Annexure 10 – Specification attaching to the Standing Charges Wording

This policy is titled "Annexure 10 – Specification attaching to the Standing Charges Wording". SPECIFICATION ATTACHING TO THE STANDING CHARGES WORDING SPECIFICATION REFERRED TO IN THE ATTACHED SASRIA CONSEQUENTIAL LOSS POLICY Insured Standing Charges Only - (as stated in the Schedule) The Insurance hereby is limited to loss in respect of INSURED STANDING CHARGES due to (a) REDUCTION IN TURNOVER and (b) INCREASE IN COST OF WORKING and the amount. DEFINITIONS “Insured Standing Charges” - The amount of the INSURED STANDING CHARGES, or if the business is showing a net trading loss, the amount of the said INSURED STANDING CHARGES less such a proportion of any net trading loss as the amount of the INSURED STANDING CHARGES bears to all the STANDING CHARGES of the business. For the Specified Insured Standing Charges - see the Schedule.