Archive for January, 2022

Sister Car Clause

In the event of collision between motor vehicle owned by the Insured, and which are insured under this Policy, only one Physical Damage Deductible will apply. Should different deductible apply to the vehicle insured, the largest deductible applying will apply. Klausul Sister Car Jika terjadi tabrakan antara kendaraan bermotor yang dimiliki oleh Tertanggung, dan yang diasuransikan berdasarkan Polis ini, hanya satu Risiko Sendiri yang ... Full story

Completely Built-Up (CBU) Motor Vehicle Mandatory Clause

Notwithstanding anything herein contained to the contrary, It is hereby noted and agreed that in respect of a `Completely Built-Up' Motor Vehicle is subject to the following provisions: If immediately prior to the loss/damage, the Sum Insured is equal to or higher than the CIF price of a similar vehicle (Completely Built Up Motor Vehicle) plus import duties, then the basis ... Full story
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