Please enable JavaScript.
Coggle requires JavaScript to display documents.
Houseowner Policy (Insured Perils (Impact with any of buildings, Theft,…
Houseowner Policy
Insured Perils
-
-
-
Flood, earthquake, hurricane
Fire, lightning, thunderbolt
-
Insured liability
-
If building are from block of flats/ apartments, insurance company's indemnity to insured is restricted to insured's legal liability for claims made as owner of building
-
Uninsured liability
-
carrying out of alterations, additions, repairs to insured's buildings
Ownership, possession on behalf of insured/ spouse of any lift, vehicle, craft of any kind
General Exception 1
Riot, military insurrection
-
War,invasion, act of foreign enemy
General exception 2
-
Property by its own fermentation, natural heating
-
-
Definition
Provides additional coverage compared to basic fire policy includes loss/damage due to flood, burst pipe etc
General Exception 3
insurance company not cover consequential loss/damage of any kind except as provided in section III e.g (Rent Insurance)
-