AIG

Not on file.

Not on file.

Not on file.

New Zealand — insured property must be at the situation (as shown in schedule); limited extensions for portable electronic equipment worldwide while in transit; temporary removal cover within New Zealand; transit cover beginning and ending within New Zealand; unspecified locations within New Zealand; property located outside New Zealand otherwise excluded

• natural disaster damage (unless Optional Policy Extension A: Natural Disaster Cover applies)
• war, invasion, act of foreign enemy, hostilities or warlike operations (whether war is declared or not), civil war, mutiny, rebellion, revolution, civil commotion assuming the proportions of or amounting to an uprising, insurrection, military or usurped power
• act of terrorism, including controlling, preventing, suppressing, retaliating against, or responding to an act of terrorism
• nuclear — ionising radiation or contamination by radioactivity from any nuclear fuel or nuclear waste; nuclear weapons material
• gradual deterioration
• wear and tear, corrosion or rust
• slowly developing deformation or distortion
• marring or scratching
• rot or mildew
• action of micro-organisms, vermin or pests
• action of light, or inherent nature of the property (including shrinkage, evaporation, loss of weight, change of flavour or colour or texture or finish)
• fumes, gas, dust, smoke or soot (to directly affected property only)
• spontaneous combustion
• spontaneous fermentation
• interruption of supply of water, gas, electricity or fuel to the situation (except Refrigerated Goods extension)
• total or partial stoppage of work, or interruption or cessation of any process
• change in artificially controlled temperature or atmosphere (except Refrigerated Goods extension)
• loss only evidenced by unexplained disappearance
• loss only revealed by taking of an inventory
• loss due to clerical or accounting errors
• theft or attempted theft (except where covered by Burglary, Money, Portable Electronic Equipment, Stolen Keys or Theft Cover extensions)
• fraudulent scheme or device, or false pretence
• theft, attempted theft or fraud by insured or employee (except Money Cover extension)
• exposure to weather conditions if property not designed to be left in the open (unless reasonable precautions taken)
• landslip or subsidence (except Automatic Extension N: Landslip and Subsidence and Optional Extension A: Natural Disaster Cover)
• erosion or expansion of the ground
• normal settlement, normal shrinkage or expansion of buildings, foundations, walls, pavements, roads and other structural improvements
• settling, warping or cracking caused by earth or other movements (except Optional Policy Extension A: Natural Disaster Cover)
• building defects — moisture/water build-up or penetration of external moisture/water; mould, fungi, mildew, rot, decay, gradual deterioration, micro-organisms, bacteria caused by non-compliance with NZ Building Code, faulty design, faulty specification, faulty materials or faulty workmanship
• confiscation, nationalisation, requisition or destruction by order of government, public or local authority
• consequential financial loss including delays, loss of market, penalties, rates, taxes, duties, development charges, loss of use
• cost of repairing or replacing faulty materials or faulty workmanship or faulty design
• altering or modifying refrigeration or air conditioning plant to operate with more ozone friendly refrigerant
• machinery breakdown of a machine (except as provided by Automatic Extension O: Machinery Breakdown and Electric Motors extension)
• boiler or pressure vessel loss through explosion, overheating, rupture, bursting, collapse, cracking or leaking (except Machinery Breakdown extension)
• electronic data and software loss from any cause including computer virus (except Automatic Extension E: Electronic Data and Software)
• seepage, pollution or contamination (unless resulting from sudden and accidental loss otherwise covered)
• notifiable infectious disease under the Health Act 1956 or notifiable disease under the Biosecurity Act 1993
• loss to insured property while undergoing any production process where the process causes or contributes to the loss
• property located outside New Zealand (except Portable Electronic Equipment extension)
• property in transit away from the situation (except specified extensions)
• asbestos removal — capped at 5% of site sum insured or $50,000 whichever is lesser
• sanctions — no coverage where payment would violate any sanctions law or regulation