Advertisement and publicity have become an integral part of business and trading.
Advertisement by way of Neon Sign hoarding occupies a very important place in this
respect. However, such signs are located in public places and are exposed to loss
or damage arising out of fire, natural perils, riot or strike, arson and the like
due to their location and prominence.
This policy covers Neon Sign against loss or damage due to fire, theft or fortuitous
events.
- Section I covers loss or damage to Neon Sign by:
- accidental external means, or
- fire and/or lightning, external explosion, theft, or
- malicious act
- Section II covers legal liability for death of or bodily injury to any person or
damage to property of third party caused by the Neon Sign.
The Company will also pay claimant’s law costs incurred with its consent.
Applicable to both the Sections of the
Policy: -
- Contractual liability
- Any consequential loss
- Convulsions of nature like flood, hurricane, tornado, volcanic eruption, earthquake
- War and allied perils
- Riot and Strike.
- Nuclear exclusion