Sanction Limitation and Exclusion Clause
- Friday, August 28, 2015, 6:46
- Features, S-Clauses
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The (re)insurer shall not provide cover nor be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose the insurer or any member of the insurer’s group to any sanction, prohibition or restriction under United Nations resolutions, Australian autonomous sanctions, or the trade or economic sanctions, laws or regulations of any country.
Klausul Pengecualian Sanksi
Perusahaan (re)asuransi tidak akan memberikan menjamin atau bertanggung jawab untuk membayar klaim atau memberikan manfaat apapun di bawah polis ini sejauh bahwa pemberian jaminan, pembayaran klaim atau pemberian manfaat tersebut akan menyebabkan perusahaan (re)asuransi atau anggota dari group perusahaan asuransi terkena sanksi, larangan atau pembatasan di bawah resolusi PBB, sanksi dari otoritas otonom Australia, atau sanksi perdagangan atau ekonomi berdasarkan hukum atau peraturan dari negara manapun
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