As a general rule, the insurer`s obligation to compensate for the insured`s defective work is not triggered when diarrhea is limited to the insured`s own property or the insured`s property. In the absence of third-party ownership, the insured is not entitled to compensation for the costs of exchanging or repairing his own defective work or work product. Insurance contracts have traditionally been written on the basis of each type of risk (for which risks have been defined very precisely) and a separate premium is calculated and charged for each. Only the specific risks expressly described or “considered” in the directive were covered; This is why these guidelines are now referred to as “individual” or “schedule” guidelines.  This system of “designated hazards” or “specific dangers” proved untenable in the context of the Second Industrial Revolution, as a typical large conglomerate could have dozens of types of risks that can be insured against. For example, in 1926, a spokesperson for the insurance industry indicated that a bakery had to purchase a separate policy for each of the following risks: manufacturing operations, elevators, teamsters, product liability, contractual liability (for a track that connects the bakery to a nearby railway), domestic liability (for a retail store) and the responsibility of protecting owners (negligence of contractors responsible for construction modifications).  This underscores the need to take into account the whole policy. Arguments can be constructed and accepted by a court in certain circumstances, on the basis of political words that, at first glance, seem to have little to do with the alleged loss. It is essential to review the policy as a whole and to examine the scope of other provisions in order to develop the objective of the granting of the guarantee and the losses to be covered. The insurance contract says what it is for the insurer to cover as part of the contract. It relates to the purpose of the insurance. In the standard fire policy, the declaration and insurance are displayed together on the first page of the contract.