<p style="text-align:justify">It is hereby understood and agreed that this policy does not provide any indemnity against any claim or claims:</p>

<ol>
	<li style="text-align:justify">Made or threatened or in any way intimated on of before the inception this policy.</li>
	<li style="text-align:justify">For pending or prior litigation disputed or any development therefore.</li>
	<li style="text-align:justify">Arising out of any matter disclosed in the answer given in the application form in the annual report of the company or which ought to have been so disclosed</li>
</ol>
