Article 1 The following properties may fall within the scope of the subject matter insured:

(1) Property owned by the insured or owned by others and in charge of by the insured;

(2) Property managed by the insured or kept by others;

(3) Other legally recognized properties that have economic benefits with the insured.

Article 2 The following properties, except those specifically agreed between the insured and the insurer and specified in the insurance policy, are not within the scope of the subject matter insured:

(a) gold and silver, jewelry, diamonds, jade, jewelry, ancient coins, antiques, ancient books, ancient paintings, stamps, works of art, rare metals and other valuable property;

(2) Dams, sluices, railways, roads, culverts, bridges and docks;

(3) Equipment and materials in mines and mines.

Article 3 The following property does not fall within the scope of the subject matter insured:

(1) Land, mineral deposits, mines, pits, forests, aquatic resources and crops that have not been harvested or put into storage after harvest;

(2) Currency, tickets, negotiable securities, documents, account books, charts, technical materials, computer data, guns and ammunition and property with no appraisal value;

(three) illegal buildings, dangerous buildings, illegally occupied real estate;

(four) materials in the process of transportation;

(5) A motor vehicle that has obtained a license plate and is operating normally;

(6) Livestock, poultry and other raised animals.

insured liability

Article 4 Where the loss of the subject matter insured is caused by the following reasons, the insurer shall be liable for compensation:

(1) fire;

(2) lightning strike;

(3) explosion;

(four) flying objects and other air objects fall.

Article 5 An insurer shall also be responsible for the following losses of the subject matter insured:

(1) The self-use power supply, water supply and gas supply equipment for which the insured has property ownership is damaged due to the insured accident, resulting in power failure, water cut-off and gas cut-off, thus causing direct losses to the subject matter insured;

(2) When an insured accident occurs, reasonable and necessary measures are taken to rescue the subject matter insured or prevent the spread of disasters, resulting in losses to the subject matter insured.

Article 6 After the occurrence of an insured accident, the insurer shall bear the necessary and reasonable expenses paid by the insured to prevent or reduce the loss of the subject matter insured.

exonerate

Article 7 The insurer shall not be liable for the loss of the subject matter insured due to the following reasons:

(1) War, hostilities, military actions, armed conflicts, strikes and riots;

(2) It is caused by the intentional behavior or connivance of the insured and its representatives;

(3) Nuclear reaction, nuclear radiation and radioactive pollution;

(4) Earthquake, rainstorm, flood, typhoon, storm, tornado, snowstorm, hail, ice, debris flow, cliff collapse, landslide, burst of water heating pipes, robbery and theft.

Article 8 An insurer shall not be liable for the following losses:

(1) The subject matter insured suffers various indirect losses caused by the insured accident;

(2) Damages caused by defects and improper storage of the subject matter insured, and losses caused by deterioration, mildew, moisture, insect bites, natural wear and tear, spontaneous combustion and baking of the subject matter insured;

(three) losses caused by administrative acts or law enforcement acts.

Article 9 Losses and expenses other than insurance liability.

Insurance amount and insurance value

Article 10 The insured amount of fixed assets shall be determined by the insured according to the original book value or the original value plus, or according to the current replacement value or other means.

The insured value of fixed assets is the replacement value at the time of the accident.

Article 11 The insured amount of current assets (inventory) shall be determined by the insured according to the book balance of any month in the latest 12 month, or by the insured himself.

The insured value of current assets is the book balance at the time of the accident.

Article 12 Off-balance-sheet property and entrusted property may be assessed by the insured himself or determined according to the replacement value.

The insured value of off-balance sheet property and entrusted property is the replacement value or book balance at the time of the accident.

Compensatory therapy

Article 13 Where the subject matter insured suffers losses within the scope of insurance liability, the insurer shall be liable for compensation according to the proportion between the insured amount and the insured value. The calculation method of the compensation amount is as follows:

(1) Total loss

When the insured amount is equal to or higher than the insured value, the compensation amount shall not exceed the insured value; If the insured amount is lower than the insured value, compensation shall be made according to the insured amount.

(2) Partial loss

When the insured amount is equal to or higher than the insured value, the compensation amount shall be calculated according to the actual loss; When the insured amount is lower than the insured value, the compensation amount shall be calculated according to the ratio of the insured amount to the insured value.

(3) If this insurance policy contains more than one property, it shall be handled in accordance with the provisions of this clause.

Article 14 In the event of an insured accident, the amount of compensation for the necessary and reasonable rescue expenses paid by the insured shall be calculated separately from the loss of the subject matter insured, and the maximum amount shall not exceed the insured amount. If the damaged insurance subject matter is compensated in proportion, the expenses shall be the same as the compensation for property losses.

Article 15 The remaining part of the insured subject matter after loss is agreed to be converted to the insured at a fixed price, and the amount converted to the insured at a fixed price shall be deducted from the indemnity according to the proportion stipulated in Article 14.

Article 16 When applying for compensation from the insurer, the insured shall provide the insurance policy, property loss list, technical appraisal certificate, accident report, ambulance expense invoice, necessary account books, documents and certificates issued by relevant departments. All documents and certificates must be true and reliable, and there must be no fraud. If the insured's fraudulent behavior causes losses to the insurer, it shall be liable for compensation. After receiving the documents, the insurer shall examine them in time.

Article 17 If an insured accident is caused by damage to the subject matter insured by a third party, the insurer shall subrogate the insured's right to claim compensation from the third party within the compensation amount from the date of compensation to the insured.

Article 18 After the insurer compensates part of the losses of the subject matter insured, the insured amount shall be reduced accordingly. When the insured needs to restore the insured amount, he shall pay the insurance premium and the insurer shall issue an endorsement. The insurance parties may terminate the contract according to law.

Article 19 If the insured property of this insurance policy has double insurance, the insurer is only responsible for sharing the losses in proportion.

Obligations of the insured

Article 20 The applicant shall pay the insurance premium as agreed before the insurance contract comes into effect.

Article 21 The insured shall fulfill the obligation of telling the truth and truthfully answer the insurer's inquiries about the subject matter insured or the insured's relevant information.

Article 22 The insured shall abide by the provisions on the protection of property safety formulated by the relevant state departments, and after receiving the rectification notice from the competent department of safety or the insurer, must conscientiously implement all kinds of hidden dangers of disasters and accidents found in the safety inspection.

Article 23 During the validity period of an insurance contract, the name of the insured, the professional nature of the subject matter insured, the address of the subject matter insured, the degree of danger of the subject matter insured and the transfer of the rights of the subject matter insured have changed. The insured shall notify the insurer in writing in advance and go through the correction procedures according to the relevant provisions of the insurer.

Article 24 When the subject matter insured suffers losses, the insured shall actively rescue it to reduce the losses, protect the site at the same time, and immediately notify the insurer to assist in the survey.

Article 25 If the insured fails to perform the obligations stipulated in Articles 20 to 24, the insurer has the right to refuse compensation or terminate the insurance contract after the service of the termination notice 15.

Any other business

Article 26 In case of any dispute between the insured and the insurer due to this insured matter, both parties shall choose one of the following two ways according to the contract:

(1) Any dispute arising from the performance of this contract shall be settled by both parties through consultation; If negotiation fails, it shall be submitted to the Arbitration Commission for arbitration;

(2) Any dispute arising from the performance of this contract shall be settled by both parties through consultation; If negotiation fails, a lawsuit shall be brought to the people's court according to law.

Article 27 All agreements concerning this insurance shall be made in writing.