Posts Tagged ‘CAPITAL ADDITIONS CLAUSE (Limit – 10% of Sum Insured)’

CAPITAL ADDITIONS CLAUSE (Limit – 10% of Sum Insured)

The insurance hereby extends to cover alterations, additions and improvements (but not appreciation in value) in excess of the sums insured for buildings and machinery specified in the Policy for an amount not exceeding 10% of the sums insured thereby or USD ........ Whichever is the less, it is being understood that the Insured undertakes to advise the Insurer each quarter ... Full story
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.