Common use of PROPERTY EXCLUDED Clause in Contracts

PROPERTY EXCLUDED. This section excludes and does not cover damage to: a) aircraft, hovercraft or watercraft except safety boats, non-self-propelled watercraft, or other watercraft up to twenty feet (20) in length used on or about the contract site; b) any mechanically propelled motor vehicle, or its attached trailer which is: i) licensed for road use or for which insurance or security is required under Road Traffic law, ii) more specifically insured under any other policy of insurance; c) money, promissory notes, cheques, bills of exchange, securities for money, stamps or bonds; d) deeds, manuscripts or documents of any kind; e) property for which you are relieved of responsibility by the conditions of the contract; f) property insured in transit by sea or air; g) existing structures and/or existing property being worked upon; h) property more specifically insured under any other policy of insurance.