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As in the Analog case, this case emphasises that Insurers must be specific in terms of Policy wordings if they want to exclude specific events or contingencies.

In my capacity as Loss Assessor, I have come across an unusual number of cases involving customers goods where there have been problems vis-à-vis interpretation of Policy cover.

Traditionally, third party property claims have been dealt with on an “indemnity” basis, i.e. deductions are made for wear and tear or increased life span or equivalent benefit.