Exclusions

The Insurance Company shall not be liable

• To pay for product recall
• To pay for repair of product allegedly defective
• For products used in structure and controls of aircraft . Deliberate willful non compliance
• Pure financial loss such as loss of goodwill
• Arising out of fines ,penalties other punitive damages
• War and nuclear group of perils
• Damage to property belonging to you or held in trust by you
• Losses arising prior to retroactive date
• Arising out of deliberate disregard of insured's guidelines regarding use of product
• Injury to any person in contract or connected in employment with insured
• Claims for failure of product fulfilling use intended
• Products having left insured's premises prior to retroactive date

You Must Note

• All written communication received from the Collector be expeditiously brought to our attention and ny information required there in be furnished immediately
• No admission of liability be made without concurrence of insurance company
• Claims lodged after five years of their occurrence will not be entertained
• The company can ask for turnover records and other claim related documents
• Proportion payable in case of other insurance policies existing
• Non disclosure or misdescription would prejudice your claim

Documents required for settlement of claims:

• Claim form, Award passed by the district collector
• Summons, writ petitions, Police report if any
• Any other Information required by the Insurance Company.