Common use of Policy Exceptions Clause in Contracts

Policy Exceptions. Except as otherwise specifically stated, this Policy does not cover matters referred to in clause 2.1 based on or arising from during or out of: 5.1 A cause of action that may give rise to a claim which arose prior to the Effective Date of the policy; 5.2 Matters in which the Insured does not have: 5.2.1 An interest; 5.2.2 A reasonable prospect of success in the view of the Insurer; 5.3 Costs awarded against the Insured in terms of an Order of Court or other body provided for by the Labour Act; 5.4 Matters which are reasonably capable of being resolved satisfactorily without representation; 5.5 Political activities by the Insured; 5.6 Any claim by the Insured against the Insurer or its affiliated companies 5.7 Events, conditions or circumstances of general public interest which may affect public interest or society generally 5.8 Any activity or act which is calculated to overthrow or influence any state, municipality, tribal or other public authority with force, warlike activity or means of fear bring about any civil commotion, public disorder, riots or public disobedience 5.9 Matters based on illegality or malice on the part of the Insured 5.10 Any criminal matters instituted against the Insured 5.11 Matters with a capital value of less than N$10,000 5.12 Any debt due to the Insured that is less than sixty (60) days in arrears 5.13 Any matter instituted by or against the State or any State Owned Enterprise 5.14 Any expropriation proceedings 5.15 Any matter in which a nulla bona (no attachable assets) return of service is received from the Messenger / Sheriff in respect of a warrant of execution 5.16 Civil Proceedings are not covered in the event that the Gross turnover of the business exceeds N$3,000,000

Policy Exceptions. Except as otherwise specifically stated, this Policy does not cover matters referred to in clause 2.1 based on or arising from during or out of: 5.1 A cause of action that may give rise to a claim which arose prior to the Effective Date of the policy; 5.2 Matters in which the Insured does not have: 5.2.1 An interest; 5.2.2 A reasonable prospect of success in the view of the Insurer; 5.3 Costs awarded against the Insured in terms of an Order of Court or other body provided for by the Labour Act; 5.4 Matters which are reasonably capable of being resolved satisfactorily without representation; 5.5 Political activities by the Insured; 5.6 Any claim by the Insured against the Insurer or its affiliated companies; 5.7 Events, conditions or circumstances of general public interest which may affect public interest or society generally; 5.8 Any activity or act which is calculated to overthrow or influence any state, municipality, tribal or other public authority with force, warlike activity or means of fear bring about any civil commotion, public disorder, riots or public disobedience; 5.9 Matters based on illegality or malice on the part of the Insured; 5.10 Any criminal matters instituted against the Insured; 5.11 Matters with a capital value of less than N$10,000; 5.12 Any debt due to the Insured that is less than sixty (60) days in arrears; 5.13 Any matter instituted by or against the State or any State Owned Enterprise; 5.14 Any expropriation proceedings; 5.15 Any matter in which a nulla bona (no attachable assets) return of service is received from the Messenger / Messenger/Sheriff in respect of a warrant of execution; 5.16 Civil Proceedings proceedings are not covered in the event that the Gross gross annual turnover of the business exceeds N$3,000,000the limit listed in the Schedule of Insurance; 5.17 Failure by the Insured to co-operate with or accept professional legal advice from the appointed Legal Practitioner; 5.18 Wasted costs occasioned by the failure of the Insured to provide requested documentation to the appointed Legal Practitioner, failure to attend consultations or court appearances and/or the withdrawal and reinstatement of a same matter by the Insured.

Policy Exceptions. Except as otherwise specifically stated, this Policy does not cover matters referred to in clause 2.1 based on or arising from during or out of: 5.1 A cause of action that may give rise to a claim which arose prior to the Effective Date of the policy; 5.2 Matters in which the Insured does not have: 5.2.1 An interest; 5.2.2 A reasonable prospect of success in the view of the Insurer; 5.3 Costs awarded against the Insured in terms of an Order of Court or other body provided for by the Labour Act; 5.4 Matters which are reasonably capable of being resolved satisfactorily without representation; 5.5 Political activities by the Insured; 5.6 Any claim by the Insured against the Insurer or its affiliated companies 5.7 Events, conditions or circumstances of general public interest which may affect public interest or society generally 5.8 Any activity or act which is calculated to overthrow or influence any state, municipality, tribal or other public authority with force, warlike activity or means of fear bring about any civil commotion, public disorder, riots or public disobedience 5.9 Matters based on illegality or malice on the part of the Insured 5.10 Any criminal matters instituted against the Insured 5.11 Matters with a capital value of less than N$10,000 5.12 Any debt due to the Insured that is less than sixty (60) days in arrears 5.13 Any matter instituted by or against the State or any State Owned Enterprise 5.14 Any expropriation proceedings 5.15 Any matter in which a nulla bona (no attachable assets) return of service is received from the Messenger / Sheriff in respect of a warrant of execution 5.16 Civil Proceedings proceedings are not covered in the event that the Gross gross annual turnover of the business exceeds N$3,000,000the limit listed in the Schedule of Insurance; 6. PREMIUMS, SCHEDULE OF INSURANCE, PAYMENT OTHER INSURANCES AND DUTIES OF THE INSURED 6.1 The following shall be reflected in the Schedule of Insurance: 6.1.1 The monthly premium; 6.1.2 Particulars of employees employed by the Insured; 6.1.3 The first amount payable. 6.1.4 The maximum limit of indemnity from time to time. 6.2 The Insured shall take all reasonable steps to ensure that any damage in respect of an event is mitigated. 6.3 The Insured shall notify the Insurer if the amount of employees exceed the limit ascribed to the category of insurance for which the Insured has applied.