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Insurance Pump ICICI Policy 310521

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ICICI Lombard General Insurance Company LTD

ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,


Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

CONTRACTOR'S PLANT & MACHINERY INSURANCE POLICY


SCHEDULE
Engg 05
Policy No: 5005/222313802/00/000(TRUE COPY) Issued at Mumbai
A) Name of Insured: INNOVATIVE ENGINEERS
B) Hypothecation Details: As per Annexure "C"
C) Mailing Address of the Insured: B-6, Pooja Apartment, Opp Jain Derasar, Nehrunagar Circle
Ambawadi, Ahmedabad

Ahmedabad
Gujarat Pin- 380015
D) Intermediary Details: Agency Code1: 2470377
Agency Name: ICICI BANK LTD
Agent's mobile no.: 9727771217
Agent's E-mail ID : ratrjan@gmail.com
E) Specification of Insured Items and Locations of Operation: As per Annexure "A"
F) Period of Insurance: From: 17/06/2021 Time: 00:00 Hours
To Midnight of 16/06/2022

Premium Details:

Premium Break Up (Rs.) Premium (Rs.)


*Total Premium (Rs.) 5,324.16
*Premium value mentioned above is inclusive of taxes applicable
G) Total Sum Insured (Rs.) 2,714,000.00

H) Normal Excess: As per Annexure "B"

I) Additional Covers:
Sr. No. Endorsement Description Limit of Indemnity (Rs.)
1 Earthquake Cover 2,714,000.00
2 TPL Cover 271,400.00
J) Clauses :
(i) Subject to Endorsement CPM 3 - Third Party Liability attached herewith.
(ii) Subject to Agreed Bank clause attached herewith.
(iii) Subject to Endorsement CPM 9 - Earthquake attached herewith.
(iv) Subject to Endorsement for Terrorism exclusion attached herewith.
K) Warranties :
(i) Warranted that loss or damage due to abandonment of any plant and/or machinery working underground mines and tunnels shall be
excluded from the cover.
(ii) Warranted that all plants and equipments are operated & maintained in accordance with manufacturers specifications.
(iii) It is warranted that oil should not be leaking from any of the equipment.
(iv) Warranted that all operators of the insured machinery must be licensed to operate such machinery in accordance with local statutory
requirements and in areas where there is no such statutory requirement, the operator must have successfully completed the insureds
training scheme and have sufficient practical experience.

L) Condition :
(i) Communicable Disease Exclusion Endorsement (Part 2 of 2).
(ii) Equipments will not be covered for losses arising out of RSMD and Naxal attacks while working for location at chhattisgarh and North
East India..
(iii) Equipment will not be covered for losses while working in the underground mines & underground operations, tunnels, off-shore
activity, equipment working for oil rigs, equipment working for Hydro projects & river Basin..
(iv) Loss or damage due to abandonment of any plant and/or machinery working in underground mines or tunnels shall be excluded
from the cover..
(v) Policy shall stand canceled ab intio in the event of non-realization of the premium.
(vi) This policy does not cover pay loaders on barges..
(vii) Tunnel Boring Machines will not be covered under the policy.
(viii) Communicable Disease Exclusion Endorsement (Part 1 of 2).
Policy shall stand cancelled ab-intio in the event of non-realisation of the premium
Subject otherwise to terms and conditions of Contractor's Plant & Machinery Insurance Policy
In witness whereof the undersigned acting on behalf and under the Authority of the Insurer that hereunder set his hand at Mumbai on this
date

Authorized Signatory
ICICI Lombard General Insurance
Company Ltd.
In witness whereof the undersigned acting on behalf and under the Authority of the Insurer that hereunder set his hand at Mumbai on this
date

ICICI Lombard General Insurance Company LTD


ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025
Authorized Signatory
ICICI Lombard General Insurance
Company Ltd.

The stamp duty of Re. 0.50 /- paid in cash or by demand draft or by pay order, vide reciept/challan no. CSD262021165121 dated
05/05/2021

Annexure "A"
Forming Part & Parcel of Policy No: 5005/222313802/00/000(TRUE COPY)
Insured Name: INNOVATIVE ENGINEERS
Specification of Insured Items:

1. Locations of Operation Address: SHREYPATH INFRASTRUCTURE PVT LTD, RAMAA SKYZ, NR DUMAD CHEKC POST, VEMALI,
VADODARA,.,391740,GUJARAT,PANCHMAHAL
Other
Description of Items
Year of Sum than AOG
Sr.No. (Type,Manufacturer, Serial No. Make Model
Manufacture Insured (Rs) AOG Perils
Capacity)
Perils
PUTZMEISTER
MACHINE STATIONARY CONCRETE PUMP
Concrete Pumping CONCRETE Normal Normal
1 SERIAL NO MODEL BSA 1407 D RMC WITH 2021 2,714,000.00
plant MACHINES PVT Excess Excess
214307187 STANDARD ACCESSORIES
LTD
TOTAL SUM INSURED (Rs.) 2,714,000.00
FINAL SUM INSURED (Rs.) 2,714,000.00

Forming Part & Parcel of Policy No: 5005/222313802/00/000(TRUE COPY) Annexure "B"
Insured Name: INNOVATIVE ENGINEERS
Normal Excess for all Machinery under Group I,II,III,IV, including cranes above 10 tons capacity under Group III
Value of equipments For claims arising out of AOG perils For claims arising out of perils other than
AOG
Individual value upto Rs.1 lakh. 10 % of S.I. Subject to a minimum of Rs. 2 % of S.I. subject to minimum of Rs. 1,500/-
5,000/-
Individual value over Rs. 1 lakh and upto Rs. 5 5 % of S.I. Subject to a minimum of 1.5 % of S.I. subject to minimum of Rs.2,000/-
lakh. Rs.10,000/-
Individual value over Rs. 5 lakh and upto Rs.10 3 % of S.I. subject to a minimum of Rs. 1.25 % of S.I. subject to minimum of Rs. 7,500/-
lakhs. 25,000/-
Individual value over Rs. 10 lakhs upto Rs. 25 2 % of S.I. subject to a minimum of Rs. 1.00 % of S.I. subject to minimum of Rs.
lakhs 30,000/- 12,500/-
Individual value over Rs. 25 lakhs upto Rs. 50 1 % of S.I. Subject to a minimum of Rs. 1 % of S.I. Subject to a minimum of Rs. 50,000/-
lakhs 50,000/-
Individual value over Rs. 50 lakhs 1 % of S.I. Subject to a minimum of Rs. 1 % of S.I. Subject to a minimum of Rs. 50,000/-
50,000/-
Boom Section- 20 % of claim amount subject to minimum of Rs. 25, 000/-
For Machinery under Group V- Rs.2,500/- Flat Excess

Annexure "C"
Forming Part & Parcel of Policy No: 5005/222313802/00/000(TRUE COPY)
Insured Name: INNOVATIVE ENGINEERS
Hypothecation Details:
Sr.No. Name of the Financer
1) KOTAK MAHINDRA BANK LTD
Policy No. 5005/222313802/00/000(TRUE COPY)
CPM 3 THIRD PARTY LIABILITY (TPL)
In consideration of the payment of the additional premium it is hereby agreed and declared that notwithstanding anything to the contrary
stated in this policy, the Company will indemnify the Insured:
a) against legal liability for the accidental loss or damage caused to the property of other persons.
b) against legal liability (liability under contract excepted) for fatal or non-fatal injury to any persons other than the Insured or his
own employees or employees of the owner of the works/site/premises/location or employees of the other firms/connected with
any other work site/premises/location or members of the family of the Insured or any of the aforesaid.
EXCLUSIONS UNDER THE TPL EXTENSION
The Company will not indemnify the Insured, under this extension in respect of:
a) The first amount of policy excess of each claim for any one occurrence related to property damage.
b) Expenditure incurred in doing or redoing or making good or repairing or replacing any thing covered or coverable under the
Policy.
c) Liability consequent upon
i) bodily injury to or illness of employees/workmen/members of the families of the Insured or of the owners of the
works/site/premises/location or of any other firm/ contractors connected with any other work at the works/ site /premises/
location.
ii) loss of or damage to property belonging to or held in trust by or under custody of the owner of the works/ site/ premises/ location
of any other firms/ contractors or an employee/workmen/family members of any of the aforesaid.
iii) any accident caused by vehicles licensed for general road or by waterborne vessels or used aircraft.
iv) any agreement by the Insured to pay any sum by way of indemnity or otherwise unless such liability would have attached also in
ICICI Lombard General Insurance
Company Ltd.

ICICI Lombard General Insurance Company LTD


The stamp duty of Re. 0.50 /- paid in cash or by demand draft or by pay order, vide reciept/challan no. CSD262021165121 dated
ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,
05/05/2021 Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

Annexure "A"
Forming Part & Parcel of Policy No: 5005/222313802/00/000(TRUE COPY)
Insured Name: INNOVATIVE ENGINEERS
Specification of Insured Items:

1. Locations of Operation Address: SHREYPATH INFRASTRUCTURE PVT LTD, RAMAA SKYZ, NR DUMAD CHEKC POST, VEMALI,
VADODARA,.,391740,GUJARAT,PANCHMAHAL
Other
Description of Items
Year of Sum than AOG
Sr.No. (Type,Manufacturer, Serial No. Make Model
Manufacture Insured (Rs) AOG Perils
Capacity)
Perils
PUTZMEISTER
MACHINE STATIONARY CONCRETE PUMP
Concrete Pumping CONCRETE Normal Normal
1 SERIAL NO MODEL BSA 1407 D RMC WITH 2021 2,714,000.00
plant MACHINES PVT Excess Excess
214307187 STANDARD ACCESSORIES
LTD
TOTAL SUM INSURED (Rs.) 2,714,000.00
FINAL SUM INSURED (Rs.) 2,714,000.00

Forming Part & Parcel of Policy No: 5005/222313802/00/000(TRUE COPY) Annexure "B"
Insured Name: INNOVATIVE ENGINEERS
Normal Excess for all Machinery under Group I,II,III,IV, including cranes above 10 tons capacity under Group III
Value of equipments For claims arising out of AOG perils For claims arising out of perils other than
AOG
Individual value upto Rs.1 lakh. 10 % of S.I. Subject to a minimum of Rs. 2 % of S.I. subject to minimum of Rs. 1,500/-
5,000/-
Individual value over Rs. 1 lakh and upto Rs. 5 5 % of S.I. Subject to a minimum of 1.5 % of S.I. subject to minimum of Rs.2,000/-
lakh. Rs.10,000/-
Individual value over Rs. 5 lakh and upto Rs.10 3 % of S.I. subject to a minimum of Rs. 1.25 % of S.I. subject to minimum of Rs. 7,500/-
lakhs. 25,000/-
Individual value over Rs. 10 lakhs upto Rs. 25 2 % of S.I. subject to a minimum of Rs. 1.00 % of S.I. subject to minimum of Rs.
lakhs 30,000/- 12,500/-
Individual value over Rs. 25 lakhs upto Rs. 50 1 % of S.I. Subject to a minimum of Rs. 1 % of S.I. Subject to a minimum of Rs. 50,000/-
lakhs 50,000/-
Individual value over Rs. 50 lakhs 1 % of S.I. Subject to a minimum of Rs. 1 % of S.I. Subject to a minimum of Rs. 50,000/-
50,000/-
Boom Section- 20 % of claim amount subject to minimum of Rs. 25, 000/-
For Machinery under Group V- Rs.2,500/- Flat Excess

Annexure "C"
Forming Part & Parcel of Policy No: 5005/222313802/00/000(TRUE COPY)
Insured Name: INNOVATIVE ENGINEERS
Hypothecation Details:
Sr.No. Name of the Financer
1) KOTAK MAHINDRA BANK LTD
Policy No. 5005/222313802/00/000(TRUE COPY)
CPM 3 THIRD PARTY LIABILITY (TPL)
In consideration of the payment of the additional premium it is hereby agreed and declared that notwithstanding anything to the contrary
stated in this policy, the Company will indemnify the Insured:
a) against legal liability for the accidental loss or damage caused to the property of other persons.
b) against legal liability (liability under contract excepted) for fatal or non-fatal injury to any persons other than the Insured or his
own employees or employees of the owner of the works/site/premises/location or employees of the other firms/connected with
any other work site/premises/location or members of the family of the Insured or any of the aforesaid.
EXCLUSIONS UNDER THE TPL EXTENSION
The Company will not indemnify the Insured, under this extension in respect of:
a) The first amount of policy excess of each claim for any one occurrence related to property damage.
b) Expenditure incurred in doing or redoing or making good or repairing or replacing any thing covered or coverable under the
Policy.
c) Liability consequent upon
i) bodily injury to or illness of employees/workmen/members of the families of the Insured or of the owners of the
works/site/premises/location or of any other firm/ contractors connected with any other work at the works/ site /premises/
location.
ii) loss of or damage to property belonging to or held in trust by or under custody of the owner of the works/ site/ premises/ location
of any other firms/ contractors or an employee/workmen/family members of any of the aforesaid.
iii) any accident caused by vehicles licensed for general road or by waterborne vessels or used aircraft.
iv) any agreement by the Insured to pay any sum by way of indemnity or otherwise unless such liability would have attached also in
the absence of such agreement.
THIRD PARTY LIABILITY (TPL)
CONDITIONS APPLYING TO TPL EXTENSION
a) No admission, offer, promise, payment of indemnity shall be made or given by or on behalf of the Insured without written consent
of the Company, who shall be entitled, if they so desire, to take over and conduct in the name of the Insured the defence or
settlement of any claim or to prosecute for their own benefit in the name of the Insured any claim or to prosecute for their own
benefit in the name of the Insured any claim for indemnity or damage or otherwise and shall have full discretion in the conduct of
ICICI Lombard General Insurance
Company Ltd.

The stamp duty of Re. 0.50 /- paid in cash or by demand draft or by pay order, vide reciept/challan no. CSD262021165121 datedCompany LTD
ICICI Lombard General Insurance
ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,
05/05/2021 Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

Annexure "A"
Forming Part & Parcel of Policy No: 5005/222313802/00/000(TRUE COPY)
Insured Name: INNOVATIVE ENGINEERS
Specification of Insured Items:

1. Locations of Operation Address: SHREYPATH INFRASTRUCTURE PVT LTD, RAMAA SKYZ, NR DUMAD CHEKC POST, VEMALI,
VADODARA,.,391740,GUJARAT,PANCHMAHAL
Other
Description of Items
Year of Sum than AOG
Sr.No. (Type,Manufacturer, Serial No. Make Model
Manufacture Insured (Rs) AOG Perils
Capacity)
Perils
PUTZMEISTER
MACHINE STATIONARY CONCRETE PUMP
Concrete Pumping CONCRETE Normal Normal
1 SERIAL NO MODEL BSA 1407 D RMC WITH 2021 2,714,000.00
plant MACHINES PVT Excess Excess
214307187 STANDARD ACCESSORIES
LTD
TOTAL SUM INSURED (Rs.) 2,714,000.00
FINAL SUM INSURED (Rs.) 2,714,000.00

Forming Part & Parcel of Policy No: 5005/222313802/00/000(TRUE COPY) Annexure "B"
Insured Name: INNOVATIVE ENGINEERS
Normal Excess for all Machinery under Group I,II,III,IV, including cranes above 10 tons capacity under Group III
Value of equipments For claims arising out of AOG perils For claims arising out of perils other than
AOG
Individual value upto Rs.1 lakh. 10 % of S.I. Subject to a minimum of Rs. 2 % of S.I. subject to minimum of Rs. 1,500/-
5,000/-
Individual value over Rs. 1 lakh and upto Rs. 5 5 % of S.I. Subject to a minimum of 1.5 % of S.I. subject to minimum of Rs.2,000/-
lakh. Rs.10,000/-
Individual value over Rs. 5 lakh and upto Rs.10 3 % of S.I. subject to a minimum of Rs. 1.25 % of S.I. subject to minimum of Rs. 7,500/-
lakhs. 25,000/-
Individual value over Rs. 10 lakhs upto Rs. 25 2 % of S.I. subject to a minimum of Rs. 1.00 % of S.I. subject to minimum of Rs.
lakhs 30,000/- 12,500/-
Individual value over Rs. 25 lakhs upto Rs. 50 1 % of S.I. Subject to a minimum of Rs. 1 % of S.I. Subject to a minimum of Rs. 50,000/-
lakhs 50,000/-
Individual value over Rs. 50 lakhs 1 % of S.I. Subject to a minimum of Rs. 1 % of S.I. Subject to a minimum of Rs. 50,000/-
50,000/-
Boom Section- 20 % of claim amount subject to minimum of Rs. 25, 000/-
For Machinery under Group V- Rs.2,500/- Flat Excess

Annexure "C"
Forming Part & Parcel of Policy No: 5005/222313802/00/000(TRUE COPY)
Insured Name: INNOVATIVE ENGINEERS
Hypothecation Details:
Sr.No. Name of the Financer
1) KOTAK MAHINDRA BANK LTD
Policy No. 5005/222313802/00/000(TRUE COPY)
CPM 3 THIRD PARTY LIABILITY (TPL)
In consideration of the payment of the additional premium it is hereby agreed and declared that notwithstanding anything to the contrary
stated in this policy, the Company will indemnify the Insured:
a) against legal liability for the accidental loss or damage caused to the property of other persons.
b) against legal liability (liability under contract excepted) for fatal or non-fatal injury to any persons other than the Insured or his
own employees or employees of the owner of the works/site/premises/location or employees of the other firms/connected with
any other work site/premises/location or members of the family of the Insured or any of the aforesaid.
EXCLUSIONS UNDER THE TPL EXTENSION
The Company will not indemnify the Insured, under this extension in respect of:
a) The first amount of policy excess of each claim for any one occurrence related to property damage.
b) Expenditure incurred in doing or redoing or making good or repairing or replacing any thing covered or coverable under the
Policy.
c) Liability consequent upon
i) bodily injury to or illness of employees/workmen/members of the families of the Insured or of the owners of the
works/site/premises/location or of any other firm/ contractors connected with any other work at the works/ site /premises/
location.
ii) loss of or damage to property belonging to or held in trust by or under custody of the owner of the works/ site/ premises/ location
of any other firms/ contractors or an employee/workmen/family members of any of the aforesaid.
iii) any accident caused by vehicles licensed for general road or by waterborne vessels or used aircraft.
iv) any agreement by the Insured to pay any sum by way of indemnity or otherwise unless such liability would have attached also in
the absence of such agreement.
THIRD PARTY LIABILITY (TPL)
CONDITIONS APPLYING TO TPL EXTENSION
a) No admission, offer, promise, payment of indemnity shall be made or given by or on behalf of the Insured without written consent
of the Company, who shall be entitled, if they so desire, to take over and conduct in the name of the Insured the defence or
settlement of any claim or to prosecute for their own benefit in the name of the Insured any claim or to prosecute for their own
benefit in the name of the Insured any claim for indemnity or damage or otherwise and shall have full discretion in the conduct of
lakhs 30,000/- 12,500/-
Individual value over Rs. 25 lakhs upto Rs. 50 1 % of S.I. Subject to a minimum of Rs. 1 % of S.I. Subject to a minimum of Rs. 50,000/-
lakhs 50,000/-
Individual value over Rs. 50 lakhs 1 % of S.I. Subject to a minimum of Rs. 1 % of S.I. Subject to a minimum of Rs. 50,000/-
50,000/-
Boom Section- 20 % of claim amount subject to minimum of Rs. 25, 000/- ICICI Lombard General Insurance Company LTD
For Machinery under Group V- Rs.2,500/- Flat Excess ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

Annexure "C"
Forming Part & Parcel of Policy No: 5005/222313802/00/000(TRUE COPY)
Insured Name: INNOVATIVE ENGINEERS
Hypothecation Details:
Sr.No. Name of the Financer
1) KOTAK MAHINDRA BANK LTD
Policy No. 5005/222313802/00/000(TRUE COPY)
CPM 3 THIRD PARTY LIABILITY (TPL)
In consideration of the payment of the additional premium it is hereby agreed and declared that notwithstanding anything to the contrary
stated in this policy, the Company will indemnify the Insured:
a) against legal liability for the accidental loss or damage caused to the property of other persons.
b) against legal liability (liability under contract excepted) for fatal or non-fatal injury to any persons other than the Insured or his
own employees or employees of the owner of the works/site/premises/location or employees of the other firms/connected with
any other work site/premises/location or members of the family of the Insured or any of the aforesaid.
EXCLUSIONS UNDER THE TPL EXTENSION
The Company will not indemnify the Insured, under this extension in respect of:
a) The first amount of policy excess of each claim for any one occurrence related to property damage.
b) Expenditure incurred in doing or redoing or making good or repairing or replacing any thing covered or coverable under the
Policy.
c) Liability consequent upon
i) bodily injury to or illness of employees/workmen/members of the families of the Insured or of the owners of the
works/site/premises/location or of any other firm/ contractors connected with any other work at the works/ site /premises/
location.
ii) loss of or damage to property belonging to or held in trust by or under custody of the owner of the works/ site/ premises/ location
of any other firms/ contractors or an employee/workmen/family members of any of the aforesaid.
iii) any accident caused by vehicles licensed for general road or by waterborne vessels or used aircraft.
iv) any agreement by the Insured to pay any sum by way of indemnity or otherwise unless such liability would have attached also in
the absence of such agreement.
THIRD PARTY LIABILITY (TPL)
CONDITIONS APPLYING TO TPL EXTENSION
a) No admission, offer, promise, payment of indemnity shall be made or given by or on behalf of the Insured without written consent
of the Company, who shall be entitled, if they so desire, to take over and conduct in the name of the Insured the defence or
settlement of any claim or to prosecute for their own benefit in the name of the Insured any claim or to prosecute for their own
benefit in the name of the Insured any claim for indemnity or damage or otherwise and shall have full discretion in the conduct of
any proceeding or in the settlement of any claim and the Insured shall give all such information and assistance as the Company
may require.
b) The Company may, so far as any accident is concerned, pay to the Insured the limit of indemnity for any one accident/for any one
period, after deducting therefrom in such case of any sum/s already paid as compensation in respect thereof or any lesser sum for
which the claim or claims arising out of such accident can be settled and the Company shall thereafter be under no further liability
in respect of such accident under this section.

Policy No. 5005/222313802/00/000(TRUE COPY)


CPM 9 EARTHQUAKE INCLUSION
In consideration of the payment by the Insured to the Company of the additional premium, it is hereby agreed and declared that
notwithstanding anything stated in the printed exclusions of this policy to the contrary, this Insurance is extended to cover loss or
damage (including loss or damage by fire) to any of the property Insured by this policy occasioned by or through or in consequence of
earthquake including flood or overflow of the sea, lakes, reservoirs and rivers and/or Landslide / Rockslide resulting therefrom.

Policy No. 5005/222313802/00/000(TRUE COPY)


CPM 11 Terrorism Damage Exclusion Warranty
Notwithstanding any provision to the contrary within this insurance it is agreed that this insurance excludes loss, damage cost or expense
of whatsoever nature directly or indirectly caused by, resulting from or in connection with any act of terrorism regardless of any other
cause or event contributing concurrently or in any other sequence to the loss.
For the purpose of this warranty an act of terrorism means an act, including but not limited to the use of force or violence and /or the
threat thereof, of any person or group(s) of persons whether acting alone or on behalf of or in connection with any organisation(s) or
government(s) committed for political, religious, ideological or similar purpose including the intention to influence any government
and/or to put the public, or any section of the public in fear.
The warranty also excludes loss, damage, cost or expenses of whatsoever nature directly or indirectly caused by, resulting from or in
connection with any action taken in controlling, preventing, suppressing or to in any way relating to action taken in respect of an act of
terrorism.
If the Company alleges that by reason of this exclusion, any loss, damage, cost or expenses is not covered by this insurance the burden of
proving the contrary shall be upon the Assured.

Sanction Limitation and Exclusion Clause


No (Re) Insurer Shall be deemed to provide cover and no (Re) insurer shall be liable to pay any claim and provide any benefit hereunder to
the extent that the provision of such cover, payment of such claim or provision of such benefit would expose that (Re) Insurer to any
Annexure "C"
Forming Part & Parcel of Policy No: 5005/222313802/00/000(TRUE COPY)
Insured Name: INNOVATIVE ENGINEERS
Hypothecation Details:
ICICI Lombard General Insurance Company LTD
Sr.No. Name of the Financer ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,
1) KOTAK MAHINDRA BANK LTD Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

Policy No. 5005/222313802/00/000(TRUE COPY)


CPM 3 THIRD PARTY LIABILITY (TPL)
In consideration of the payment of the additional premium it is hereby agreed and declared that notwithstanding anything to the contrary
stated in this policy, the Company will indemnify the Insured:
a) against legal liability for the accidental loss or damage caused to the property of other persons.
b) against legal liability (liability under contract excepted) for fatal or non-fatal injury to any persons other than the Insured or his
own employees or employees of the owner of the works/site/premises/location or employees of the other firms/connected with
any other work site/premises/location or members of the family of the Insured or any of the aforesaid.
EXCLUSIONS UNDER THE TPL EXTENSION
The Company will not indemnify the Insured, under this extension in respect of:
a) The first amount of policy excess of each claim for any one occurrence related to property damage.
b) Expenditure incurred in doing or redoing or making good or repairing or replacing any thing covered or coverable under the
Policy.
c) Liability consequent upon
i) bodily injury to or illness of employees/workmen/members of the families of the Insured or of the owners of the
works/site/premises/location or of any other firm/ contractors connected with any other work at the works/ site /premises/
location.
ii) loss of or damage to property belonging to or held in trust by or under custody of the owner of the works/ site/ premises/ location
of any other firms/ contractors or an employee/workmen/family members of any of the aforesaid.
iii) any accident caused by vehicles licensed for general road or by waterborne vessels or used aircraft.
iv) any agreement by the Insured to pay any sum by way of indemnity or otherwise unless such liability would have attached also in
the absence of such agreement.
THIRD PARTY LIABILITY (TPL)
CONDITIONS APPLYING TO TPL EXTENSION
a) No admission, offer, promise, payment of indemnity shall be made or given by or on behalf of the Insured without written consent
of the Company, who shall be entitled, if they so desire, to take over and conduct in the name of the Insured the defence or
settlement of any claim or to prosecute for their own benefit in the name of the Insured any claim or to prosecute for their own
benefit in the name of the Insured any claim for indemnity or damage or otherwise and shall have full discretion in the conduct of
any proceeding or in the settlement of any claim and the Insured shall give all such information and assistance as the Company
may require.
b) The Company may, so far as any accident is concerned, pay to the Insured the limit of indemnity for any one accident/for any one
period, after deducting therefrom in such case of any sum/s already paid as compensation in respect thereof or any lesser sum for
which the claim or claims arising out of such accident can be settled and the Company shall thereafter be under no further liability
in respect of such accident under this section.

Policy No. 5005/222313802/00/000(TRUE COPY)


CPM 9 EARTHQUAKE INCLUSION
In consideration of the payment by the Insured to the Company of the additional premium, it is hereby agreed and declared that
notwithstanding anything stated in the printed exclusions of this policy to the contrary, this Insurance is extended to cover loss or
damage (including loss or damage by fire) to any of the property Insured by this policy occasioned by or through or in consequence of
earthquake including flood or overflow of the sea, lakes, reservoirs and rivers and/or Landslide / Rockslide resulting therefrom.

Policy No. 5005/222313802/00/000(TRUE COPY)


CPM 11 Terrorism Damage Exclusion Warranty
Notwithstanding any provision to the contrary within this insurance it is agreed that this insurance excludes loss, damage cost or expense
of whatsoever nature directly or indirectly caused by, resulting from or in connection with any act of terrorism regardless of any other
cause or event contributing concurrently or in any other sequence to the loss.
For the purpose of this warranty an act of terrorism means an act, including but not limited to the use of force or violence and /or the
threat thereof, of any person or group(s) of persons whether acting alone or on behalf of or in connection with any organisation(s) or
government(s) committed for political, religious, ideological or similar purpose including the intention to influence any government
and/or to put the public, or any section of the public in fear.
The warranty also excludes loss, damage, cost or expenses of whatsoever nature directly or indirectly caused by, resulting from or in
connection with any action taken in controlling, preventing, suppressing or to in any way relating to action taken in respect of an act of
terrorism.
If the Company alleges that by reason of this exclusion, any loss, damage, cost or expenses is not covered by this insurance the burden of
proving the contrary shall be upon the Assured.

Sanction Limitation and Exclusion Clause


No (Re) Insurer Shall be deemed to provide cover and no (Re) insurer shall be liable to pay any claim and provide any benefit hereunder to
the extent that the provision of such cover, payment of such claim or provision of such benefit would expose that (Re) Insurer to any
sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the
European Union, United Kingdom or United States of America.

CONTRACTOR'S PLANT & MACHINERY INSURANCE POLICY WORDING

Whereas the Insured named in the Schedule hereto by a proposal and declaration, which shall be the basis of this contract and is deemed
to be incorporated herein has applied to the ICICI Lombard General Insurance Company Limited (hereinafter called the Company) for the
settlement of any claim or to prosecute for their own benefit in the name of the Insured any claim or to prosecute for their own
benefit in the name of the Insured any claim for indemnity or damage or otherwise and shall have full discretion in the conduct of
any proceeding or in the settlement of any claim and the Insured shall give all such information and assistance as the Company
may require.
b) The Company may, so far as any accident is concerned, pay to the Insured the limit of indemnity for any one accident/for any one
period, after deducting therefrom in such case of any sum/s already paid as compensation in respect thereof or any lesser sum for
ICICI Lombard General Insurance Company LTD
which the claim or claims arising out of such accident can be settled and the Company shall thereafterICICIbe under
LOMBARD HOUSE, no 414, further liability
Veer Savarkar Marg,
in respect of such accident under this section. Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

Policy No. 5005/222313802/00/000(TRUE COPY)


CPM 9 EARTHQUAKE INCLUSION
In consideration of the payment by the Insured to the Company of the additional premium, it is hereby agreed and declared that
notwithstanding anything stated in the printed exclusions of this policy to the contrary, this Insurance is extended to cover loss or
damage (including loss or damage by fire) to any of the property Insured by this policy occasioned by or through or in consequence of
earthquake including flood or overflow of the sea, lakes, reservoirs and rivers and/or Landslide / Rockslide resulting therefrom.

Policy No. 5005/222313802/00/000(TRUE COPY)


CPM 11 Terrorism Damage Exclusion Warranty
Notwithstanding any provision to the contrary within this insurance it is agreed that this insurance excludes loss, damage cost or expense
of whatsoever nature directly or indirectly caused by, resulting from or in connection with any act of terrorism regardless of any other
cause or event contributing concurrently or in any other sequence to the loss.
For the purpose of this warranty an act of terrorism means an act, including but not limited to the use of force or violence and /or the
threat thereof, of any person or group(s) of persons whether acting alone or on behalf of or in connection with any organisation(s) or
government(s) committed for political, religious, ideological or similar purpose including the intention to influence any government
and/or to put the public, or any section of the public in fear.
The warranty also excludes loss, damage, cost or expenses of whatsoever nature directly or indirectly caused by, resulting from or in
connection with any action taken in controlling, preventing, suppressing or to in any way relating to action taken in respect of an act of
terrorism.
If the Company alleges that by reason of this exclusion, any loss, damage, cost or expenses is not covered by this insurance the burden of
proving the contrary shall be upon the Assured.

Sanction Limitation and Exclusion Clause


No (Re) Insurer Shall be deemed to provide cover and no (Re) insurer shall be liable to pay any claim and provide any benefit hereunder to
the extent that the provision of such cover, payment of such claim or provision of such benefit would expose that (Re) Insurer to any
sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the
European Union, United Kingdom or United States of America.

CONTRACTOR'S PLANT & MACHINERY INSURANCE POLICY WORDING

Whereas the Insured named in the Schedule hereto by a proposal and declaration, which shall be the basis of this contract and is deemed
to be incorporated herein has applied to the ICICI Lombard General Insurance Company Limited (hereinafter called the Company) for the
insurance hereinafter contained and has paid the premium as consideration for such Insurance in respect of accident or damage occurring
during the period of insurance stated in the Schedule or during any subsequent period for which the Insured pays and the Company may
accept the premium for the renewal of this Policy. Now this policy of insurance witnesseth

That subject to the terms, exceptions, exclusions, provisions and conditions contained herein or endorsed hereon, the Company will, at its
own option, by payment or reinstatement or repair indemnify the Insured against unforeseen and sudden physical loss or damage by any
cause not hereinafter excluded, to any insured Property specified in the attached Schedules whilst at the location mentioned therein
necessitating its immediate repair or replacement. This Policy shall apply insured items whether they are work rest being dismantled for
purpose of cleaning overhauling course aforesaid operations themselves when shifted within premises during subsequent re-erection but
case only after successful commissioning. liability Company one item property not exceed aggregate period insurance Sum set against
such Schedules. However sum under can be reinstated after occurrence of a claim for balance period.

EXCEPTIONS

The company shall not be liable under this policy in respect of


a) the Excess stated in the Schedule to be borne by the Insured in any one occurrence; if more thanone item is lost or damaged in one
occurrence, the Insured shall not, however, be called upon to bear more than the highest single Excess applicable to such items;
b) loss or damage due to electrical or Mechanical breakdown, failure, breakage or derangement, freezing of coolant or other fluid,
defective lubrication or lack of oil or coolant, but if as a consequence of such breakdown or derangement, an accident occurs causing
external damage, such consequential damage will be indemnifiable.
c) loss of or damage to replaceable parts and attachment such as bits, drills, knives or other cutting edges, saw blades, dies, moulds,
patterns, pulverizing and crushing surfaces, screens and sieves, ropes, belts, chains, elevator and conveyor bands, batteries, tyres,
connecting wire and cables, flexible pipes, joining and packing material regularly replaced;
d) loss or damage due to explosion of any boiler or pressure vessel subject to internal steam or fluid pressure or of any internal
combustion engine;
e) loss of or damage to vehicles designed and licensed for general road use unless these vehicles are exclusively used on construction
site;
f) loss of or damage to hull and machinery of waterborne vessels or craft; however this exclusion shall not apply to Contractors' Plant
and Machinery mounted on water borne vessels or crafts for the purpose of use for contract work.
g) loss or damage due to total or partial immersion in tidal waters;
h) loss or damage whilst in transit, from one location to another location. (Public Liability will not be payable while Contractors' Plant
Machinery's are on Public Roads);
Policy No. 5005/222313802/00/000(TRUE COPY)
CPM 9 EARTHQUAKE INCLUSION
In consideration of the payment by the Insured to the Company of the additional premium, it is hereby agreed and declared that
notwithstanding anything stated in the printed exclusions of this policy to the contrary, this Insurance isICICIextended to cover loss or
Lombard General Insurance Company LTD
damage (including loss or damage by fire) to any of the property Insured by this policy occasioned by or through or in
ICICI LOMBARD HOUSE, 414, consequence
Veer Savarkar Marg, of
earthquake including flood or overflow of the sea, lakes, reservoirs and rivers and/or Landslide / Rockslide resulting therefrom.
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

Policy No. 5005/222313802/00/000(TRUE COPY)


CPM 11 Terrorism Damage Exclusion Warranty
Notwithstanding any provision to the contrary within this insurance it is agreed that this insurance excludes loss, damage cost or expense
of whatsoever nature directly or indirectly caused by, resulting from or in connection with any act of terrorism regardless of any other
cause or event contributing concurrently or in any other sequence to the loss.
For the purpose of this warranty an act of terrorism means an act, including but not limited to the use of force or violence and /or the
threat thereof, of any person or group(s) of persons whether acting alone or on behalf of or in connection with any organisation(s) or
government(s) committed for political, religious, ideological or similar purpose including the intention to influence any government
and/or to put the public, or any section of the public in fear.
The warranty also excludes loss, damage, cost or expenses of whatsoever nature directly or indirectly caused by, resulting from or in
connection with any action taken in controlling, preventing, suppressing or to in any way relating to action taken in respect of an act of
terrorism.
If the Company alleges that by reason of this exclusion, any loss, damage, cost or expenses is not covered by this insurance the burden of
proving the contrary shall be upon the Assured.

Sanction Limitation and Exclusion Clause


No (Re) Insurer Shall be deemed to provide cover and no (Re) insurer shall be liable to pay any claim and provide any benefit hereunder to
the extent that the provision of such cover, payment of such claim or provision of such benefit would expose that (Re) Insurer to any
sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the
European Union, United Kingdom or United States of America.

CONTRACTOR'S PLANT & MACHINERY INSURANCE POLICY WORDING

Whereas the Insured named in the Schedule hereto by a proposal and declaration, which shall be the basis of this contract and is deemed
to be incorporated herein has applied to the ICICI Lombard General Insurance Company Limited (hereinafter called the Company) for the
insurance hereinafter contained and has paid the premium as consideration for such Insurance in respect of accident or damage occurring
during the period of insurance stated in the Schedule or during any subsequent period for which the Insured pays and the Company may
accept the premium for the renewal of this Policy. Now this policy of insurance witnesseth

That subject to the terms, exceptions, exclusions, provisions and conditions contained herein or endorsed hereon, the Company will, at its
own option, by payment or reinstatement or repair indemnify the Insured against unforeseen and sudden physical loss or damage by any
cause not hereinafter excluded, to any insured Property specified in the attached Schedules whilst at the location mentioned therein
necessitating its immediate repair or replacement. This Policy shall apply insured items whether they are work rest being dismantled for
purpose of cleaning overhauling course aforesaid operations themselves when shifted within premises during subsequent re-erection but
case only after successful commissioning. liability Company one item property not exceed aggregate period insurance Sum set against
such Schedules. However sum under can be reinstated after occurrence of a claim for balance period.

EXCEPTIONS

The company shall not be liable under this policy in respect of


a) the Excess stated in the Schedule to be borne by the Insured in any one occurrence; if more thanone item is lost or damaged in one
occurrence, the Insured shall not, however, be called upon to bear more than the highest single Excess applicable to such items;
b) loss or damage due to electrical or Mechanical breakdown, failure, breakage or derangement, freezing of coolant or other fluid,
defective lubrication or lack of oil or coolant, but if as a consequence of such breakdown or derangement, an accident occurs causing
external damage, such consequential damage will be indemnifiable.
c) loss of or damage to replaceable parts and attachment such as bits, drills, knives or other cutting edges, saw blades, dies, moulds,
patterns, pulverizing and crushing surfaces, screens and sieves, ropes, belts, chains, elevator and conveyor bands, batteries, tyres,
connecting wire and cables, flexible pipes, joining and packing material regularly replaced;
d) loss or damage due to explosion of any boiler or pressure vessel subject to internal steam or fluid pressure or of any internal
combustion engine;
e) loss of or damage to vehicles designed and licensed for general road use unless these vehicles are exclusively used on construction
site;
f) loss of or damage to hull and machinery of waterborne vessels or craft; however this exclusion shall not apply to Contractors' Plant
and Machinery mounted on water borne vessels or crafts for the purpose of use for contract work.
g) loss or damage due to total or partial immersion in tidal waters;
h) loss or damage whilst in transit, from one location to another location. (Public Liability will not be payable while Contractors' Plant
Machinery's are on Public Roads);
i) loss or damage as a direct consequence of the continual influence of operation (e.g. wear and tear, corrosion, rust, deterioration due
to lack of use and normal atmospheric conditions);
j) loss or damage occurring whilst any insured item is under- going a test of any kind or is being used in any manner or for any purpose
other than that for which it was designed;
k) loss of or damage to plant and/or machinery working underground. Note: This does not apply to Machinery's used in Tunneling
works.
and/or to put the public, or any section of the public in fear.
The warranty also excludes loss, damage, cost or expenses of whatsoever nature directly or indirectly caused by, resulting from or in
connection with any action taken in controlling, preventing, suppressing or to in any way relating to action taken in respect of an act of
terrorism.
If the Company alleges that by reason of this exclusion, any loss, damage, cost or expenses is not covered by this insurance the burden of
proving the contrary shall be upon the Assured. ICICI Lombard General Insurance Company LTD
ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

Sanction Limitation and Exclusion Clause


No (Re) Insurer Shall be deemed to provide cover and no (Re) insurer shall be liable to pay any claim and provide any benefit hereunder to
the extent that the provision of such cover, payment of such claim or provision of such benefit would expose that (Re) Insurer to any
sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the
European Union, United Kingdom or United States of America.

CONTRACTOR'S PLANT & MACHINERY INSURANCE POLICY WORDING

Whereas the Insured named in the Schedule hereto by a proposal and declaration, which shall be the basis of this contract and is deemed
to be incorporated herein has applied to the ICICI Lombard General Insurance Company Limited (hereinafter called the Company) for the
insurance hereinafter contained and has paid the premium as consideration for such Insurance in respect of accident or damage occurring
during the period of insurance stated in the Schedule or during any subsequent period for which the Insured pays and the Company may
accept the premium for the renewal of this Policy. Now this policy of insurance witnesseth

That subject to the terms, exceptions, exclusions, provisions and conditions contained herein or endorsed hereon, the Company will, at its
own option, by payment or reinstatement or repair indemnify the Insured against unforeseen and sudden physical loss or damage by any
cause not hereinafter excluded, to any insured Property specified in the attached Schedules whilst at the location mentioned therein
necessitating its immediate repair or replacement. This Policy shall apply insured items whether they are work rest being dismantled for
purpose of cleaning overhauling course aforesaid operations themselves when shifted within premises during subsequent re-erection but
case only after successful commissioning. liability Company one item property not exceed aggregate period insurance Sum set against
such Schedules. However sum under can be reinstated after occurrence of a claim for balance period.

EXCEPTIONS

The company shall not be liable under this policy in respect of


a) the Excess stated in the Schedule to be borne by the Insured in any one occurrence; if more thanone item is lost or damaged in one
occurrence, the Insured shall not, however, be called upon to bear more than the highest single Excess applicable to such items;
b) loss or damage due to electrical or Mechanical breakdown, failure, breakage or derangement, freezing of coolant or other fluid,
defective lubrication or lack of oil or coolant, but if as a consequence of such breakdown or derangement, an accident occurs causing
external damage, such consequential damage will be indemnifiable.
c) loss of or damage to replaceable parts and attachment such as bits, drills, knives or other cutting edges, saw blades, dies, moulds,
patterns, pulverizing and crushing surfaces, screens and sieves, ropes, belts, chains, elevator and conveyor bands, batteries, tyres,
connecting wire and cables, flexible pipes, joining and packing material regularly replaced;
d) loss or damage due to explosion of any boiler or pressure vessel subject to internal steam or fluid pressure or of any internal
combustion engine;
e) loss of or damage to vehicles designed and licensed for general road use unless these vehicles are exclusively used on construction
site;
f) loss of or damage to hull and machinery of waterborne vessels or craft; however this exclusion shall not apply to Contractors' Plant
and Machinery mounted on water borne vessels or crafts for the purpose of use for contract work.
g) loss or damage due to total or partial immersion in tidal waters;
h) loss or damage whilst in transit, from one location to another location. (Public Liability will not be payable while Contractors' Plant
Machinery's are on Public Roads);
i) loss or damage as a direct consequence of the continual influence of operation (e.g. wear and tear, corrosion, rust, deterioration due
to lack of use and normal atmospheric conditions);
j) loss or damage occurring whilst any insured item is under- going a test of any kind or is being used in any manner or for any purpose
other than that for which it was designed;
k) loss of or damage to plant and/or machinery working underground. Note: This does not apply to Machinery's used in Tunneling
works.

l) war, invasion, act of foreign enemy, hostilities or war like operation (whether war be declared or not), Civil War, Rebellion, Revolution,
Insurrection, Mutiny, Civil Commotion, Military or usurped power, martial law, conspiracy, confiscation, commandeering a group of
malicious persons acting on behalf of or in connection with any political organization, requisition or destruction or damage by order
of any government de jure or de facto or by any public, Municipal or Local Authority.
m) loss or damage directly or indirectly caused by, or arising out of, or aggravated by nuclear reaction, nuclear radiation or radioactive
contamination

n) loss or damage due to any faults or defects existing at the time of commencement of this Policy within the knowledge of the Insured
or his representatives, whether such faults or defects were known to the Company or not;
o) loss or damage directly or indirectly caused by, or arising out of or aggravated by the wilful act or wilful negligence of the Insured or
his representatives.
p) loss or damage for which the supplier or manufacturer is responsible either by law or under contract;
q) consequential loss or liability of any kind or description;
r) loss or damage discovered only at the time of taking an inventory or during routine servicing.
In any action, suit or other proceeding where the Company alleges that by reason of the provisions of exclusions (m) to (q) above, any
loss, destruction or damage is not covered by this Policy, the onus of proving that such loss, destruction or damage is covered shall
Sanction Limitation and Exclusion Clause
No (Re) Insurer Shall be deemed to provide cover and no (Re) insurer shall be liable to pay any claim and provide any benefit hereunder to
the extent that the provision of such cover, payment of such claim or provision of such benefit would expose that
ICICI Lombard (Re)
General Insurer
Insurance Company LTD to any
sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, ICICIlaws
LOMBARD or regulations
HOUSE, 414, Veer Savarkar Marg,of the
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025
European Union, United Kingdom or United States of America.

CONTRACTOR'S PLANT & MACHINERY INSURANCE POLICY WORDING

Whereas the Insured named in the Schedule hereto by a proposal and declaration, which shall be the basis of this contract and is deemed
to be incorporated herein has applied to the ICICI Lombard General Insurance Company Limited (hereinafter called the Company) for the
insurance hereinafter contained and has paid the premium as consideration for such Insurance in respect of accident or damage occurring
during the period of insurance stated in the Schedule or during any subsequent period for which the Insured pays and the Company may
accept the premium for the renewal of this Policy. Now this policy of insurance witnesseth

That subject to the terms, exceptions, exclusions, provisions and conditions contained herein or endorsed hereon, the Company will, at its
own option, by payment or reinstatement or repair indemnify the Insured against unforeseen and sudden physical loss or damage by any
cause not hereinafter excluded, to any insured Property specified in the attached Schedules whilst at the location mentioned therein
necessitating its immediate repair or replacement. This Policy shall apply insured items whether they are work rest being dismantled for
purpose of cleaning overhauling course aforesaid operations themselves when shifted within premises during subsequent re-erection but
case only after successful commissioning. liability Company one item property not exceed aggregate period insurance Sum set against
such Schedules. However sum under can be reinstated after occurrence of a claim for balance period.

EXCEPTIONS

The company shall not be liable under this policy in respect of


a) the Excess stated in the Schedule to be borne by the Insured in any one occurrence; if more thanone item is lost or damaged in one
occurrence, the Insured shall not, however, be called upon to bear more than the highest single Excess applicable to such items;
b) loss or damage due to electrical or Mechanical breakdown, failure, breakage or derangement, freezing of coolant or other fluid,
defective lubrication or lack of oil or coolant, but if as a consequence of such breakdown or derangement, an accident occurs causing
external damage, such consequential damage will be indemnifiable.
c) loss of or damage to replaceable parts and attachment such as bits, drills, knives or other cutting edges, saw blades, dies, moulds,
patterns, pulverizing and crushing surfaces, screens and sieves, ropes, belts, chains, elevator and conveyor bands, batteries, tyres,
connecting wire and cables, flexible pipes, joining and packing material regularly replaced;
d) loss or damage due to explosion of any boiler or pressure vessel subject to internal steam or fluid pressure or of any internal
combustion engine;
e) loss of or damage to vehicles designed and licensed for general road use unless these vehicles are exclusively used on construction
site;
f) loss of or damage to hull and machinery of waterborne vessels or craft; however this exclusion shall not apply to Contractors' Plant
and Machinery mounted on water borne vessels or crafts for the purpose of use for contract work.
g) loss or damage due to total or partial immersion in tidal waters;
h) loss or damage whilst in transit, from one location to another location. (Public Liability will not be payable while Contractors' Plant
Machinery's are on Public Roads);
i) loss or damage as a direct consequence of the continual influence of operation (e.g. wear and tear, corrosion, rust, deterioration due
to lack of use and normal atmospheric conditions);
j) loss or damage occurring whilst any insured item is under- going a test of any kind or is being used in any manner or for any purpose
other than that for which it was designed;
k) loss of or damage to plant and/or machinery working underground. Note: This does not apply to Machinery's used in Tunneling
works.

l) war, invasion, act of foreign enemy, hostilities or war like operation (whether war be declared or not), Civil War, Rebellion, Revolution,
Insurrection, Mutiny, Civil Commotion, Military or usurped power, martial law, conspiracy, confiscation, commandeering a group of
malicious persons acting on behalf of or in connection with any political organization, requisition or destruction or damage by order
of any government de jure or de facto or by any public, Municipal or Local Authority.
m) loss or damage directly or indirectly caused by, or arising out of, or aggravated by nuclear reaction, nuclear radiation or radioactive
contamination

n) loss or damage due to any faults or defects existing at the time of commencement of this Policy within the knowledge of the Insured
or his representatives, whether such faults or defects were known to the Company or not;
o) loss or damage directly or indirectly caused by, or arising out of or aggravated by the wilful act or wilful negligence of the Insured or
his representatives.
p) loss or damage for which the supplier or manufacturer is responsible either by law or under contract;
q) consequential loss or liability of any kind or description;
r) loss or damage discovered only at the time of taking an inventory or during routine servicing.
In any action, suit or other proceeding where the Company alleges that by reason of the provisions of exclusions (m) to (q) above, any
loss, destruction or damage is not covered by this Policy, the onus of proving that such loss, destruction or damage is covered shall
be upon the Insured.

PROVISIONS
1. SUM INSURED
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
property of the same kind and same capacity, which shall mean its replacement cost including freight, dues and customs duties, if
i) loss or damage as a direct consequence of the continual influence of operation (e.g. wear and tear, corrosion, rust, deterioration due
to lack of use and normal atmospheric conditions);
j) loss or damage occurring whilst any insured item is under- going a test of any kind or is being used in any manner or for any purpose
other than that for which it was designed;
k) loss of or damage to plant and/or machinery working underground. Note: This does not apply to Machinery's
ICICI Lombard Generalused in Tunneling
Insurance Company LTD
works. ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

l) war, invasion, act of foreign enemy, hostilities or war like operation (whether war be declared or not), Civil War, Rebellion, Revolution,
Insurrection, Mutiny, Civil Commotion, Military or usurped power, martial law, conspiracy, confiscation, commandeering a group of
malicious persons acting on behalf of or in connection with any political organization, requisition or destruction or damage by order
of any government de jure or de facto or by any public, Municipal or Local Authority.
m) loss or damage directly or indirectly caused by, or arising out of, or aggravated by nuclear reaction, nuclear radiation or radioactive
contamination

n) loss or damage due to any faults or defects existing at the time of commencement of this Policy within the knowledge of the Insured
or his representatives, whether such faults or defects were known to the Company or not;
o) loss or damage directly or indirectly caused by, or arising out of or aggravated by the wilful act or wilful negligence of the Insured or
his representatives.
p) loss or damage for which the supplier or manufacturer is responsible either by law or under contract;
q) consequential loss or liability of any kind or description;
r) loss or damage discovered only at the time of taking an inventory or during routine servicing.
In any action, suit or other proceeding where the Company alleges that by reason of the provisions of exclusions (m) to (q) above, any
loss, destruction or damage is not covered by this Policy, the onus of proving that such loss, destruction or damage is covered shall
be upon the Insured.

PROVISIONS
1. SUM INSURED
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
property of the same kind and same capacity, which shall mean its replacement cost including freight, dues and customs duties, if
any, and erection costs.
2. BASIS OF INDEMNITY
a) In cases where damage to an insured item can be repaired, the Company will pay expenses necessarily incurred to restore the
damaged machine to its condition immediately prior to the accident/loss plus the cost of dismantling and re-erection incurred for
the purpose of effecting the repairs as well as ordinary freight to and from a repair-shop, customs duties and dues if any, to the
extent such expenses have been included in the Sum Insured. If the repairs are executed at a workshop owned by the Insured, the
Company will pay the cost of materials and wages incurred for the purpose of the repairs plus a reasonable percentage to cover
overhead charges.No deduction shall be made for depreciation in respect of parts replaced, except those with limited life, but the
value of any salvage will be taken into account. If the cost of repairs as detailed herein above equals or exceeds the actual value of
the machinery insured immediately before the occurrence of the damage, the settlement shall be made on the basis provided for in
(b) below.
b) In cases where an insured item is totally destroyed, the Company will pay the actual value of the item immediately before the
occurrence of the loss, including costs for ordinary freight, erection and customs duties if any, provided such expenses have been
included in the sum insured, such actual value to be calculated by deducting proper depreciation from the replacement value of
the item. The Company will also pay any normal charges for dismantling of the machinery destroyed but the salvage shall be taken
into account.
Any extra charges incurred for overtime, night-work, work on public holiday, express freight, are covered by this insurance only if
especially agreed to in writing. In the event of the Makers' drawing, patterns and core boxes necessary for the execution of a repair,
not being available, the Company shall not be liable for the cost of making any such drawing, patterns and core boxes. The cost of
any alteration, improvements or overhauls shall not be recoverable under this Policy. 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-1. herein above, the Company will pay only in such
proportion
as the sum insured bears to the amount required to be insured. Every item, if more than one, shall be subject to this condition
separately.

The Company will make payments only after being satisfied, with the necessary bills and documents, that the repairs have been
effected or replacements have taken place, as the case may be. The Company may, however, not insist for bills and documents in
case of total loss where the Insured is unable to replace the damage equipment for reasons beyond their control. In such a
case,claims can be settled on 'Indemnity Basis".
3. CONDITIONS
a) This Policy and the attached Schedule(s) shall be read together as one contract and any words and expressions to which specific
meanings have been attached in any part of this. Policy or of the attached Schedule(s) shall bear the same meaning wherever they
may appear.
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
devices are used by the Insured or any one acting on his behalf to obtain any benefit under this Policy, or if a claim is made and
rejected and no action or suit is commenced within three months after such rejection or in case of arbitration taking place as
provided therein, within three months after the arbitrator or arbitrators or umpire have made their award, all benefits under this
Policy shall be forfeited.
c) No admission, offer, promise, payment or indemnity shall be 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 take over and conduct in the name of the Insured the defence or
settlement of any claim for indemnity or damage or otherwise and shall have full discretion in the conduct of any proceeding or in
the settlement of any claim and the Insured shall give all such information and assistance as the Company may require.
d) The due observance and fulfillment of the terms, provisions and conditions of and endorsement on this Policy in so far as they
relate to anything to be done or complied with by the Insured and the truth of the statements and answers in the said proposal shall
be conditions precedent to any liability of the Company to make any payment under this Policy.
4. MISCELLANEOUS
The insured shall:
a) take all practicable steps including in the case of machinery lost or stolen or willfully damaged, the giving of immediate notice to
any alteration, improvements or overhauls shall not be recoverable under this Policy. 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-1. herein above, the Company will pay only in such
proportion
as the sum insured bears to the amount required to be insured. Every item, if more than one, shall ICICI beLombard
subject to this
General Insurance condition
Company LTD
separately. ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

The Company will make payments only after being satisfied, with the necessary bills and documents, that the repairs have been
effected or replacements have taken place, as the case may be. The Company may, however, not insist for bills and documents in
case of total loss where the Insured is unable to replace the damage equipment for reasons beyond their control. In such a
case,claims can be settled on 'Indemnity Basis".
3. CONDITIONS
a) This Policy and the attached Schedule(s) shall be read together as one contract and any words and expressions to which specific
meanings have been attached in any part of this. Policy or of the attached Schedule(s) shall bear the same meaning wherever they
may appear.
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
devices are used by the Insured or any one acting on his behalf to obtain any benefit under this Policy, or if a claim is made and
rejected and no action or suit is commenced within three months after such rejection or in case of arbitration taking place as
provided therein, within three months after the arbitrator or arbitrators or umpire have made their award, all benefits under this
Policy shall be forfeited.
c) No admission, offer, promise, payment or indemnity shall be 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 take over and conduct in the name of the Insured the defence or
settlement of any claim for indemnity or damage or otherwise and shall have full discretion in the conduct of any proceeding or in
the settlement of any claim and the Insured shall give all such information and assistance as the Company may require.
d) The due observance and fulfillment of the terms, provisions and conditions of and endorsement on this Policy in so far as they
relate to anything to be done or complied with by the Insured and the truth of the statements and answers in the said proposal shall
be conditions precedent to any liability of the Company to make any payment under this Policy.
4. MISCELLANEOUS
The insured shall:
a) take all practicable steps including in the case of machinery lost or stolen or willfully damaged, the giving of immediate notice to
the Police to recover any property lost or stolen and in the case of theft or willful damage to discover the guilty person or persons.
b) produce or give access to any property alleged to be damaged and the Insured shall be bound to satisfy the Company by such
reasonable evidence as the Company may require that the loss, destruction or damage in respect of which a claim is made has
actually arisen from one of the risks insured.
5. OBLIGATIONS OF THE INSURED
a) The Insured shall take all reasonable steps to maintain the insured property in efficient working order and to ensure that no item is
habitually or intentionally overloaded. The Insured shall fully observe the manufacturer's instructions for operating, inspection and
overhaul, as well as government, statutory, municipal and all other binding regulations in force concerning the operation and
maintenance of the insured plant and machinery;
b) The Company's officials and/or their representatives shall at all reasonable times have the right to inspect and examine any
property insured hereunder and the Insured shall provide the officials of the Company with all details and information necessary
for the assessment of the risk.
c) In the event of any:

(i) material change in the original risk,


(ii) alteration, modification or addition to an insured item,
(iii) departure from prescribed operating condition, whereby the risk of loss or damage increases.
(iv) change in the Insured's interest (such as discontinuation or liquidation of the business or being placed in receivership) taking
place, the Policy shall be void unless its continuance be agreed by endorsement signed by the Company.

6. DUTIES FOLLOWING AN ACCIDENT


In the event of any occurrence which might give rise to a claim under this Policy the Insured shall
a) immediately notify the Company by telephone or telegram as well as in writing, giving an indication as to the nature and extent
of loss or damage.
b) take all reasonable steps within his power to minimise the extent of the loss or damage or liability;
c) preserve the damaged or defective parts and make them available for inspection by an official or surveyor of the Company;
d) furnish all such information and documentary evidence as the Company may require.
The Company shall not be liable for any loss or damage of which no notice and completed claim form have been received by the
Company within Fourteen days of its occurrence.

Upon notification of a claim being given to the Company, the Insured may proceed with the repair of any minor damage not
exceeding Rs.7,500/- provided that the carrying out of such repairs is without prejudice to any question of liability of the Company
and that any damaged part requiring replacement is kept for inspection by the Company; but in all other cases a representative of
the Company shall have the opportunity of inspecting the damage before any alterations, repairs or replacements are effected.
Nothing contained herein shall prevent the Insured from taking such
steps as are absolutely necessary to maintain the operation of the plant.
The liability of the Company under this Policy in respect of any item of property sustaining damage,for which indemnity is
provided, shall cease if the said item is kept in operation without being repaired to the satisfaction of the Company.
7. OTHER INSURANCES
If, at the time any claim arises under this Policy, there is any other insurance covering the same loss, damage or liability, the
Company shall not be liable to pay or contribute more then its rateable proportion of such loss, damage or liability.
8. POSITION AFTER A CLAIM
a) The Insured shall not be entitled to abandon any property to the Company whether taken possession of, by the Company or not.

b) As from the day of the loss, the Sum Insured for remainder of the period of insurance is reduced by the amount of the
compensation. To prevent under insurance during the remainder of the period of insurance, the amount insured must be
reinstated. The premium will be calculated pro-rata from the day the repaired item is again put to work. For subsequent periods of
insurance, the original indemnity and premium are again in force unless circumstances justify an alteration.
9. TRANSFER OF INTEREST
c) In the event of any:

(i) material change in the original risk,


(ii) alteration, modification or addition to an insured item,
(iii) departure from prescribed operating condition, whereby the risk of loss or damage increases.
(iv) change in the Insured's interest (such as discontinuation or liquidation of the business or being placed
ICICI Lombardin receivership)
General Insurance Company LTD taking
place, the Policy shall be void unless its continuance be agreed by endorsement signed by the Company. ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

6. DUTIES FOLLOWING AN ACCIDENT


In the event of any occurrence which might give rise to a claim under this Policy the Insured shall
a) immediately notify the Company by telephone or telegram as well as in writing, giving an indication as to the nature and extent
of loss or damage.
b) take all reasonable steps within his power to minimise the extent of the loss or damage or liability;
c) preserve the damaged or defective parts and make them available for inspection by an official or surveyor of the Company;
d) furnish all such information and documentary evidence as the Company may require.
The Company shall not be liable for any loss or damage of which no notice and completed claim form have been received by the
Company within Fourteen days of its occurrence.

Upon notification of a claim being given to the Company, the Insured may proceed with the repair of any minor damage not
exceeding Rs.7,500/- provided that the carrying out of such repairs is without prejudice to any question of liability of the Company
and that any damaged part requiring replacement is kept for inspection by the Company; but in all other cases a representative of
the Company shall have the opportunity of inspecting the damage before any alterations, repairs or replacements are effected.
Nothing contained herein shall prevent the Insured from taking such
steps as are absolutely necessary to maintain the operation of the plant.
The liability of the Company under this Policy in respect of any item of property sustaining damage,for which indemnity is
provided, shall cease if the said item is kept in operation without being repaired to the satisfaction of the Company.
7. OTHER INSURANCES
If, at the time any claim arises under this Policy, there is any other insurance covering the same loss, damage or liability, the
Company shall not be liable to pay or contribute more then its rateable proportion of such loss, damage or liability.
8. POSITION AFTER A CLAIM
a) The Insured shall not be entitled to abandon any property to the Company whether taken possession of, by the Company or not.

b) As from the day of the loss, the Sum Insured for remainder of the period of insurance is reduced by the amount of the
compensation. To prevent under insurance during the remainder of the period of insurance, the amount insured must be
reinstated. The premium will be calculated pro-rata from the day the repaired item is again put to work. For subsequent periods of
insurance, the original indemnity and premium are again in force unless circumstances justify an alteration.
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, by 15 days notice to that effect being given to the Insured, in which case, the Company
shall be liable to repay on demand a rateable proportion of the premium for the unexpired term from the date of the cancellation.
11. RECOURSE
The Insured shall, at the expense of the Company, do and concur in doing and permit to be done, all such acts and things as may
be necessary or required by the Company, in endorsing any right or remedies or of obtaining relief or indemnity from parties
(other than those insured under this Policy) to which the Company shall be or would become entitled or subrogated upon their
paying for or making good of any loss or damage under this Policy, whether such acts and things shall be or become necessary or
required before or after the Insured's indemnification by the Company.

12. ARBITRATION
If any difference shall arise as to the quantum to be paid under this Policy, (liability being otherwise admitted), such difference shall,
independently
of all other questions, be referred to the decision of a sole arbitrator, to be appointed in writing by the parties to or if they cannot
agree upon a single arbitrator within 30 days of any party invoking arbitration, the same shall be referred to a panel of three
arbitrators, comprising of two
arbitrators, one to be appointed by each of the parties to the dispute/difference and the third arbitrator to be appointed by such
two arbitrators and arbitration shall be conducted under and in accordance with the provisions of The Arbitration and Conciliation
Act, 1996.

It is clearly agreed and understood that no difference or dispute shall be referable to arbitration as herein before provided, if the
Company has disputed or not accepted liability under or in respect of this Policy.
It is hereby expressly stipulated and declared that it shall be a condition precedent to any right of action or suit upon this Policy that
the award by such arbitrator/arbitrators of the amount of the loss or damage shall be first obtained.
13. GRIEVANCE CLAUSE
In case you are aggrieved in any way, You should do the following
i. For resolution of any query or grievance, Insured may contact the respective branch office of The Company or may call us at
toll free no. 1800 2666 or email us at customersupport@icicilombard.com or write to us at

Grievance Redressal Officer


ICICI Lombard General Insurance Company Ltd.
ICICI Lombard House, 414, Veer Savarkar Marg,
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai- 400025.

ii. If you are not satisfied with the resolution provided, you may approach us at the sub section "Grievance Redressal" on our
website www.icicilombard.com (Customer Support section).
shall be liable to repay on demand a rateable proportion of the premium for the unexpired term from the date of the cancellation.
11. RECOURSE
The Insured shall, at the expense of the Company, do and concur in doing and permit to be done, all such acts and things as may
be necessary or required by the Company, in endorsing any right or remedies or of obtaining relief or indemnity from parties
(other than those insured under this Policy) to which the Company shall be or would become entitled or subrogated upon their
paying for or making good of any loss or damage under this Policy, whether such acts and things shallICICIbe or General
Lombard become necessary
Insurance Company LTD or
required before or after the Insured's indemnification by the Company. ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

12. ARBITRATION
If any difference shall arise as to the quantum to be paid under this Policy, (liability being otherwise admitted), such difference shall,
independently
of all other questions, be referred to the decision of a sole arbitrator, to be appointed in writing by the parties to or if they cannot
agree upon a single arbitrator within 30 days of any party invoking arbitration, the same shall be referred to a panel of three
arbitrators, comprising of two
arbitrators, one to be appointed by each of the parties to the dispute/difference and the third arbitrator to be appointed by such
two arbitrators and arbitration shall be conducted under and in accordance with the provisions of The Arbitration and Conciliation
Act, 1996.

It is clearly agreed and understood that no difference or dispute shall be referable to arbitration as herein before provided, if the
Company has disputed or not accepted liability under or in respect of this Policy.
It is hereby expressly stipulated and declared that it shall be a condition precedent to any right of action or suit upon this Policy that
the award by such arbitrator/arbitrators of the amount of the loss or damage shall be first obtained.
13. GRIEVANCE CLAUSE
In case you are aggrieved in any way, You should do the following
i. For resolution of any query or grievance, Insured may contact the respective branch office of The Company or may call us at
toll free no. 1800 2666 or email us at customersupport@icicilombard.com or write to us at

Grievance Redressal Officer


ICICI Lombard General Insurance Company Ltd.
ICICI Lombard House, 414, Veer Savarkar Marg,
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai- 400025.

ii. If you are not satisfied with the resolution provided, you may approach us at the sub section "Grievance Redressal" on our
website www.icicilombard.com (Customer Support section).

iii. In case your complaint is not fully addressed by the insurer, you may use the Integrated Grievance Management System
(IGMS) for escalating the complaint to IRDA. Through IGMS you can register your complaint online and track its status. For
registration please visit IRDA website www.irda.gov.in. If the issue still remains unresolved, you may,subject to vested
jurisdiction, approach Insurance Ombudsman for the redressal of the grievance.

The details of Insurance Ombudsman are available below:-


Sr. No Name of office of insurance Ombudsman Territorial Area of jurisdiction
Ahmedabad: 2nd Floor, Ambika House, near C.U.
Shah college, Ashram road, Ahmedabad-380014
State of Gujarat and Union Territories of Dadra &
1 Tel No. 079-
Nagar Haveli and Daman and Diu.
27546840, 27545441 Fax No..079-27546412.
Email-bimalokpal.ahmedabad@gbic.co.in
Bengaluru: 19/19, Jeevan Soudha Building,
Ground Floor, 24th Main Road,
JP Nagar, 1st Phase,
2 State of Karnataka.
Bengaluru-560 078.
Tel.:- 080-26652048 / 26652049
Email:- bimalokpal.bengaluru@gbic.co.in
BHOPAL: Janak Vihar Complex, 2nd Floor, 6,
Malviya Nagar, Opp.Airtel Office,
Near New Market,
3 Bhopal-462 033. States of Madhya Pradesh and Chattisgarh.
Tel.:- 0755-2769200/201/202
Fax:- 0755-2769203
Email:- bimalokpalbhopal@gbic.co.in
BHUBANESHWAR: 62, Forest park,
Bhubaneswar-751 009.
4 Tel.:- 0674-2596461 / 2596455 State of Orissa.
Fax:- 0674-2596429
Email:- bimalokpal.bhubaneswar@gbic.co.in
CHANDIGARH: S.C.O. No. 101, 102 & 103, 2nd Floor,
Batra Building, Sector 17-D,
Chandigarh-160 017. States of Punjab, Haryana, Himachal Pradesh, Jammu
5
Tel.:- 0172-2706196/5861 / 2706468 & Kashmir and Union territory of Chandigarh.
Fax:- 0172-2708274
Email:- bimalokpal.chandigarh@gbic.co.in
CHENNAI: Fatima Akhtar Court,
4th Floor, 453 (old 312), Anna Salai,
Teynampet, State of Tamil Nadu and Union Territories -
6 CHENNAI-600 018. Pondicherry Town and Karaikal (which are part of
Tel.:- 044-24333668 / 24335284 Union Territory of Pondicherry).
Fax:- 044-24333664
Email:- bimalokpal.chennai@gbic.co.in
DELHI:
2/2 A, Universal Insurance Building,
Asaf Ali Road,
7 New Delhi-110 002. State of Delhi
Tel.:- 011-23239611/7539/7532
Fax:- 011-23230858
CHENNAI: Fatima Akhtar Court,
4th Floor, 453 (old 312), Anna Salai,
Teynampet, State of Tamil Nadu and Union Territories -
6 CHENNAI-600 018. Pondicherry Town and Karaikal (which are part of
Tel.:- 044-24333668 / 24335284 Union Territory of Pondicherry).
Fax:- 044-24333664
Email:- bimalokpal.chennai@gbic.co.in ICICI Lombard General Insurance Company LTD
ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,
DELHI:
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025
2/2 A, Universal Insurance Building,
Asaf Ali Road,
7 New Delhi-110 002. State of Delhi
Tel.:- 011-23239611/7539/7532
Fax:- 011-23230858
Email:- bimalokpal.delhi@gbic.co.in
ERNAKULAM: 2nd floor, Pulinat Building,
Opp. Cochin Shipyard,
States of Kerala and Union territory of
M.G. Road,
(a) Lakshadweep
8 Ernakulum - 682 015.
(b) Mahe-a part of Union territory of
Tel.:- 0484-2358759/2359338
Pondicherry
Fax:- 0484-2359336
Email:- bimalokpal.ernakulum@gbic.co.in
GUWAHATI: 'Jeevan Nivesh', 5th Floor,
Nr. Panbazar over bridge, S.S. Road,
Guwahati-781001(ASSAM). States of Assam, Meghalaya, Manipur, Mizoram,
9
Tel.:- 0361- 2132204 / 2132205 Arunachal Pradesh, Nagaland and Tripura.
Fax:- 0361-2732937
Email:- bimalokpal.guwahati@gbic.co.in
HYDERABAD: 6-2-46, 1st floor, "Moin Court"
Lane Opp. Saleem Function Palace,
A. C. Guards, Lakdi-Ka-Pool, States of Andhra Pradesh, Telangana and Union
10 Hyderabad - 500 004. Territory of Yanam - a part of the Union Territory
Tel.:- 040-65504123/23312122 of Pondicherry.
Fax:- 040-23376599
Email:- bimalokpal.hyderabad@gbic.co.in
JAIPUR:
Jeevan Nidhi-II Bldg.,
Ground Floor,
11 Bhawani Singh Marg, State of Rajasthan.
Jaipur - 302005.
Tel.:- 0141-2740363
Email:- bimalokpal.jaipur@gbic.co.in
KOLKATA:
Hindustan Building Annexe,
4th floor, 4, CR Avenue,
States of West Bengal, Bihar, Sikkim and Union
12 Kolkata - 700 072.
Territories of Andaman and Nicobar Islands.
Tel.:- 033-22124339 / 22124340
Fax:- 033-22124341
Email:- bimalokpal.kolkata@gbic.co.in
District of Uttar Pradesh:
LUCKNOW: Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot,
6th Floor, Jeevan Bhawan, Allahabad, Mirzapur, Sonbhabdra, Fatehpur,
Phase-II, Nawal Kishore Road, Pratapgarh, Jaunpur, Varansi, Gazipur, Jalaun, Kanpur,
Hazratganj, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich,
13
Lucknow-226 001. Barabanki, Raebareli, Sravasti, Gonda, Faizabad,
Tel.:- 0522-2231330 / 2231331 Amethi, Kaushambi, Balrampur, Basti,
Fax:- 0522-2231310. Ambedkarnagar, Sulanpur, Maharajganj,
Email:- bimalokpal.lucknow@gbic.co.in Santkabirnagar, Azamgarh, Kaushinagar, Gorkhpur,
Deoria, Mau, Chandauli, Ballia, Sidharathnagar.
MUMBAI:
3rd Floor, Jeevan Seva Annexe,
S. V. Road, Santacruz (W),
States of Goa, Mumbai Metropolitan Region excluding
14 Mumbai - 400 054.
Navi Mumbai & Thane.
Tel.:- 022-26106928/360/889
Fax:- 022-26106052
Email:- bimalokpal.mumbai@gbic.co.in
States of Uttaranchal and the following Districts of
Uttar Pradesh:. Agra, Aligarh, Bagpat, Bareilly, Bijnor,
NOIDA:
Budaun, Bulandshehar, Etah, Kanooj, Mainpuri,
Bhagwan Sahai Palace,
Mathura, Meerut, Moradabad, Muzaffarnagar,
4th Floor, Main Road,
15 Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozabad,
Naya Bans, Sector-15,
Gautam Budh Nagar, Ghaziabad, Hardoi,
Gautam Budh Nagar, Noida
Shahjahanpur, Hapur, Shamli, Rampur, Kashganj,
Email:- bimalokpal.noida@gbic.co.in
Sambhal, Amroha, Hathras, Kanshiramnagar,
Saharanpur.
PATNA:
Office of the Insurance Ombudsman,
1st Floor, Kalpana Arcade Building,
16 Bazar Samiti Road, States of Bihar and Jharkhand.
Bahadurpur,
Patna - 800 006.
Email:- bimalokpal.patna@gbic.co.in
PUNE:
Office of the Insurance Ombudsman,
Jeevan Darshan Building, 3rd Floor,
CTS Nos. 195 to 198, States of Maharashtra, Area of Navi Mumbai and
17
NC Kelkar Road, Narayan Peth, Thane excluding Mumbai Metropolitan Region.
Pune - 411 030
Tel: 020 -32341320
Email:- bimalokpal.pune@gbic.co.in

The updated details of Insurance Ombudsman are available on IRDA website:www.irdaindia.org, on the website of General
Insurance Council:www.generalinsurancecouncil.org.in, website of the Company www.icicilombard.com or from any of the
PUNE:
Office of the Insurance Ombudsman,
Jeevan Darshan Building, 3rd Floor,
CTS Nos. 195 to 198, States of Maharashtra, Area of Navi Mumbai and
17
NC Kelkar Road, Narayan Peth, Thane excluding Mumbai Metropolitan Region.
Pune - 411 030 ICICI Lombard General Insurance Company LTD
Tel: 020 -32341320 ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025
Email:- bimalokpal.pune@gbic.co.in

The updated details of Insurance Ombudsman are available on IRDA website:www.irdaindia.org, on the website of General
Insurance Council:www.generalinsurancecouncil.org.in, website of the Company www.icicilombard.com or from any of the
offices of the Company

Note - In case of renewal of the policy, policy benefit and terms & conditions of policy including premium may be subject to
change.

Communicable Disease Exclusion [Clause]

1.Notwithstanding any provision, clause or term of this [insurance Contract] to the contrary, this [insurance Contract] excludes any loss,
cost, damage, liability, claim, fines, penalty or expense or any other amount of whatsoever nature, whether directly or indirectly and/or in
whole or in part, related to, caused by, contributed to by, resulting from, as a result of, as a consequence of, attributable to, arising out of,
arising under, in connection with, or in any way involving (this includes all other terms commonly used and/or understood to reflect or
describe nexus and/or connection from one thing to another whether direct or indirect):
1.1 a Communicable Disease and/or the fear or threat (whether actual or perceived) of a Communicable Disease and/or the actual or
alleged transmission of a Communicable Disease regardless of any other cause or event contributing and/ or occurring concurrently
or in any sequence thereto, and
1.2 a pandemic or epidemic, as declared by the World Health Organisation or any governmental authority.
2.As used herein, Communicable Disease means: any infectious, contagious or communicable substance or agent and/or any infectious,
contagious or communicable disease which can be caused and/or transmitted by means of substance or agent where:
2.1 the disease includes, but is not limited an illness, sickness, condition or an interruption or disorder of body functions, systems or
organs, and
2.2 the substance or agent includes, but is not limited to, a virus, bacterium, parasite, other organism or other micro-organism (whether
asymptomatic or not); including any variation or mutation thereof, whether deemed living or not, and
2.3 the method of transmission, whether direct or indirect, includes but not limited to, airborne transmission, bodily fluid transmission,
transmission through contact with human fluids, waste or the like, transmission from or to any surface or object, solid, liquid or gas
or between organisms including between humans, animals, or from any animal to any human or from any human to any animal, and
2.4 the disease, substance or agent is such:
2.4.1 that causes or threatens damage or can cause or threaten damage to human health or human welfare, or
2.4.2 that causes or threatens damage to or can cause or threaten damage to, deterioration to, contamination of, loss of value of, loss
of marketability of or loss of use or usefulness of, tangible or intangible property.
For avoidance of doubt, Communicable Disease includes but is not limited to Coronavirus Disease 2019 (Covid -19) and any variation or
mutation thereof.
3.For further avoidance of doubt, any contingent or other business interruption loss, cost, damage, loss of income, loss of use, increased
cost of working and/or extra expense arising out of or attributable to:
3.1 any partial or complete closure of and/or slowdown in, including but not limited to any closure by or under the advisories of public,
military, government or civil authorities, or any denial of access to insured premises, or customer and or supplier premises (including
service / utility providers), or
3.2 change in consumer behaviour, or
3.3 an absence of infected employees or employees suspected of being infected shall not be covered by this [insurance Contract].
4.For still further avoidance of doubt, loss, cost, damage, liability, claim, fines, penalty or expense or any other amount excluded hereby,
includes but is not limited to any cost to identify, clean-up, detoxify, disinfect, decontaminate, mitigate, remove, evacuate, repair, replace,
monitor, sanitize or test: (1) for a Communicable Disease or (2) any tangible or intangible property covered by this [insurance Contract]
that is affected by such Communicable Disease.
5.It is clarified that (1) no other prior, concurrent or subsequent provision, clause, term or exception of this [insurance Contract] (including
(but not limited to) any prior, concurrent or subsequent endorsement and/or any provision, clause, term, buy back or exception that
operates, or is intended to operate, to extend the coverage of, or protections provided by, this [insurance Contract] by whatever name
called like any coverage extension, additional coverage, global extension, exception to any exclusion); (2) any change in the law, clause or
similar provision; (3) any follow the fortunes clause or similar provision; and/or (4) no change in the law or any regulation (to the extent
permitted by applicable law), shall operate to provide any insurance, coverage or protection under this [insurance Contract] that would
otherwise be excluded through the exclusion set forth in this [Endorsement][Clause].
6.If the [insurer] alleges that by reason of this [Endorsement][Clause] any amount is not covered by this [insurance Contract] the burden of
proving the contrary shall rest in the [insured].
The updated details of Insurance Ombudsman are available on IRDA website:www.irdaindia.org, on the website of General
Insurance Council:www.generalinsurancecouncil.org.in, website of the Company www.icicilombard.com or from any of the
offices of the Company

Note - In case of renewal of the policy, policy benefit and terms & conditions of policy including premium may be subject to
ICICI Lombard General Insurance Company LTD
change. ICICI LOMBARD HOUSE, 414, Veer Savarkar Marg,
Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

Communicable Disease Exclusion [Clause]

1.Notwithstanding any provision, clause or term of this [insurance Contract] to the contrary, this [insurance Contract] excludes any loss,
cost, damage, liability, claim, fines, penalty or expense or any other amount of whatsoever nature, whether directly or indirectly and/or in
whole or in part, related to, caused by, contributed to by, resulting from, as a result of, as a consequence of, attributable to, arising out of,
arising under, in connection with, or in any way involving (this includes all other terms commonly used and/or understood to reflect or
describe nexus and/or connection from one thing to another whether direct or indirect):
1.1 a Communicable Disease and/or the fear or threat (whether actual or perceived) of a Communicable Disease and/or the actual or
alleged transmission of a Communicable Disease regardless of any other cause or event contributing and/ or occurring concurrently
or in any sequence thereto, and
1.2 a pandemic or epidemic, as declared by the World Health Organisation or any governmental authority.
2.As used herein, Communicable Disease means: any infectious, contagious or communicable substance or agent and/or any infectious,
contagious or communicable disease which can be caused and/or transmitted by means of substance or agent where:
2.1 the disease includes, but is not limited an illness, sickness, condition or an interruption or disorder of body functions, systems or
organs, and
2.2 the substance or agent includes, but is not limited to, a virus, bacterium, parasite, other organism or other micro-organism (whether
asymptomatic or not); including any variation or mutation thereof, whether deemed living or not, and
2.3 the method of transmission, whether direct or indirect, includes but not limited to, airborne transmission, bodily fluid transmission,
transmission through contact with human fluids, waste or the like, transmission from or to any surface or object, solid, liquid or gas
or between organisms including between humans, animals, or from any animal to any human or from any human to any animal, and
2.4 the disease, substance or agent is such:
2.4.1 that causes or threatens damage or can cause or threaten damage to human health or human welfare, or
2.4.2 that causes or threatens damage to or can cause or threaten damage to, deterioration to, contamination of, loss of value of, loss
of marketability of or loss of use or usefulness of, tangible or intangible property.
For avoidance of doubt, Communicable Disease includes but is not limited to Coronavirus Disease 2019 (Covid -19) and any variation or
mutation thereof.
3.For further avoidance of doubt, any contingent or other business interruption loss, cost, damage, loss of income, loss of use, increased
cost of working and/or extra expense arising out of or attributable to:
3.1 any partial or complete closure of and/or slowdown in, including but not limited to any closure by or under the advisories of public,
military, government or civil authorities, or any denial of access to insured premises, or customer and or supplier premises (including
service / utility providers), or
3.2 change in consumer behaviour, or
3.3 an absence of infected employees or employees suspected of being infected shall not be covered by this [insurance Contract].
4.For still further avoidance of doubt, loss, cost, damage, liability, claim, fines, penalty or expense or any other amount excluded hereby,
includes but is not limited to any cost to identify, clean-up, detoxify, disinfect, decontaminate, mitigate, remove, evacuate, repair, replace,
monitor, sanitize or test: (1) for a Communicable Disease or (2) any tangible or intangible property covered by this [insurance Contract]
that is affected by such Communicable Disease.
5.It is clarified that (1) no other prior, concurrent or subsequent provision, clause, term or exception of this [insurance Contract] (including
(but not limited to) any prior, concurrent or subsequent endorsement and/or any provision, clause, term, buy back or exception that
operates, or is intended to operate, to extend the coverage of, or protections provided by, this [insurance Contract] by whatever name
called like any coverage extension, additional coverage, global extension, exception to any exclusion); (2) any change in the law, clause or
similar provision; (3) any follow the fortunes clause or similar provision; and/or (4) no change in the law or any regulation (to the extent
permitted by applicable law), shall operate to provide any insurance, coverage or protection under this [insurance Contract] that would
otherwise be excluded through the exclusion set forth in this [Endorsement][Clause].
6.If the [insurer] alleges that by reason of this [Endorsement][Clause] any amount is not covered by this [insurance Contract] the burden of
proving the contrary shall rest in the [insured].
(but not limited to) any prior, concurrent or subsequent endorsement and/or any provision, clause, term, buy back or exception that
operates, or is intended to operate, to extend the coverage of, or protections provided by, this [insurance Contract] by whatever name
called like any coverage extension, additional coverage, global extension, exception to any exclusion); (2) any change in the law, clause or
similar provision; (3) any follow the fortunes clause or similar provision; and/or (4) no change in the law or any regulation (to the extent
permitted by applicable law), shall operate to provide any insurance, coverage or protection under this [insurance Contract] that would
otherwise be excluded through the exclusion set forth in this [Endorsement][Clause].
ICICI Lombard General Insurance Company LTD
6.If the [insurer] alleges that by reason of this [Endorsement][Clause] any amount is not covered by this [insurance Contract]
ICICI LOMBARD the
HOUSE, 414, Veer burden
Savarkar Marg, of
proving the contrary shall rest in the [insured]. Near Siddhi Vinayak Temple, Prabhadevi, Mumbai 400 025

ICICI Lombard General Insurance Company Limited


IRDA Reg. No. 115 CIN: L67200MH2000PLC129408
Mailing Address: Registered Office: Toll free No. : 1800 2666
401 & 402, 4th Floor, Interface 11, ICICI Lombard House, 414, Veer Savarkar Marg, Alternate No. : +9192236 22666 (chargeable)
New Linking Road, Malad (West), Near Siddhi Vinayak Temple, Prabhadevi, Email : customersupport@icicilombard.com
Mumbai - 400 064. Mumbai - 400 025. Website : www.icicilombard.com

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