Common use of Unspecified customers premises Clause in Contracts

Unspecified customers premises. We will indemnify you for loss resulting from interruption of or interference with the business in consequence of damage by an insured peril covered under the Property section to the premises of any of your direct customers but excluding: a) customers specified by a more specific clause of this policy; b) damage to premises outside the United Kingdom provided that our liability under this clause shall not exceed fifteen (15%) percent of the sum insured by this section or £250,000 whichever is the lesser.

Appears in 2 contracts

Sources: Combined Insurance Policy, Combined Insurance Policy

Unspecified customers premises. We will indemnify you for loss resulting from interruption of or interference with the business in consequence of damage by an insured peril covered under the Property Business Goods section to the premises of any of your direct customers but excluding: a) customers specified by a more specific clause of this policy; b) damage to premises outside the United Kingdom provided that our liability under this clause shall not exceed fifteen (15%) percent of the sum insured by this section or £250,000 whichever is the lesser100,000.

Appears in 1 contract

Sources: Tradesman Insurance Policy