MR-110 Special conditions concerning safety measures with respect to precipitation flood and inundation
MR-110 Special conditions concerning safety measures with respect to precipitation flood and inundation
Endorsement 110
Special conditions concerning safety measures with respect to precipitation, flood and inundation
It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurers shall only indemnify the Insured for loss, damage or liability caused directly or indirectly by precipitation, flood or inundation if adequate safety measures have been taken in designing and executing the project involved.
For the purposes of this Endorsement adequate safety measures shall mean that, at all times throughout the policy period, allowance is made for precipitation, flood and inundation up to a return period of 20 years for the location insured on the basis of the statistics prepared by the meteorological agencies.
Loss, damage or liability resulting from the Insured’s not immediately removing obstructions (e.g. sand, trees) from watercourses within the construction site, whether carrying water or not, in order to maintain free waterflow shall not be indemnifiable.
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MR-110 Special conditions concerning safety measures with respect to precipitation flood and inundation
Contractors All Risks Insurance adalah asuransi yang menutup risiko-risiko pekerjaan Teknik Sipil (bangunan) yang biasanya dilakukan oleh orang atau badan hukum lain (kontraktor). Secara garis besar Asuransi Contractors All Risks memberi jaminan sebagai berikut :
Bagian I : Kerusakan Bangunan Proyek (Material Damage)
Bagian II : Tanggung Jawab Hukum terhadap Pihak Ketiga (TPL)
Bagian III : Kehilangan Keuntungan (Advance Loss of Profit)
Kerugian atau kerusakan yang dijamin adalah bersifat tiba-tiba, tak terduga atau terjadi di lokasi pembangunan (site) selama masa pembangunan (masa pertanggungan).
MANFAAT ASURANSI CONTRACTORS ALL RISKS
Asuransi ini memberikan jaminan keuangan bagi tertanggung agar usaha mereka tidak terganggu walaupun terjadi suatu kerusakan/kerugian atas obyek pertanggungan.
Tertanggung mendapat jaminan bahwa pekerjaannya dapat terus dijalankan walaupun mengalami suatu kerugian dan jangka waktu kerugian dapat diperpendek serta cadangan biaya yang telah disediakan tertanggung untuk menanggulangi kerugian yang dapat diperkecil.
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