cchiou
Oct 1, 2012, 06:52 PM
Under the Body Corporate policy wording, Section 1 sub section Trace and Access:
What does the following mean?
The company will pay the reaonable costs incurred with the consent of the Compnay up to a limit of $25,000 per Occurrence (but still subject to the Special Limit of Insurance) to detect the point of escape of substances which:
* have caused Damage to Property Insured; or
* risk causing, during the Policy period, Damage to Property Insured.
What does the 2nd asterick mean? (Risk causing, during the policy period, damaged to property insured)?? Does it mean risk management?
What does the following mean?
The company will pay the reaonable costs incurred with the consent of the Compnay up to a limit of $25,000 per Occurrence (but still subject to the Special Limit of Insurance) to detect the point of escape of substances which:
* have caused Damage to Property Insured; or
* risk causing, during the Policy period, Damage to Property Insured.
What does the 2nd asterick mean? (Risk causing, during the policy period, damaged to property insured)?? Does it mean risk management?