This Endorsement is attached to and forms an integral part of this Policy.It is hereby agreed and declared that:a. notwithstanding anything contained in CHAPTER II – EXCLUSIONS, Item 1.2.1. of this Policy to the contrary and subject to payment of additional premium, the Insurer agrees to extend this insurance as provided in this Endorsement.b. notwithstanding […]

This Endorsement is attached to and forms an integral part of this Policy It is hereby agreed and declared that : a) notwithstanding anything contained in CHAPTER II – EXCLUSIONS, Item 1.2.1.of this Policy to the contrary and subject to payment of additional premium, the Insurer agrees to extend this insurance as provided in this […]

Loss of Royalties, commissions or similar fees from a physical loss/damage to property (must be caused by a covered loss) of another not insured under the Policy.(irb/17.03.08) KLAUSUL ROYALTI – IRB Kehilangan royalti, komisi, atau biaya sejenisnya dikarenakan oleh kerugian/kerusakan fisik dari harta-benda (harus disebabkan oleh kerugian yang dijamin) milik orang lain, tidak dijamin di […]

Damage to own and third party locomotives aPs well as rolling stock at the insured location at time value. KENDARAAN YANG BERGERAK DI ATAS REL KERETA API Kerusakan atas lokomotif baik milik sendiri maupun milik pihak ketiga termasuk kerusakan atas kendaraan yang bergerak di atas rel kereta api di dalam lokasi Tertanggung sebesar nilai terkait […]

In the event of the Gross Profit earned (or aproportionately increased multiple thereof when the maximum indemnity period exceeds twelve months) during the accounting period of twelve months most nearly concurrent with any period of insurance as certified by the Insured’s auditors being less than the sum insured thereon, a pro-rata return of premium not […]

In the event of the Gross Profit earned (or a proportionately increased multiple thereof when the maximum indemnity period exceeds twelve months) during the accounting period of twelve months most nearly concurrent with any period of insurance as certified by the Insured’s auditors being less than the sum insured thereon, a pro-rata return of premium […]

Electronic equipment or any part thereof shall be valued at the cost to repair or replace new as of the time of replacement, except that with respect to items for which replacement with identical property is imposible, the replacement cost shall be the cost of item similiar to the item insured and intended to perform […]

It is hereby declared and agreed that in the event of the property insured under Machinery Breakdown Extension Clause within this Policy being the subject to a claim, the basis upon which the amount payable under the Policy is to be calculated, shall be the reasonable cost of replacing or reinstating property of the same […]

This policy is held to indemnify loss or damage cause by fault or work or lack of skill during the work of repair and cleaning to the subject matter of the insurance. KLAUSUL PERBAIKAN Polis ini diterbitkan untuk mengganti kerugian atau kerusakan yang diakibatkan oleh kesalahan atau pekerjaan atau kurangnya keterampilan selama perbaikan dan pembersihan […]

It is hereby agreed and declared that in the event of the said premises or any part thereof becoming untenantable as a result of its destruction or damage by fire or any other peril hereby insured against, the Insurer will, subject to the conditions hereinafter contained, indemnify the Insured for loss of rent in accordance […]