POLICY EXCLUSIONS

The policy does not cover loss or damage arising from:

• War war like operations Nuclear group of perils
• Cracking scratching or breakage of glass and articles of a fragile nature unless such loss or damage arises from accident to vessel train vehicles or aircraft by which such property is being conveyed.
• Depreciation Wear and tear moth mildew vermin any process of cleaning dyeing
• Mechanical derangement or over-winding of watches and clocks
• Electrical or mechanical breakdown
• Consequential loss loss/damage to property carried under contract
• Articles of consumable nature
• Loss of or damage to any property whilst being conveyed by any carrier under contract.
• Theft from not fully enclosed/locked cars
• Any special value attached to any item as part of a set or pair
• Loss of cash securities documents business books
• Nuclear Risk
• Articles which did not form part of contents of any of the packages when the journey commenced unless specifically declared and accepted.

Any personal/household item exceeding 5% of sum insured (unless specially declared) For full details please refer to the concerned policy.