The Insurers may so far as any accident is concerned pay to the Insured the limit of indemnity for any one accident (but deducting therefrom in such case any sum or sums already paid as compensation in respect thereof)
No admission, offer, promise, payment or indemnity shall be made or given by or on behalf of the Insured without the written consent of the Insurers who shall be entitled, if they so desire, to take over and conduct in…
The Insurers will not indemnify the Insured in respect of: liability consequent upon : any agreement by the Insured to pay any sum by way of indemnity or otherwise unless such liability would have attached also in the absence of…
The Insurers will not indemnify the Insured in respect of: liability consequent upon : any accident caused by vehicles licensed for general road use or by waterborne vessels or aircraft;
The Insurers will not indemnify the Insured in respect of: liability consequent upon : loss of or damage to property belonging to or held in care, custody or control of the Contractor(s), the Principal(s) or any other firm connected with…
The Insurers will not indemnify the Insured in respect of: liability consequent upon : bodily injury to or illness of employees or workmen of the Contractor(s) or the Principal(s) or any other firm connected with the project which or part…
The Insurers will not indemnify the Insured in respect of: damage to any property or land or building caused by vibration or by the removal or weakening of support or injury or damage to any person or property occasioned by…
The Insurers will not indemnify the Insured in respect of: the expenditure incurred in doing or redoing or making good or repairing or replacing anything covered or coverable under Section I of this Policy;
The Insurers will not indemnify the Insured in respect of: the deductible stated in the Schedule to be borne by the Insured in any one occurrence;
The Insurers will indemnify the Insured up to but not exceeding the amounts specified in the Schedule against such sums which the Insured shall become legally liable to pay as damages consequent upon: accidental loss of or damage to property…
The Insurers will indemnify the Insured up to but not exceeding the amounts specified in the Schedule against such sums which the Insured shall become legally liable to pay as damages consequent upon: accidental bodily injury to or illness of…
Extra Charges for overtime, nightwork, work on public holidays, express freight are covered by this insurance only if previously and specially agreed upon in writing.
in the case of a total loss -- the actual value of the items immediately before the occurrence of the loss less salvage, however, only to the extent the costs claimed had to be borne by the Insured and to…
in the case of damage which can be repaired - the cost of repairs necessary to restore the items to their condition immediately before the occurrence of the damage less salvage, or the cost of repairs necessary to restore the…
for items 2 and 3 : the replacement value of construction plant, equipment and machinery; which shall mean the cost of replacement of the insured items by new items of the same kind and capacity;
It is a requirement of this insurance that the sums insured stated in the Schedule shall not be less than for item 1 : the full value of the contract works at the completion of the construction, inclusive of all…
The Insurers shall not, however, be liable for: loss or damage discovered only at the time of taking an inventory.
The Insurers shall not, however, be liable for: loss of or damage to files, drawings, accounts, bills, currency, stamps, deeds, evidences of debt, notes, securities, cheques;
The Insurers shall not, however, be liable for: loss of or damage to vehicles licensed for general road use or waterborne vessels or aircraft;
The Insurers shall not, however, be liable for: loss or damage to construction plant, equipment and construction machinery due to electrical or mechanical breakdown, failure, breakage or derangement, freezing of coolant or other fluid, defective lubrication or lack of oil…
The Insurers shall not, however, be liable for: wear and tear, corrosion, oxidation, deterioration due to lack of use and normal atmospheric conditions;
The Insurers shall not, however, be liable for: the cost of replacement, repair or rectification of defective material and/or workmanship, but this exclusion shall be limited to the items immediately affected and shall not be deemed to exclude loss of…
The Insurers shall not, however, be liable for: loss or damage due to faulty design;
The Insurers shall not, however, be liable for: consequential loss of any kind or description whatsoever including penalties, losses due to delay, lack of performance, loss of contract;
The Insurers shall not, however, be liable for: the deductible stated in the Schedule to be borne by the Insured in any one occurrence;
The Insurers hereby agree with the Insured that if at any time during the period of cover the items or any part thereof entered in the Schedule shall suffer any unforeseen and sudden physical loss or damage from any cause,…
If a claim is in any respect fraudulent, or if any false declaration is made or used in support thereof, or if any fraudulent means or devices are used by the Insured or anyone acting on his behalf to obtain…
The Insured shall at the expense of the Insurers do and concur in doing and permit to be done all such acts and things as may be necessary or required by the Insurers in the interest of any rights or…
In the event of any occurrence which might give rise to a claim under this Policy, the Insured shall: inform the police authorities in case of loss or damage due to theft or burglary.
In the event of any occurrence which might give rise to a claim under this Policy, the Insured shall: and make them available for inspection by a representative or surveyor of the Insurers;\
In the event of any occurrence which might give rise to a claim under this Policy, the Insured shall: Take all steps within his power to minimize the extent of the loss or damage;
In the event of any occurrence which might give rise to a claim under this Policy, the Insured shall: immediately notify the Insures by telephone or telegram as well as in writing, giving an indication as to the nature and…
The Insured shall at his own expense take all reasonable precautions and comply with all reasonable recommendations of the Insurers to prevent loss, damage or liability and comply with statutory requirements and manufacturers' recommendations.
The Schedule and the Section(s) shall be deemed to be incorporated in and form part of this Policy and the expression "this Policy" wherever used in this contract shall be read as including the Schedule and the Section(s).
The due observance and fulfillment of the terms of this Policy in so far as they relate to anything to be done or complied with by the Insured and the truth of the statements and answers in the questionnaire and…
The liability of the Insurers shall commence, notwithstanding any date to the contrary specified in the Schedule, directly upon commencement of work or after the unloading of the items entered in the Schedule at the site. The Insurer’s liability expires…
Apa itu Asuransi Contractor’s All Risks (CAR/TPL)? Asuransi Contractor’s All Risks and Third Party Liability (CAR/TPL) adalah polis asuransi yang memberikan pertanggungan untuk kerusakan dan kehilangan material dan properti dan tuntutan hukum akibat cedera, meninggal dunia atau kerusakan harta benda…
Apa itu Asuransi Contractor’s All Risks (CAR/TPL)? Asuransi Contractor’s All Risks and Third Party Liability (CAR/TPL) adalah polis asuransi yang memberikan pertanggungan untuk kerusakan dan kehilangan material dan properti dan tuntutan hukum akibat cedera, meninggal dunia atau kerusakan harta benda…
Apa itu Asuransi Contractor’s All Risks (CAR/TPL)? Asuransi Contractor’s All Risks and Third Party Liability (CAR/TPL) adalah polis asuransi yang memberikan pertanggungan untuk kerusakan dan kehilangan material dan properti dan tuntutan hukum akibat cedera, meninggal dunia atau kerusakan harta benda…
Apa itu Asuransi Contractor’s All Risks (CAR/TPL)? Asuransi Contractor’s All Risks and Third Party Liability (CAR/TPL) adalah polis asuransi yang memberikan pertanggungan untuk kerusakan dan kehilangan material dan properti dan tuntutan hukum akibat cedera, meninggal dunia atau kerusakan harta benda…
Apa itu Asuransi Contractor’s All Risks (CAR/TPL)? Asuransi Contractor’s All Risks and Third Party Liability (CAR/TPL) adalah polis asuransi yang memberikan pertanggungan untuk kerusakan dan kehilangan material dan properti dan tuntutan hukum akibat cedera, meninggal dunia atau kerusakan harta benda…