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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actual or alleged effects of "silica"; orb. Claim, "suit", demand, judgment, obligation, request, or settlement due to any actual, alleged, orthreatened injury or damage from "silica" or testing for, monitoring, cleaning up, removing,containing, mitigating, treating, neutralizing, remediating, or disposing of, or in any way respondingto or assessing the actual or alleged effects of "silica" by any insured or by any other person or entity;orc. Claim, "suit", demand, judgment, obligation, or request to investigate which would not haveoccurred, in whole or in part, but for the actual or alleged presence of or exposure to "silica".This exclusion applies regardless of who produced, installed, used, owned, sold, distributed, handled,stored or controlled the "silica".B. The following definition is added to the DEFINITIONS Section:"Silica" means the mineral, silicon dioxide, and any type or form of it including, but not limited to,silica-containing products, goods, fibers or materials, silica dust, fine particulate dust of siliceous orsilicic minerals, and any gases, vapors, scents or by-products produced or released by silica, silica dustor silica-containing products, goods, fibers or materials. Siliceous or silicic minerals include, but are notlimited to, sand, quartz, slate, granite and flint.Completed operation endorsementIt is hereby declared and agreed that, with effect from Inception date, the coverage hereunder is extendedto cover Completed Operations, therefore, “Products Hazard” set forth in the Coverage Part andDefinitions (H) under this policy is amended to read as below.Coverage Part – Occurrence FormA. Insuring AgreementThe Company will pay on behalf of the Insured all sums which the insured shall become legallyobligated to pay as damages because of bodily injury or property damage included within theproducts-completed operations hazard to which this insurance applies. No other obligations orliability to pay sums or perform acts or services is covered unless provided for underSUPPLEMENTARY PAYMENTS. The bodily injury or property damage must be caused by anoccurrence. The occurrence must take place in the Policy territory.The Company shall have the right and duty to defend any suit against the Insured seekingdamages on account of such bodily injury or property damage, even if any of the allegations ofthe suit are groundless, false or fraudulent, and may make such investigation and settlement ofany claim or suit as it deems expedient, but the Company shall not be obligated to pay any claimor judgment or to defend any suit after the applicable limit of the Company’s liability has beenexhausted by payment of judgments or settlements.DEFINITINIONS(H) Products-completed operations hazard:a. includes all bodily injury and property damage occurring away from premises the Insured owns orrents and arising out of the Insured’s product or work except:(1) Products that are still in the Insured’s physical possession; or93

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