amended to include,as an Insured, any person or organization (referred to below as vendor) shown in the Schedule, but onlywith respect to Bodily Injury or Property Damage arising out of Product shown in the Schedule which aredistributed or sold in the regular course of the vendor’s business, subject to the following additionalexclusions:1. The insurance afforded the vendor does not apply to:(a)Bodily Injury or Property Damage for which the vendor is obligated to pay damages by reason of theassumption of liability in a contract or agreement. This exclusion does not apply to liability fordamages that the vendor would have in the absence of the contract or agreement;(b)Any express warranty unauthorized by the Named Insured;(c)Any physical or chemical change in the Product made intentionally by the vendor;(d)Repackaging, unless unpacked solely for the purpose of inspection, demonstration, testing, or thesubstitution of parts under instructions from the manufacturer, and then repackaged in the original205

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