The Insurers shall not, however, be liable for: the deductible stated in the Schedule to be borne by the Insured in any one occurrence;

The Insurers shall not, however, be liable for: consequential loss of any kind or description whatsoever including penalties, losses due to delay, lack of performance, loss of contract;

The Insurers shall not, however, be liable for: loss or damage due to faulty design;

The Insurers shall not, however, be liable for: the cost of replacement, repair or rectification of defective material and/or workmanship, but this exclusion shall be limited to the items immediately affected and shall not be deemed to exclude loss of…

The Insurers shall not, however, be liable for: wear and tear, corrosion, oxidation, deterioration due to lack of use and normal atmospheric conditions;

The Insurers shall not, however, be liable for: loss or damage to construction plant, equipment and construction machinery due to electrical or mechanical breakdown, failure, breakage or derangement, freezing of coolant or other fluid, defective lubrication or lack of oil…

The Insurers shall not, however, be liable for: loss of or damage to vehicles licensed for general road use or waterborne vessels or aircraft;

The Insurers shall not, however, be liable for: loss of or damage to files, drawings, accounts, bills, currency, stamps, deeds, evidences of debt, notes, securities, cheques;

The Insurers shall not, however, be liable for: loss or damage discovered only at the time of taking an inventory.