Expediting and preservation expenses clause

The insurer shall indemnify the insured up to the limit of indemnity specified in the schedule in respect of reasonable and necessary extra costs to pay for:

1. Overtime, night-work, work on public holidays, express freight (except airfreight) incurred to rectify loss of or damage to property insured;

2. The temporary repair of property insured to expedite the permanent repair or replacement of damaged property;

3. The temporary removal of property insured for cleaning, renovation or repair; and

4. The temporary protection or preservation of property insured provided that such actions are necessary to prevent immediately impending physical loss or damage to property insured caused by a peril insured under this policy.

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.