Exclusions
What properties cannot be covered?
- Money cheques, stamps, bonds, credit cards, securities, jewelry, precious stones, precious metals, bullion, furs, curiosities, rare books, or works of art
- Documents, manuscripts, business books, computer systems, records, patterns, models, molds, plans, designs, or explosives
- Vehicles licensed for road use (including its accessories), caravans, trailers, railway locomotives or rolling stock, watercraft, aircraft, or spacecraft
- Property in transit
- Property or structures undergoing demolition, construction, or erection
- Land (including top-soil back-fill drainage or culverts), driveways, pavements, roads, runways, railway lines, dams, reservoirs, canals, rigs, wells, pipelines, tunnels, bridges, docks, piers, jetties, excavations, wharves, mining property, or underground off-shore property
- Livestock, growing crops or trees
- Property undergoing any process
- Machinery during installation, removal, or re-siting (including dismantling and re-erection)
- Property undergoing alteration, repair, testing, installation, or servicing
- Satellites
- Property insured by any marine policy
- Boilers, economizers, turbines or other vessels, machinery, or apparatus in which pressure is used
(For full details of the Policy Exclusions, please refer to the Policy Wording)