<p>This Policy will insure:<br />
1. Fire including self-ignition and internal explosion of conveyance.<br />
2. Accidental collision of the vehicle with any other automobile, vehicle or object excluding however, contact with:<br />
- any portion of the Road Bed Curbing;<br />
- any stationary object while backing for loading or unloading;<br />
- any object when such collision of the load with any object does not involve collision of the carrying vehicle.<br />
3. Overturning and upset of the carrying vehicles;<br />
4. Collapse of bridges if not overloaded beyond authorized ton name for bridges;<br />
5. Explosion;<br />
6. Flood (meaning rising of navigable waters<br />
7. Robbery and Hijacking</p>

<p><br />
ROBBERY AND HI-JACKING CLAUSE</p>

<p>This insurance also covers the risk ROBBERY and HI-JACKING as defined herein subject to General Exclusion below. &nbsp;The term ROBBERY shall mean the felonious act of taking of personal property or any chattel in trade belonging to another or board the scheduled conveyance herein with the use of violence or intimidation against persons or force upon things. &nbsp;It shall be understood, however, that the act of ROBBERY to be covered should occur within the areas/s of operation described in the policy. &nbsp;The term HI-JACKING shall mean the unlawful or violent seizure or wrongful exercise of control by armed persons of the scheduled conveyance herein and/or its men including the contents thereof during any ambulant trips on regular/scheduled routes specified in the policy on any Philippine road, highway or thoroughfare. &nbsp;The term &quot;ambulant&quot; shall mean from the time the conveyance referred to herein leaves the premises of the warehouse at the place of origin and shall continue whilst in motion and traveling and shall terminate upon arrival at the final warehouse or whilst temporarily parked thereat or in any area within its vicinity awaiting unloading of its contents.</p>

<p>General Exclusions:</p>

<p>This clause shall not cover any loss or damage:</p>

<p>a) proximately caused by any means other than those specified in the Policy<br />
b) caused, committed or inflicted, either directly or indirectly by the assured, any of his or his contractor&#39;s employees, directors of relatives either as principal, accomplice or accessory as defined in the Revised Penal Code of the Phils.<br />
c) Attributable to or occasioned by any act of &nbsp;war, civil war, revolution, rebellion, insurrection, civil strife, insurgency, uprising or any other similar act regardless of the time or place of the commission of the crime.</p>

<p>Co-Insurance Clause</p>

<p>Notwithstanding any provision stated in this policy to the contrary, it is hereby understood and agreed that subject to the annual aggregate limit indicated in the policy the Company&#39;s liability for any one loss due to ROBBERY/HI-JACKING shall be limited to ___ percent (%) of the sum insured.<br />
&nbsp;</p>
