<p>Notwithstanding anything stated to the contrary, it is hereby declared and agreed that the following exclusion is added to Exceptions to Section III (Own Damage/Theft) of this policy.</p>

<p>The company shall not be liable to pay for:</p>

<ul>
	<li>Loss or damage whilst the insured vehicle is not on land or whilst on board watercraft.</li>
</ul>

<p>All other terms and conditions remain the same.</p>
