Common use of Insured Event Clause in Contracts

Insured Event. 2.1. The insured event is the destruction of, damage to or loss of an insured item during the insurance period as a result of an unexpected and unforeseeable event. In the case of an insured event, a compensation obligation arises for Compensa in cases and in the extent provided for in the insurance contract. 2.2. An insured event may include (only as noted in the insurance policy): 2.2.1. Fire; 2.2.2. Storm damage; 2.2.3. Pipe leakage; 2.2.4. Burglary; 2.2.5. Flood; 2.2.6. Damage under all-risk insurance; 2.2.7. Damage under third party liability insurance; 2.2.8. Damage under accident insurance. 2.3. In case of fire, the unforeseen and unexpected damage to the insured item is compensated, if the cause is: a) open fire spreading outside the fireplace or the resulting smoke, grime and fire extinguishing water; b) lightning strike; c) over voltage caused by lightning strike; d) explosion; e) falling aircraft (airplane, helicopter), part or load thereof. a) damage caused to the electrical installation or equipment by over or under voltage, fluctuations in electrical current (including electrical interruptions or short circuits). 2.4. In case of storm damage, the unforeseen and unexpected damage to the insured item is compensated, if the cause is: a) storm (wind blowing at a speed of at least 18 m/s); b) hail;