PRIVATE WORKS FOR DIRECTORS AND EXECUTIVES

This policy shall indemnify the Insured and any Directors or Executives of the Insured in respect of their private duties :

Provided that :

  1. Such Director and/or Executive is not entitled to indemnity under any other Policy or policies.
  1. The extension by this endorsement shall not apply to or include liability in respect   of    injury   to  any   person   under   a   contract   of  service   or apprenticeship with  the  Director and Executive where the injury arise out of and  in  the   course  of   such person’s employment or service with the Director and/or Executive.
  1. h Director and/or Executive shall as though he were the Insured observe fulfill and be subject to the terms, exceptions, limits and conditions of this policy so far as they can apply.
  2. The extension by this endorsement shall not operate to increase the company’s liability as set forth in the schedule under the heading of limit of indemnity beyond the amount or amounts for which the company would be liable if the policy were not so extended.

Subject otherwise to the terms, exceptions and conditions of the Policy.

About the Author

has written 1869 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 © 2024 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.