(i) For policies having sum insured up to Rs. 10 crore per location (not applicable to Dwellings) – (a) the first 5% of each and every claim subject to a minimum of Rs. 10,000 in respect of each and every loss arising out of “Act of God perils.” (b) The first Rs. 10,000 for each and every loss arising out of other perils in respect of which the insured is indemnified by the policy. (ii) Policies having sum insured above Rs. 10 crore per location: (a) The first 5% of each and every claim subject to a minimum of Rs. 25,000 in respect of each and every loss arising out of “Act of God” perils. (b) The first 5% of each and every claim subject to a minimum of Rs. 10,000 for each and every loss arising out of other perils. Excess shall apply per event per insured.