Y2K – LIABILITY

Risks : PLI

The Indemnity will not apply to legal liability

Of whatsoever nature directly or indirectly caused by or constributed to by or arising from the failure of any computer or other equipment or system for processing storing not retrieving data, whether the property of the Insured or not, and whether occurring before, during or after the year 2000

1. Correctly to recognize any date as its true calendar rate.
2. To capture save or retain, and/or correctly to manipulate, interpret or process any data or information or command or instruction as a result of treating any date otherwise as its true calendar date.
3. To capture save retain or correctly to process any data as result of the operation of any command which has been programmed into any computer software being a command which causes th loss of data or the inability to capture save retain or correctly to process such data on or after any date.

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Biasa dilekatkan pada polis Public Liability.

Comprehensive General Liability Insurance – CGL Asuransi yang memberikan perlindungan bagi tertanggung terhadap tuntutan hukum dari pihak ketiga. Liability Insurance umumnya dikenal sebagai Comprehensive General Liability Insurance dalam dunia asuransi.

Dalam asuransi tanggung gugat dikenal istilah pihak ketiga (third party). Pihak ketiga adalah pihak yang tidak termasuk dalam kategori pihak pertama (tertanggung) dan pihak kedua (penanggung).