Archive for the ‘G-Clauses’ Category

GARAGEKEEPERS’ LEGAL LIABILITY

To pay on behalf of the Insured all sums to which the Insured shall become legally obligated to pay by because of property Damage to guests vehicles in the care, custody, or control of the Insured, subject to deductible per occurrence of ……………………. per claim. Full story

GOODS PURCHASED BY THE ASSURED ON FOB, C&F OR SIMILAR TERMS

I cover attaches under this policy from the time the goods leave the Supplier’s factory, Warehouse, Store or Mill as if the Contract of Sale war “ex Suppliers ‘ premises” notwithstanding that the goods and/or Interest may have been purchased on “FOB”, “C&F” or similar terms Assured to pursue suppliers and/or other parties where evidence exists to show that loss occurred prior ... Full story

GENERAL AVERAGE CLAUSE

This insurance covers general average and salvage charges, adjusted or determined according to the contract of affreightment and/or the governing law and practice (or, if there is no contract of affreightment, according to Foreign Statement or to York-Antwerp Rules) incurred to avoid or in connection with the avoidance of loss from any ... Full story

GOODS PURCHASED BY THE ASSURED ON FOB, C&F OR SIMILAR TERMS

I cover attaches under this policy from the time the goods leave the Supplier’s factory, Warehouse, Store or Mill as if the Contract of Sale war “ex Suppliers ‘ premises” notwithstanding that the goods and/or Interest may have been purchased on “FOB”, “C&F” or similar terms Assured to pursue suppliers and/or other parties where evidence exists to show that loss occurred prior ... Full story

GENERAL AVERAGE CLAUSE

This insurance covers general average and salvage charges, adjusted or determined according to the contract of affreightment and/or the governing law and practice (or, if there is no contract of affreightment, according to Foreign Statement or to York-Antwerp Rules) incurred to avoid or in connection with the avoidance of loss from any cause except those specifically excluded therefrom. For the purpose of ... Full story

GROSS PROFIT

The insurance under this item is limited to loss of  Gross Profit due to : Reduction is turnover and (b) Increase in cost of working and the amount payable as indemnity thereunder shall be :           In respect of  Reduction in Turnover :           The sum produced by applying the rate ... Full story

GOODS IN TRUST OR ON COMMISSION

This insurance hereby applies to property as herein defined belonging to the Insured or held by them in trust or on commission or for which they are or hold themselves responsible.   Full story

GENERAL INTEREST CLAUSE

Certain of the Property insured may be the subject of hire purchase lease or other agreements and the interest of the other parties to these arrangements is noted in this insurance, the nature and extent of such interest to be disclosed by the Insured in the event of damage Full story

GUEST AND EMPLOYEES PERSONAL EFFECT CLAUSE

The indemnity granted by this Policy extends to include clothing and/or personal effect of the guest Full story

GENERAL INTEREST CLAUSE

Certain of the Property insured may be the subject of hire purchase lease or other agreements and the interest of the other parties to these arrangements is noted in this insurance, the nature and extent of such interest to be disclosed by the Insured in the event of damage. KLAUSUL KEPENTINGAN BERSAMA Sebagian ... Full story

GROSS PROFIT CLAUSE

The insurance under this item is limited to loss of  Gross Profit due to : A. Reduction is turnover and (b) Increase in cost of working and the amount payable as  indemnity thereunder shall be : In respect of  Reduction in Turnover : The sum produced by applying the rate of gross  profit to the amount ... Full story

Guest’s Property Clause

It is agreed and understood that subject to the Insured having paid the agreed additional premium, this Policy shall be extended to cover the insured's liability for claim made against the Insured for loss of or damage to the property belonging to guests or customers of the Insured whilst such property is under the custody or control of the Insured subject ... Full story

Goods and Services Clause

It is agreed and understood that subject to the Insured having paid the agreed additional premium, this Policy shall be extended to cover the Insured's liability of claims made against the Insured for accidental bodily injury or accidental property damage which occurs during the period of insurance and arises out of goods and/ or services sold or supplied including transportation provided ... Full story

GUESTS’ EFFECTS CLAUSE

(Limit US$ 10,000 in aggregate) It is hereby declared and agreed that this Policy extends to cover legal liability of the Insured in respect of loss or damage to the personal effects of the Insured’s guests occurring at the place(s) at which the Policy applies. Full story

GENERAL INTEREST CLAUSE

GENERAL INTEREST CLAUSE Certain of the Property insured may be the subject of hire purchase lease or other agreements and the interest of the other parties to these Full story
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