Coverage:

SECTION–1: MATERIAL DAMAGE

The Insurer hereby agree with the Insured that if at any time during the period of cover the items or any part thereof entered in the Schedule shall suffer any unforeseen and sudden physical loss or damage from any cause, other than those specifically excluded, in a manner necessitating repair or replacement, the Insurer will indemnify the Insured in respect of such loss or damage as hereinafter provided by payment in cash, replacement or repair (at their own option) up to an amount not exceeding in respect of each of the items specified in the Schedule the sum set opposite thereto and not exceeding in anyone event the limit of indemnify where applicable and not exceeding in all the total sum expressed in the Schedule as insured hereby.

SECTION II: THIRD PARTY LIABILITY

The Insurer will indemnify the Insured up to but not exceeding the amounts specified in the Schedule against such sums which the Insured shall become legally liable to pay as damages consequent upon:

• accidental bodily injury to or illness of third parties (whether fatal or not)

• accidental loss of or damage to property belonging to third parties

occurring in direct connection with erection, construction or testing of the items insured under Section 1 and happening on or in the immediate vicinity of the site during the Period of Cover.

In respect of a claim for compensation to which the indemnity provided herein applies, the Insurer will in addition indemnify the Insured against:

• all costs and expenses of litigation recovered by any claimant from the Insured, and

• all costs and expenses incurred with the written consent of the Insurer,

provided always that the liability of the Insurer under this section shall not exceed the limits of indemnity stated in the Schedule.