Archive for April, 2020

LMA5396 Communicable Disease Exclusion (For use on liability policies)

COMMUNICABLE DISEASE EXCLUSION (For use on liability policies) 1. Notwithstanding any provision to the contrary within this policy, this policy does not cover all actual or alleged loss, liability, damage, compensation, injury, sickness, disease, death, medical payment, defence cost, cost, expense or any other amount, directly or indirectly and regardless of any other cause contributing concurrently or in any sequence, originating from, caused by, arising out of, ... Full story

Risk Management Guidance on Unoccupied Premises during Covid-19 Pandemic

Pedoman Manajemen Risiko untuk Bangunan yang ditutup selama Pandemi Covid-19 Banyak pertanyaan mengenai apa yang harus dilakukan jika menerima pemberitahuan dari klien sehubungan dengan penutupan bangunan kantor, mal, pabrik atau tempat usaha selama Pandemi Covid-19 Jika bangunan ditutup sementara atau berhenti beroperasi, terdapat peningkatan risiko yang mungkin terjadi akibat tidak adanya pemeliharaan dan penjagaan yang rutin dilakukan sebagaimana biasanya. Namun ... Full story

LMA5395 Coronavirus Exclusion (for use on marine and energy liability policies)

CORONAVIRUS EXCLUSION (for use on marine and energy liability policies) This clause shall be paramount and shall override anything contained in this insurance inconsistent therewith. This insurance excludes coverage for: 1) any loss, damage, liability, cost, or expense directly arising from the transmission or alleged transmission of: a) Coronavirus disease (COVID-19); b) Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2); or c) any mutation or variation of SARS-CoV-2; or from any fear or threat of ... Full story

New Bulk Oil Clauses (2019)

Further to revisions of other clauses, the Joint Cargo Committee has now drafted a new set of Bulk Oil Clauses and Storage Clauses which, following broker consultation, are available for immediate use, as appropriate. CL433 Institute Bulk Oil Clauses/All Risks + Guaranteed Outturn 01/08/2019 CL434 Institute Bulk Oil Clauses - All Risks 01/08/2019 CL435 Liquid Cargo Storage Extension Clause 01/08/2019... Full story

LMA5394 COMMUNICABLE DISEASE EXCLUSION (PROPERTY TREATY REINSURANCE)

1. Notwithstanding any provision to the contrary within this reinsurance agreement, this reinsurance agreement excludes any loss, damage, liability, claim, cost or expense of whatsoever nature, directly or indirectly caused by, contributed to by, resulting from, arising out of, or in connection with a Communicable Disease or the fear or threat (whether actual or perceived) of a Communicable Disease regardless of ... Full story

LMA5393 COMMUNICABLE DISEASE ENDORSEMENT

COMMUNICABLE DISEASE ENDORSEMENT (For use on property policies) 1. This policy, subject to all applicable terms, conditions and exclusions, covers losses attributable to direct physical loss or physical damage occurring during the period of insurance. Consequently and notwithstanding any other provision of this policy to the contrary, this policy does not insure any loss, damage, claim, cost, expense or other sum, directly or ... Full story

LMA5391 CORONAVIRUS EXCLUSION

Your Insurance Policy does not / This Insurance does not {delete as applicable} cover any claim in any way caused by or resulting from: a) Coronavirus disease (COVID-19); b) Severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2); c) any mutation or variation of SARS-CoV-2; d) any fear or threat of a), b) or c) above. LMA5391 04 March ... Full story

Is Coronavirus Covered by Workers’ Compensation or Employers’ Liability Insurances?

Apakah Polis Asuransi Jaminan Kecelakaan Kerja (Workers’ Compensation Insurance) atau Tanggung Jawab Hukum Majikan (Employers’ Liability Insurance) Menjamin Klaim Akibat Virus Corona? Penjelasan detail dalam format pdf dapat di download di sini : WCoronavirus Penyakit koronavirus 2019 (bahasa Inggris: coronavirus disease 2019, disingkat COVID-19) adalah penyakit menular yang disebabkan oleh ... Full story

Infectious or Contagious Diseases Exclusion Clause

This Policy does not cover Liability or Loss or Damage or Cost or Expense arising directly or indirectly caused by or arising out of, contributed to or aggravated by Severe Acute Respiratory Syndrome (SARS), Coronavirus (COVID-19), H5N1, H1n1, and any mutation of H5N1 and all other infectious or human contagious diseases. Klausul Pengecualian Wabah Penyakit Infeksi atau Penyakit Menular Polis ini ... Full story
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