5-2 承保範圍及不保事項 - ACE Group

the minimum premium.PRODUCTS WARRANTYIt is warranted, and a condition precedent to recovery hereunder, that all products insured are compliedwith the mandatory and/or voluntary safety standards of importing countries.Failure to comply with the conditions of this warranty shall render this policy null and void.PROFESSIONAL LIABILITY EXCLUSIONThis policy excludes any liability arising out of the rendering of professional advice or services for a fee orany error or omission connected therewith. For the purposes of this exclusion ProfessionalServices means the performance of work by any Insured for any service or advice provided for a fee orremuneration; including but not limited to designing, consulting, predesign, specification, technicalinformation, feasibility studies, surveying, project management, supervision of construction under thedirect instruction of an architect or engineer, misstatements, misleading statements, defamation, breach ofany intellectual property right (such as copyright, trademark, patent), breach of contract, breach ofconfidentiality or similar activities.PUNITIVE DAMAGES EXCLUSION CLAUSEIt is agreed that this insurance shall not apply to fines, penalties, punitive damages, exemplary damages,treble damages, or other damages resulting from the multiplication of compensatory damages.SPECIFIED VENDORS CLAUSENotwithstanding anything herein contained to the contrary, it is a condition precedent to any liability underthis Policy that this insurance does not apply to, and the Company shall have no duty of any kind withrespect to, any injury, damage, expense, cost, loss, liability or legal obligation arising out of or allegedlyarising out of, or in any way related to [insert Products] not sold by [insert specified vendors] coveredin this Policy.And, the burden of proving that products in question were sold by [insert specified vendors] covered inthis Policy rests with the Insured, at the Insured’s own expense. Unless such proof is accepted by theCompany, the Company may, but is not obligated to, defend any claim.The addition of this endorsement does not imply that other policy provisions do not otherwise preclude orexclude coverage for any such claims, suits or proceedings."All other terms, conditions and exceptions remain unchanged.TERRORISM EXCLUSION ENDORSEMENTNotwithstanding any provision to the contrary within this insurance or any endorsement thereto it is agreedthat this insurance excludes death, injury, illness, loss, damage, cost or expense of whatsoever naturedirectly or indirectly caused by, resulting from or in connection with any Act of Terrorism regardless of any87