Building and Contents Home Insurance Policy Warding of National Insurance

National Policy Warding Home Insurance
SECTION I: BUILDING AND CONTENTS
The Company will indemnify the insured in respect of loss of or damage to the Contents / Building whilst contained in the insured premises by :-
a)	Fire, Lightning, Explosion of as in domestic appliance
b)	Bursting and overflowing of water tanks, apparatus or pipes
c)	Aircraft or articles dropped there from
d)	Riot, Strike or Malicious Act
e)	Earthquke Fire and/or Shock, Subsidence and Landslide (including Rockslide) damage
f)	Flood, Inundation, Storm, Tempest, Typhoon, Hurricane, Tornado or Cyclone
g)	Impact damage

EXTENSION :
The Insurance by this Policy applies also to contents in so far as such property is not otherwise Insured whilst temporarily removed and during transit as accompanied baggage anywhere in India to other premises used for temporary residence by the Insured or any member of the Insured’s family permanently residing with him or at other premises wherein the insured shall have placed any of such property in safe during his temporary absence from the insured premises during any period not exceeding in the aggregate. One Hundred and Twenty (120) days in any one period of insurance, provided that the liability of the Company in respect of property so removed shall not exceed one tenth of the total sum insured under this section.

SPECIAL EXCEPTIONS :
The Company shall no be liable in respect of :-
a)	Loss of or damage to articles of consumable nature.
b)	Loss of or damage to money, securities, stamps, stamp collections, bullion, livestock, motor vehicles and pedal cycles.
c)	Loss of or damage to deeds, bills of exchange, promissory notes shares and stock certificates, business books, manuscripts documents of any kind, unset precious stones and jewellery and valuables unless specifically declared.
d)	Loss or damage to any electronic machine, apparatus fixture or fittings (including electrical fans, electric household or domestic appliances, wireless sets, radio, tape recorders, television sets and the like) or to any portion of electrical installation arising from or occasioned by overrunning, excessive pressure, short-circuiting arcing, self-heating or leakage of electricity from whatever cause (lightnining included).

1.	SPECIAL CONDITIONS : No one article other than furniture is deemed to be more than 5% of the Sum Insured under this Section unless separately specified and value stated.
2.	CONDITION OF AVERAGE : If the property hereby Insured shall at the breaking out of any fire or at the commencement of any destruction of or damage to the property by any other peril hereby insured against by collectively of greater value than sum insured thereon, then the Insured shall be considered as being his own insurer for the difference and shall bear a rateable proportion of the loss accordingly.
3.	Provided, however, that if the sum insured hereby on the property insured shall at the breaking out of such fire or at the commencement of such destruction or damage be not less than 85% (eighty five percent) of the collective value of the property insured, this condition shall be of no purpose and effect.