Optional Additional Coverage – Faulty Workmanship Clause Samples

Optional Additional Coverage – Faulty Workmanship. (Applicable only where this Additional Coverage is confirmed in the Schedule) Notwithstanding Exclusion 3.7 (Faulty Workmanship) We will indemnify You up to the limit as specified in the Schedule in respect of loss, damage, liability, cost or expense for the rectification of faulty workmanship as regards any third-party property or Watercraft, however, Our liability will be limited to: 2.9.1 the wholesale cost of any parts; 2.9.2 the net labour cost; 2.9.3 freight costs; required to rectify or re-perform work, in whole or in part, on any third-party property or Watercraft on which: 2.9.4 You had contracted to perform work, repairs, maintenance or service prior to the Occurrence causing the loss or damage to the third-party property or Watercraft, and