Expediting Expenses

This Policy will indemnify the Insured, in respect of the difference in costs between those calculated at normal or standard rates of reimbursement, and those actually incurred including costs for overtime, work on public holidays and weekends, shift working and express freight provided that such costs:
(a) are necessarily and reasonably incurred by the Insured for the purpose of preventing or minimising any delay in completion of the Project solely due to insured Loss; and
(b) shall not include any costs for air freight; and
(c) shall not exceed the percentage, as specified in the Schedule, of the costs which would have been indemnified had this Condition not applied

About the Author

has written 1831 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.