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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) pay on behalf of the Insured the Remediation Costs which arise out of such Pollution Condition.Section 5. Business InterruptionThe Company will subject to the Limit Liability pay for Business Interruption Loss incurred by theInsured during the Period of Interruption resulting directly from a Pollution Condition provided that theBusiness Interruption Loss is notified to the Company during the Period of Insurance or during anyapplicable Extended Reporting Period.ExclusionsThis Policy does not apply to liability, Costs and Expenses, Remediation Costs or Business Interruption Loss1.Radioactive Contamination2.Contractual Liability3.Employees4.Custody or Control5.Fines, Liquidated Damages& Penalties6.Aircraft, Watercraft, Vehicles7.War8.Asbestos and Lead9.Naturally Occurring Materials10.Known Conditions11.Internal Expenses12.Underground Storage Tanks13.Excess14.Intentional Non-compliance15.Terrorism16.Retroactive Date17.Deductible Period<strong>ACE</strong> EXCESS LIABILITY INSURANCECoverageSubject to the terms, exclusions, definitions, conditions and limitations of this Policy the Company willindemnify the Insured in accordance with the applicable terms, exclusions, conditions and endorsementsof the Underlying Insurance.The indemnity provided by the Company under this Policy will only apply in excess of the UnderlyingInsurance and the Company will only be liable to indemnify the Insured after the limit(s) of the UnderlyingInsurance have been exhausted.ExclusionThis Policy does not cover any legal liability arising out of or in any way connected with the following:4.1 war, invasion, act of foreign enemy, hostilities or warlike operations (whether war be declared ornot), civil war, mutiny, civil commotion assuming the proportions of or amounting to a popularrising, military rising, insurrection, rebellion, revolution, military or usurped power, or any act ofany person or persons acting on behalf of or in connection with any organisation the objects ofwhich are to include the overthrowing or influencing of any de jure or de facto government byterrorism or by any violent means.4.2 ionising radiation or contamination by radioactivity from any nuclear fuel, weapon, medicalisotope, waste or other material whether occurring naturally or otherwise; the radioactive, toxic,explosive or other hazardous properties of any explosive nuclear assembly or nuclear75

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