EPI 45 Roads

It is agreed that in Section 1, Material Damage the following is added to Conditions to Section 1:
In respect of Loss to portions of not completed road caused directly or indirectly by rain, inundation or flood, Insurers liability shall be limited in respect of the aggregate length of the portions of not completed road at any one time as stated below.
Should the length of all portions of not completed road at the time of the Loss be in excess of the aggregate length limit stated below then the indemnity shall be reduced by the percentage which that limit bears to the total length of all portions of not completed road at the time of the Loss.
A road portion is deemed to be not completed until the asphalt or concrete course has been laid. It is understood that road shall include all types of roads including but not limited to motorways and highways.
Aggregate length limit of the portions of not completed road: ……… metres.

About the Author

has written 1704 stories on this site.

Write a Comment

Gravatars are small images that can show your personality. You can get your gravatar for free today!

*

Copyright © 2018 AHLIASURANSI.com. All rights reserved. Managed by Imam MUSJAB
Powered by WordPress.org, Custom Theme and ComFi.com Calling Card Company.