Archive for April, 2015

SOCIAL ACTIVITIES ENDORSEMENT

It is hereby declared and agreed that this Policy is extended to indemnify the Insured in respect of the Insured’s legal liability for bodily injury and property damage as within defined in this Policy caused by or arising out of an in connection with any social recreational or welfare activities organized supervised and managed by the Insured for its invited participants ... Full story

SPORT FACILITIES CLAUSE

It is agreed that this Policy shall extend to indemnify the legal liability of the Insured arising out of provision by the Insured of sporting facilities. It is also a proviso that the insured shall display the disclaimer notices at all the sport facilities areas highlighting that the Insured is not liable and will not be held responsible for bodily injury ... Full story

SWIMMING POOL LIABILITY CLAUSE

It is hereby declared and agreed that the policy extends to indemnify the insured for claims in respect of death or bodily injury or damage to property arising directly or indirectly out of or caused by or in connection with the swimming pool. Full story

SUBCONTRACTORS CLAUSE

It is agreed that this policy is extended to cover the legal liability of the Insured within the terms, exceptions and conditions of this Policy in respect of the illness, injury, loss or damage caused by or in connection with employment of sub-contractors or the servants or agents of such sub-contractors by the Insured. Provided always that:... Full story

SOCIAL & RECREATIONAL ACTIVITIES ENDORSEMENT

It is hereby declared and agreed that this Policy is extended to indemnify the Insured in respect of the Insured’s legal liability for bodily injury and property damage as within defined in this Policy caused by or arising out of an in connection with any social, recreational or welfare activities organized supervised and managed by the Insured for its invited participants ... Full story

SPORT AND SOCIAL CLUB AND MEDICAL FACILITIES

The Insured’s business shall be understood to include the provision of sport, social and welfare activities for the benefits of the Insured’s employees. For the purpose of this endorsement the Company will treat as though he were the Insured any employee engaged in the above mentioned activities provided that such employee is not entitled to ... Full story

STEVEDORING EXCLUSION CLAUSE

It is agreed and declared that this policy does not provide any indemnity directly or indirectly arising stevedoring operations performed by the Insured Full story

SARS EXCLUSION CLAUSE

This policy does not provide indemnity directly or indirectly for losses arising from SARS (Severe Acute Respiratory Syndrome) 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

OWNED AUTOMOBILES CLAUSE

It is agreed and declared that this policy provides indemnity for liability arising out of vehicles registered by the Insured in excess of any underlying motor or liability policies and will provide difference in conditions coverage within the terms and conditions of this policy. Notwithstanding the above no indemnity is provided where a driver has been charged with ... Full story

OVERSEAS VISITS CLAUSE

It is hereby declared and agreed that this Policy extends to indemnity the insured for all sums which the Insured shall become legally liable to pay as compensation for accidental bodily injury to any person or damage to property caused by the fault or negligence of the Insured’s Executives whilst engaged on the Insured’s business anywhere in the world.... Full story

NOTICE OF CANCELLATION CLAUSE

It is hereby noted and agreed that this policy cannot be cancelled or suspended for whatever reason without the Insurance Company giving the Insured’s Broker 14 days written notice of such intention. Full story

NON-CONTRIBUTION CLAUSE

Notwithstanding any other condition in this policy relating to contribution, it is expressly understood and agreed that the Insurers under this policy waive and forego any rights to contribution by any other policy or policies which may be effected by the Insured (as more fully described in Memorandum 1) or any one of them. Full story

NON – OWNED VEHICLE CLAUSE

This Policy is extended to cover the Insured’s legal liability for death and or bodily injury to third party and loss and/or damage to third party’s property arising out of the usage of non-owned vehicle and hired automobiles by the Insured in course of their business provided that such liability is not already insured and indemnified by any other policy. Full story

NEON LIGHTS AND ADVERTISING SIGN CLAUSE

This policy is extended to include the Insured’s legal liability directly arising from accidents in connection with the insured’s advertising and neon signs located anywhere in the Republic of Indonesia. Provided that the Company’s liability as aforesaid shall in no case exceed the Limit of Indemnity specified in this Policy. Full story

LOADING AND UNLOADING CLAUSE

It is hereby declared and agreed that this Policy is extended to indemnity the Insured against legal liability in respect of bodily injury and/or damage to property arising out of and in the course of loading and unloading operations from a stationary vehicle including delivery or collection of the load from or to the vehicle.... Full story

LIFT ENDORSEMENT

It is hereby declared and agreed that the operation of “LIFT” is covered under this policy, provided always that: The Company shall not liable for any bodily injury or loss of or damage to property occurring outside the premises specified on the Policy The Company shall not be liable for any bodily injury or loss ... Full story

LIABILITY ASSUMED BY AGREEMENT CLAUSE

Notwithstanding anything in the Policy to the contrary, if the Insured so request, the Insurer will indemnify the Insured against liability assumed by agreement, subject to notice within 14 (fourteen) days and approved by the Insurer, unless such liability would not have attached in the absence of such agreement. Full story

LOSS NOTIFICATION CLAUSE

Notwithstanding anything contained herein to the contrary it is agreed that this insurance will not be prejudiced by any inadvertent delays, errors or omission on notifying the Company of any circumstances or events giving rise or likely to give to a claim under this policy. Full story

LIABILITY ARISING OUT OF THE USE OF WATERCRAFT AND ALL MOBILE PLANT AND EQUIPMENT

It is hereby declared and agreed that this policy is extended to cover liability arising out of the use of watercraft and all mobile plant and equipment (not registered for road use) Subject otherwise to the terms, exceptions and conditions of the Policy. Full story

LEGAL REPRESENTATIVE CLAUSE

In the event of the death of the Insured then the legal personal representative of the Insured in respect of liability incurred by the Insured. Full story

INDONESIA JURISDICTION CLAUSE

The Indemnity provided herein shall not apply to: Compensation for damage in respect of judgements not delivered or obtained from a court of competent jurisdiction within Indonesia. Costs and expenses of litigation recovered by any claimant from the Insured which are not incurred in and recoverable in Indonesia Subject otherwise to the terms, exceptions ... Full story

INDEMNITY DIRECTORS AND EXECUTIVE CLAUSE

If any claim is made upon any Director and/or Executives of the Insured and the claim is such that if made; upon the Insured the Insured would be entitled to indemnity under this Policy, the company will in the terms of and subject to the limitations of this Policy, indemnify the said Directors and/or Executives of the Insured in respect of ... Full story

INDEMNITY TO PRINCIPALS CLAUSE

As far as concerns injury illness loss or damage for which the Insured is responsible and happening in connection with the carrying out of work for any Principal, the Company will at the request of the Insured treat the Principals as though the he were also the Insured under this Policy. Provided that the Principal shall observe, fulfil ... Full story

INTERESTS OF OTHER PARTIES

The insurable interest of Finance Parties and their Agents, Lessors, Trustees, Mortgages, Owners, and all other parties as specifically noted in the records of the Insured shall be automatically included without notification or specification. Where the insurance covers the interest of more than one party, any act, error, omission or neglect whereby the risk of damage has increased, ... Full story

INCIDENTAL TRAVEL CLAUSE

It is hereby declared and agreed that this Policy extends to cover legal liability of the Insured as within defined in respect of business trips overseas by directors or senior employees and/or employees of the Insured.  Full story

INSURED CATERING CLAUSE

It is agreed that this policy shall extend to indemnify the Insured against which the insured shall become legally liable to pay as compensation in respect of death or bodily injury or illness of any person caused by outside catering carried on by the insured away from the premises as described in this policy. Subject otherwise to the terms, conditions and ... 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

FIRST AID FACILITIES CLAUSE

This Policy extends to cover the legal liability of the Insured arising out of provision by the Insured of first aid facilities but excluding any act of negligence, omission or neglect of any duly qualified member of the medical profession or any employee or voluntary worker of any hospital or ambulance organization. Full story

FOOD AND DRINKS POISONING EXTENSION CLAUSE

It is hereby declared and agreed that the indemnity granted by this policy applies to the Insured’s legal liability for accidental bodily injury (including illness) and accidental loss of or damage to property (both as defined in the Policy) caused by or attributable to food and drink sold or supplied or provided by the Insured. It is further ... Full story

FIRE AND EXPLOSION ENDORSEMENT

It is hereby declared and agreed that the policy is extended to cover legal liability arising out of fire and/or explosion (other than explosion or rupture of any steam boiler) occurring in or about the premises designated in the Schedule as “Location”. Full story

FIRE BRIGADE AND WATER DAMAGE ENDORSEMENT

Legal liability as defined above arising from fire and/or Explosion including spreading fire is including within this insurance. if as a result of such Fire and/or Explosion legal liability attaches to the Insured in respect of the activities of the Fire Brigade Authorities in fighting or preventing spreading fire this shall also be deemed to be included. Full story

ERRORS AND OMISSION CLAUSE

The Insured not be prejudiced by any unintentional and/or inadvertent omission error incorrect valuation or incorrect description of the interests risk or property insured provided notice is given to the insurer as soon as practicable upon discovery of such error or omission. Full story

EMPLOYEE SPORT AND SOCIAL CLUB CLAUSE

The Insured shall include the committee and members of any social or sports club operated for the benefit of the Insured employees. The business shall be deemed to include the activities of the said club Full story

ELECTROMAGNETIC RADIATION CLAUSE

It is agreed and declared that this policy does not provide indemnity for losses directly or indirectly caused by electromagnetic radiation. Full story

EMPLOYEE PERSONAL EFFECT CLAUSE

The indemnity granted by this Policy extends to include clothing and/or personal effect or the employees of the Insured for amount not exceeding USD5,000 in respect of any one employee and for an amount not exceeding in the aggregate USD50,000 Full story

EMERGENCY MEDICAL EXPENSES CLAUSE

This policy extends to indemnify the Insured for all reasonable expenses incurred by the Insured for such immediate medical treatments as may be necessary at the time of an accident causing injury to any person who may be the subject of a claim for indemnity by the Insured in terms of this Policy. 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

EMPLOYEES AND VISITORS EFFECTS CLAUSE

This Policy extends to cover the legal liability of the Insured for loss or damage to the clothing and/or personal effects of employees, the amount of indemnity under this extension being limited to USD5,000 in respect of any one employee. Full story

DEMONSTRATION AND EXHIBITIONS AND DISPLAY CLAUSE

It is hereby declared and agreed that the Insurance in this Policy is extended to include Insured’s legal liability in respect of accidental bodily injury to any person or accidental loss or damage to property happening whilst the Insured is holding demonstration and or exhibition and display sites anywhere within the Republic of Indonesia Full story

International Conventions

ISM Code 2014 2012 Cape Town Agreement on the Implementation of the Provisions of the 1993 Torremolinos Protocol Relating to the 1977 International Convention for the Safety of Fishing Vessels 2009 Convention on Compensation for Damage Caused by Aircraft to Third Parties 2007 ... Full story

DIRECTORS AND PARTNERS CLAUSE

Any director, partner or Employee of the Insured while acting on behalf of or in the course of his employment or engagement by the Insured in respect of liability for which the insured would have been entitled to claim under this insurance if the claim had been made against the Insured. Full story

DELETERIOUS FOOD AND DRINK CLAUSE

This Policy extends to include liability in respect of accidental injury directly caused by or arising from anything harmful or defective in food or drink sold or supplied by the Insured or from poisoning of any kind caused by foreign or deleterious matter in food or drink sold or supplied by the Insured in the Business at the situation named in ... Full story

DEFECTIVE SANITARY INSTALLATIONS CLAUSE

It is hereby declared and agreed that this Policy extends to cover injury, loss or damage by air or water pollution caused by immediate discharge consequent upon an accident, or by defective drains, sewers or sanitary arrangement. Klausul Kerusakan Instalasi Sanitasi Dengan ini dinyatakan dan disepakati bahwa Polis ini menjamin cidera badan, kerugian atau kerusakan yang disebabkan oleh polusi udara atau ... Full story

DENTAL AMALGAM CLAUSE

This policy does not provide indemnity directly or indirectly for losses arising from dental amalgam Full story

COMPUTER SERVICES-LOSS OF DATA / ERRORS OR OMISSIONS EXCLUSIONS (BL 49)

It is agreed and declared that this Policy shall not apply to liability for any claims in respect of Property Damage to computer data resulting from the use of any computer hardware and/or computer software products of the Insured. It is further agreed and declared that this Policy shall not apply to liability for any claims based on ... Full story

CASUAL CONTRACTOR CLAUSE

It is hereby declared and agreed that the Insurance is extended to cover insured’s legal liability for injury, illness, loss or damage caused by any of the Insured’s casual contractors and happening in connection with the carrying out of work by them for the insured. Full story

CROSS LIABILITY CLAUSE

It is understood and agreed that subject to the terms and exceptions and conditions stated elsewhere, this policy will indemnify any of the Insured as if each party were insured separately. Insurers also agree to waive all rights of subrogation or action which they might otherwise have or acquire against any of the above parties insured. Provided always ... Full story

CROSS LIABILITY CLAUSE

It is agreed and understood that otherwise 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 Third Party Liability cover of the Policy shall apply to the Insured parties named in the schedule as if a separate policy had been issued to each party, ... Full story

CONTINGENT LIABILITY FOR CONTRACTORS & SUB-CONTRACTORS CLAUSE

It is hereby declared and agreed that the Policy extends to cover the Insured’s legal liability in respect of acts of employees of their contractors for which they may be responsible. Provided that the indemnity given is on the condition that: It is contingent upon the liability incurred not being covered or indemnified by an insurance of the ... Full story

CONTINGENT LIABILITY FOR NON-OWNED AND HIRED MOTOR VEHICLE CLAUSE

The Insurer will indemnify the insured in respect of accidental injury to any person and/or accidental loss of or damage to property arising out of the use of any motor vehicle not the property of or provided by the Insured and being used for the purpose of the Business. Provided that this extension shall not apply to:... Full story

CONTINGENCY LIABILITY TO TENANTS CLAUSE

This Policy extends to include the legal liability of the Insured in respect of acts of the tenants for which they may be responsible. Provided that the indemnity given is on the condition that it is contingent upon the liability incurred not being covered or indemnified by an insurance policy taken out or should have been taken out ... Full story

BREACH OF WARRANTIES/CONDITIONS CLAUSE

Any breach of the within warranties without knowledge or consent of the Insured shall not prejudice this insurance provided notice in writing be given to the Company immediately upon such breach coming to their knowledge. Full story

ADDITIONAL AND DELETION CLAUSE

Additional personnel will be automatically held covered under this policy provided that notice of each addition be advised by the insured within 60 (sixty) days of the date of commencement of employment and the appropriate additional premium paid. Deletion of lives insured will be similar effected from the date of termination of their employment. Full story

HOLD HARMLESS CLAUSE

Neither the named Insured, nor any subsidiaries will enter into any contract whereby such named Insured hold any manufacturing parent harmless in respect of those parent’s products. . Full story

ALTERATION AND ADDITIONS TO OWNED OR OCCUPIED PREMISES

This policy provides indemnity for construction, alterations and additions to premises owned or occupied by the Insured up to a limit of USD1,000,000 any one contract. Full story

AIRCRAFT PRODUCTS LIABILITY CLAUSE

It is declared and agreed that policy does not cover claims arising out of the Insured’s Products that are used with the Insured’s knowledge in aircraft or aerial devices or machinery used to service and/or repair aircraft. . Full story

AIRSIDE LIABILITY

This policy does not provide indemnity for any damage to aircraft, passengers or crew while on board an aircraft. . Full story

Aggregate Deductible – Bagaimana penerapannya?

Aggregate Deductible – Bagaimana penerapannya?
Dalam beberapa penutupan asuransi, terutama asuransi harta benda (property) sering ada penerapan aggregate deductible, menurut teori AAMAI penerapan aggregate deductible sbb: (dari materi AAMAI 105 Bab 9)  E1  Aggregate Deductible Alasan Perusahaan Asuransi mengenakan deductible mungkin karena pengalaman klaim tertanggung yang buruk. Biasanya untuk melindungi keuangan terkait hal itu maka dikenakan deductible ... Full story

Konsorsium Asuransi Penyingkiran Kerangka Kapal : Wajibkah?

Beredar Surat OJK No.S-32/D.05/2015 Tentang Asuransi Penyingkiran Kerangka Kapal : Wajibkah Perusahaan Asuransi ikut Konsorsium untuk dapat menjual Asuransi Penyingkiran Kerangka Kapal (Wreck Removal Certificate)? Dengan mempertimangkan akumulasi risiko asuransi penyingkiran kapal dalam skala nasional yang cukup besar, maka diperlukan kapasitas asuransi yang memadai untuk menutup risiko dimaksud. Oleh karena itu, penyelenggaraan asuransi penyingkiran ... Full story

Asuransi Kecelakaan Diri : Klausul-Klausul Jaminan Tambahan

Silakan downloan di sini KLAUSUL KERUSUHAN, PEMOGOKAN DAN HURU HARA Menyimpang daripada ketentuan polis, Dengan ini dimengerti dan disetujui bahwa Polis ini diperluas untuk menjamin Tertanggung dari risiko Kematian, Cacat Tetap atau Biaya Pengobatan yang secara langsung disebabkan oleh Kerusuhan, Pemogokan dan Huru-Hara. Dengan ketentuan bahwa Tertanggung tidak secara sukarela terlibat ... Full story

Comprehensive General Liability – Additional Clauses

AIRSIDE LIABILITY AIRCRAFT PRODUCTS ALTERATION AND ADDITIONS TO OWNED OR OCCUPIED PREMISES ADDITIONAL POLICY CONDITIONS ADDITIONAL AND DELETION BREACH OF WARRANTIES/CONDITIONS CLAUSE CONTINGENCY LIABILITY TO TENANTS CLAUSE CONTINGENT LIABILITY FOR NON-OWNED AND HIRED AUTOS CONTINGENT LIABILITY FOR ... Full story

Comprehensive General Liability – Additional Clauses

Please download here AIRSIDE LIABILITY This policy does not provide indemnity for any damage to aircraft, passengers or crew while on board an aircraft. AIRCRAFT PRODUCTS It is declared and agreed that exclusion 4.6.3 “Aircraft Products” is replaced by the following: ... Full story

Comprehensive General Liability Exclusions Clauses

PROPERTY OWNERS EXCLUDING TRADE RISK ROAD/FOOTPATH CONSTRUCTION CONSTRUCTION EXCLUSION DEMOLITION TREE LOPPING REMOVAL/WEAKENING OF SUPPORTS... Full story

Liability Exclusions Clause

Here are some Liability Exclusions Clauses commonly attached to the Comprehensive General Liability (CGL) Policy   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 ... Full story

Car Park Liability (Including Valet Parking)

It is hereby declared and agreed notwithstanding anything contained herein to the contrary that this Policy extends to indemnify the Insured against all sums which the Insured shall become legally liable to pay as compensation in respect of:- (a)    Death, bodily injury or property damage as within defined arising from the use of the 'Car Park'.... Full story

Underground Property / Downhole Exclusion Clause

This Policy does not cover liability in respect of Personal Injury or Property Damage arising from or contributed to by: Destruction of Underground Property. The increased cost of reducing, converting or extracting any Underground Property to physical possession above the surface of the earth, or to the expense incurred or rendered necessary to prevent ... Full story
Copyright © 2024 ahliasuransi.com. Ahliasuransi is a registered trade mark. All rights reserved. Managed by PT Ahliasuransi Manajemen Indonesia - Specialist Insurance Training & Consultant.
Powered by WordPress.org, Custom Theme and ComFi.com Calling Card Company.