PROPERTY EXCLUDED. This form does not insure loss or damage to: (a) property illegally acquired, kept, stored or transported, or property seized or confiscated for breach of any law or by o rder of any public authority; (b) licensed self-propelled land vehicles designed for use on public roads, except their attached equipment if shown on the “Schedule of Insured Property”; (c) aircraft or watercraft; (d) personal belongings or effects; (e) property while located underground, in caissons or underwater; (f) offshore rigs or property on offshore rigs; (g) property which has become a permanent part of any structure; (h) property while waterborne from the commencement of loading until the completion of discharge except that this form insures while on a ferry, railway car or transfer barge, all in connection with land transportation; (i) property whilst airborne; (j) property leased, rented or loaned to others; (k) property while actually being worked upon and directly resulting from such work or caused by any repairing, adjusting or servicing of the property insured. This exclusion does not apply to loss or damage caused directly by resultant fire or explosion; (l) money, notes, securities, accounts, bills, evidence of debt or valuable papers; (m) plans, blueprints, designs, or specifications.
Appears in 4 contracts
Samples: Indemnity Agreement, Indemnity Agreement, Indemnity Agreement
