MR-118 Drilling work for water wells

MR-118 Drilling work for water wells

MR-118 Drilling work for water wells

Endorsement 118

Drilling work for water wells

It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the cover for well drilling work shall be restricted to loss or damage due to or resulting from the following named perils:

– earthquake, volcanism, tsunami

– storm, cyclone, flood, inundation, landslide

– blow-out and/or cratering

– fire/explosion

– artesian waterflow

– mud loss, which cannot be overcome by known practices

– collapse of hole including collapse of casing due to abnormal pressure or heaving shales, which cannot be overcome by known practices

The indemnity shall be calculated on the basis of the costs (including material) spent for drilling the well up to the very moment when the first phenomena of the above perils are apparent and the well has to be abandoned due to a hazard insured against, and the Insured shall bear a deductible of 10% of the loss amount, minimum as stated below for any one occurrence.

Special exclusions

The Insurers shall not be liable for

– loss of or damage to drilling rig and drilling equipment (for which the drilling contractor may conclude a special insurance),

– costs of fishing operations of all kinds,

– costs of reconditioning and workover operations to restore well conditions including all stimulation work (acidizing, fracturing, etc.).

Deductible: 10% of the loss amount, minimum anyone occurrence


Update Berita


MR-118 Drilling work for water wells

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.

Informasi lebih lanjut silahkan hubungi petugas kami atau kunjungi https://carakamulia.net/

Share The Knowledge!
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •