All sums which the Insured shall become legally liable to pay for compensation in respect of

Liability assumed by the Insured by agreement unless such liability would have attached to the Insured notwithstanding such agreement.

Liability in respect of injury to any person who at the time of sustaining such injury is engaged in and upon the service of the Insured or any member of the Insured 's family or household or compensation Legislation.

Liability in respect of or arising from damage to any land or property or building caused by vibration or by the removal or weakening of support.

Liability for any consequence whether direct or indirect of war invasion of act of foreign enemy hostilities (whether war be declared or not) civil war rebellion revolution insurrection or military or usurped power.

Liability of whatsoever nature directly or indirectly caused by or contributed to by or arising from jonising radiations or contamination by radioactivity from any nuclear fuel or from ant nuclear waste from the combustion of nuclear fuel.

This insurance shall not commence until the Premium has been actually paid to and acceptable by the company and the Company's official acceptance letter or Policy has been issued, and no payment in respect of any premium shall be deemed to be payment to the Company unless to printed form or receipt signed by an official or duty authorized representative of the Company shall have issued therefor.

Every notice or communication to the Company shall be in writing and sent to the Company from which this Policy was issued and notice or Knowledge of anything relating to this Policy or any claim hereunder or which reference to any of the property or premises insured hereunder shall not be deemed to be notice to or which the knowledge of the Company unless the so given in the names herein provided. No alteration In the terms of this Policy, nor any endorsement hereon, will be held valid unless the same is signed or initialed by an authorized representative of the Company.

The Insured shall give notice to the Company of any accident or claim or proceeding immediately the same shall have come to the knowledge of the Insured or his representative.

The Insured shall not without the consent in writing of the Company repudiate liability negotiate or makes any admission after premised or payment in connection with any accident or claim and the Company shall be entered if it so desires to take over and conduct in the name of the Insured the defense of any claim or to prosecute in the name of the Insured at it own expense and for it own benefit any claim for indemnity or the product of any proceedings and in the settlement of any claim and the Insured shall give all such information and assistance as the Company may require.

If it shall so desire the Company mat at any time or stage of proceeding discharge its liability hereunder by paying to the Insured the limit of Indemnity in respect of any one accident or balance of such Limit of Indemnity any payment has already been made in respect of any claims arising out of the accident and it the event of it so doing the Company shall cease to have to the conduct and control of the negotiations action or proceedings in conduction with the claims and shall not responsible for any costs or expenses in connection herewith incurred after the date of the payment aforesaid not for any loss which the Insured may claim to the sustained by reason of the Company having acted as herein provided.

If the premium in the Policy has been calculated on any estimates furnished by the Insured, the Insured shall keep and accurate record containing all particulars relative thereto and shall at all times allow the Company to respect such record. The Insured shall within one month for the expiry of each Period of any Insurance furnish to the Company such particulars and information as the Company may require. The premium for such period shall thereupon be adjusted and the difference paid by or allowed to the Insured as the case may be.

If at any time or from time to time any charg shall occur materially varying any of the facts existing at the date of the proposal, the Insured shall within seven days give notice to the Company and shall pay such additional premium as the Company may require.

If any time of any claim arising under this Policy there shall be any Insurance covering the risk or any part thereof, the Company shall not be liable for more than its ratable proportion thereof.

This Policy may be cancelled at any time by seven days notice by registered letter from the Company to the Insured' s last known address and in such event the Company will return a pro rata portion of the premium for the unexpired part of the Period of Insurance.

The insured shall exercise reasonable care that only steady sober and competent employees are employed that all buildings, way, works, plant, machinery, furniture and fittings are substantial and sound in proper order and fit for the purposes for which they are used and that all statutory requirement and all bye-law and regulations imposed by public authority are duly observed and complied with. Upon any defect being brought to his notice, the insured shall forthwith proceed to make good the same and shall take such temporary precautions to prevent accident as the circumstances may require but so far as practicable no alteration or repair shall without the consent of the Company be made after any occurrence covered by this Policy until the Company shall have had an opportunity of inspecting. The Company shall at all reasonable times have free access to inspect any property. In the event of any defect or under being apparent to the Company's inspector the Company may give notice with writing to the Insured and thereupon all liability of Company in respect thereof or arising therefrom shall be suspended until the same be cured or removed to the satisfaction of the Company.

All differences arising out of this Policy shall be referred to the decision of an Arbitrator to be appointed in writing by the parties in difference or if they cannot agree upon a single Arbitrator to the decision of two Arbitrators one to be appointed in writing by each the parties within one calendar month after having been required in writing so to do either of the parties or in case the Arbitrators do not agree of an Umpire appointed by the Arbitrators before entering upon the reference. The Umpire shall sit with the Arbitrators and preside at their meeting and the making of an Award shall be condition president to any right of action against the Company. If the Company shall disclaim liability to the Insured for any claim hereunder and such claim within twelve calendar months from the date of such disclaimer have been referred to arbitration under the provisions then the claim shall for all purposes be deemed to have been abandoned and shall not thereafter be recoverable hereunder.

The due observance and fulfillment of the terms, conditions and endorsements of 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 answer in the said proposal shall be conditions precedent to any liability of the Company to make any payment under this Policy.