In: Operations Management
What are fungi and spores exclusion in insurance?
Answer:
Fungi and spores exclusion is found in the standard ISO commercia property policy.The exclusion applies to any loss or damage caused by the presence,growth or proliferation of fungi and spores.The insurance will not cover bodily injury or property damage caused by the fungi or spores.Such loss is excluded regardless of the cause,event,material or product contributing to injury or damage.The company will not pay for any loss regarding to the damage casued by fungi and spores