8. Gradually Operating Clause Flashcards
1
Q
Why would insurance policies not cover GOC?
A
- Insurer’s cover one off events not things that are bound to occur
2
Q
When considering GOC what other three things should be taken into account?
A
- Whether PH could have known damage was occurring
- Action PH took when it was apparent the damage was occurring
- Any other exclusions
3
Q
What is FOS view on damage to underground services?
A
- Can happen in slow motion
- Only peril to have this decision made
4
Q
Where can exclusions for GOC be found
A
- In the general exclusions section or the peril specific exclusions