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VENTURE PLUS
Your Policy Terms and Conditions
November 2004 Edition
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WELCOME TO AXA
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Introducing AXA
One of the world's largest insurers
We are a world leader in financial protection and wealth management. With
more than 50 million customers across the globe, AXA is one of the world's
largest insurance providers.We have a presence in over 50 countries, yet we
pride ourselves on having a real understanding of local issues.
Care, support and efficiency - when you need it
We offer a wide range of insurance and financial products to meet your
business and personal needs, and are committed to delivering consistent care,
advice and support when you need it.
We employ 117,000 people worldwide, and are also one of the thirty largest
companies of any kind (Fortune magazine's Global 500 for 2003).
AXA helps people to get the best out of life. To achieve this, we provide a wide
range of products and services including: Business Insurance, Home and
Motor Insurance, Investments, Life Assurance, Retirement Planning, Long Term
Care, Asset Management, Medical Insurance and Dental Payment Plans.
AXA Insurance UK plc is authorised and regulated by the Financial Services
Authority. This can be checked on the FSA's website at www.fsa.gov.uk/register
or by contacting them on 0845 606 1234.
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Contents
* Your Policy
4
* Important Helpline
5
* Definitions
6
* Section 1 - Public Liability
8
* Section 2 - Employers Liability
15
* Section 3 - All Risks on Tools and Phones
17
* Section 4 - Hired in Plant
18
* Section 5 - Own Plant
19
* Section 6 - Contract Works
20
* Exclusions to Sections 4, 5 & 6
23
* Section 7 - Personal Accident
26
* General Exceptions
28
* General Conditions
29
* Making Yourself Heard
32
Venture Plus Policy
CONTENTS
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Your Policy
The Company in consideration of the payment of the premium
shall provide insurance against loss destruction damage or liability
occurring at any time during the period of insurance (or any
subsequent period for which the Company accepts a renewal
premium) in accordance with the Sections of the Policy as
shown in the Schedule subject to the exclusions, provisions
and conditions of the Policy
The Policy and the Schedule should be read together as one
contract and the Proposal Form/Statement of Fact made by the
Insured is the basis of the contract
YOUR POLICY
Venture Plus Policy
A We will indemnify You and Your legal
representatives in respect of liability
incurred by You
B We will indemnify at Your request
i) any director or partner of Yours
ii) any Persons Employed
iii) any principal for whom You are
carrying out a contract for the
performance of work but only to the
extent required by the conditions of
such contract
against legal liability in respect of which
You would have been entitled to indemnity
under this Policy if the claim had been
made against You
C We will also indemnify at
Your request
i) any officer or member of Your canteen
sports social educational or welfare
organisations established for the
benefit of Persons Employed
ii) any persons who provide first aid
ambulance fire or security services
in connection with premises occupied
by You
iii) any director partner or senior official of
Yours for whom with Your consent
Persons Employed are undertaking
private work
against legal liability arising from the
provisions of such services facilities or work
Provided that
i) each of the parties indemnified under
this Policy shall as though they were
You observe fulfil and be subject to the
terms Exceptions and Conditions
contained herein or endorsed hereon
insofar as they can apply
ii) We shall have the conduct and control
of all claims
iii) if We are required to indemnify more
than one party in respect of any
occurrence or occurrences Our liability
shall not exceed the Limit of Indemnity
Important
We recommend You read this Policy together
with Your schedule to ensure that it meets
with Your requirements Should You have any
queries please contact Us or Your Insurance
Adviser
Your attention is drawn to the Complaints
procedure (Making Yourself Heard) on
page 32
The law applicable to this Policy
You are free to choose the law applicable to
this Policy Your Policy will be governed by
the law of England and Wales unless You
and We have agreed otherwise
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Important Helpline
In order to maintain a quality service, telephone calls may be monitored or recorded
Venture Plus Policy
IMPORTANT HELPLINE
Legal Advice
0870 241 8178
Our advice line provides free confidential legal
advice Please quote scheme number
PRC200100 when You call
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DEFINITIONS
Venture Plus Policy
Definitions
Wherever the following words and phrases appear in the Policy
they will always have these meanings
We/Us/Our
AXA Insurance UK plc
You/Your(s)/Yourself
The person(s) or company shown in the
Schedule as the Insured
The Business
The Business shall mean those activities
specified in the Schedule and
a) the provision and management of Your
canteen sports social educational and
welfare organisations established for the
benefit of Persons Employed
b) the provision and management of first
aid ambulance fire and security
services in connection with premises
occupied by You
c) ownership repair maintenance and
decoration of Your own property or
premises occupied by You
d) maintenance and repair of vehicles and
plant owned or utilised by You
e) private work by any Persons Employed
for any director partner or senior official
provided such work is undertaken with
Your consent
Provided that all activities are conducted at
or from premises owned or occupied by You
within Great Britain Northern Ireland the
Channel Islands or the Isle of Man
Persons Employed
Persons Employed means any of the
following whilst in Your employment in
connection with the Business unless stated
otherwise in the following sections
a) a person under a contract of service or
apprenticeship with You
b) a person under a work experience
training scheme
c) a labour master or labour only
sub-contractor or any person supplied or
employed by them
d) a self employed person
e) a person hired to or borrowed by You
under a contract or agreement stipulating
that such person shall be deemed to be in
Your employment for the period of such
contract or agreement
Injury
Injury shall include
a) death illness or disease
b) nervous shock
Property
Property shall mean material property
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Costs and Expenses
Costs and Expenses shall mean
a) legal costs of any claimant for which You
are legally liable
b) all solicitors fees incurred with Our written
consent for Your legal representation at
1) any coroner's inquest or fatal
accident enquiry
2) proceedings in any Court of Summary
Jurisdiction arising out of any alleged
breach of statutory duty resulting in
Injury or damage to Property
c) all costs and expenses incurred with Our
written consent in respect of a claim
against You to which the indemnity
provided under this Policy applies
Limit of Indemnity
The Limit of Indemnity shall mean the
amount specified in the Schedule and Our
liability for all damages payable to any
claimant or number of claimants as a result
of any one occurrence or all occurrences of
a series consequent upon or attributable to
one source or original cause shall not
exceed the amount stated in the Schedule
for any one event In respect of the supply of
food and drink the Limit of Indemnity shall
be the aggregate amount payable in
respect of all occurrences during any one
Period of Insurance
Services Supplied
Services Supplied shall mean
a) work which has been executed
and completed
b) goods or materials which have been sold
supplied stored handled transported
erected installed fitted treated repaired
altered tested or serviced
by You or on Your behalf in the course of
the Business
Territorial Limits
Territorial Limits shall mean
a) anywhere within Great Britain Northern
Ireland the Channel Islands or the Isle of
Man including the continental shelf
surrounding the above countries
b) other member countries of the
European Union
i) where You or any Persons Employed
are temporarily engaged on Your
Business provided such persons are
ordinarily resident in a) above
ii) in respect of Services Supplied
c) elsewhere in the world in respect of
commercial visits by directors and
non-manual employees normally
resident in a) above
other than Offshore
Offshore
Offshore shall mean from the time of
embarkation onto a conveyance at the point
of final departure from land to any offshore
rig or any offshore platform and until such
time of disembarkation from the conveyance
onto land upon return from any offshore rig
or any offshore platform
Extended Cover
The indemnity under Sections 1 & 2 only
applies in respect of Persons Employed
engaged by You on a permanent basis
Cover is understood to apply in respect of
Persons Employed engaged on a temporary
basis where You have requested this cover
and the Schedule shows ‘Extended Cover
is operative'
Venture Plus Policy
DEFINITIONS
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SECTION 1
Venture Plus Policy
Section 1 - Public Liability
Cover
In the event of accidental
a) Injury to any person
b) loss of or damage to Property
c) obstruction trespass nuisance or
interference with any right of way air light
or water or other easement
d) wrongful arrest detention imprisonment or
eviction of any person or invasion of the
right of privacy
occurring within the Territorial Limits during
the Period of Insurance and in connection
with the Business We will indemnify You in
respect of all sums which You shall be legally
liable to pay as damages in respect of such
event provided that We shall not be liable for
any amount exceeding the Limit of Indemnity
We will in addition pay Costs and Expenses
Extension A - Health and Safety at
Work etc Act Legal Defence Costs
We will indemnify You and at Your request
any director or partner of Yours or Persons
Employed in respect of legal costs and
expenses incurred with Our written consent
and costs awarded against You or any
director or partner of Yours or Persons
Employed arising in connection with a
prosecution as a result of an alleged offence
under the Health and Safety at Work etc Act
1974 or similar safety legislation of Great
Britain Northern Ireland the Channel Islands
or the Isle of Man which arises in connection
with the Business and which occurs during
the Period of Insurance
We will also pay the costs incurred with Our
written consent in appealing against any
judgement given
Provided that
a) the indemnity granted hereunder does not
1) provide for the payments of fines
or penalties
2) apply to prosecutions which arise out
of any activity or risk excluded from
this Policy
3) apply to prosecutions consequent
upon any deliberate act or omission
4) apply to prosecutions which relate to
the health safety or welfare of any
Persons Employed
5) apply to prosecutions which relate to
the health safety or welfare of any
persons not being Persons Employed
unless Section 1 is operative at the
time when the offence was committed
b) the director partner or Persons Employed
shall be subject to the terms exceptions
and conditions of the Policy insofar as
they can apply
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Extension B - Motor
Contingent Liability
We will indemnify You within the terms of this
Section in respect of legal liability for Injury
or damage to Property caused by or through
or in connection with any motor vehicle or
trailer attached thereto (not belonging to or
provided by You) being used in the course of
the Business
Provided that We shall not be liable for
a) damage to any such vehicle or trailer
b) any claim arising whilst the vehicle or
trailer is
1) engaged in racing pacemaking
reliability trials or speed testing
2) being driven by You
3) being driven with Your general consent
or that of Your representative by any
person who to Your knowledge or to
that of such other representative does
not hold a licence to drive such a
vehicle unless such a person has held
and is not disqualified from holding or
obtaining such a licence
4) used elsewhere than in Great Britain
Northern Ireland the Channel Islands
or the Isle of Man
Extension C - Movement of
Obstructing Vehicles
We will indemnify You within the terms of this
Section in respect of legal liability arising
from any vehicle (not owned or hired by or
lent to You) being driven by You or by any
Persons Employed with Your permission
whilst such vehicle is being moved for the
purpose of allowing free movement of any
vehicle owned hired by or lent to You or any
Persons Employed by You
Provided that
a) movements are limited to vehicles parked
on or obstructing Your own premises or at
any site at which You are working
b) the vehicle causing obstruction will not be
driven by any person unless such person
is competent to drive the vehicle
c) the vehicle causing obstruction is driven
by use of the owner's ignition key
d) We shall not indemnify You against
1) damage to such vehicle
2) liability for which compulsory
insurance or security is required under
any legislation governing the use of
the vehicle
Venture Plus Policy
SECTION 1
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SECTION 1
Venture Plus Policy
Extension D - Leased Hired or
Rented Premises
Exception 2 on page 12 shall not apply to
damage to premises leased hired or rented
to You
Provided that We shall not indemnify
You against
a) liability assumed by agreement unless
such liability would have attached in the
absence of such agreement
b) loss or damage caused by fire or any
other peril against which a tenancy or
other agreement stipulates that insurance
shall be effected by You or on Your behalf
c) the first £250 of damage caused
otherwise than by fire or explosion
Extension E - Cross Liability
This Section shall apply separately to each
person named in the Schedule as if a
separate policy had been issued to each
Provided that if We are required to indemnify
more than one party in respect of any
occurrence Our liability shall not in the
aggregate exceed the Limit of Indemnity
Extension F - Car Park and
Cloakroom Liability
Where the vehicles or personal effects of
persons other than You are held in trust by
You or in Your custody or control We will
provide indemnity against legal liability in
respect of loss of or damage to such property
Provided that such property
a) is not being stored by You for a fee or
other consideration
and
b) is not held in trust by You or in Your
custody or control for the purposes of
work being carried out on such property
Extension G - Data Protection Act
We will indemnify You in respect of liability
arising under the Data Protection Act 1998 to
pay compensation for damages or distress
Provided that
a) the process of registration under the
above Act has been commenced or
completed by You and the application has
not been refused or withdrawn
b) no liability arises as a result of the
provision by You of the services of a
Data Processor
We shall not be liable in respect of
a) the recording or provision of data for
reward or for determining the financial
status of any person
b) any liability which arises as a result of a
deliberate act or omission by You and
which could reasonably have been
expected by You having regard to the
nature and circumstances of such act
or omission
Our total liability including all costs and
expenses shall not exceed £250,000 during
any one Period of Insurance
For the purposes of this extension the
phrases or words Data Processor and Data
shall carry the same meaning as defined
under the Data Protection Act 1998
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Extension H - Consumer
Protection Act and Food Safety Act
We will indemnify You and if You request any
director or partner of Yours or Persons
Employed in respect of legal costs and
expenses incurred with Our written consent
in the defence of any criminal proceedings
brought or in an appeal against conviction
arising from such proceedings in respect of a
breach of Part II of the Consumer Protection
Act 1987 or of Part II of the Food Safety Act
1990 or of Part II of the Food Safety
(Northern Ireland) Order 1991
Provided that
a) the proceedings relate to an offence
alleged to have been committed during
the Period of Insurance and in the course
of Your Business
b) the indemnity will not apply
1) to fines or penalties of any kind
2) where indemnity is provided by any
other insurance
3) to proceedings consequent upon any
deliberate act or omission
Extension J - Bona-fide
Sub-Contractors
We agree to insure Your legal liability for work
carried out by bona-fide sub-contractors
working for You or on Your behalf provided that
We shall not be liable under this extension
i) unless prior to appointment You shall
check that bona-fide sub-contractors hold
a current Public Liability insurance
ii) in the event of a claim under this
extension You shall provide documentary
evidence of the Public Liability insurance
held by the bona-fide sub-contractor at the
time of his appointment to work for You
Subject otherwise to General Condition N
(Acceptance Criteria) & the terms
Exceptions & Conditions of this Policy
Extension K - Defective
Premises Act
We will indemnify You in respect of Injury or
loss of or damage to Property which You
may incur as owner by virtue of the
Defective Premises Act 1972 in connection
with any premises which have been
disposed of by You and which prior to
disposal were occupied by You in connection
with the Business
Provided that We shall not be liable for
a) any liability for which You are entitled
to indemnity under any other policy
of insurance
b) Injury or loss or damage happening prior
to such disposal
c) the cost of repairing replacing or
reinstating any defect giving rise to
such claim or for the rectification of
faulty workmanship
Venture Plus Policy
SECTION 1
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SECTION 1
Venture Plus Policy
Exceptions
We shall not be liable in respect of
1 Injury sustained by any Persons
Employed arising out of and in the course
of their employment by You
2 loss of or damage to Property owned
by You
3 loss or damage to Property which is
leased let rented hired or lent to You
4 Injury or loss of or damage to Property
arising from the ownership possession or
use by You or on Your behalf of any
a) locomotive aircraft watercraft
hovercraft or oil drilling platform or rig
b) mechanically propelled vehicles
or trailers attached thereto which
are licensed for road use or which
are compulsorily insurable under
any legislation governing the use
of vehicles
This exception shall not apply to
a) mechanical plant working as a tool of
trade on any site where You are
undertaking work or at Your premises
b) the loading or unloading of motor
vehicles or trailers
c) Extensions B and C
Provided that an indemnity is not provided
under any other policy of insurance
5 Loss of or damage to
a) Property comprising the permanent
or temporary works undertaken by
You in the course of any contract
or agreement and which is under
Your control or for which You
are responsible
b) Property which is held in trust by You
or held in Your custody or control or
any Persons Employed by You or any
party who is carrying out work on Your
behalf where such Property is held for
the purposes of
1) sales supply transport storage
erection installation fitting treatment
repair alteration testing or service
2) work being carried out at Your
normal place of business or that of
the party carrying out the work for
You or on Your behalf
6 Loss of or damage to or the cost of
removing reinstating replacing or
rectifying any Services Supplied other
than Services Supplied under a separate
previously completed contract
7 The cost of recalling altering or making
refunds in respect of Services Supplied
8 Advice design or specification provided
separately for a fee or under a
separate contract
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9 Pollution or Contamination other than
caused by a sudden identifiable
unintended and unexpected incident
which takes place in its entirety at a
specific time and place during the Period
of Insurance
All Pollution or Contamination which
arises out of one incident shall be
deemed to have occurred at the time
such incident takes place
Our liability for all compensation payable
in respect of all claims arising out of
Pollution or Contamination which is
deemed to have occurred during the
Period of Insurance shall not exceed the
Limit of Indemnity in the aggregate
For the purpose of this Exception
‘Pollution or Contamination' shall be
deemed to mean
a) all pollution or contamination of
buildings or other structures or of
water or land or the atmosphere
and
b) all loss or damage or Injury directly
or indirectly caused by such pollution
or contamination
10 Loss of or damage to Property where
liability is assumed under the terms of
Clause 21.2.1 of the JCT Conditions of
Contract or any subsequent alteration
revision or amendment or any like terms
under any Conditions of Contract
11 Any amount in respect of liquidated
damages or under penalty clauses
12 Legal liability arising out of
a) work in or on aircraft
b) work in or on airport or aerodrome
runways manoeuvring areas or
aprons or those parts of airports
or aerodromes to which aircraft
have access
Excess
We shall not be liable for the amount of each
and every claim specified as the Excess in
the Schedule
Discharge of Liability
We may at any time pay the Limit of
Indemnity (after deduction of any sum or
sums already paid) or any less amount for
which a claim or claims can be settled and
shall be under no further liability in respect
thereof except for the payment of Costs
and Expenses incurred prior to the date
of payment
Venture Plus Policy
SECTION 1
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SECTION 1
Venture Plus Policy
Fire Precautions Condition
It is a condition precedent to liability under
this Section that in respect of use away from
Your premises of blow lamps blow torches
flame guns hot air guns electric oxyacetylene
or other welding or cutting equipment and
angle grinders (in circumstances where
sparks are emitted) the undernoted
precautions will be complied with on
each occasion
Blow lamps blow torches flame guns and
hot air guns
i) the area in which work is to be carried out
to be examined and combustible property
within the vicinity of the work either
removed or as far as practicable covered
by non-combustible materials
ii) suitable fire extinguishing appliances to
be kept available for immediate use at the
point of work or as near as is practicable
iii) blow lamps blow torches and flame guns
not to be lighted until required for use and
extinguished immediately after use
iv) lighted blow lamps blow torches and
flame guns not to be left unattended
v) hot air guns to be switched off
when unattended
vi) upon completion of each period of work a
thorough fire safety check to be made of
the vicinity of the work The fire safety
check to be undertaken at regular
intervals for a period of at least one hour
after completion
Electric oxyacetylene or other welding or
cutting equipment and angle grinders
i) the area in which the work to be carried
out including adjoining shafts or openings
and the area on the other side of any wall
or partition to be inspected to see
whether any combustible property other
than the property to be worked upon is in
danger of ignition either directly or by
conduction of heat
ii) all combustible property to be removed
to a distance of not less than 6 metres
from the point of work and property
which cannot be moved to be covered
and fully protected by overlapping
sheets of non-combustible material or
equivalent protection
iii) You shall arrange for a person who is
competent in the use of fire extinguishing
appliances to work in conjunction with the
operative using the equipment to act as a
firewatcher and to remain in attendance
at all times until lighted flame equipment
is extinguished
iv) suitable fire extinguishing appliances to
be made available for immediate use at
the point of work
v) gas cylinders not in use to be kept
outside the building in which the work is
taking place where practicable but in any
event at least 15 metres from the point of
application of the heat
vi) upon completion of each period of work a
thorough fire safety check to be made of
all areas referred to in paragraph i) above
The fire safety check to be undertaken at
regular intervals for a period of at least
one hour after completion
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Venture Plus Policy
SECTION 2
Section 2 - Employers Liability
Cover
In the event of Injury caused to Persons
Employed within the Territorial Limits during
the Period of Insurance and in connection
with the Business We will indemnify You in
respect of all sums which You shall be
legally liable to pay as compensation for
such Injury arising out of such event
provided that We shall not be liable for
any amount exceeding the Limit of
Indemnity which shall be inclusive of Costs
and Expenses
Avoidance of Certain Terms and Right
of Recovery
The indemnity provided under this Section is
deemed to be in accordance with the
provisions of any law relating to the
compulsory insurance of liability to Persons
Employed in Great Britain Northern Ireland
the Isle of Man or the Channel Islands but
You shall repay to Us all sums paid by Us
which We would not have been liable to pay
but for the provisions of such law
World-wide
The indemnity granted by this Section
extends to include liability for Injury caused
to Persons Employed whilst temporarily
engaged in manual work outside the
Territorial Limits
Provided that
a) such Persons Employed are ordinarily
resident within Great Britain Northern
Ireland the Isle of Man or the
Channel Islands
b) We shall not be liable to indemnify You in
respect of any amount payable under
Workmen's Compensation Social Security
or Health insurance legislation
Exclusion of Motor Risk
The indemnity provided by this Section does
not apply to any legal liability in respect of
Injury to any Persons Employed sustained
when such Persons Employed are carried in
or on or entering to or alighting from a
vehicle in circumstances where compulsory
insurance or security is required under the
Road Traffic Act 1988 or any subsequent
legislation amending revising or replacing
such Act
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SECTION 2
Venture Plus Policy
Extension A - Health and Safety at
Work etc Act Legal Defence Costs
We will indemnify You and at Your request
any director or partner of Yours or Persons
Employed in respect of legal costs and
expenses incurred with Our written consent
and costs awarded against You or any
director or partner of Yours or Persons
Employed arising in connection with a
prosecution as a result of an alleged offence
under the Health and Safety at Work etc Act
1974 or similar safety legislation of Great
Britain Northern Ireland the Channel Islands
or the Isle of Man which arises in connection
with the Business and which occurs during
the Period of Insurance
We will also pay the costs incurred with Our
written consent in appealing against any
judgement given
Provided that
a) the indemnity granted hereunder does not
1) provide for the payments of fines
or penalties
2) apply to prosecutions which arise out
of any activity or risk excluded from
this Policy
3) apply to prosecutions consequent
upon any deliberate act or omission
4) apply to prosecutions which relate to
the health safety or welfare of any
persons other than Persons Employed
5) apply to prosecutions which relate to
the health safety or welfare of any
Persons Employed unless Section 2 is
operative at the time when the offence
was committed
b) the director partner or Persons Employed
shall be subject to the terms exceptions
and conditions of the Policy insofar as
they can apply
Extension B - Unsatisfied
Court Judgement
In the event of a judgement for damages
being obtained in the first instance under the
Jurisdiction of a Court in Great Britain
Northern Ireland the Channel Islands or the
Isle of Man by any Persons Employed or the
personal representatives of any Persons
Employed in respect of Injury arising out of
and in the course of his employment or
engagement by You which remains
unsatisfied in whole or in part six months
after the date of such judgement
at Your request We will pay to the Persons
Employed or the personal representatives of
the Persons Employed the amount of any
damages or awarded costs to the extent that
they remain unsatisfied
Provided that
a) there is no appeal outstanding
b) the judgement relates to Injury which
would otherwise be within the terms of
the Policy
c) any payment made by Us shall be only in
respect of liability for which You would
have been entitled to indemnity under
Section 2 of the Policy if the judgement
had been made against You
d) We shall be entitled to take over and
prosecute for Our own benefit any claim
against any other person and You the
Persons Employed or the personal
representatives of the Persons
Employed shall give all information and
assistance required
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Venture Plus Policy
SECTION 3
Section 3 - All Risks on Tools and Phones
Definitions
Tools and Phones
For the purpose of this Section the term
Tools and Phones shall mean hand tools
mobile phones and hand held portable power
tools belonging to or borrowed or leased by
any Insured Person
Sum Insured
Our liability for all claims arising under this
Section of the Policy from any one Insured
Person during any one Period of Insurance
shall not exceed the Sum Insured specified
in the Schedule
Excess
We shall not be liable for the amount stated
in the Schedule as the Excess
a) In respect of each and every loss or
damage by theft or attempted theft from
an unattended motor vehicle
b) In respect of every other loss or damage
Insured Person
For the purposes of this Section the term
Insured Person shall mean each of Your
directors, partners, principals or permanent
Persons Employed
Cover
In the event of Tools and Phones sustaining
loss or damage during the Period of
Insurance from any cause not otherwise
excluded occurring within or in transit
between Great Britain Northern Ireland the
Channel Islands and the Isle of Man or any
other country of the European Union We will
by payment and at Our option by
replacement or repair indemnify each
Insured Person as stated in the Schedule
Exceptions
We shall not be liable for
1 mechanical or electrical breakdown
or derangement
2 faulty or defective design materials or
workmanship gradual deterioration wear
and tear rust action of light or
atmospheric conditions
3 any process of cleaning repair
or restoration
4 confiscation nationalisation requisition
or wilful destruction by any
Government Public Municipal Local
or Customs Authority
5 unexplained disappearance or
inventory shortage
6 theft or attempted theft from any
unattended vehicles unless
a) all doors and windows and other
points of access have been closed
and locked and any security devices
correctly set to operate and all keys
to doors ignition and other
services removed
b) between the hours of 21.00 and 06.00
such vehicle is in a securely locked
building or guarded security park
7 theft or attempted theft by an Insured
Person or Persons Employed by You
8 loss or damage to Tools and Phones
whilst left unattended on any site or
premises where You are carrying out work
in connection with the Business unless
stored in a securely locked building when
not in use
9 the amount shown as the Excess in
the Schedule
10 directly or indirectly by or contributed to
by or arising from pressure waves caused
by aircraft and other aerial devices
travelling at sonic or supersonic speeds
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18
SECTION 4
Venture Plus Policy
Section 4 - Hired in Plant
Indemnity
We agree to indemnify You by payment or
at Our option by reinstatement or repair
in respect of loss of or damage to the
Property Insured
Property Insured
Constructional plant tools equipment site
huts or caravans hired in by You for use in
connection with Your Business whilst on the
site of any contract undertaken by You or in
transit by road rail or inland waterway whilst
at Your own premises or whilst in a securely
locked compound or store
Maximum Amount Payable
Our liability under this Section shall
not exceed the sum insured shown in
the Schedule
Reinstatement of Sum Insured
In the event of loss the sum insured by this
Section will be automatically reinstated from
the date of the loss unless written notice is
given to the contrary either by Us or by You
and You undertake to pay such necessary
premiums as may be required for such
reinstatement from that date
Immobilised Plant
This Section extends to include the payment
of necessary costs incurred in the recovery
of property described in the Schedule to this
Section which may become immobilised or
immovable whilst being used in connection
with any contract undertaken by You
Immobilisation or immovability due to
mechanical or electrical breakdown is
not insured
Continued Hiring Charges
Notwithstanding Exclusions 1 d) or 6 We will
insure You against legal liability in the terms
of any hire agreement or otherwise
a) to make good to the owner loss of or
damage to any plant hired in insured
hereby caused by its own breakdown or
its own explosion
b) to pay to the owner of any such plant
hired in hire charges incurred as a
consequence of and solely due to
i) physical loss of or damage to the
said plant
or
ii) breakdown of the said plant due to the
negligence misdirection or misuse by
You or anyone working on Your behalf
Provided that
a) such hire charges shall be calculated at
the appropriate idle time rate for the
period during which the plant is
necessarily idle due to such loss or
damage or breakdown not exceeding 90
days from the time thereof and excluding
the first 48 hours
b) the extension does not apply to the result
of any wilful act or wilful neglect by You
c) Our liability shall not exceed £20,000 in
respect of any one hire agreement
Subject otherwise to the terms and
exclusions of this Section and the General
Conditions of this Policy
Re-drawing Plans/Documents
We will reimburse costs and expenses
necessarily incurred in re-writing or re-
drawing plans drawings or other contract
documents following loss or damage thereto
up to a maximum amount any one claim of
£25,000
Please refer to the Exclusions to this Section
on Pages 23-25.
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19
Venture Plus Policy
SECTION 5
Section 5 - Own Plant
Indemnity
We agree to indemnify You by payment or at
Our option by reinstatement or repair in
respect of loss of or damage to the
Property Insured
Property Insured
Item 1 Own Plant
Constructional plant tools equipment site
huts or caravans belonging to You other than
Tools or Phones as defined under Section 3
for use in connection with Your Business
whilst on or adjacent to the site of any
contract undertaken by You or in transit by
road rail or inland waterway whilst at Your
own premises or whilst in a securely locked
compound or store
Item 2 Stock
Stock in trade other than described in Item 1
belonging to You whilst at Your own
premises or in a securely locked compound
or store within the Territorial Limits
Maximum Amount Payable
Our liability under this Section shall
not exceed the sum insured shown in
the Schedule
Reinstatement of Sum Insured
In the event of loss the sum insured by this
Section will be automatically reinstated from
the date of the loss unless written notice is
given to the contrary either by Us or by You
and You undertake to pay such necessary
premiums as may be required for such
reinstatement from that date
Immobilised Plant
This Section extends to include the payment
of necessary costs incurred in the recovery
of property described in the Schedule to this
Section which may become immobilised or
immovable whilst being used in connection
with any contract undertaken by You
Immobilisation or immovability due to
mechanical or electrical breakdown is
not insured
Personal Effects of
Persons Employed
The insurance by this Section is extended to
include personal effects of Persons
Employed (other than tools) for an amount
not exceeding £500 for any one person
whilst on the site of the Contract Works
Please refer to the Exclusions to this Section
on Pages 23-25.
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20
Section 6 - Contract Works
Indemnity
We agree to indemnify You by payment or
at Our option by reinstatement or repair in
respect of loss of or damage to the
Property Insured
Property Insured
The permanent or temporary works executed
in performance of any contract and materials
for use in connection therewith whilst on or
adjacent to the site of any contract or in
transit by road rail or inland waterway within
the Territorial Limits to the extent that You
are responsible under any contract
Debris Removal/Professional Costs
We will reimburse costs and expenses
necessarily incurred by You with Our
consent for
1 a) removing debris
b) dismantling and/or demolishing
c) shoring up propping and fencing off
d) clearing and/or repairing drains and
service mains on site
2 architects surveyors and consultants fees
in connection with the reinstatement of
the Property Insured consequent upon its
destruction or damage but not for
preparing any claim
Maximum Amount Payable
Our liability under this Section shall not
exceed the sum insured shown in the
Schedule plus the additional amount shown
in the Escalator Clause of the Extensions
Sub-Contractors
In respect of any contract awarded under the
JCT Standard Form of Building Contract
incorporating the 1986 Amendment to
Insurance and Related Liability Provisions
(or equivalent thereof) and insured under this
Section the following alterations to this
Section shall apply
In respect of loss or damage by any of the
Specified Perils defined in the contract it is
agreed that so far as is required by the said
contract We will not pursue any rights of
subrogation against sub-contractors provided
that the sub-contractor shall