MINOR CONSTRUCTION AND ERECTION CLAUSE

It is hereby declared and agreed that this policy is extended to cover property under construction or erection subject to the project having a contract value of USD……./ unlimited or less but cover excludes testing and commissioning absolutely.

This extension in coverage strictly excludes Business Interruption and/or Advance Loss of Profit.

About the Author

has written 1737 stories on this site.

One Comment on “MINOR CONSTRUCTION AND ERECTION CLAUSE”

  • Dany wrote on 23 February, 2018, 14:17

    Pak Imam,
    apakah clause ini bs override exclusion section 1 polis PAR
    1.1 property in the course of construction or
    erection ??

    Hanya untuk perbaikan kecil saja. tidak membatalkan exclusion section 1.1.
    Buy-back untuk Exclusion 1.1. biasanya rekan-rekan tempel klausul “Property under course of construction / erection dengan limit sekian…)

Write a Comment

Gravatars are small images that can show your personality. You can get your gravatar for free today!

*

Copyright © 2018 AHLIASURANSI.com. All rights reserved. Managed by Imam MUSJAB
Powered by WordPress.org, Custom Theme and ComFi.com Calling Card Company.