PERILS EXCLUDED
SCHEDULE A-I
This policy does not insure against loss caused directly by:
1) War Risk Exclusion applies regardless of any other cause or event contributing concurrently or in any other sequence to the loss or damage:
A. Hostile or warlike action in time of peace or war, including action in hindering, combating or defending against an actual impending or expected attack:
a) by any government or sovereign power (de jure or de facto), or by authority maintaining or using military, naval or air forces;
or
b) by military, naval or air forces; or
c) by an agent of any such government, power or authority or forces;
It is being understood that any discharge, explosion or use of any weapon of war employing nuclear fission or fusion shall be conclusively presumed to be such a hostile or warlike action by such a government, power, authority or forces;
B. Insurrection, rebellion, revolution, civil war, usurped power, or action taken by governmental authority in hindering, combating or defending against such an occurrence.
(This clause applies to all perils insured against hereunder except the peril of fire which is outlined below).
Except that the Companies shall not be liable for loss by Fire caused directly or indirectly by (a) enemy attack by armed forces, including action taken by military, naval or air forces in resisting an actual or an immediately impending enemy attack; (b) invasion; (c) insurrection; (d) rebellion; (e) revolution; (t) civil war; or (g) usurped power.
2) Loss or damage caused by nuclear reaction or nuclear radiation, or radioactive contamination (except as provided under the extension titled, Radioactive Contamination), all whether controlled or uncontrolled and regardless of any other cause or event contributing concurrently or in any other sequence to the loss or damage. However, subject to the foregoing and all provisions of this policy, direct loss by Fire resulting from nuclear reaction or nuclear radiation or radioactive contamination is insured against by this policy.
3) Delay, loss of market, gradual deterioration, inherent vice, moth, termites, vermin, ordinary wear and tear, dampness of atmosphere, extremes or changes in temperature, smog, contamination, shrinkage, evaporation, loss of weight, rust, wet or dry rot, corrosion, change in flavor or color or texture or finish; unless a peril insured herein ensues and then this policy shall only insure for the loss or damage caused by such ensuing peril.
4) Shortage disclosed on taking inventory; or unexplained or mysterious disappearance (except property in the custody of carriers for hire or in the custody of any bailee).
5) Infidelity or any dishonest act on the part of the Insured or other party of interest, his or their employees or agents or any person or persons to whom the property may be entrusted (carriers for hire excepted); or resulting from the Insured voluntarily parting with the title or possession of any property if induced to do so by any fraudulent scheme, trick or device or false pretense; unless a peril insured herein ensues and then this policy shall only insure for the loss or damage caused by such ensuing peril.
6) Electrical injury or disturbance within any article insured hereunder from artificial causes unless peril insured herein ensues and then this policy shall only insure for the loss or damage caused by such ensuing peril. However, this exclusion shall not apply to loss or damage to valuable papers and records.
7) Or resulting from latent defect, breakdown or derangement of machinery, improper material or errors in design unless a peril insured hereunder ensues and then this policy shall only insure for the loss or damage caused by such ensuing peril.
8) Or resulting from any repairing, adjusting, servicing or maintenance operation to property actually being worked upon. Unless a peril insured hereunder ensues and then this policy shall only insure for the loss or damage caused by such ensuing peril.
However, this exclusion shall not apply to property being constructed on premises owned or occupied by the Insured or to property sold by the Insured under an Installation Agreement whereby...