Acquisition of new properties.
Contractual liability, granting indemnity, or “Hold Harmless” agreements.
Alteration of addition to existing buildings or plants (in excess of property acquisition limit where applicable).
Dependence on a new outside supplier or customer.
Construction of new buildings.
Changes in the basis of shipping, or air freightment.
Changes in occupancy, or nature of business or
process of manufacture inclusive of the
introduction of new lines and equiptment.
Installation of pressure plant, boilers, or key machines.
Changes in tenants occupying buildings covered.
Use of private aircraft or watercraft.
Increases/ decreases in rental income insured
(Loss of Rent).
Tenders and major expansions. Submit details in
advance for advice on insurance ramifications.
Alteration in type, quantity, or storage method of
dangerous goods, fuels and gases.
Updates in existing Legislation/ Laws affecting
your sector.
Installation, alteration, or disconnection of fire or
burglary protection system.
It is critical you disclose if you or a tenant sells
or stores pyrotechnics, fireworks, or accelerants
on the premises. Failure to do this and a loss
occurs could result in the claim being denied.
Removal of assets to new locations.
It is critical you disclose if you or a tenant have a
woodworking or metalworking shop on the
premises or if welding or cutting is carried out on
the premises. Failure to do this and a loss
occurs could result in the claim being denied.
Arrangements of any new mortgage, debenture,
or other lines on the property.
Disclosure of the type, quantity, or storage
method of dangerous goods, fuels and gases.
Acquisition of controlling interests, or joint undertaking
in another Company.
Hire, lease, or borrowing of equipment for your
use or to a third party.