insurance clauses caraka mulia pialang asuransi

Misdescription of property insured clause

Misdescription of property insured clause

In the event of an unintentional misdescription of the location at which property insured is physically situated or the unintentional failure to include any property in which the insured has an insurable interest, this policy shall cover physical loss or damage to such property as if the errors had not occurred providing the value of the property insured
does not exceed 10% of the property values declared to this policy or any other limit of indemnity specified in the schedule and such error is reported to the insurer by the insured immediately following discovery.

Klausula ini sebaiknya dilekatkan didalam polis asuransi, untuk mempertegas Kondisi Umum polis yang diberlakukan pada polis-polis standar, contohnya Polis Munich Re untuk Industrial Property All Risks dimana ketentuan didalam polis bakunya ada ketentuan sbb :

General Condition applying to all Sections

1. Definition
The Schedule(s) the Section(s) and the Endorsement(s) and Questionnaire(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(s) the Section(s) and the Endorsement(s) and Questionnaire(s). Any word or expression to which a specific meaning has been attached in any part of a Section or of the Endorsement or Questionnaire shall bear such meaning wherever it may appear in such Section, Endorsement or Questionnaire.

2. Policy Voidable
This policy shall be voidable in the event of misdescription, misrepresentation or nondisclosure in any material particular.