5-2 承保範圍及不保事項 - ACE Group

policy.b) any loss that you have discovered before the commencement of the policy period.c) loss caused by or involving any person(s) who actively control(s) your business by virtue oftheir total or partial ownership of you.d) loss caused by an employee after you became aware that they have committed acts offraud, dishonesty, or criminal damage. This exclusion will not apply if the person whodiscovers such acts is in collusion with the employee.e) any recall costs and expenses.f) damage or destruction to any premises which you own or occupy for the purposes ofconducting your business.g) indirect or consequential loss other than as may be agreed under the Extensions.h) income or profit.i) loss of confidential information, though we will cover loss where confidential informationhas been used to help to commit an act covered by this insurance.j) loss resulting directly or indirectly from any credit arrangement, false accounting, trading insecurities, commodities, futures, options, currencies, foreign exchange or the like unlessthe loss is a result of internal crime, which results in an employee or another person ororganisation in collusion with such employee making an improper financial gain other thansalaries, commissions, fees, bonuses, promotions, awards, profit sharing, pension or anyother employment benefits.k) any loss caused by an employee unless covered under internal crime.ACE elite II FraudProtector Insurance PolicyAggregate Limit EndorsementBy way of endorsement to the policy, the parties agree as follows (subject otherwise to all otherterms, conditions, limits of liability and exclusions of the policy):It is understood and agreed that section 10, “Each Loss Limit” is deleted in its entirety andreplaced with the following:“Payment of any loss will not reduce our liability for other loss. However, our maximumliability for any and all losses will not exceed the amount specified as the sum insured. Thiswill be the case regardless of whether the loss is sustained during the policy period and/orduring a period prior to the policy period. All loss flowing from the acts of the same personor group of persons in collusion will be a single loss. This will be the case whether such lossinvolves one or more of the problems a) to c) set out under section 2, “What has gone wrong”,involves one or more incidents of loss or is sustained in one or more policy periods.Regardless of the number of years that this policy is in force, of whether it is or may be377