Archive for the ‘P-Clauses’ Category

PHARMACEUTICAL PRODUCTS

This policy does not provide indemnity for the manufacturing  of pharmaceutical  products. Full story

PRODUCT EFFICACY EXCLUSION, APPLICABLE TO DEGUSSA PRODUCTS ONLY

It is agreed and declared that this Policy shall not apply to Personal Injury or Property Damage resulting from the failure of the Insured’s Products, or work completed by or for the Insured, to perform the function or serve the purpose intended by the insured if such failure is due to a mistake or deficiency in any design, formula, plan, specification, advertising material or printed ... Full story

PRODUCT EFFICACY /GUARANTEE/WARRANTY/ABSOLUTE LOSS OF USE EXCLUSION Exclusion 4.12 “LOSS OF USE is amended to read :

4.12.     LOSS OF USE Loss of use of tangible property which has not been physically injured or destroyed resulting from : 4.12.1   a delay in or lack of performance by or on behalf of the Insured of any contract or agreement, 4.12.2.  the failure of the Insured’s Products to meet the level of performance, quality, fitness or durability expressly or impliedly warranted or represented by the Insured. It is ... Full story

PROPERTY IN THE PHYSICAL OR LEGAL CONTROL OF THE INSURED :

The exclusion of property in the charge or under control of the Insured or any servant of the Insured in this Policy shall not apply to loss of or damage to property belonging to the Insured’s customers or suppliers and entrusted to the Insured. This endorsement shall not apply to the Insured’s Legal Liability for loss of or damage to the said property : if such ... Full story

PUNITIVE, AGGRAVATED, EXEMPLARY DAMAGES EXCLUSIONS

Punitive damages and/or exemplary damages and/or aggravated damages and/or any additional damages resulting from the multiplication of compensatory damages. Full story

PLANT AND MACHINERY CLAUSE (INCLUDING LIFT & ESCALATOR)

It is hereby understood and agreed that this Policy extends to indemnify the Insured’s legal liability for claim in respect of bodily injury or damage to property arising directly or indirectly out of or caused by or in connection with any plant and machinery in the physical or legal control of the Insured or used in work undertaken by or on behalf of the Insured. ... Full story

PROPERTY OF GUEST LODGED FOR SAFE CUSTODY CLAUSE (LIMIT US$ 10,000.00 PER GUEST)

It is agreed and declared that EXCLUSION 4.19.2 of this policy shall not apply to liability for Property Damage to property of guests or lodgers deposited with the Insured specifically for the safe custody provided that Company’s Limit of Indemnity under this endorsement shall not exceed US$ 10,000.00 any one occurrence. Provided further that Company shall not be liable for : The first US$ 500.00 ... Full story

Principal Endorsement

It is hereby understood and agreed that this Policy extends to indemnify the interest of (NAME OF PRINCIPAL), as Principal, for any Claim first made during the Period of Insurance and notified to Us, against the Principal which arises solely out of work carried out by You and arising from Your Business. No indemnity shall extend to liability arising from activities carried out by (NAME OF ... Full story

PROFESSIONAL FEES CLAUSE

The Policy extend to indemnify the Insured in respects of architects’ surveyors’ and consulting engineers’ fees necessarily incurred in the reinstatement of the property insured consequent upon its destruction or damage but not for the preparing of any claim. It is being understood that the amount payable for such fees shall not exceed those authorized under the scale of Royal Institute of British architects or ... Full story

PRIVATE WORKS FOR DIRECTORS AND EXECUTIVES

This policy shall indemnify the Insured and any Directors or Executives of the Insured in respect of their private duties : Provided that : Such Director and/or Executive is not entitled to indemnity under any other Policy or policies. The extension by this endorsement shall not apply to or include liability in respect   of    injury   to  any   person   under   a   contract   of  service   or apprenticeship with  ... Full story

PROPERTY UNDER CUSTODY, CARE AND CONTROL (BL 51)

Notwithstanding anything contained in this policy to the contrary, it is hereby declared and agreed that this policy  is extended to cover insured’s legal liability on the property for which the insured are entrusted and responsible in the event of loss or damage whilst in their custody, care and control. Provided always that in the event of any claim under this extension the insured shall be ... Full story

PURE FINANCIAL LOSS EXCLUSION

It is hereby declared and agreed that no liability shall attach to this Policy in respect of any claim made against the Insured based upon or arising out of consequential financial loss incurred by any party additional to the monetary cost of actual repair rectification or replacement of the property and all cost and expenses reasonably and necessarily ... Full story

PREMIUM PAYMENT WARRANTY

It is a fundamental and absolute special condition of this contract of insurance that the premium due must be paid and received by the Insurer within ninety (90) days from the inception date of this policy/endorsement/renewal certificate, unless otherwise agreed by the Insurer. If this condition is not complied with then this contract is automatically cancelled and the Insurer shall be entitled to the pro rata ... Full story

PREMISES MEDICAL EXPENSE – Limited to S$ 2,000.- per person/S$ 20,000.- in aggregate

Notwithstanding the Indemnity provided for under this Policy and subject to the Policy Limits of Liability, the Company will pay medical expenses as described below for third party personal injury caused by an accident i) on premises owned or rented by the Insured ii) on ways next to premises owned or rented by the Insured iii)         arising out of or in connection with the Insured’s business ... Full story

Property Development Endorsement

It is hereby understood and agreed that the property and development activities described as Your Business will only extend to include scope of activities as declared in the completed Proposal provided by You. PROVIDED ALWAYS THAT We will not pay for any Claim directly or indirectly arising out of, in consequence of, or contributed to by: construction activities; or accounting services normally provided by a certified ... Full story

Project Managers Endorsement

It is hereby understood and agreed that this Policy shall extend to include Your activities as project/construction managers. PROVIDED ALWAYS THAT: this shall be limited to Your performance of design, consultancy, advice, construction co-ordination and also those activities and duties normally undertaken by a qualified architect, consulting engineer or other specialist engineering or surveying consultants; We will not pay for any Claim directly or indirectly ... Full story

Pecuniary Loss Exclusion

It is hereby understood and agreed that We will not pay for any Pecuniary losses other than consequential losses flowing from personal injury. Full story

Pure Economic Loss Exclusion

It is hereby understood and agreed that We will not pay for any pure economic losses other than consequential losses flowing from personal injury. Full story

PROFESSIONAL LIABILITY (BL 10)

It is agreed and declared that Exclusion 4.18 is deleted and replaced by the following Professional Indemnity 4.18.1.  The rendering of or failure to render professional advice or service by the Insured or any error or omission connected therewith 4.18.2.  Professional advises or service, in respect of Insured Products, which is not given for a fee. 4.18.3.  Personal Injury arising directly or indirectly out of or caused by treatment ... Full story

PRODUCT LIABILITY EXCLUSION (BL 35)

This Policy does not cover liability in respect of or arising out of the Insured’s products   Full story

PRODUCT INEFFICACY (BL47)

It is agreed and declared that this Policy shall not apply to Personal Injury or Property Damage resulting from the failure of the Insured’s Products, or work completed by or for the Insured, to perform the function or serve the purpose intended by the insured if such failure is due to a mistake or deficiency ... Full story

PRINCIPALS (NAMED) – BL37

 The following is deemed to be an Insured under this Policy to the extent set forth in Definition 5.4.4   Full story

PARTIAL COMPLETION CLAUSE

In the event that the Insured Property or any part of the Insured Property under Section I shall have been handed over to and/or taken into use by the Insured Employer and/or by the User cover under Section I of this Policy shall continue until the expiry date of the Period of Insurance stated in the Schedule of the Policy (Section I & II) and/or ... Full story

PAYMENT ON ACCOUNT

It is hereby declared and agreed that progress payment on account of any loss recoverable under this policy will be made to the Insured at such stages as may be mutually agrees upon if desired by the Insured and on production of an interim report by the loss adjuster (if appointed) provided that such payment are deducted from the finally agreed claim settlement Full story

PRINCIPALS EXISTING PROPERTY BELONGING TO OR HELD IN CARE, CUSTODY OR CONTROL BY THE INSURED

It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, the cover under Section 1 shall be extended to cover loss of or damage to property located on or adjacent to the site and belonging to or held in care, custody or ... Full story

PLANS AND DOCUMENTS CLAUSE

It is understood and agreed that this policy will also indemnify against the necessarily incurred cost of re-writing of plans and drawings or other contract documents lost destroyed or damaged as a result of a perils insured hereunder providing such loss destruction or damage occurs at the project site. Such indemnification shall however be limited to : a maximum amount of IDR. 5,000,000.- each and every ... Full story

PROFESSIONAL FEES

The insurance provided includes architects, surveyors, consulting engineers and other professional fees necessarily incurred in connection with the reinstatement of loss or damage insured hereunder. Full story

PROPERTY DAMAGE DEDUCTIBLE (BL 27)

It is agreed and declared that the Insured shall bear the first US$ 1,000. - Of each and every property damage loss. Full story

PROFESSIONAL LIABILITY AND MEDICAL MALPRACTICE EXCLUSION (BL 57)

It is agreed and declared that Exclusion 4.9 is deleted and replaced by the following: 4.9          PROFESSIONAL INDEMNITY 4.9.1       the rendering of or failure to render professional advice or service by the Insured or any error or omission connected therewith. 4.9.2       Personal Injury arising directly or indirectly out of or caused by an error, omission or act in the treatment or nursing of a patient of the Insured ... Full story

PROFESSIONAL ACCOUNTANTS CLAUSE

  Any particulars or details contained in the Insured’s books of account or other business books or documents which may be required by the company for the purpose of investigating or verifying any claim hereunder may be produced by professional accountants if at the time they are regularly acting as such for the Insured and their report shall be prima facie evidence of the particulars and ... Full story

PRODUCT LIABILITY ENDORSEMENT

Notwithstanding anything to the contrary contained in Exclusion 4.3 (Insured’s Product) of this Policy the Company will indemnify the Insured against all sums which the Insured shall become legally liable to pay as damages in respect of:- Accidental Bodily Injury (including death or Disease) to any person Accidental loss of or damage to property Occurring anywhere in Indonesia during the period of Insurance and Caused by ... Full story

PERSONAL INJURY LIABILITY EXTENSION

The words “Bodily Injury” wheresoever they are found in this they are found in this Policy are hereby replaced with the words “Personal Injury” and the following definition is agreed : Definition : “Personal Injury” means Bodily Injury, death, illness, disease disability, shock, fright, mental anguish or mental injury; False arrest, wrongful or imprisonment, malicious prosecution or humiliation; The publication or utterance of libel or slander, or ... Full story

PACKING CLAUSE

In the event of a claim being made for loss  or damage which is alleged to be caused by insufficiency of packing or preparation og the subject matter insured, insurers hereby agree that they will not use such alleged insufficiency or unsuitability as a defence against the claim in case where the packing or preparation was carried out by a party other than ... Full story

PLANT AND MACHINERY CLAUSE (INCLUDING LIFT AND ESCALATOR, HOIST, CRANES AND FORKLIFTS)

It is hereby declared and agreed that the Policy is extended to cover the Insured’s liability in respect of death or bodily injury or damage to use of all plant and machinery (including lift and escalator, hoist, cranes and forklifts) belonging to the Insured which are not licensed for use on Public Roads.   Full story

PERSONAL PROPERTY CLAUSE

This policy extends to cover the personal property (which expression shall include, but not limited to, money and negotiable instruments) of directors, partners, proprietors and employees of the insured whilst engaged on the business of the insured anywhere in the Republic of Indonesia or World, provided that the indemnity afforded by this clause : shall be limited ... Full story

PREMIUM ADJUSTMENT CLAUSE

The premium of this Policy of provisional and the insurer shall advise the Insurer of the Final Contract Price as soon as this has been agreed. The provisional premium shall be adjusted proportionately by a further payment to, or refund by , the Insurer, as the case may be subject to retention by the Insurer of any minimum ... Full story

PROGRESS CLAIM PAYMENT CLAUSE

Provided that liability has been admitted progress payment on account of any claim may be made to the Insured at intervals and for such amounts as may be agreed upon production of a report by the Loss Adjuster (if appointed) provided such payment (s) shall be deducted from the amount finally determined upon adjustment of the claim Full story

PREVENTION OF ACCESS CLAUSE ( 7 DAYS TIME EXCESS)

In consideration of the payment of a additional premium which is included in the premium hereon it is hereby agreed and declared that subject to the conditions of the Policy loss as insured by this policy resulting from interruption of or interference with business in consequence of damage (as within defined) to property in the vicinity of the premises which shall ... Full story

PORT BLOCKAGE CLAUSE

It is agreed and declared that the Insurance provided under Section 2 of this Policy shall extend to include loss resulting from the skinning or stranding of vessel within … to … which prevents access to the Insured’s loading facilities resulting in interruption of or interference with the Business of the Insured Full story

PREPARATION OF CLAIM CLAUSE

This insurance is extended to cover costs and expenses reasonably incurred by the Insured following loss or damage to the property insured to extract and compile information required by the company from the Insured’s own records for the purpose of preparing a claim under the policy but excluding legal investigation  and research  fees/expenses incurred for the purpose of contesting any issue ... Full story

PUBLIC UTILITY CLAUSE

In consideration of the payment of an additional premium which is included in the premium hereon it is hereby  agreed  and declared that subject to the conditions of the Policy loss as insured by this Policy resulting from interruption of or interference with the business in station or substation, gas works or water works of the public supply undertaking from which ... Full story

PLANS AND DOCUMENTS CLAUSE

It is understood and agreed that this policy will also indemnify against the necessarily incurred cost of re-writing of plans and drawings or other contract documents lost destroyed or damaged as a result of a perils insured hereunder providing such loss destruction or damage occurs at the project site. Such indemnification shall however be limited to : ... Full story

PROFESSIONAL ACCOUNTANTS CLAUSE

Any particulars or details contained in the Insured’s books of account or other business books or documents which may be required by the Company under Condition 4 of this Policy for the purpose of investigating  or verifying any claim hereunder may be professional accountants if at the time they are regularly acting as such for the Insured and their report shall ... Full story

PUBLIC UTILITIES CLAUSE (30 days)

Any loss resulting from interruption of or interference with the Business in consequence of damage to property, caused by a peril damage as a result of which is insured hereunder, at any electricity station or sub-station, gas works or water works of a public supply undertaking which is situated on or immediately adjacent to the Premises shall be deemed to be ... Full story

PERIL OF LANDSLIDE CLAUSE (4.10)

In consideration of the payment of an additional premium as arranged, this policy shall also cover the peril of subsidence, landslip or landslide except: The first Rp. 10,000,000.00 or 5% of the Sum Insured, which ever the less, of any one occurrence up to a maximum period of 72 consecutive hours from the start of subsidence, landslip ... Full story

PUBLIC UTILITIES CLAUSE (BI)

In consideration of the payment of an additional premium which is included in the premium hereon it is hereby agreed and declared that subject to the conditions of the policy loss. as insured by this policy resulting from interruption of or interference with the business in consequence of damage (As within defined) to property at any electricity station or substation, gas ... Full story

PAIR AND SET CLAUSE (full amount)

It is hereby noted and agreed that in case of loss destruction or damage to part of pair or set, the Insurer will pay the full amount of the pair or set provided the Insured agree to surrender the remaining article or articles of the pair or set to the Insurer.   Full story

PAIRS AND SETS CLAUSE (partial amount)

Where  any insured items consists of articles in a pair or set, this policy is  not to pay more than the value of any particular part or pats which may be  lost  or  damaged  without  reference  to  any special value which such article  or  articles may have as part of such pair or set, not more than a ... Full story

PROPERTY DAMAGE CLARIFICATION CLAUSE (EVET)

It is hereby declared and agreed that property damage covered under this policy shall mean physical damage to the substance of property, which is not include damage to the data or software, in particular any detrimental change in data, software or computer programs that caused by deletion, a corruption or deformation of the original structure. Consequently, the following ... Full story

PACKAGE CLAUSE

It is understood and agreed that should outer packing be damaged from any cause which renders interest unfit for on-shipment or distribution, irrespective of final destination shown herein, Underwriters to pay the cost of reasonable re-packing expenses, provided such damage occurred during the currency of this Insurance, and only when such package deemed to be part of the interest insured. Full story

PROFESSIONAL FEES CLAUSE (10% of loss)

Subject to the Sub Limit of Liability as stated in the Schedule for Professional Fees and Claims Preparation Costs, the insurance under this Clause is to cover : such reasonable professional fees as may be payable by the Insured. such other reasonable expenses reasonably incurred by the Insured and not otherwise recoverable, for preparation, proving ... Full story

PROFESSIONAL FEES CLAUSE

The Policy extend to indemnify the Insured in respects of architects’ surveyors’ and consulting engineers’ fees necessarily incurred in the reinstatement of the property insured consequent upon its destruction or damage but not for the preparing of any claim. It is being understood that the amount payable for such fees shall not exceed those authorized under the scale of Royal Institute ... Full story

POLITICAL RISKS EXCLUSION

This policy excludes confiscation, expropriation, nationalization, commandeering, requisition or destruction of or damage to property by order of the Government de jure or de facto or any public, municipal or local authority of the country or area in which the property is situated; seizure or destruction under quarantine or customs regulation Full story

PRORATA REFUND PREMIUM CLAUSE (NOT APPLICABLE FOR EARTQUAKE, VOLCANIC ERUPTION & TSUNAMI)

In the event the Insurer of the Insured terminates this insurance, the Insurer is obligated to return pro-rata premium for the unexpired period of insurance. Full story

PRORATA RETURN PREMIUM CLAUSE (NOT APPLICABLE FOR EARTQUAKE, VOLCANIC ERUPTION & TSUNAMI)

In the event the Insurer of the Insured terminates this insurance, the Insurer is obligated to return pro-rata premium for the unexpired period of insurance. Full story

PLATE GLASS BREAKAGE CLAUSE (US$ 500,000

This policy insures glass of all kinds, plain, plate or ornamented. The Insurer will indemnify the Insured by payment or at its option by reinstatement against breakage of the Glass Insured. Subject always to the terms, exceptions and conditions contained in this policy and the indemnity being limited to US$ 500,000 in each and every loss. The insurer ... Full story

PRIVILEGES GRANTED

I suppose it is okay to state the three clauses individually in the policy, as long as it includes the original intention of each clause. Full story

PROPERTY IN THE COURSE OF CONSTRUCTION CLAUSE

This Policy covers the interest of the Insured and contractors  and/or sub-contractors for whom the Insured has agreed to arrange insurance, in all materials, equipment, machinery, and supplies of any nature to be used in or incidental to the site preparations, erection and/or fabrication and/or testing of the property insured, subject to the terms, conditions, limits and deductibles applicable to this ... Full story

PUBLIC AUTHORITIES CLAUSE

The insurance by this Policy extends to include such additional cost of reinstatement of the  destroyed or damaged property thereby insured as may be incurred solely by reason of the  necessity to comply with building or other Regulations under or framed in pursuance of any Government Act or Bye-Law of Municipal or Local Authority provided that : ... Full story

PREVENTIVE MEASURE CLAUSE

It is hereby noted and agreed that in the event loss of or damage to the insured property, the Insurer will pay the reasonable costs necessary in preventing, minimizing or reducing damage to the insured property. The Insured will prove where necessary is incurred immediately and urgently in an emergency. Full story

PROGRESS CLAIMS PAYMENTS CLAUSE

It is hereby agreed and declared that progress payment on account of any loss recoverable under this policy will be made to the insured on production of an interim report by the loss adjuster (if appointed) or accountant, provided that such payments are deducted from the finally agreed claim settlement figures. Full story

PROPERTY IN CARE, CUSTODY AND CONTROL OF THE INSURED (USD 50,000 any one occurrence)

Notwithstanding anything contained in this policy to the contrary, it is hereby declared and agreed that this policy  is extended to cover insured’s legal liability on the property for which the insured are entrusted and responsible in the event of loss or damage whilst in their custody, care and control. Provided always that in the event of any ... Full story

PROPERTY DAMAGE CLARIFICATION CLAUSE

It is hereby declared and agreed that property damage covered under this policy shall mean physical damage to the substance of the items insured. Physical damage to the item (s) insured shall not include loss of or damage: To data of software, e.g. any detrimental change in data, software or computer programs caused by ... Full story

PAYMENT ON ACCOUNT CLAUSE (25%)

It is hereby declared and agreed that progress payment on account of any loss recoverable under this policy will be made to the Insured at such stage as may be mutually agreed upon if desired by the Insured and on production of an interim report by the loss adjuster (if appointed) provided that such payment are deducted from finally agreed claim ... Full story

PAIRS AND SETS CLAUSE (partial amount)

Where  any insured items consists of articles in a pair or set, this policy is  not to pay more than the value of any particular part or pats which may be  lost  or  damaged  without  reference  to  any special value which such article  or  articles may have as part of such pair or set, not more than a ... Full story

PROPERTY IN TRANSIT

Notwithstanding anything contained in the Policy to the contrary this Policy extends to cover the Interests Insured (other than stocks of new materials and finished goods) whilst in transit between port or ports, place or places within the Republic of Indonesia including whilst being loaded or unloaded onto or out of the means of conveyance. Limited to the ... Full story

PROPERTY OF INSURED STORED ELSEWHERE/ IN TRANSIT WITHIN BATAM, INDONESIA (Limit: SGD 10,000.00, Class I Construction)

It is hereby agreed and declared that notwithstanding anything contained in this Policy to the contrary, regarding Insured Property under this Policy, removal to other premises is allowed, provided that the Company shall not liable for an amount exceeding as stated in the attachment All other terms and conditions remain unchanged. Full story

PREMISES CLAUSE

Cover afforded by this Policy extends to cover property whilst on platform, alleys, yards, buildings and in the open within the compound provided that the insured have done all that are necessary to prevent a loss from happening which should be precedent to liability to the company. Full story

PERMIT AND PRIVILEGE CLAUSE

Permission is hereby granted to the Insured, or any other party acting on behalf of the Insured, to effect contracts or agreements customary or necessary to the conduct of the business of the Insured under which the Insured may assume liability or grant releases therefrom, without prejudice to this Insurance, provided such contracts or agreements, oral or written, insofar as ... Full story

POLITICAL RISKS EXCLUSION CLAUSE

The following shall be excluded from this Policy: Any loss or damage occasioned by or through or in consequence, directly or indirectly, of any of the following occurrences, namely: 1. War, invasion, act of foreign enemy, hostilities or warlike operations (whether war be declared or not), civil war. 2. Mutiny, civil commotion assuming the proportions of ... Full story

PROPERTY DAMAGE CLARIFICATION CLAUSES

It is understood and agreed that this Policy shall be subject to the following Property Damage Clarification Clause: Property damage covered under this Policy shall mean physical damage to the substance of property. Physical damage to the substance of property shall not include damage to data or software, in particular any detrimental change in data, software or computer programs that is caused by a deletion, ... Full story

Payment on Account Clause – apa pentingnya?

Payment on Account Clause – apa pentingnya?
PAYMENT ON ACCOUNT CLAUSE It is hereby declared and agreed that payment on account of any loss recoverable under this policy will be promptly made by the Insurers to the Insured if so desired by the Insured, provided that such payment are deducted from the finally agreed claim settlement figures. Apa latar belakang perlunya klausul "Payment ... Full story

KLAUSUL PERUBAHAN MANFAAT

Sesuai dengan peraturan yang berlaku kewajiban Penanggung terhadap Tertanggung adalah sebagai berikut: a) Penanggung wajib menginformasikan kepada Tertanggung setiap perubahan manfaat, biaya, risiko, syarat dan ketentuan yang tercantum dalam Polis ini b) Informasi sebagaimana dimaksud pada ayat (a) wajib diberitahukan kepada Tertanggung paling lambat 30 (tiga puluh) hari kerja sebelum berlakunya perubahan manfaat, biaya, risiko, syarat dan ketentuan atas Polis ini c) Dalam hal Tertanggung tidak menyetujui perubahan ... Full story

KLAUSUL SANTUNAN BIAYA PEMAKAMAN

Polis ini juga memberikan santunan biaya pemakaman Tertanggung akibat dari Kecelakaan yang dijamin dalam Polis ini sebesar 5% dari Harga Pertanggungan atau maksimum IDR5,000,000 jumlah mana yang lebih kecil Full story

KLAUSUL PEMBUNUHAN DAN PENGANIAYAAN

Polis ini juga menjamin risiko kematian, atau cacat tetap atau biaya perawatan atau pengobatan sebagai akibat dari tindakan-tindakan kekerasan termasuk pembunuhan, penganiayaan, pemerkosaan, penculikan dengan tidak memandang apakah tindakan-tindakan itu ditujukan terhadap Tertanggung atau orang-orang lain. Full story

KLAUSUL BIAYA PERAWATAN ATAU PENGOBATAN TERMASUK PENGOBATAN ALTERNATIF (SINSHE)

Jaminan Biaya Perawatan atau Pengobatan ini dibayarkan kepada Tertanggung berdasarkan kuitansi asli yang dikeluarkan oleh dokter yang melakukan perawatan atau pengobatan tersebut. Jumlah penggantian selama jangka waktu pertanggungan setinggi-tingginya sebesar Nilai Pertanggungan Jaminan C (Biaya Perawatan atau Pengobatan) Jaminan Biaya Perawatan atau Pengobatan ini juga berlaku bagi kuitansi yang dikeluarkan oleh pengobatan alternatif (sinshe) yang berizin sebesar 5% ... Full story

KLAUSUL PEMBUNUHAN DAN PENGANIAYAAN

Dengan ini dicatat dan disetujui bahwa dengan adanya tambahan premi, polis ini juga menjamin risiko kematian atau cacat tetap yang diderita sebagai akibat dari penganiayaan, penyiksaaan dan pembunuhan yang dilakukan oleh pihak lain. Full story

PUBLIC AUTHORITIES CLAUSE

The insurance by this Policy extends to include such additional cost of reinstatement of the destroyed or damaged property thereby insured as may be incurred solely by reason of the necessity to comply with Building or other Regulations under or framed in pursuance of any Government Act or Bye-Law of any Municipal or Local Authority provided that :... Full story

PROGRESS CLAIM PAYMENT CLAUSE

It is hereby agreed and declared that progress payment on account of any loss recoverable under this policy will be made to the Insured on production of an interim report by the loss adjuster (if appointed) or accountant, provided that such payments are deducted from the finally agreed claim settlement figures. Full story

PROFESSIONAL ACCOUNTANTS CLAUSE

Any particulars or details contained in the Insured’s books of account or other business books or documents which may be required by the Company under Condition 4 of this Policy for the purpose of investigating  or verifying any claim hereunder may be professional accountants if at the time they are regularly acting as such for the Insured and their report shall ... Full story

PREVENTION OF ACCESS CLAUSE

In consideration of the payment of a additional premium which is included in the premium hereon it is hereby agreed and declared that subject to the conditions of the Policy loss as insured by this policy resulting from interruption of or interference with business in consequence of damage (as within defined) to property in the vicinity of the premises which shall ... Full story

PORT BLOCKAGE CLAUSE

It is agreed and declared that the Insurance provided under Section 2 of this Policy shall extend to include loss resulting from the skinning or stranding of vessel within … to … which prevents access to the Insured’s loading facilities resulting in interruption of or interference with the Business of the Insured Full story

POLLUTION EXCLUSION CLAUSE (72 HOUR)

This Policy does not cover liability in respect of: Personal Injury or Property Damage caused by or arising out of the discharge, dispersal, release or escape of pollutants into or upon land, the atmosphere, or any water course or body of water. Provided this exclusion 1 does not apply if such discharge, dispersal, release or escape is sudden, ... Full story

PARTICIPANTS EXCLUSION CLAUSE

This Policy does not cover liability in respect of Personal injury or Property Damage arising out of the participation in any sport, game, or amusement involving bodily contact with persons, machines or devices.                        The term “Sport, game, or amusement” includes but is not limited to sumo wrestling, ... Full story

PROPERTY OWNERS EXCLUDING TRADE RISK

This Policy does not cover liability in respect of Personal Injury or Property Damage arising out of or in connection with any Business, Profession, Trade or Manufacturing Operations other than as owner of Property the subject of this Indemnity) conducted by the Insured.  The Business: Owner of property situated at xxxxxxxxx Full story

Personal Injury Liability 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 the claims made respect of personal injury to third parties arising out of the following offense: false arrest, detention or imprisonment , or malicious prosecution libel, slander, defamation or violation ... Full story

PRODUCT EFFICACY EXCLUSION CLAUSE

It is agreed and declared that this Policy shall not apply to Personal Injury or Property Damage resulting from the failure of the Insured’s Products, or work completed by or for the Insured, to perform the function or serve the purpose intended by the insured if such failure is due to a mistake or deficiency in any design, formula, plan, specification, ... Full story

PRIVATE WORKS FOR DIRECTORS AND EXECUTIVES CLAUSE

Further declared and agreed that this Policy is extended to indemnity the Insured in respect of the employment on private duties of any employee of the Insured by Director or Executive. Such Director and/or Executive is not entitled to indemnity under any other Policy or policies. The extension by this endorsement shall not apply to ... Full story

PREMISES MEDICAL EXPENSE CLAUSE

Notwithstanding the Indemnity provided for under this Policy and subject to the Policy Limits of Liability, the Company will pay medical expenses as described below for third party personal injury caused by an accident i) on premises owned or rented by the Insured ii) on ways next to premises owned or rented by the Insured... Full story

PLANT AND MACHINERY (including lifts and escalators) CLAUSE

It is hereby understood and agreed that this Policy extends to indemnify the Insured’s legal liability for claim in respect of bodily injury or damage to property arising directly or indirectly out of or caused by or in connection with any plant and machinery in the physical or legal control of the Insured or used in work undertaken by or on ... Full story

PHARMACEUTICAL PRODUCTS EXCLUSION CLAUSE

This policy does not provide indemnity for the manufacturing of pharmaceutical products. Full story

PRODUCT EFFICACY EXCLUSION CLAUSE

This policy does not cover liability in respect of Personal Injury or Property Damage resulting from the failure of your products, or work completed by You or for You, to perform the function or serve the purpose or intended by the Insured but this exclusion does not apply to personal Injury or Property Damage resulting from the active malfunction of such ... Full story

PAYMENT ON ACCOUNT CLAUSE

PAYMENT ON ACCOUNT CLAUSE It is hereby declared and agrees that payment on account of Full story

PREVENTIVE MEASURE CLAUSE

PREVENTIVE MEASURE CLAUSE It is agreed that in the event of actual damage (or imminent damage) to the Insured Property , the Insurer will pay the reasonably Full story

PERLUASAN JAMINAN PETIR

KLAUSUL 4.15. PERLUASAN JAMINAN PETIR Full story

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