CLAIM SETTLEMENT CLAUSE

  1. Insurers shall under this section, subject to the terms and conditions of the Policy, indemnity the Insured on the basis of the full cost of repairing, reinstating, or replacing property lost or damage even though such costs may vary from the original construction costs excluding Value Added Tax (PPN)
  2. It is agreed that all money properly due in settlement of claim under this section of the policy shall be paid to ………….. or their order.

About the Author

has written 1832 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 © 2020 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.