The exclusions are elaborated under two sections : excluded causes & excluded property

Excluded causes:

• Faulty design materials workmanship and construction
• Interruption loss due to failure of gas electricity and water supply
• Collapse or cracking of buildings
• Larceny fraud or dishonesty
• Wilfull negligence on the part of insured
• War group of perils
• Nuclear group of perils
• Destruction of property by public order

Excluded Property

• Money cheques securities of any description jewellery works of art goods held in trust or on commision computer system records
• Vehicles licensed for road use
• Property in transit outside premises
• Properties or structures in course of erection or demolition unless specifically covered.
• Land pavements railway and road lines untill specifically covered
• Property damaged as a result of its undergoing some process
• Livestock growing crops or trees
• Property removed to other locations exceeding 60 days
• Loss payable to the property covered under marine / other policies

Section II

• Insured's lack of sufficient capital
• Any restrictions imposed by any public authorities
• Loss of bussiness due to cancellation of order / Lease
• Damage to boilers machinery economizers and data equipment