ALL RISKS” POLICIES
INSURING JEWELLERY, WATCHES, FURS, GOLD and SILVER ARTICLES, CAMERAS, PHOTOGRAPHIC EQUIPMENT and OTHER PERSONAL EFFECTS
Insurance Cover is against LOSS or DAMAGE by FIRE, BURGLARY, HOUSEBREAKING, LARCENY, or any FORTUITOUS or UNFORESEEN CIRCUMSTANCES (including loss from person)
Subject to the exclusion of the following:-
a) Loss or damage caused by or resulting from
(i) Wear and tear (other than the loss of or damage to any article caused by wear and tear to a setting clasp or other fastening) gradual deterioration, atmospheric conditions, mildew, moth, vermin or insects.
(ii) Any process of repair, renovation, cleaning, altering or dyeing
(iii) War invasion, act of foreign enemy hostilities (whether war be declared or not) civil war, rebellion, revolution, insurrection, military or usurped power, delay seizure, confiscation, abandonment or detention or destruction or requisition by order of any de jure or de facto Government or Public Authority.
(iv) Earthquake, subterranean fire, riot or civil commotion or loot, sack or pillage in connection therewith
b) Loss or damage directly or indirectly caused by or arising from or in consequence of or contributed by:
(i) ionising, radiations or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel. Solely for the purpose of this Exception combustion shall include any self-sustaining process of nuclear fission.
(ii) nuclear weapons material
c) Mechanical or electrical breakdown or derangement unless caused by accidental external means
d) In respect of watches and clocks:
(i) breakage of glass
(ii) damage caused by over winding
(iii) internal damage unless caused by accidental external means
e) Breakage of glass or other substances of brittle or fragile nature (other than camera lenses) unless caused by fire or thieves.
f) Property despatched by any ship or aircraft in which the insured is not travelling at the same time
g) Money, cheques, travellers cheques or securities of money share certificates, bonds, promissory notes, tickets, stamps and stamp collections, coin collections, medals, contact lenses, micro corneal lenses, business books, books of account, plans, specifications, blueprints, moulds, deeds, bills of exchange, documents of title to goods, contracts or other legal documents or documents of any kind.
h) Theft of property from any unoccupied vehicle unless such vehicle is a private car with a completely self contained lockable totally enclosed luggage compartment or boot and unless the property is contained in the said luggage compartment or boot while securely locked.
Liability of the Insurers does not commence until acceptance of the Proposal has been intimated by them or the official Cover