POLICY

WORDING
YOUR POLICY IN DETAIL
 CONTRACTOR’S PLANT & MACHINERY INSURANCE POLICY - RETAIL
POLICY WORDINGS

WHEREAS the insured named in the Schedule hereto by a c) loss of or damage to replaceable parts and attachment such as
proposal and declaration, which shall be the basis of this contract bits, drills, knives or other cutting edges, saw blades dies,
and is deemed to be incorporated herein has applied to the moulds, patterns, pulverizing and crushing surfaces, screens and
Edelweiss General Insurance Company Limited (hereinafter sieves, ropes, belts, chains, elevator and conveyor bands,
called the Company ) for the insurance hereinafter contained and batteries, tyres, connecting wires and cables, flexible pipes,
has paid the premium as consideration for such Insurance in joining and packing material regularly replaced;
respect of accident or damage occurring during the period of
Insurance stated in the Schedule or during any subsequent d) loss or damage due to explosion of any boiler or pressure
period for which the Insured pays and the Company may accept vessel subject to internal steam or fluid pressure or of any
the premium for the renewal of this Policy. internal combustion engine;

NOW THIS POLICY OF INSURANCE WITNESSETH e) loss of or damage to vehicles designed and licensed for
THAT subject to the terms, exceptions, exclusions, provisions and general road use unless these vehicles are exclusively used on
conditions contained herein or endorsed hereon, the Company construction site;
will at its own option by payment or reinstatement or repair
indemnify the Insured against unforeseen and sudden physical f) loss of or damage to Hull and machinery of waterborne vessels
damage by any cause not hereinafter excluded to any Insured or crafts, however this exclusion shall not apply to Contractors
Property specified in the attached Schedule(s) whilst at the Plant and machinery mounted on water borne vessels or crafts
location mentioned therein necessitating its immediate repair or for the purpose of use for the contract work;
replacement. This Policy shall apply to the insured items whether
they are at work or at rest, or being dismantled for the purpose of g) loss or damage due to total or partial immersion in tidal waters;
cleaning or overhauling, or in the course of the aforesaid
operations themselves, or when being shifted within the h) loss or damage whilst in transit, from one location to another
premises, or during subsequent re-erection, but in any case only location (Public Liability will not be payable while Contractors
after successful commissioning. The liability of the Company for Plant & Machineries are on Public Roads);
any one item of the insured property shall not exceed in the
aggregate in any one Period of Insurance the Sum Insured set i) loss or damage as a direct consequence of the continual
against such item in the attached Schedule(s). However the sum influence of operation (e.g. wear and tear, corrosion, rust,
insured under such item can be reinstated after occurrence of a deterioration due to lack of use and normal atmospheric
claim for balance period. conditions);

EXCEPTIONS – j) loss or damage occurring whilst any insured item is undergoing

THE COMPANY SHALL NOT BE LIABLE UNDER THIS POLICY IN a test of any kind or is being used in any manner or for any
RESPECT OF – purpose other than that for which it was designed;

a) the Excess stated, in the Schedule, to be borne by the Insured k) loss of or damage to plant and/or machinery working
in any one occurrence; if more than one item is lost or damaged underground;
in one occurrence, the insured shall not, however, be called upon Note - This does not apply to Machineries used in Tunneling
to bear more than the highest single Excess applicable to such works.
items;
l) War, Invasion, act of foreign enemy, hostilities or war like
b) loss or damage due to electrical or Mechanical breakdown, operation (whether war be declared or not), Civil War, Rebellion
failure, breakage or derangement, freezing of coolant or other Revolution Insurrection, Mutiny, Civil Commotion, Military or
fluid, defective lubrication or lack of oil or coolant, but if as a usurped power, martial law, conspiracy, confiscation,
consequence of such breakdown or derangement an accident commandeering a group of malicious person or persons acting
occurs causing external damage, such consequential damage on behalf of or in connection with any political organisation,
will be indemnifiable; requisition or destruction or damage by order of any government
de jure or de facto or by any public, Municipal or Local Authority;

1 Contractor’s Plant & Machinery Insurance Policy I UIN: IRDAN159RP0001V01202021 1

 m) loss or damage directly or indirectly caused by, or arising out PROVISIONS
of, or aggravated by nuclear reaction, nuclear radiation or 1. SUM INSURED –
radioactive contamination; It is a requirement of this insurance that the Sum Insured shall be
equal to the cost of replacement of the insured property by new
n) loss or damage due to any faults or defects existing at the time property of the same kind and same capacity, which shall mean
of commencement of this policy within the knowledge of the its replacement cost including freight, dues and customs duties if
insured or his representatives, whether such faults or defects any and erection costs.
were known to the Company or not;
2. BASIS OF INDEMNITY –
o) loss or damage directly or indirectly caused by, or arising out a) In cases where damage to an insured item can be repaired the
of, or aggravated by the willful act or willful negligence of the Company will pay expenses necessarily incurred to restore the
insured or his representatives; damaged machine to its condition immediately prior to the
accident/loss plus the cost of dismantling and re-erection
p) loss or damage for which the supplier or manufacturer is incurred for the purpose of effecting the repairs as well as
responsible either by law or under contract; ordinary freight to and from a repair-shop, customs duties and
dues if any, to the extent such expenses have been included in
q) consequential loss or liability of any kind or description; the Sum Insured. If the repairs are executed at a workshop owned
by the Insured, the Company will pay the cost of materials and
r) loss or damage discovered only at the time of taking an wages incurred for the purpose of the repairs plus a reasonable
inventory or during routine servicing; percentage to cover overhead charges.

s) Terrorism Damage Exclusion Warranty. No deduction shall be made for depreciation in respect of parts
replaced, except those with limited life, but the value of any
This policy excludes loss, damage cost or expense of whatsoever salvage will be taken into account. If the cost of repairs as
nature, directly or indirectly caused by, resulting from, or in detailed hereinabove equals or exceeds the actual value of the
connection with any act of terrorism, regardless of any other machinery insured immediately before the occurrence of the
cause or event contributing concurrently or in any other sequence damage, the settlement shall be made on the basis provided for
to the loss. in (b) below.
For the purpose of this exclusion, an act of terrorism means an
act or series of acts, including but not limited to the use of force b) In cases where an insured item is totally destroyed the
or violence and/or the threat thereof, of any person or group(s) of Company will pay the actual value of the item immediately before
persons, whether acting alone or on behalf of or in connection the occurrence of the loss, including costs for ordinary freight,
with any organisation(s) or government(s), or unlawful erection and customs duties if any, provided such expenses have
associations, recognized under Unlawful Activities (Prevention) been included in the sum insured, such actual value to be
Amendment Act, 2008 or any other related and applicable calculated by deducting proper depreciation from the
national or state legislation formulated to combat unlawful and replacement value of the item. The Company will also pay any
terrorist activities in the nation for the time being in force, normal charges for dismantling of the machinery destroyed but
committed for political, religious, ideological or similar purposes the salvage shall be taken into account.
including the intention to influence any government and/or to put
the public or any section of the public in fear for such purposes. Any extra charges incurred for overtime, night-work, work on
This exclusion also includes loss, damage, cost or expenses of public holiday, express freight, are covered by this insurance only
whatsoever nature directly or indirectly caused by, resulting from if especially agreed to in writing.
or in connection with any action taken in controlling, preventing, In the event of the Makers' drawing, patterns and core boxes
suppressing or in any way relating to the above. necessary for the execution of a repair, not being available, the
Company shall not be liable for the cost of making any such
In any action, suit or other proceeding where the company allege drawings, patterns and core boxes.
that by reason of the provisions of exclusions (m) to (q) above any The cost of any alteration, improvements or overhauls shall not
loss, destruction or damage is not covered by this policy, the be recoverable under this Policy.
onus of proving that such loss, destruction or damage is covered
shall be upon the insured. The cost of any provisional repairs will be borne by the Company
if such repairs constitute part of the final repairs, and do not
increase the total repair expenses.
If the sum insured is less than the amount required to be insured
as per Provision- I herein above, the Company will pay only in

Contractor’s Plant & Machinery Insurance Policy I UIN: IRDAN159RP0001V01202021 2

 such proportion as the sum insured bears to the amount required reasonable evidence as the Company may require that the loss
to be insured. Every item, if more than one, shall be subject to destruction or damage in respect of which a claim is made has
this condition separately. actually arisen from one of the risks insured.

The Company will make payments only after being satisfied, with 5. OBLIGATIONS OF THE INSURED:
the necessary bills and documents, that the repairs have been a) The insured shall take all reasonable steps to maintain the
effected or replacement have taken place, as the case may be. insured property in efficient working order and to ensure that no
The Company may, however, not insist for bills and documents in item is habitually or intentionally overloaded. The Insured shall
case of total loss where the insured is unable to replace the fully observe the manufacturer's instructions for operating,
damaged equipment for reasons beyond their control. In such a inspection and overhaul, as well as government, statutory,
case claims can be settled on ‘Indemnity Basis’. municipal and all other binding regulations in force concerning
the operation and maintenance of the insured plant and
3. CONDITIONS – machinery;
a) This Policy and the attached Schedule(s) shall be read together
as one contract and any words and expressions to which specific b) The Company’s officials and/or their representatives shall at all
meanings have been attached in any part of this Policy or of the reasonable times have the right to inspect and examine any
attached Schedule(s) shall bear the same meaning wherever they property insured hereunder and the Insured shall provide the
may appear. officials of the Company with all details and information
necessary for the assessment of the risk;
b) If a claim is in any respect fraudulent or if any false declaration
is made or used in support thereof or if any fraudulent means or c) In the event of any:
devices are used by the Insured or any one acting on his behalf to i) Material change in the original risk;
obtain any benefit under this Policy, or if a claim is made and ii) Alteration, modification or addition to an insured item;
rejected and no action or suit is commenced within three months iii) Departure from prescribed operating condition, whereby the
after such rejection or in case of arbitration taking place as risk of loss or damage increases;
provided therein within three months after the arbitrator or iv) Change in the Insured's interest (such as discontinuation or
arbitrators or umpire have made their award, all benefits under liquidation of the business or being placed in receivership) taking
this Policy shall be forfeited. place;
The Policy shall be void unless its continuance be agreed by
c) No admission, offer, promise, payment or indemnity shall be endorsement signed by the Company.
made or given by or on behalf of the Insured without the written
consent of the Company who shall be entitled if they so desire to 6. DUTIES FOLLOWING AN ACCIDENT –
take over and conduct in the name of the Insured the defense or In the event of any occurrence which might give rise to a claim
settlement of any claim for indemnity or damage or otherwise and under this policy the Insured shall –
shall have full discretion in the conduct of any proceeding or in
the settlement of any claim and the Insured shall give all such a) immediately notify the Company by through call centre as well
information and assistance as the Company may require. as in writing, giving an indication as to the nature and extent of
loss or damage;
d) The due observance and fulfillment of the terms, provisions
and conditions of and endorsement on this policy in so far as they b) take all reasonable steps within his power to minimise the
relate to anything to be done or complied with by the Insured and extent of the loss or damage or liability;
the truth of the statements and answers in the said proposal shall
be conditions precedent to any liability of the Company to make c) Preserve the damaged or defective parts and make them
any payment under this policy. available for inspection by an official or surveyor of the Company;

4. MISCELLANEOUS – d) furnish all such information and documentary evidence as the

The Insured shall - company may require;
a) take all practicable steps including in the case of machinery
lost or stolen or wilfully damaged by giving of immediate notice to The Company shall not be liable for any loss or damage of which
the Police to recover any property lost or stolen and in the case of no notice and completed claims form have been received by the
theft or willful damage to discover the guilty person or persons. Company within Fourteen days of its occurrence;

b) produce or give access to any property alleged to be damaged Upon notification of a claim being given to the Company, the
and the Insured shall be bound to satisfy the Company by such Insured may proceed with the repair of any minor damage not

Contractor’s Plant & Machinery Insurance Policy I UIN: IRDAN159RP0001V01202021 3

 exceeding `7,500/- provided that the carrying out of such repairs 11. RECOURSE –
is without prejudice to any question of liability of the Company The Insured shall, at the expense of the Company, do and concur
and that any damaged part requiring replacement is kept for in doing and permit to be done, all such acts and things as may
inspection by the Company, but in all other cases a be necessary or required by the Company in endorsing any right
representative of the Company shall have the opportunity of or remedies or of obtaining relief or indemnity from parties (other
inspecting the damage before any alterations, repairs or than those insured under this Policy) to which the Company shall
replacements are effected. Nothing contained herein shall be or would become entitled or subrogated upon their paying for
prevent the Insured from taking such steps as are absolutely or making good of any loss or damage under this Policy, whether
necessary to maintain the operation of the plant. such acts and things shall be or become necessary or required
The liability of the Company under this Policy in respect of any before or after the Insured's indemnification by the Company.
item of property sustaining damage, for which indemnity is
provided, shall cease if the said item is kept in operation without 12. ARBITRATION -
being repaired to the satisfaction of the Company. If any dispute or difference shall arise as to the quantum to be
paid under the policy (liability being otherwise admitted) such
7. OTHER INSURANCES – difference shall, independently of all other questions, be referred
If at the time any claim arises under this Policy there is any other to the decision of a sole arbitrator to be appointed in writing by
insurance covering the same loss damage or liability, the the parties to or if they cannot agree upon a single arbitrator
Company shall not be liable to pay or contribute more than its within 30 days of any party invoking arbitration, the same shall be
rateable proportion of such loss damage or liability. referred to a panel of three arbitrators, comprising of two
arbitrators, one to be appointed by each of the parties to the
8. POSITION AFTER A CLAIM – dispute/ difference and the third arbitrator to be appointed by
a) The Insured shall not be entitled to abandon any property to the such two arbitrators; and arbitration shall be conducted under
Company, whether taken possession of by the Company or not. and in accordance with the provisions of The Arbitration and
Conciliation Act, 1996.
b) As from the day of the loss, the Sum Insured for remainder of It is clearly agreed and understood that no difference or dispute
the period of insurance is reduced by the amount of the shall be referable to arbitration, as herein before provided, if the
compensation. To prevent under-insurance during the remainder Company has disputed or not accepted liability under or in
of the current period of insurance the amount (sum) insured must respect of this policy.
be reinstated. The premium will be calculated pro-rata from the It is hereby expressly stipulated and declared that it shall be a
day the repaired item is again put to work. For subsequent condition precedent to any right of action or suit upon this policy
periods of insurance, the original indemnity and premium are that award by such arbitrator/ arbitrators of the amount of the
again in force unless circumstances justify an alteration. loss or damage shall be first obtained.

9. TRANSFER OF INTEREST –
The insurance granted by this Policy shall cease to attach to any
items described in the Schedule the interest in which shall pass
from the Insured otherwise than by will or operation of law, unless
the consent of the Company for the continuance of the insurance
shall be obtained and signified by endorsement hereon.

10. TERMINATION OF INSURANCE –

This insurance may be terminated, at any time, at the request of
the Insured, in which case the Company will retain the premium
calculated at the customary short period rate for the time the
policy has been in force.

This insurance may also, at any time, be terminated at the option

of the Company on the grounds of misrepresentation, fraud,
non-disclosure of material facts or non-cooperation by the
Insured, giving 15 days’ written notice to the Insured for the
cancellation, in which case there shall be no refund of premium.

Contractor’s Plant & Machinery Insurance Policy I UIN: IRDAN159RP0001V01202021 4

 ENDORSEMENT WORDING UNDER
CONTRACTOR’S PLANT & MACHINERY
INSURANCE POLICY

Contractor’s Plant & Machinery Insurance Policy I UIN: IRDAN159RP0001V01202021 5

 1. ESCALATION CLAUSE – In respect of loss or damage resulting to underground piping
Attached to and forming part of the Policy No. _________ tunneling or underground cables and other underground
In consideration of the payment of an additional premium facilities, the indemnity will be restricted to actual repair cost,
amounting to 50% of the premium produced by applying the provided prior to commencement of work, insured with the
specified percentage to the first or the annual premium as appro- relevant authorities about the exact locations or positions of such
priate on the undernoted item(s) the Sum(s) Insured thereby shall, cables, pipes or other underground facilities. Cracks that neither
during the period of Insurance, be increased each day by an impair the stability of the structure nor safety of its users are not
amount representing 1/365th of the specified percentage covered.
increase per annum.
3. THIRD PARTY LIABILITY –
Item Number Specified Percentage Increase per annum Attached to and forming part of the Policy No.__________
In consideration of the payment of the additional premium of
`____ it is hereby agreed and declared that notwithstanding
anything to the contrary stated in this policy, the Company will
Unless specifically agreed to the contrary the provisions of the indemnify the insured:
Clause shall only apply to the sums insured in force at the
commencement of each period of insurance. a) against legal liability for the accidental loss or damage caused
At each Renewal Date the Insured shall notify the Insurers: - to the property of other persons.
(i) the Sums to be Insured under each item above, but in the b) against legal liability (liability under contract excepted) for fatal
absence of such instructions the Sums Insured by the above or non-fatal injury to any persons other than the insured or his
items shall be those stated on the policy (as amended by any own employees or employee of the owner of the
endorsement effective prior to the aforesaid renewal date) to works/site/premises/ location or employees of the other firms/-
which shall be added the increases which have accrued under connected with any other work site/ premises/ location or
this Clause during the period of Insurance upto that renewal date, members of the family of the insured or any of the aforesaid.
and
(ii) the specified percentage increase(s) required for the EXCLUSIONS UNDER THE TPL EXTENSION -
forthcoming period of Insurance, but in the absence of instruc- The Company will not indemnify the insured, under this extension
tions to the contrary prior to the renewal date the existing in respect of -
percentage increase shall apply for the period of insurance from a) The first amount of policy excess of each claim for any one
renewal. occurrence related to property damage.
All the conditions of the policy in so far as they may be hereby b) Expenditure incurred in doing or redoing or making good or
expressly varied shall apply as if they had been incorporated repairing or replacing any thing covered or coverable under the
herein. policy.
c) Liability consequent upon -
2. OWNER'S SURROUNDING PROPERTY –
Attached to and forming part of the Policy No.__________ i) bodily injury to or illness of employees/workmen/members of
In consideration of insured having paid extra premium amounting the families of the insured or of the owners of the
to `________ it is hereby agreed and declared, subject to works/site/premises/ location or of any other firm/contractors
otherwise terms and conditions of the Policy, that this insurance connected with any other work at the works/site/premises/loca-
by within policy is extended to cover loss or damage to property tion.
located at or adjacent to the site and belongings to or held in care ii) loss of or damage or property belonging to or held in trust by or
custody, control of the principal(s) or the contractor(s) if occurring under custody of the owner of the works/site/premises/location
directly due to damage of items mentioned in the schedule while of any other firms/contractors or an employee/workmen/family
at rest or in views for construction or erection during period of members of any of the aforesaid.
policy. iii) any accident cost by vehicles licensed for general road or by
The Company pays to the insured the value of the damaged waterborne vessels or used aircraft.
property at the time of accident or at its ---- reinstate or replace iv) any agreement by the insured to pay any sum by way of
such damage property or any part thereof provided that - indemnity or otherwise unless such liability would have attached
The liability of the Company shall in no case exceed `_____ for also in the absence of such agreement.
any one accident or series of accidents arising out of any one
event and in the whole the total indemnity of `_______ during CONDITIONS APPLYING TO TPL EXTENSION -
the currency of the Policy. a) No admission, offer, promise, payment of indemnity shall be
The insured shall bare the same excess as mentioned in the made or given by or on behalf of the insured without written
schedule of the policy. consent of the company who shall be entitled, if any so desire, to
Contractor’s Plant & Machinery Insurance Policy I UIN: IRDAN159RP0001V01202021 6
 take over and conduct in the name of the insured the defence or amount taken into account in arriving at the Sum Insured the
settlement of any claim or to prosecute for their own benefit in the affected item.
name of the insured any claim for indemnity or damage or
otherwise and shall have full discretion in the conduct of any Each and every claim payable under the extension shall be
proceeding or in the settlement of any claim and the insured shall subject to an Excess of 5 % of the admissible Additional Customs
give all such information and assistance as the Company may Duty incurred and will be in addition to the Excess amount
require. applicable for the affected item under the Policy.

b) The Company may, so far as any accident is concerned, pay to The Indemnity for such Additional Customs Duty will stand
the insured the limit of indemnity for any one accident/for any one reduced after occurrence of the claim unless reinstated by
period, after deducting therefrom in such case of any sum/s payment of an additional premium prescribed by the Company.
already paid as compensation in respect thereof or any lesser Subject otherwise to the terms, conditions and exceptions of the
sum for which the claim or claims arising such accident can be Policy.
settled and the Company shall thereafter be under no further
liability in respect of such accident under this section. Note-
i) For computation of indemnity under the Additional Customs
4. EXPRESS FREIGHT – Duty extension, exchange rate applicable on date of occurrence
Attached to and forming part of the Policy No.__________ shall be considered.
It is agreed and understood that otherwise subject to the terms, ii) Under this only Sea Freight charge would be taken into account
exclusions, provisions and conditions contained in the Policy or even though the replacement supplies had been air freighted and
endorsed thereon and subject to the insured having paid the the policy has been endorsed for airfreight cover.
agreed extra premium, this insurance shall be extended to cover
extra charges for express freight (excluding air freight). 7. INSURANCE OF ALL TYPES OF CRANES –
Provided always that such extra charges are incurred in connec- ‘It is understood and agreed that the Insurance by this Policy shall
tion with any loss of or damage to the insured items recoverable include sudden and unforeseen damage to ropes/slings resulting
under the policy. in their actual and complete severance. It shall not include break-
If the sum(s) insured of the demand item(s) is/are less than the age or abrasion of wires or strands of rope/slings although
amount(s) required to be insured the amount payable under this replacement is necessitated thereby’.
endorsement for such extra charges shall be reduced in the same
proportion. 8. FOR INSURANCE OF IMPORTED MACHINERY –
Extra Premium `___________ ‘The indemnity provided by this policy does not extend to include
cost incurred/time involved in the movement of the machinery
5. AIR FREIGHT – and/or any other property and/or personnel out side territorial
Attached to and forming part of the Policy No.__________ limits of India other than the cost of delivery of replacements for
‘It is hereby declared and agreed that the Policy shall also indem- machinery lost or damaged’.
nify towards Air Freight incurred by the Insured in connection with
the indemnifiable loss under the Policy. 9. TERRORISM DAMAGE COVERAGE ENDORSEMENT
In consideration thereof an additional premium of `_______ is
charged hereby. INSURING CLAUSE
Limit of indemnity shall be `_______ during currency of the Subject otherwise to the terms, exclusions, provisions and
Policy. conditions contained in the Policy and in consideration of the
Each and every claim shall be subject to a minimum Excess of 5 payment by the Insured to the Company of additional premium as
% of the admissible Air Freight incurred over and above the stated in the Schedule, it is hereby agreed and declared that
excess as applicable under the policy. notwithstanding anything stated in the ‘Terrorism Risk Exclusion”
Subject otherwise to terms, conditions and exceptions of the of this Policy to the contrary, this Policy is extended to cover
Policy’. physical loss or physical damage occurring during the period of
this Policy caused by an act of terrorism, subject to the
6. ADDITIONAL CUSTOMS DUTY – exclusions, limits and excess described hereinafter.
In consideration of the Insured having paid an additional premium For the purpose of this cover, an act of terrorism means an act or
of ` _____ it is hereby declared and agreed that the Insured series of acts, including but not limited to the use of force or
shall also be indemnified during the currency of the policy, violence and/or the threat thereof, of any person or group(s) of
towards the additional Customs Duty, amount of ` _____ which persons, whether acting alone or on behalf of or in connection
may be incurred by the Insured over and above the Customs Duty with any organisation(s) or government(s), or unlawful associa-

Contractor’s Plant & Machinery Insurance Policy I UIN: IRDAN159RP0001V01202021 7

 tions, recognized under Unlawful Activities (Prevention) Amend- virus or corrupting or unauthorised instructions or code or the use
ment Act, 2008 or any other related and applicable national or of any electromagnetic weapon. This exclusion shall not operate
state legislation formulated to combat unlawful and terrorist to exclude losses (which would otherwise be covered under this
activities in the nation for the time being in force, committed for Policy) arising from the use of any computer, computer system or
political, religious, ideological or similar purposes including the computer software programme or any other electronic system in
intention to influence any government and/or to put the public or the launch and/or guidance system and/or firing mechanism of
any section of the public in fear for such purposes. any weapon or missile;
This cover also includes loss, damage, cost or expense directly 9. loss or damage caused by vandals or other persons acting
caused by, resulting from or in connection with any action taken maliciously or by way of protest or strikes, labour unrest, riots or
in suppressing, controlling, preventing or minimizing the conse- civil commotion;
quences of an act of terrorism by the duly empowered govern- 10. loss or increased cost occasioned by any public or govern-
ment or Military Authority. ment or local or civil authority’s enforcement of any ordinance or
Provided that if the Insured is eligible for indemnity under any law regulating the reconstruction, repair or demolition of any
government compensation plan or other similar scheme in property insured hereunder;
respect of the damage described above, this Policy shall be 11. any consequential loss or damage, loss of use, delay or loss
excess of any recovery due from such plan or scheme. of markets, loss of income, depreciation, reduction in functional-
For the purpose of the aforesaid inclusion clause, "Military ity, or increased cost of working;
Authority" shall mean armed forces, para military forces, police or 12. loss or damage caused by factors including but not limited to
any other authority constituted by the government for maintaining cessation, fluctuation or variation in, or insufficiency of, water,
law and order. gas or electricity supplies and telecommunications or any type of
service;
LOSSES EXCLUDED 13. loss or increased cost as a result of threat or hoax;
This cover shall not indemnify loss of or damage to property 14. loss or damage caused by or arising out of burglary, house -
caused by any or all of the following: breaking, looting, theft, larceny or any such attempt or any
1. loss by seizure or legal or illegal occupation; omission of any kind of any person (whether or not such act is
2. loss or damage caused by: (i) voluntary abandonment or committed in the course of a disturbance of public peace) in any
vacation, (ii) confiscation, commandeering, nationalisation, action taken in respect of an act of terrorism;
requisition, detention, embargo, quarantine, or any result of any 15. loss or damage caused by mysterious disappearance or
order of public or government authority, which deprives the unexplained loss;
Insured of the use or value of its property; 16. loss or damage directly or indirectly caused by mould,
3. loss or damage arising from acts of contraband or illegal mildew, fungus, spores or other micro-organism of any type,
transportation or illegal trade; nature or description, including but not limited to any substance
4. loss or damage directly or indirectly arising from or in conse- whose presence poses an actual or potential threat to human
quence of the seepage and or discharge of pollutants or contami- health;
nants, which pollutants and contaminants shall include but not be 17. total or partial cessation of work or the retardation or
limited to any solid, liquid, gaseous or thermal irritant, contami- interruption or cessation of any process or operations or
nant or toxic or hazardous substance or any substance the omissions of any kind.
presence, existence or release of which endangers or threatens
to endanger the health, safety or welfare of persons or the LIMIT OF INDEMNITY
environment; The limit of indemnity under this cover shall not exceed the Total
5. loss or damage arising directly or indirectly from or in conse- Sum Insured given in the Policy Schedule or `20,000,000,000
quence of chemical or biological emission, release, discharge, whichever is lower. In respect of several insurance policies within
dispersal or escape or chemical or biological exposure of any the same compound/location with one or different insurers, the
kind; maximum aggregate loss payable per compound/location by any
6. loss or damage arising directly or indirectly from or in conse- one or all insurers shall be `20,000,000,000. If the actual aggre-
quence of asbestos emission, release, discharge, dispersal or gate loss suffered at one compound/location is more than
escape or asbestos exposure of any kind; `20,000,000,000, the amounts payable under individual policies
7. any fine, levy, duty, interest or penalty or cost or compensa- shall be reduced in proportion to the sum insured of the policies.
tion/damages and/or other assessment which is incurred by the
Insured or which is imposed by any court, government agency, DEFINITION OF SINGLE EVENT
public or civil authority or any other person; Physical loss or physical damage arising during a period of 72
8. loss or damage by electronic means including but not limited consecutive hours out of an “act of terrorism” would be consid-
to computer hacking or the introduction of any form of computer ered as single event.

Contractor’s Plant & Machinery Insurance Policy I UIN: IRDAN159RP0001V01202021 8

 EXCESS SANCTION, LIMITATION AND EXCLUSION CLAUSE
Shops & Residential Risks: 1% of the claim amount for each and No insurer shall be deemed to provide cover and no insurer shall
every claim subject to Minimum of `10,000 and Maximum of be liable to pay any claim or provide any benefit hereunder to the
`500,000 extent that the provision of such cover, payment of such claim or
Non-Industrial Risks: 1% of the claim amount for each and every provision of such benefit would expose that insurer to any
claim subject to Minimum of `25,000 and Maximum of sanction, prohibition or restriction under United Nations resolu-
`1,000,000 tions or the trade or economic sanctions, laws or regulations of
Industrial Risks: 5% of the claim amount for each and every claim the European Union, United Kingdom or United States of America.
subject to Minimum of `100,000 and Maximum of `2,500,000
*whichever is applicable CANCELLATION CLAUSE
Notwithstanding the cancellation provisions relating to the basic
ADD ON COVERS insurance policy on which this endorsement is issued, there shall
It is further declared and agreed that the limit of indemnity includ- be no refund of premium allowed for cancellation of the Terrorism
ing the claim on add on cover(s) shall not exceed total sum risk insurance during the period of insurance except where such
insured plus separate sublimit opted for add on cover(s) or cancellation is done along with the cancellation of the basic
`20,000,000,000 whichever is lower. In respect of several insurance. Where a policy is cancelled and rewritten mid-term
insurance policies with in the same compound/location or affect- purely for the purpose of coinciding with the accounting year of
ed in the single event, the maximum aggregate loss payable per the insured, pro-rate refund of the cancelled policy premium will
compound/location and or arising out of single event by any one be allowed.
or all insurers shall be `20,000,000,000. If the cancellation is for any other purpose, refund of premium will
only be allowed after charging short term scale rates.
MID TERM COVER Note: The definitions, terms and conditions of main Policy save as
In case the coverage under this endorsement is granted during modified or endorsed herein shall apply.
the currency of the policy, no claims will be payable for loss or
damage to property caused by an act of terrorism occurring
during the first 15 (fifteen) days from the date of granting such
cover.

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 GRIEVANCE MECHANISM

Any Grievance of the Complainant sent in a written communication as per Rule 13 and Rule 14 of the Insurance Ombudsman
to the Company at any of the touch points as mentioned, shall be Rules, 2017 (‘Ombudsman Rules’).
addressed within 14 days of the receipt of the complaint. The following complaints can be lodged with the Insurance
Ombudsman:
Escalation Matrix: 1. Any partial or total repudiation of claims by an insurer;
2. Any dispute in regard to premium paid or payable in terms
Step 1 of the policy;
Call: 1800 12000 3. Any dispute on the legal construction of the policies in so
Email: [email protected] far as such disputes relate to claims;
4. Delay in settlement of claims;
Step 2 5. Non-issue of any insurance document to customers after
If the response is not as per Complainant’s expectations receipt of premium.
he/she may contact the Grievance Cell at the below touch-
points: Manner in which complaint is to be made Rule 14 of the
• Email: [email protected] Ombudsman Rules:-
• Address: Edelweiss General Insurance Company Limited, 1. Any person who has a grievance against the Company, may
Kohinoor City Mall, Tower 3, Kirol Road, Kurla West, Mumbai himself or through his legal heirs make a complaint in writing
400070 to the Ombudsman within whose jurisdiction the branch or
office of the Company complained against is located.
Step 3 2. The complaint shall be in writing duly signed by the
If the response is not as per Complainant’s expectations complainant or through his legal heirs and shall state clearly
he/she may contact the Company’s Grievance Redressal the name and address of the complainant, the name of the
Officer at: branch or office of the insurer against which the complaint is
• Email: [email protected] made, the fact giving rise to the complaint.
• Address: Edelweiss General Insurance Company Limited, 3. No complaint to the Ombudsman shall lie unless:
Kohinoor City Mall, Tower 3, Kirol Road, Kurla West, Mumbai • the complainant had before making a complaint to the
400070 Ombudsman, made a written representation to the Compa-
ny/insurer named in the complaint and either insurer had
Step 4 rejected the complaint or the complainant had not received
If the Complainant is not still not satisfied with the response or any reply within a period of one month after the insurer
does not receive a response from the Company within 14 concerned received his representation or the complainant is
days, the Complainant may approach the Grievance Cell of the not satisfied with the reply given to him by the insurer;
IRDAI on the following contact details: • the complaint is made not later than one year after the
• IRDAI Grievance Call Centre (IGCC) TOLL FREE NO: 155255; insurer had rejected the representation or sent his final reply
Email ID: [email protected] on the representation of the complainant; and
• Register online at: http://www.igms.irda.gov.in/ • the complaint is not on the same subject matter for which
• Address for communication for complaints by fax/paper: any proceedings before any court or Consumer Forum or
Consumer Affairs Department, Insurance Regulatory and arbitrator is pending or was so earlier.
Development Authority of India Sy. No. 115/1, Financial
District, Nanakramguda, Gachibowli Hyderabad - 500032

Step 5
If the complaint/grievance has still not been resolved, the
Complainant may approach the Office of the Insurance
Ombudsman established by the Central Government of India

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 Ombudsman and Addresses

Mentioned below are contact details of Ombudsman:

CONTACT DETAILS JURISDICTION

AHMEDABAD
Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, State of Gujarat,
Tilak Marg, Relief Road, Ahmedabad – 380 001. Union Territory of Dadra & Nagar Haveli &
Tel.: 079 - 25501201/02/05/06 Union Territory of Daman and Diu.
Email:[email protected]

BENGALURU
Office of the Insurance Ombudsman, Jeevan Soudha Building, PID
No.57-27-N-19, Ground Floor, 19/19, 24th Main Road, JP Nagar, 1st Phase,
State of Karnataka
Bengaluru-560 078.
Tel.:- 080-26652048 / 26652049
Email:- [email protected]
BHOPAL
Office of the Insurance Ombudsman, Janak Vihar Complex, 2nd Floor, 6,
Malviya Nagar, Opp. Airtel Office, Near New Market, Bhopal – 462 033. States of Madhya Pradesh and Chattisgarh
Tel.:- 0755-2769200/201/202, Fax:- 0755-2769203
Email:- [email protected]
BHUBANESHWAR
Office of the Insurance Ombudsman, 62, Forest park, Bhubneshwar – 751 009.
Tel.:- 0674-2596461 / 2596455, Fax:- 0674-2596429 State of Odisha
Email:[email protected]
CHANDIGARH
Office of the Insurance Ombudsman, S.C.O. No. 101, 102 & 103, 2nd Floor,
Batra Building, Sector 17 – D, Chandigarh – 160 017. States of Punjab, Haryana, Himachal Pradesh, Union Territory of Jammu
Tel.:- 0172-2706196/ 2706468 & Kashmir, Union Territory of Ladakh and Union Territory of Chandigarh
Fax:- 0172-2708274
Email:- [email protected]

CHENNAI
Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453 , Anna
Salai, Teynampet, CHENNAI – 600 018. State of Tamil Nadu and Union Territories - Puducherry Town and
Tel.:- 044-24333668 / 24335284 Karaikal (which are part of Union Territory of Puducherry)
Fax:- 044-24333664
Email:- [email protected]

DELHI
Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building,
Asaf Ali Road, New Delhi – 110 002. State of Delhi
Tel.:- 011-23232481/23232481
Email:- [email protected]

ERNAKULAM
Office of the Insurance Ombudsman, 2nd floor, Pulinat Building, Opp. Cochin
Shipyard, M.G. Road, Ernakulum - 682 015. State of Kerala, Union Territory of Lakshadweep and Mahe, a part of
Tel.:- 0484-2358759/2359338 Puducherry
Fax:- 0484-2359336
Email:- [email protected]

GUWAHATI
Office of the Insurance Ombudsman, 'Jeevan Nivesh’, 5th Floor, Nr. Panbazar
over bridge, S.S. Road, Guwahati – 781001(ASSAM). States of Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh,
Tel.:- 0361- 2632204 / 2602205 Nagaland and Tripura
Email:- [email protected]
HYDERABAD
Office of the Insurance Ombudsman, 6-2-46, 1st floor, "Moin Court" Lane Opp.
Saleem Function Palace, A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004. States of Andhra Pradesh, Telangana and Union Territory of Yanam - a
Tel.:- 040- 67504123 / 23312122 part of Puducherry
Fax:- 040-23376599
Email:- [email protected]

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 CONTACT DETAILS JURISDICTION
JAIPUR
Office of the Insurance Ombudsman, Jeevan Nidhi-II Bldg., Ground Floor,
Bhawani Singh Marg, Jaipur - 302005. State of Rajasthan
Tel.:- 0141-2740363
Email:- [email protected]
KOLKATA
Office of the Insurance Ombudsman, Hindustan Building Annexe, 4th floor, 4,
States of West Bengal, Bihar, Sikkim and Union Territory of Andaman and
C.R. Avenue, Kolkata - 700 072.
Nicobar Islands
Tel.:- 033-22124339 / 22124340, Fax:- 033-22124341
Email:- [email protected]
LUCKNOW Districts of Uttar Pradesh: Lalitpur, Jhansi, Mahoba, Hamirpur, Banda,
Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh,
Nawal Kishore Road, Hazratganj, Lucknow-226 001. Jaunpur, Varansi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur,
Tel.:- 0522-2231330 / 2231331, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad,
Fax:- 0522-2231310. Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sulanpur,
Email:- [email protected] Maharajganj, Santkabirnagar, Azamgarh, Kaushinagar, Gorkhpur, Deoria,
Mau, Chandauli, Ballia, Sidharathnagar
MUMBAI
Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road,
State of Goa, Mumbai Metropolitan Region excluding Navi Mumbai &
Santacruz (W), Mumbai - 400 054.
Thane
Tel.:- 022- 26106552/ 26106960, Fax:- 022-26106052
Email:- [email protected]
State of Uttarakhand and the following Districts of Uttar Pradesh: Agra,
NOIDA
Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kanooj,
Office of the Insurance Ombudsman, Bhagwan Sahai Palace, 4th Floor, Main
Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit,
Road, Naya Bans, Sector-15, Distt: Gautam Budh Nagar, U.P-201301.
Etawah, Farrukhabad, Firozabad, Gautam Budh Nagar, Ghaziabad,
Tel.: 0120-2514250 / 2514252 / 2514253
Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal,
Email:- [email protected]
Amroha, Hathras, Kanshiramnagar, Saharanpur
PATNA
Office of the Insurance Ombudsman, 1st Floor, Kalpana Arcade Building, Bazar
Samiti Road, Bahadurpur, Patna - 800 006. States of Bihar and Jharkhand
Tel.: 0612-2680952
Email:- [email protected]
PUNE
Office of the Insurance Ombudsman, Jeevan Darshan Building, 3rd Floor, State of Maharashtra, Area of Navi Mumbai and Thane, excluding
CTS Nos. 195 to 198, NC Kelkar Road, Narayan Peth, Pune - 411 030 Mumbai Metropolitan Region
Tel: 020 -41312555
Email:- [email protected]

Edelweiss General Insurance Company Limited, Corporate Office: 5th Floor, Tower 3, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla (West), Mumbai -
400 070, Registered Office: Edelweiss House, Off CST Road, Kalina, Mumbai -400 098, IRDAI Regn. No.: 159, CIN: U66000MH2016PLC273758, Reach us on:
1800 12000, Email: [email protected], Website: www.edelweissinsurance.com, Issuing/Corporate Office: +91 22 4272 2200, Grievance
Redressal Officer: +91 22 4931 4422, Dedicated Toll-Free Number for Grievance: 1800 120 216216. Trade logo displayed above belongs to Edelweiss
Financial Services Limited and is used by Edelweiss General Insurance Company Limited under license.

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