Summary of Conditions
Our conditions are modelled on the English/International Defence Facilities but taking into account the fixed premium provision. They will be updated, from time to time, to take account of new regulations and best practice.
Our conditions cover these sections:- Assured and Co-Assured
- Risks Covered
- Costs Covered
- Exclusions
- Extension of Cover in Special Cases
- Period of Cover and Duration of the policy
- Sum Covered
- Deductible
- Examination of Merits
- Payment of Premium
- Obligations of the Assured
- Consequences of Breach of Obligations
- Lawyers
- Exclusion of Set-Off
- Assignment of Rights
- Limitation Period
- Applicable Law, Arbitration Agreement and Jurisdiction