: Under Binding Authorities with DA Constable Syndicates at Lloyds’
Cover
: General, Pollution, Products (including Inefficacy) and Professional
Indemnity (incidental risk)
Excess Layers and Umbrellas
Products Guarantee and Recall
Territorial Limits
: The carrying on of the Business at or from premises within the Republic of South
Africa but anywhere in the world, excluding North America, in respect of:
1. subsidiaries companies of the Named Assured
2. the export of Products by or on behalf of the Assured
3. incidental business visits by officials and non-manual employees of the Assured
Jurisdiction
: Worldwide, excluding North America
North American Jurisdiction can be provided on request.
Wording
: Broadform “Claims Made”
Indemnity Limits
: R250.000.000 “Per Claim” and “Per Period” as applicable.
Authority to quote to R25.000.000 Limit, thereafter “subject support”
Optional Extension
: North American Jurisdiction
Extended Reporting Period
Hard Currency Limits (and Excesses)
Excluded Risks
: Film Producers Liability
Ship Repairers and Ship Builders Liability
Environmental Impairment Liability
Known exposures to Asbestos and Polychlorinated Biphenyls
Aircraft Products
Note: The above Excluded Risks are not exhaustive. However, we will source
cover in the Lloyds’ Open Market for Excluded Risks if required.