【正文】 ONDITIONS 1. Policy Effect The due observance and fulfilment of the terms and conditions of thisPolicy in so far as they relate to anything to be done or plied with bythe Insured shall be a condition precedent to any liability of the Companyunder this Policy. 2. Policy Voidance This Policy shall be voidable in the event of misrepresentation,misdescription or nondisclosure made by the Insured or his representativein any material particular in respect of this insurance. 3. Policy Termination Unless its continuance be admitted by the Company in writing, thisPolicy shall be automatically terminated if: the insurable interest of the Insured is lost。 If the soundmarket value of the property is in excess of the sum insured, the Companyshall only be liable for such proportion of the claim as the sum insuredof the damaged property bears to its sound market value. If the insuredproperty enumerated in the Schedule is more than one item, the provisionof this clause shall apply to each thereof. 3. If a claim for loss of or damage to the insured item is settled ona total loss basis, the salvage value of such item shall be deducted fromthe indemnity payable by the Company. The Company may, at its option,decline the abandonment of any damaged property by the Insured. 4. In the event of loss of or damage to any equipment item insuredforming part of a pair or set, the Company shall not be liable in respectof each of such item lost or damaged for more than its proportionate partof the sum insured on the plete pair or set. 5. In the event of any loss occurrence, the Company shall also pay theInsured for the expenses reasonably incurred for taking necessary measuresto minimize loss or damage to the least extent, but in no case shall suchexpenses referred hereto exceed the sum insured of the insured property. 6. Upon settlement of a claim, an endorsement shall be issued by theCompany to reduce the sum insured corresponding to the property lost ordamaged by the amount so settled from the date of loss, and no premiumshall be refunded for the amount so reduced. If reinstatement of the suminsured is required by the Insured upon settlement of the claim, anadditional premium for the reinstated amount shall be charged at an agreedrate, and be calculated on pro rata daily basis from the date of loss tothe expiry of the insurance. 7. The time of validity of a claim under this insurance shall notexceed a period of two year counting from the date of loss. V. INSURED39。 8. the deductibles stated in the Schedule to be borne by the Insured。etat, strike, riot, and civilmotion。 but not including bursting of water tank or pipe due to rust. III. EXCLUSIONS This Company shall not be liable for: 1. loss of or damage to the insured property or expenses caused byintentional act or gross negligence of the Insured or his representative。 9. subsidence of ground。 but not including loss or damage caused by change in normal waterlevel or inundation from sea water or water escape or leakage from thenormal confines of any natural water course, lake or reservoir, canal ordam as well as loss of or damage to the insured property caused by storm,tempest or flood while being stored in the open or covered by or under ashed thatched with reeds, tarpaulins, straw, asphalt felt, plastic ornylon sheet。 but not including explosion of a boiler or other pressure reliefdevices。 3. animals, plants and agricultural crops。 3. works of art or postage stamps。 ＿＿＿＿＿＿保險公司 ＿＿＿＿＿＿ 授權(quán)簽字 簽發(fā)日期：＿