insurance clauses caraka mulia pialang asuransi

The Return of Premium Clause (1/3 Premium) – BI

The Return of Premium Clause (1/3 Premium) – BI Risks : Business interruption If the Insured declares at the latest six months after the expiry of any policy year that the Gross Profit earned during the accounting period of twelve months most nearly concurrent with any period of insurance, as certified by the Insured’s auditors, […]

insurance clauses caraka mulia pialang asuransi

PUBLIC UTILITIES – BI

PUBLIC UTILITIES – BI Risks : BI Any loss as insured by this policy resulting from interruption of or interference with the Business in consequence of loss destruction or damage at the undernoted situations or to property as undernoted shall be deemed to be an incident. Property at any a. Generating station or sub-station of […]

insurance clauses caraka mulia pialang asuransi

CLOSURE BY ORDER OF A PUBLIC AUTHORITIES

CLOSURE BY ORDER OF A PUBLIC AUTHORITIES Risks : BI Notwithstanding anything contained in this policy to the contrary, loss as insured by the Policy resulting from interruption of or interference with the Business directly or indirectly arising from : (a) closure or evacuation of the whole or part of the Premises by order of […]

insurance clauses caraka mulia pialang asuransi

AUDITORS’ CHARGES CLAUSE

AUDITORS’ CHARGES CLAUSE-BI Risks : BI The liability of underwriters is limited to the reasonable charges payable by the insured to their auditors for producing and certifying any particulars or details contained in the insured’s books of account or the business books or documents or such other proofs, information or evidence as may be required […]

insurance clauses caraka mulia pialang asuransi

ALTERNATIVE TRADING CLAUSE

ALTERNATIVE TRADING CLAUSE Risks : BI If during the indemnity period goods shall be sold or services be rendered elsewhere than at the premises for the benefit of the business either by the Insured or by others on the Insured’s behalf the money paid or payable in respect of such sales or services shall be […]

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ADDITIONAL INCREASED IN COST OF WORKING

ADDITIONAL INCREASED IN COST OF WORKING “The insurance under this item is limited to increase in cost of working (not otherwise recoverable hereunder) necessarily and reasonably incurred during the Indemnity Period in consequence of the damage for the purpose of avoiding or diminishing reduction in Turnover and/or resuming and/or maintaining normal business operations and/or services.” […]

insurance clauses caraka mulia pialang asuransi

ADDITIONAL EXPENDITURE CLAUSE

ADDITIONAL EXPENDITURE CLAUSE Risks : BI It is hereby noted and agreed that in the event of any loss in respect of Property covered under the Policy an increase of 10% of the Original Sum Insured of Business Interruption per anumm shall be allowed over and above the original Sum Insured stated in the Certificate […]

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ACCUMULATED STOCK

ACCUMULATED STOCK   Risks : BI   In adjusting any loss account shall be taken and an equitable allowance  made if any reduction in Turnover due to the incident is postponed by reason of the Turnover being temporarily maintained from accumulated stocks of finished goods.   OTHER VERSIONS   In adjusting any loss account shall […]

insurance clauses caraka mulia pialang asuransi

ACCIDENTAL FAILURE OF PUBLIC SUPPLY

ACCIDENTAL FAILURE OF PUBLIC SUPPLY Risks : BI Any loss as insured by this policy resulting from interruption of or interference with the Business in consequence of loss destruction or damage at the undernoted situations or to property as undernoted shall be deemed to be an incident. The Contingencies The accidental failure of The public […]

Business Interruption Insurance

Business Interruption Insurance adalah Asuransi gangguan usaha (juga dikenal sebagai asuransi pendapatan bisnis) merupakan jenis asuransi yang mencakup hilangnya pendapatan bahwa bisnis menderita setelah bencana. Hilangnya pendapatan tertutup mungkin karena penutupan yang terkait dengan bencana fasilitas bisnis atau karena proses pembangunan kembali setelah bencana. Ini berbeda dari asuransi properti dalam polis asuransi properti hanya mencakup kerusakan fisik bisnis, […]