PERILS COVERED. Except as provided in item 2. below, we cover risks of direct physical loss to covered property unless the loss is caused by a peril that is excluded. The loss must be due to an external cause.
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Samples: Boat Owner Coverage Agreement
PERILS COVERED. Except as provided in item 2. below, we We cover risks of direct physical loss to covered property unless the loss is caused by a peril that is excluded. The loss must be due to an external cause. PERILS EXCLUDED We do not pay for a loss if one or more of the perils excluded in items 1. and 2. below apply to the loss. Such losses are excluded regardless of other causes or events that contribute to or aggravate the loss, whether such causes or events act to produce the loss before, at the same time as, or after the excluded peril.
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Samples: Gun Owner Coverage Agreement
PERILS COVERED. Except as provided in item 2. below, we We cover risks of direct physical loss to covered property unless the loss is caused by a peril that is excluded. The loss must be due to an external cause. PERILS EXCLUDED We do not pay for a loss if one or more of the perils excluded in parts 1 and 2 below apply to the loss.
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Samples: Personal Effects Coverage Agreement
PERILS COVERED. Except as provided in item 2. below, we We cover risks of direct physical loss to covered property unless the loss is caused by a peril that is excluded. The loss must be due to an external cause. PERILS EXCLUDED We do not pay for a loss if one or more of the perils excluded in parts 1 and 2 below apply to the loss. Such losses are excluded regardless of other causes or events that contribute to or aggravate the loss, whether such causes or events act to produce the loss before, at the same time as or after the excluded peril.
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Samples: Farm Machinery Coverage Agreement