5-2 承保範圍及不保事項 - ACE Group

eplaced with the following:Employee means a person in your regular service whom you compensate by wages, salary,fees and/or commissions and who you have the right to direct in the performance of thisservice.To the extent that any of your directors, trustees or consultants are employees they will onlybe covered whilst performing acts coming within the scope of the usual duties of an employee.Any student, secondee, volunteer or temporary personnel supplied by outside agencies will bedeemed to be an employee whilst performing services which you have the right to direct.Any professionally qualified lawyer retained by you, or any employee of such lawyer, will bedeemed to be an employee whilst performing services on your behalf under the retainer.Any trustee, administrator or committee members of any pension fund committee or employeewelfare fund committee established by you and falling within the definition of insured isdeemed to be an employee.Cover in respect of employees will continue to apply for sixty days immediately followingtermination of their service.Notwithstanding the above, the definition of employee does not include employees that aredirect laborers [if applicable, insert of Company’s name].For purpose of this endorsement, direct laborers should mean any employee who physicallyand directly work on the goods being produced and whose wages, salary, fee/or commissioncontribute to direct labor costs according to accounting principals.[if applicable, insert In consideration of this Exclusion, the premium shown in item 7 of theschedule is reduced by [insert amount].]In all other respects this policy remains unaltered.ACE elite II FraudProtector Insurance Policy1. WHAT HAS GONE WRONG?( 承 保 範 圍 )You have suffered a loss because of:-a. an internal crime,b. an external crime, orc. a theft, physical loss or damage.2. WHAT IS NOT COVERED?( 除 外 不 保 事 項 )We will not pay loss consisting of or which is due to:-a) fines, penalties or damages for which you are legally liable except for compensatorydamages arising from a loss covered by this insurance and, only where you have selectedsuch extended cover, the contractual penalty cover as set out under Extensions to this376