Selvi Aldriani, The Milestone

Risks : VAR Y2K Partial Exclusion Clause There is no insurance under this policy in respect of any claim of whatsoever nature which arises directly or indirectly from or consists of the failure of any : a.Electronic circuit, microchip, integrated circuit, microprocessor, embedded system , hardware, software, firmware, program, computer, data processing equipment, telecommunication equipment or systems, or any similar device. b.Media or systems used in connection with any of the foregoing Whether the property of the Insured or not, at any time to achieve any or all the purposes and consequential effects intended by the use of any number, symbol or word to denote a date. Including without limitation, the failure or inability to recognize, capture, save, retain or restore and/or correctly to manipulate, interpret, transmit, return, calculate or process any date, data, information, command, logic or instruction as a result of i). Recognizing, using or adopting any date, ...

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.

Risks : PLI “notwithstanding anything contained herein to the contrary, this policy is extended to include damages : a) Resulting from wrongful arrest (including assault inconnection with such wrongful arrest b) In respect of defamation Provided that the liability of the Insurer under each of a and b shall be limited to in respect of any one event or series of events with one original cause or source

Risks : IAR Workmen are allowed in and/or about any of the described premises for the purpose of making new erections or alterations, repair, decoration, plant installation, general maintenance and the like without prejudice to the terms and conditions of the Policy.

Risks : PLI It is hereby declared and agreed that this policy extends to cover liability arising out of water, flood and fumes

Risks : VAR Notwithstanding anything to the contrary contained herein this policy does not cover Loss or Damage directly or indirectly occasioned by, happening through or in consequnece of war, invasion, acts of foreign enemies, hostilities, or war like operations (whether war be declared or not), civil war, insurrection / popular rising, rebellion, revolution, military or ursurped power or confiscation or nationalism or requisition or destruction of or damage to property by or under the order of any government or public or local authority.

Risks : VAR In the event of claim arising under this policy it is agreed that the Company waives all rights, remedies or relief to which it might become entitled by subrogation against any of parties comprising the Insured herein.

Risks : CEAR It is agreed that the Insurance by this section extends to include all sums which the Insured shall become legally liable to pay in connection with damage to property other than property insured under section 1 caused by collapse, subsidence, vibration, weakening or removal of support of lowering of ground water arising out of or in the course of or by reason of the carrying out to the Insured Contracts. 1. Caused by the negligence, omission or default of the Contractor, his servants or agents or any of their Co-Contractors, Sub-Contractors and Suppliers their servants or agents. 2. Attributable to errors or omission in the designing of the work.

Risks : IAR In the event of the Insured’s Property being left loaded in Vehicles or freight containers overnight while in, on or about the premises hereby insured the Insurer will indemnify the Insured for the loss of or damage to such Property caused by fire or any other peril insured hereby, provided always that the Insurer’s Liability shall not exceed the sum insured of Property under the Policy.

This Policy is extended to cover computers system records including software, documents, manuscripts, valuable papers, securities, deeds micro-inscribed documents, specifications, plans, maps, films, mortgages, abstract, drawing, designs, books, business books, media and the data recorded thereib abd other records if every description, the cost and expenses of reinstating replacing reproducing or restoring the same, including : a. The cost of gathering and/or assembling and/or researching the information b. Information contained therein or thereon But excluding the value to the Insured of the said information or, if such is note requires, the replacement cost of materials as blank stationary at the time and place of the Damage. “Valuable Papers and Records” is defined as written, printed or otherwise inscribed documents and records including but not limited to books, maps, films, drawings, abstracts, deeds, mortgages, micro inscribed documents, manuscripts, and media and the date reco...

Risks : PLI It is hereby understood and agreed that this policy extends to indemnify the Insured for claims in respect of bodily injury or damages to the property arising out of the use of vehicles (not licensed for public road) in and around the premises for the purpose of property maintenance and repair.

All Transmission and distribution lines, including wire, cable, poles, pylons, standard towers and any equipment of any type of which may be attendant to such installation of any description. This exclusion includes but is not limited to transmission or distribution of electrical power, telephone or telegraph signal and all communication signal whether audio or visual. This exclusion applies to both above and below ground equipment except that which is within 1,000 meters of the insured’s premises or as defines in the Insurer’s policy(ies) This exclusion applies both to physical or damage to the equipment and all business interruption, consequential loss and/or other contingent losses related to transmission and distribution lines. Another Version This Insurance does not cover any loss, damage, costs or expense to any type pf above ground conductors for the transmission or distribution of electrical energy. Telephone, or telegraphic signals, and all communication signal whether audio ...

Risks : VAR Both the Insurer and the Insured are entitled to terminate this insurance upon thirty (30) days notice in writing being given. Such termination should be effected to the registered letter and the Insured entitle to a pro-rata return premium for the unexpired period of Insurance.

Risks : BT, TI, IAR It is hereby noted and agreed that in consideration of the Insured having paid an additional premium, this policy shall be extended to cover loss and/or damage to the insured property caused by Theft without any visible violent or forcible entry to the insured premises, provided always that this endorsement shall be deemed to exclude property stored in the open air.

Risks : IAR Notwithstanding any provision to the contrary within this insurance or any endorsement thereto, it is agreed that this insurance exclude loss, damage, cost of whatsoever nature directly or indirectly caused by, resulting from or in connection with any act of terrorism regardless of any other cause or event contributing concurrently or in any other sequence to the loss. For the purpose of this endorsement an act of terrorism means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group (s) of persons, whether acting alone or on behalf of or in connection with any organization(s) or government(s), committed for political, religious, ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public, in fear. This endorsement also excludes loss, damage, cost or expense of whatsoever nature directly or indirectly caused by, resulting from or i...

Risks : IAR TENANTS IMPROVEMENTS CLAUSE The insurance by this Policy extends to include tenants improvements and alteration to Landlord’s property insofar as the Insured is responsible therefore..

Risks : IAR TEMPORARY REMOVAL CLAUSE It is hereby agreed that the property insured by this Policy (other than any stock in trade or merchandise) is covered in respect of the perils hereby insured against whilst temporarily removed for cleaning, renovation, repair or other similar purposes, elsewhere on the same premises or any other premises in the Republic of Indonesia and in transit thereto and therefrom by road. Provided always that: 1. The amount recoverable under this Extension in respect of each item of this Policy shall not exceed the amount which would have been recoverable …the loss occurred in that part of the premises from which the property temporarily removed nor, in respect of any loss occurring elsewhere than …the said premises, 10% of the sum insured by this Policy after deductible therefrom the value of any building (exclusive of fixtures and fittings) stock in trade or merchandise hereby insured. 2. This extension does not apply to property if and so far as it is ot...

Risks : IAR Subject to the terms, conditions and exclusions of the policy, loss resulting from interruption of or interference with the Business in consequence of Damage to : a. property of suppliers, manufactures or processors of components, goods, materials, suppliers of service or other facilities and their suppliers. b. Property of customers c. Property whilst in transit by road, rail or inland waterway. Anywhere in the World is regarded as due to the insured Events insured by the Specification shall be deemed to be the loss resulting from Damage to property of the Insured.

Risks : PLI, CEAR, MARINE CARGO  In case of actual or imminent, with prior notice to and approval from the Insurers, loss or damage, it shall be lawful and necessary for the Insured, his or their factors, servants or assign to use, labor and travel for, in and about the defense, safeguard and recovery of the property insured hereunder, or any part thereof without prejudice to this insurance, nor shall the acts of the insured or the insurers in recovering, saving and preserving the insured property in case of loss or damage, be considered a waiver or abandonment, to the charge whereof, the Insurers will contribute according to the rate and quantity of the sum herein insured.

Risks : PLI It is explicitly agreed and noted that this policy applies to cover bodily injury or property damage arising out of such pollution caused by a sudden, unintended and unexpected happening.

It is hereby noted and agreed that, this policy shall also cover the peril of subsidence, landslip or landslide except: Subsidence, landslip or landslide caused by: - faulty construction of the building or structure - faulty design of the building or structure - soil damage due to human action - nuclear reaction.

Risks : IAR It is hereby noted and agreed, that the structural alteration and extension of the buildings mentioned in this Policy is allowed, as are the erection of new building, installation, reinstallation, replacement of machines, tools, implements, piping or other installation and objects as well as to move all these within the premises. In case of removal or demolition of an insured object this insurance will cover the new items substituting the removed or demolished objects up to the original amount insured.

Risks : IAR – STOCK ADJUSTABLE 1. In consideration of the premium by this policy being provisional in that it is calculated on 75 % of the sum insured hereby and is subject to adjustment on expiry of each period of insurance : The Insured agrees to declare to the Insurer in writing the value of his stocks (other than retail), less any amount insured by Policies other than declaration policies, on the following basis namely the average of the values at risk during the month and to make such declaration within thirty days of the last day of the calendar month, such declaration to be signed by the Insured or by a responsible person authorized to sign on his behalf. If other policies on a declaration basis cover the stocks hereby insured the declaration shall be made so as to apportion to each policy a share of the value of the stocks insured under such declaration policies, pro rata to the respective amounts named in the policies. In the event of a declaration not being made wi...

Risks : PA It is hereby declared and agreed that subject to its terms limitations and conditions the within policy is extended to cover the insured against death or disablement directly or indirectly caused by riots and civil commotion, murder and assault (other than provoked assault) provided that the insured is not voluntarily engaged in riots and civil commotion or political demonstrations.

Risks : MI STRIKE, RIOT AND CIVIL COMMOTION CLAUSE It is agreed and understood that otherwise, subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, this policy shall be extended to cover loss or damage due to strike, riot and civil commotion which for the purpose of this endorsement shall mean (subject always to the special conditions hereinafter contained) loss of or damage to the property insured directly caused by : 1. The act of any person taking part together with others in any disturbances of the public peace (whether in connection with a strike or lock-out or not) 2. The action of any lawfully constituted authority in suppressing or attempting to suppress any such disturbance or in minimizing the consequences of any such disturbance. 3. The willful act of any striker or locked-out worker done in furtherance of a strike or in resistance to lock-out. 4. The actio...

Risks : IAR It is hereby agreed and declared that the insurance under the policy shall extend to cover loss or damage to the property insured caused by water accidentally discharged or leaking from the Automatic Sprinkler Installation subject to First Loss Sum Insured and subject to a deductible of any one location and further subject to all the usual conditions of the policy and the following special conditions : 1.The liability if the company shall in no case under this endorsement and the policy exceed the sum insured by each item of the policy. 2.Further provided that such discharge or leakage of water shall not be occasioned by or happen trough : A.Repairs or alteration to the buildings or premises B.The automatic sprinkler installation being either repaired, removed or extended. C.The order of the Government or of any municipal local or other competent Authority D.Defects in construction or condition of which the insured is aware. E. Condensation or depos...

Risks : IAR - STOCK It is hereby agreed and declared that this insurance covers loss of or damage to the insured property caused by its own spontaneous combustion, notwithstanding anything stated to the contrary on the printed conditions of the policy.

Risks : MB It is hereby noted and agreed tha in the event of a recoverable loss under this policy, the liability shall extend to include any loss or damage to the stock in process subject to the terms and conditions of the policy.

Risks : IAR It is hereby expressly understood and agreed that in consideration of the payment of an additional premium as arranged, this policy also covers loss or damage to any generator, motor, transformers, and/or any other electrical machine and/or electrical installation cause by short circuit and self heating.

Risks : EEI SPECIAL CONDITION CONCERNING X-RAYS FILMS (EEI) It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, the Insurers shall not indemnify the Insured in respect of any costs incurred in connection with any loss of or damage to films used for X-ray equipment unless such loss or damage arises in direct consequence of an indemnifiable loss of or damage to the X-ray film cassettes.

Risks : EEI It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, the Insurers shall waive all rights of subrogation arising out of loss or damage indemnifiable under the Policy which the insurers may have against persons using the insured items with the consent of the Insured.

Risks : EEI It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the Insurer’s liability in respect of electronic data processing equipment the manufacture of which has been discontinued, or for which spare parts are no longer available (obsolete equipment), shall be restricted to the period of business interruption which would arise if a current model or type of data processing system of equal performance had to be repaired or replaced.

Risks : EEI It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, the following shall apply in respect of EDP equipment insured under a separate policy in connection with a hire or lease contract: Section 2 and/or 3 of the Policy shall be read as if the EDP equipment were insured under Section 1 of the Policy. This shall apply only up to the actual extent of cover provided by the separate policy, but in no case beyond the cover given under Section 1 of the Policy.

The subscribing insurers’ obligations under policies to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing insurers are not responsible for the subscription of any co-subscribing insurer who for any reason does not satisfy all or part of its obligations.

Risks : IAR, FIRE It is agreed that any loss or damage to the Insured Property arising during any one period of seventy two (72) consecutive hours, caused by windstorm tempest flood or earthquake shall be deemed as a single event and therefore to constitute one occurrence with regard to the Deductibles provided for herein, for the purposes of the foregoing the commencement of any such seventy two (72) hours period shall be decided at the discretion of the Insured it being understood and agreed, however, that there shall be no overlapping in any two or more such seventy two (72) hours period in the event of damage occurring over a more extended period of time. OTHER VERSIONS: All insured losses which occur during a period of 72 consecutive hours caused by: a. Earthquake, earth tremor, seaquake, tidal wave or any other loss form seismic activity insured under this policy b. Volcanic Eruption c. Hurricane, typhoon, tornado, windstorm, wind driven water or wind peril insured under this p...

Risks : IAR, FIRE The Insurance by this policy relating to ‘machinery’ and ‘equipment’ extends to include telephone, gas, water and electric instruments, maters, piping, cabling and the like and accessories thereof including similar property in adjoining yards or roadways or underground all the property of the insured or of suppliers or others for which the insured are responsible.

Risks : IAR, FIRE It is noted and agreed that in respect of goods sold but not yet delivered for which the Insured is responsible and with regard to which under the written or printed conditions of sale the Sale Contract is cancelled by reason of the loss or damage indemnified by this Policy either wholly or to the extent of the loss or damage, the liability of the Insurer shall be based on the contract price, and for the purpose of average the value of all goods, to which this clause would in the event of loss or damage be applicable shall be ascertained on the same basis.

In the event of loss of or damage to any part or parts of the goods insured in consequence of a risk covered by the policy, the amount recoverable hereunder shall not exceed such proportion of the cost of replacement of the part lost or damaged as the insured value bears to the value of new machinery, plus additional charges for forwarding and re-fitting the new part or parts if incurred.

No Insurer shall be deemed to provide cover and no insurer shall be liable to pay and any claim or provide any benefit hereunder to the extent that the provision of such covers, payment of such claim or provision of such benefit would explore the insurer to any sanction, prohibition or restriction under United Nation Resolutions or the trade or economic sanctions, laws, or regulations of the European Union, United Kingdom or united States of America

Risks : BI If, following any incident giving rise to a claim under this policy, the Insured shall hold a salvage sale during the indemnity period, clause (a) of the item on Gross Profit shall, for the purpose of such claim, read as follows: (a) In respect of Reduction in Turnover : the sum produced by applying the Rate of Gross Profit to the amount by which the Turnover during the indemnity period (less the Turnover for the period of the salvage sale) shall, in consequence of the incident, fall short of the Standard Turnover, from which sum shall be deducted the Gross Profit actually earned during the period of the salvage sale.

It is hereby noted and agreed that the policy is extended to cover loss and/or damaged to the unit during the cargo or unit movement by its own power and/or self-driven with sub limit USD. ……

This Policy of insurance is extended to cover, at Policy terms and conditions, shipments of returned goods which have not been delivered to the final consignee and which have been continuously covered hereunder, provided such goods remain in their original approved overseas packing and the Assured warrants to report all such shipments as soon as practicable after they have knowledge of the refusal. Shipments returned to the Assured by the consignee shall be subject to the same terms, conditions and rate under which such shipments were insured under this policy while in transit to such consignees. Returned merchandise other than as defined above is insured subject to the Institute Cargo Clauses ( C ) CL 254 dated 1.1.82 at rates to be agreed by Underwriters.

Risks : BI 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, was less than the sum insured thereon, a pro rata return of premium not exceeding one third of the premium paid on such sum insured for such period of insurance shall be made in respect of the difference. If any loss destruction or damage has occurred giving rise to a claim under this policy, such return shall be made in respect only if so much of said difference as is not due to such loss destruction or damage.

Risks : IAR “In the event of loss or damage to ay parts or parts of an insured machine or equipment caused by a peril covered by a peril covered by the policy the sum recoverable shall not exceed the cost of replacement or repair of such part or parts plus charges for forwarding and refitting, if incurred, but not excluding duty unless the full duty is included in the amount insured, in which case loss if any, sustained by payment of additional duty shall also be recoverable. Provided always that in no case shall the liability of underwriters exceed the insured value of the complete machine or equipment.”

Risks : IAR “It is hereby declared and agreed that in the event of the said premises or any part thereof becoming untenantable as result of its destruction or damage by fire or any other perils hereby insured against, the company will, subject to the conditions hereinafter contained, indemnify the insured for loss or rent in accordance with the lease or agreement existing at the tie of such destruction or damage. The company shall only be answerable for rent for such period as the premises (or proportionately in the case of any part thereof) may be actually untenantable, due diligence being used in the repair or reconstruction of the same, but if any case the repair or reconstruction of the said premises be not fortwith commenced, the loss of rent shall be determined by the time which would have sufficed for the purpose had due deligence been used, but in no case exceeding 12 (twelve) months rent. In case the rent of the premises for the period specified shall exceed the sum hereby ...

Risks : IAR “It is hereby declared and agreed that in the event of the said premises or any part thereof becoming untenantable as result of its destruction or damage by fire or any other perils hereby insured against, the company will, subject to the conditions hereinafter contained, indemnify the insured for loss or rent in accordance with the lease or agreement existing at the tie of such destruction or damage. The company shall only be answerable for rent for such period as the premises (or proportionately in the case of any part thereof) may be actually untenantable, due diligence being used in the repair or reconstruction of the same, but if any case the repair or reconstruction of the said premises be not fortwith commenced, the loss of rent shall be determined by the time which would have sufficed for the purpose had due deligence been used, but in no case exceeding 12 (twelve) months rent. In case the rent of the premises for the period specified shall exceed the sum hereby i...

Risks : IAR On First Loss BasisThis insurance under this heading is not subject to the Average Clause. 1.In consideration of the payment of an additional premium this policy extends to indemnify the Insured in respect of The cost of removal of debris, demolition any temporary repairs necessary (including the Insured’s legal liability for the cost of removal of debris, demolition and temporary repairs in regard to adjoining premises, roadways or waterways, as well as on the site), consequent upon the destruction of or damage to any property, insured by the Insured’s Fire Policy (or Policies) occasioned by fire or any other perils thereby insured against. Provided always : -that such cost is not recoverable under any other Policy of Insurance -that the indemnity afforded by this insurance shall not apply to or include liability assumed by the Insured under agreement entered into after the commencing date of this insurance unless such liability would have attached to the Insured in th...

Risks : FGI, BT It is hereby declared and agreed that in the event of the property insured being destroyed or damaged, the basis upon which the amount payable under interest insured (building, content) of the policy is to be calculated shall be the cost of replacing or reinstating on the same site property of the same kind or type but not superior to or more extensive than the insured property when new, subject to the following Special Provision and subject also to the terms and conditions of the policy except insofar as the same may be varied hereby.

Risks : IAR  It is hereby declared and agreed that in the event of the property insured being destroyed or damaged, the basis upon which the amount payable under interest insured (building, content) of the policy is to be calculated shall be the cost of replacing or reinstating on the same site property of the same kind or type but not superior to or more extensive than the insured property when new, subject to the following Special Provision and subject also to the terms and conditions of the policy except insofar as the same may be varied hereby. Special Provisions i. The work of replacement or reinstatement (which may be carried out upon another site and any manner suitable to the requirements of the Insured subject to the liability of Insurer not being thereby increased) must be commenced and carried out with reasonable dispatch and in any case must be completed within 12 (twelve) months after the destruction or damage or within such further time as the insurer may (during ...

If following damage to property insured, the Insured considers that resumption of its’ Business activity and/or the work of reinstating or replacing or repairing the Property Insured poses a threat to human life or safety and as a result the Insured delays commencement of all or part of the resumption and/or all or part of the work of reinstatement or replacement or repairing, then Insurers will deem such delay as beyond the control of the Insured and that the Insured Is acting with reasonable dispatch and due diligence.

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 the public electricity supply undertaking b. Land based premises of the public gas supply undertaking or of any natural gas producer linked directly therewith c. Water works or pumping station of the public water supply undertaking d. Land based premises of the public telecommunications undertaking e. from which the Insured obtains (electricity) (gas) (water) or (telecommunications services) all in Indonesia

Risks : VARIOUS Notwithstanding of anything in the policy where both parties may terminate this policy, the refund premium calculated and refundable shall be calculated on pro-rata basis.

Risks : PLI It is hereby declared ad agreed that th Insured will indemnify the Insured against all sums for which the Insured shall become legally liable consequent upon death bodily injury illness loss or damage as within defined in connection with the property held in trust or under control of the Insured.

Risks : VARIOUS Property damage covered under this Agreement shall mean physical damage to the substance of property. Physical damage to the substance of property shall not include damage to data or software, in particular any detrimental change in data, software or computer programs that is caused by a deletion, a corruption or a deformation of the original structure. Consequently the following are excluded from the Agreement : A. Loss or or damage to data or software in particular any detrimental change in data, software or computer programs that is caused by a deletion, a corruption or a deformation of the original structure, and any business interruption losses resulting from such loss or damage. Notwithstanding this exclusion, loss of or damage to data or property shall be covered. B. Loss or damage resulting from an impairment in the function, availability, range or accessibility of data, software or computer programs, and any business interruption los...

Risks : IAR Notwithstanding of anything to the contrary, It is hereby noted and agreed that this policy shall extend to cover the property undergoing construction and/or erection with limit 10% of TSI in the aggregate.

It is hereby noted and agreed to indemnify the Insured against legal liability for any Claim for compensation first made against the Insured during the Period of Cover and which is notified in writing to the company during the Period of Cover, for breach of professional duty in the conduct of the Professional Business Practice carried on by or on behalf of the Insured by reason of any negligent act, error or omission committed or alleged to have been committed on the part of the Insured.

It is hereby noted and agreed to indemnify the Insured against legal liability for any Claim for compensation first made against the Insured during the Period of Cover and which is notified in writing to the company during the Period of Cover, for breach of professional duty in the conduct of the Professional Business Practice carried on by or on behalf of the Insured by reason of any negligent act, error or omission committed or alleged to have been committed on the part of the Insured.

Risks : CEAR The Insurance by this section includes in addition an amount in respect of Architects, Surveyors, and Consulting Engineers Fees or other professional fees and normally reimbursable expenses necessarily consequent upon its loss, destruction or damage but not for preparing any claim, it being authorized amount payable for such fees shall not exceed than authorized under scales authorized by the Royal Institute of British Architects, the Royal Institution of Chartered surveyors, the Association of Consulting Engineers of or the equivalent body in the country of domicile of the professional body concerned or maximum 10% of TSI whichever is the less.

Risks : BI Any particulars or details contained in the Insured’s books account or other business books or documents which may be required by the Company for the purpose of investigation or verifying any claim hereunder may be produced by professional accountants if at the time they are regularly acting as such for the Insured and their report shall be prima facie evidence at the particular and details to which such report relates. The insurer will pay to the Insured the reasonable charges payable by the Insured to their professional accountants for producing such particulars or details or any other proofs, information or evidence as may be required by the Insurer under the terms of Claims Condition of this policy and reporting that such particulars or details are in accordance with the Insured’s books of accounts or other business books or documents. Provided that the Sum of the amount payable under this clause and the amount otherwise payable under the policy shall in no case excee...

Whenever this insurance is extended to cover whilst the cargo kept in the worage, this insurance remains in full force whilst the subject matterinsured is under any process but in no case shall extend to cover damage thereto solely caused by such process or resulting therefrom

Risks : PLI  This Policy is extended to indemnify the Insured and any director or executive of the Insured in respect of the employment on private duties of an employee of the insured by such director or executive. Provided that a) Such director or executive is not entitled to indemnify under any other policy or policies b) The extension by this endorsement shall not apply to or include liability in respect of injury to any person under a contract of service or apprenticeship with the director and/or executive where the injury arises out of and in the course of such person’s employment or service with the director and/or executive. c) Such director and/or executive shall as through he were the Insured observe fulfill and be subject to the terms exceptions limits and conditions of this policy so far as they can apply. d) The extension by this endorsement shall not operate to increase the Company’s liability as set forth in the Schedule of Limits of Indemnity beyond the amount or ...

Risks : CEAR In the event that the Insured Property or any part of the Insured Property under section I shall have been handed over to and/or taken into use by the Insured Employer and/or by the User cover under section I of this Policy shall continue until the expiry date of the Period of Insurance stated in the Schedule of the Policy or any extension thereof agreed by the Insurers.

Risks : VARIOUS “It is agreed that in the event of actual damage (or imminent damage) to the Insured property, the Insurer will pay the reasonable cost necessary in preventing, minimizing or reducing damage to the Insured Property, which the Insured can prove were necessarily incurred immediately and urgently in an emergency”

Risks : BI In consideration of the payment of an additional premium, which is included in the premium hereon, 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 in the vicinity of the Premises, loss or destruction of or damage to which shall prevent or hinder the use of the premises or access thereto, whether the premises or property of the Insured therein shall be damaged or not, and including loss or destruction of or damage to property of any supply undertaking from which the Insured obtains electricity, gas or water, or telecommunications services which prevents or hinders the supply of such services, to the premises.

This Policy excludes Confiscation, expropriation, nationalization, commandeering, requisition or destruction of or damage to property by order of the government de jure or de facto or any public, municipal or local authority of the country or area in which the property is situated, seizure or destruction under quarantine or customs regulation

Risks : CEAR Notwithstanding anything herein contained to the contrary the insurance hereby is extended to indemnify the insured against costs and expenses necessarily and reasonably incurred to reproduce such plans, documents and records including all the information therein destroyed or damaged as a result of a peril insured hereunder whatever or whenever such loss, destruction or damage shall occur.

Risks : VARIOUS Notwithstanding anything contained in this Policy to the contrary provided that liability has been admitted, progress payments on account of any claim may be made to the Insured at such intervals: 75% of interim payment from the Loss and/or for such amount as may be agreed upon production of a report by the Loss Adjusters (if appointed) provided such payment(s) shall be deducted from the amount finally determined upon adjustment of the claim.

The Insurer will pay for loss of or damage to packing (including packaging materials, shipping containers, crates, pallets, or the like) while carried during an Insured transit caused by an insured event. Subject to a limit of $............ for any one loss or series of losses arising from the one insured event provided these cost are not recoverable under other policy of insurance.

Sample – 1 Standard Packing Clause In case of loss of or damage to the goods hereby insured, the Underwriters shall not decline any claim by reason of insufficient PACKING of the goods, so long as such PACKING shall be admitted as appropriate for transportation by the Insured and/or all subsidiaries (including overseas subsidiaries) and/or associated companies and/or agents of the aforementioned Sample – 2 Packing and Container Clause The Insurer will pay for loss of or damage to packing (including packaging materials, shipping containers, crates, pallets, or the like) while carried during an Insured transit caused by an insured event. Subject to a limit of $25,000 for any one loss or series of losses arising from the one insured event provided these cost are not recoverable under other policy of insurance.

Risks : MI It is hereby noted and agreed that this policy is extended to cover Personal Accident for the officers and/or employees in charge of the money with covers Death, Permanent Disablement (Continental Scale) with limit IDR. _________ and Medical Reimbursement with limit 10% of Death or Permanent Disablement anyone officer and/or employee and Maximum ____ (____) persons anyone accident.

Risks : EEI, IAR, CEAR ETC It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, this insurance shall be extended to cover extra charges for overtime, night work, work on public holidays and express freight. Provided always that such extra charges are incurred in connection with any loss of or damage to the insured items recoverable under the Policy. If the sum(s) insured of the damaged item(s) is/are less than the amount(s) required to be insured, the amount payable under this Endorsement for such extra charges shall be reduced in the same proportion.

Risks : CEAR Notwithstanding the situation described in the schedule the cover afforded by this Policy extend to include any materials, plant or items being manufactured of whilst located anywhere in the Republic of Indonesia provided they are intended to be used on or will form part of the contract works.

RISKS : IAR “Notwithstanding anything contained herein to the contrary, Property Insured under this policy has measurable output and which is capable or replacement with a new item or items which perform a similar function is valued for insurance purposes as follows and settlement of any loss, destruction or damage in respect thereof shall be on the same basis : a) If property lost, destroyed or damaged is to be replaced by any item(s) which has or have the same or a lesser total output, then the Insurable value thereof is the new installed cost of such replacement item or items as would give the same output as the property lost, destroyed or damaged. b) If the property with the same total output as the lost, destroyed or damaged property is not available within a reasonable time of the loss, destruction or damage then no deduction shall be made from any claim to allow for the improved output of the replacement property. In such circumstances this Policy will pay the installed cost of...

Risks : IAR The Insurance by each item under buildings is understood to include walls, gates and fences, small outside buildings, extension, annexes, exterior staircase, fuel installations, steel or iron framework and tanks in the said premises and the insurance by each item under contents extends to contents of each outbuilding, provided their values are included in the sum insured.

Risks : PLI, HH LIABILITY Notwithstanding of anything contained in the policy, this insurance extended to cover for loss or damage to the tenant’s and guest’s property occuring at the insured premises, controlled by the insured security to which this policy applies as described in the schedule. Subject to the term, conditions and exception of this policy.

Risks : IAR, VARIOUS The present situation, manner of connection, construction, nature and interior of the buildings and also the trade carried on therein is known to the Insurer.

This contract may be cancelled either by underwriters of the Insured by giving 30 (thirty) days written notice to take effect from the date of receipt of such notice. Notice of cancellation shall commence from midnight on the day when it is issued, and shall not apply to any risks which have attached in accordance with the cover granted hereunder before the cancellation becomes effective. Whilst cover in respect of the risks or war etc, may be cancelled by either the Underwriters or the Insured giving 7 days notice (such cancellation becoming effective on the expiry of 7 days from midnight of the day on which notice of cancellation is issued by or to the Underwriters). The Underwriters agree however to reinstate cover subject to agreement between the Underwriters and the Insured prior to the expiry of such notice of cancellation as to new rate of premium and/or conditions and/or warranties. Whether or not such notice of cancellation of war cover has been given, cover hereun...

Risks : IAR, VARIOUS  It is hereby agreed that this insurance shall not be invalidated by : A. any change of occupancy or increase of risks taking place in the property insured without the Insured’s knowledge, provided that they shall, immediately on the same coming to their knowledge, advise the Insurers and pay any additional premium that may be required from the date of such increase of risk. B. workmen on the premises for the purpose of affecting repairs minor alterations or general maintenance purpose and the like.

Risks : IAR, VARIOUS It is hereby noted and agreed that in the event of a loss the following Loss Adjuster should be appointed. The Preliminary and/or final report should be forwarded to the Agent and/or broker concern. The Nominated Loss Adjuster : PT. …………. PT. …………. PT. ………….

Risks : IAR “This insurance shall not be affected by failure of the Insured to comply with the provisions of this Policy in any portion of the property over which the Insured has no control”.

Risks : IAR Whereby the Insured having trade in another location not yt declared under the Policy, the Insurer hereby noted and agreed to hold cover such location for 30 days (Subject to additional premium) with limit IDR. _________ any one location with the same terms and conditions of the respective policy.

Risks : BI For businesses which have not completed a full year working Rate of Gross Profit: Rate of Gross Profit earned on the Turnover during the period between the date of the commencement of the Business and the date of the incident Annual Turnover: The proportional equivalent, for a period of twelve months, of the Turnover released during the period between the commencement of the Business and the date of the Incident Standard Turnover: The proportional equivalent, for a period equal to the indemnity period, of the Turnover released during the period between the commencement of the Business, and the date of the incident to which such adjustments shall be made as may be necessary to provide for the trend of the Business and for variations in or other circumstances affecting the business either before or after the incident which wold have been affecting the Business had the incident not occurred, so that the figure thus adjusted shall represent as nearly as may be reasona...

Risks : PA It is hereby declared and agreed that this policy is extended to cover the Insured person whilst mounting, riding or dismounting from any motorcycle except for the purpose of racing pacemaking or speed testing.

Risks : IAR Money of the Insured or for which the Insured has assumed or wishes to assume responsibility in expectation of insurable interest is defined as :Cash Bank and Currency Note, Postal Orders and Money Cheques, Giro Cheques, Travellers Cheques, Postage Stamps VAT Purchase Invoice.

Risks : IAR It is understood that this insurance shall not be prejudiced by any alteration or mis-description of occupancy provided the Insured shall notify the company immediately they become aware of the same and to pay additional premium if required from the date of the inception of the increased hazard.

Risks : IAR Minor alterations, additions and repairs to building plant fixtures and fitting, and machinery and minor works in progress are allowed and the insurance by this Policy shall not be prejudiced by this.

Risks : PA It is hereby declared and agreed that this policy is extended to cover the Insured person for any medical expenses (including operation fees cost of surgical appliances and nursing home charges) necessarily incurred in connection with any bodily injury which gives rise to a claim under this policy.

Risks : BI It shall not be a condition precedent to liability in respect of interruption or interference in consequence of destruction or damage (as within defined) that payment shall have been made or liability admitted under the insurance covering the interest of the Insured in the property at the premises against destruction or damage if no such payment shall have been made nor liability admitted solely owing to the operation of a proviso in such insurance excluding liability for losses below a specific amount of deductible.

Risks : CEAR It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, that the item C under “Special Exclusion to Section I” shall be replaced by the following wording: “All costs related to repair and/or replacement of parts and/or items directly affected by faulty design, defective material or casting, bad workmanship other than faults in erection, which the Insured would have incurred for rectifying the original fault had such fault been discovered before the loss occurred.”

Risks : MB, It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, and subject to the Insured having paid the agreed extra premium, the Insurers shall indemnify the Insured for loss of lubricating oil or refrigerant or therminol in the insured machineries contained in the specification of the Policy, caused by an indemnifiable accident to the above items, subject to - a separate sum insured being provided in the specification of the Policy for the lubricating oil or the refrigerant - a deduction of proper depreciation according to the average life expectancy indicated by the manufacturer or otherwise to be determined at the time of the loss

Risks : IAR, MB, In case of damage to property bearing brands labels and trademarks the sale of which carries in any way a guarantee of the Insured, the salvage value of such damaged property shall be determined after the removal in the customary manner of all brands labels and trade marks which might be taken to indicate that the guarantee of the manufacturer or the Insured attached to said property. However notwithstanding anything to the contrary elsewhere herein, it is understood and agreed that in case of damage to goods insured under this Policy due to peril insured against, the Insured or their representatives are to retain control of all damaged goods. The Insured, however agrees wherever practicable to use recondition or sell such goods, the sale being made after removal of all brands labels or trademarks, with the Insurer being entitled to the proceeds of the sale. Where the use or disposal or sale of damage goods would be in the opinion of the Insured or their representa...

Risks : VARIOUS Notwithstanding anything contained herein to the contrary it is agreed that this insurance will not be prejudiced by any inadvertent delays, errors or omission in notifying the Insurer or any circumstances or events giving rise or likely to give rise to a claim or to a claim under this Policy.

Risks : MI, BT The Sum Insured extends to include the cost of replacing locks and keys and Rolling-doors and/or combination if, as a result of theft or any attempt thereat, keys and/or Rolling-doors and/or combinations are stolen or damaged, or if there are any reasonable grounds to believe that they have been duplicated, also the cost of opening locked safes and/or strongrooms as a result of theft or keys and/or combinations.

It is noted and agreed that ………………………………………… (hereinafter referred to as the lessors) are the owner of the Property insured under (Item ……….) and that such property is the subject of a Leasing Agreement made between the Lessors on the one part and the Insured on the other part. It is further understood and agreed that any payment made in respect of loss or damage (which loss or damage is not made good by repair, reinstatement or replacement) under the terms of this Policy shall be made to the lessors as long as they are the owners of the Property. It is understood and agreed that notwithstanding any provision in the Leasing Agreement to the contrary, this policy is issued to the Insured as the principal party and not as agent or trustee for the lessors and nothing herein shall be considered as constituting the Insured an agent of trustee for the lessors or as an assignment (whether legal or equitable) by the Insured t the lessors of his rights, benefits and claims under this policy,...

Risks : IAR It is hereby noted and agreed that the property Insured under this Policy has been pledged with “………….” and until such time as the said Bank shall have notified the Insurer, in the contrary, the Insurer/the Underwriters shall advice the said Bank : a. If they propose to cancel or give notice of cancellation of any such insurance, at least 30 days before such cancellation is to take effects b. of : (a) any material alteration and/or (b) termination of expiry of any such insurance at least 30 days before such alteration, termination, of expiry c. Promptly of any default in the payment of any premium or failure to renew any such insurance d. Of any act or omission or of any event of which the Insurer has knowledge and which they consider might invalidate or render unenforceable in whole or in part of any such insurance. e. Of any claim under the Policy exceeding US$. 10,000.00 It shall be further noted that in the event of loss, if any, payable under this Policy...

Risks : IAR This Policy extends to indemnify any other party having an interest in the property insured by virtue of and in accordance with the terms of mortgage, Leasing, Hiring or Renting Agreement, provided such property is not more specifically insured.

Risks : IAR, BT The Insurance by this Policy is extended to include the risk of larceny which for the purpose of this extension shall mean theft of the property from the premises without forcible entry or exit.

Risks : CEAR It is hereby declared and agreed that this Policy is extended to cover inventory belonging to the Insured and destined for use in the construction mentioned herein. It is further declared and agreed that this Policy is also extended to cover the Insured’s store and work sites and risks of loading and unloading. Provided further that this Insurance shall in no way insured directly or indirectly to the benefit of any carrier or other bailee.

Risks : PLI It is understood and agreed that the Insurer should indemnify that insured in respect of : A. Any compensation for injury loss or damages of judgment delivered or obtained through a court wherever the claims occurred. B. Any cost and expenses of litigation recovered by any claimant from the Insured which are recoverable through a court wherever that claims occurred. C. Any cost and expenses incurred by the Insured in the defense of any claims in all over the world.

Where any word or expression has been given a specific meaning in any part of this Policy, such word or expression shall bear this meaning wherever it may appear unless such meaning is inapplicable to the context in which the word or expression appears. Where words other than the Insured or the Insurers have been in the Policy to represent the party entitled to indemnity under this Policy and the party providing the indemnity, it is agreed that for the purpose of this policy those words are deemed to have the same meaning as the Insured and the Insurer. It is further agreed that a. Words importing persons shall include corporations and other legal entities b. References in the singular be deemed to include the plural and vice versa, and c. Words depicting any gender reference to all other genders In the event of conflict of interpretation between the various clauses, provisions, and terms contained in the policy, the interpretation most beneficial in the Insured shall always prevail. S...

Risks : IAR, FIRE It is understood and agreed that in the event of removal of property from one building to another at any of the situations covered by this Policy being inadvertently not advised to the Insurer, the insurance on such property shall follow removal, the necessary adjustments in sum insured and premium being made as from the date of removal as soon as the oversight is discovered. Provided however that the liability of the Insurer shall not exceed the Sum Insured hereunder.

Risks : CEAR The interest of parties supplying property or materials to the main Contractor or any sub-contractor under a hiring leasing or similar agreement is hereby noted but only to the extent that the main contractor or sub-contractor is required to include interest

INSTITUTE THEFT, PILFERAGE AND NON-DELIVERY CLAUSE (For use only with Institute Clauses) In consideration of an additional premium, it is hereby agreed that this insurance covers loss of or damage to the subject-matter insured caused by theft or pilferage, or by non-delivery of an entire package, subject always to the exclusions contained in this insurance. 1/12/82 CL272 © Copyright The Institute of London Underwriters

In the event of loss of or damage to any part or parts of an insured machine caused by a peril covered by the Policy the sum recoverable shall not exceed the cost of replacement of repair of such part or parts plus charges for forwarding and refitting, if incurred, but excluding duty unless the full duty is included in the amount insured, in which case loss, if any, sustained by payment of additional duty shall also be recoverable. Provided always that in no case shall the liability of Underwriters exceed the insured value of the complete machine. CL

In consideration of an additional premium, it is hereby agreed that the exclusion "deliberate damage to or deliberate destruction of the subject-matter insured or any part thereof by the wrongful act of any person or persons" is deemed to be deleted and further that this insurance covers loss of or damage to the subject-matter insured caused by malicious acts vandalism or sabotage, subject always to the other exclusions contained in this insurance. 1/8/82 CL266 © Copyright The Institute of London Underwriters

It is understood and agreed that no claim under this policy will be paid in respect of drugs to which the various International Conventions relating to Opium and other dangerous drugs apply unless 1. The drugs shall be expressly declared as such in the policy and the name of the country from which, and the name of the country to which they are consigned shall be specially stated in the policy and 2. The proof of loss is accompanied either by a licence, certificate or authorization issued by the Government of the country to which the drugs are consigned showing that the importation of the consignment into that country has been approved by that government. Or alternatively, by a licence, certificate or authorization issued by the government of the country from which the drugs are consigned showing that the export of the consignment to the destination stated has been approved. and 3. The route by which the drugs were conveyed was usual and customary.

1.1 Subject only to clause 1.2 below, in no case shall this insurance cover loss damage liability or expense directly or indirectly caused by or contributed to by or arising from the use or operation, as a means for inflicting harm, of any computer, computer system, computer software programme, malicious code, computer virus or process or any other electronic system. 1.2 Where this clause is endorsed on policies covering risks of war, civil war, revolution, rebellion, insurrection, or civil strife arising therefrom, or any hostile act by or against a belligerent power, or terrorism or any person acting from a political motive, Clause 1.1 shall not operate to exclude losses (which would otherwise be covered) arising from the use of any computer, computer system or computer software programme or any other electronic system in the launch and/or guidance system and/or firing mechanism of any weapon or missile.

INSOLVENCY AMENDMENTS CLAUSE Exclusions 4.6 of the Institute Cargo Clause (A), Institute Cargo Clauses (B), Institute Cargo Clauses (C) and Exclusions 3.6 of the Institute War Clauses (Cargo) and the Institute Strikes Clauses (Cargo) are amended to read; “Loss or damage or expense caused by insolvency or financial default of the Owners, Managers, Charters or Operators of the vessel where, at the time of loading of the subject-matter insured on board the vessel, the Insured is aware, or in the ordinary course of business should be aware, that such insolvency or financial default could prevent the normal completion of the voyage”. This exclusion shall not apply where this insurance has been assigned to the party claiming hereunder who has bought or agreed to buy the subject-matter insured in good faith under a binding contract". This amendment applies to all goods shipped on Conference Line Vessels.

Risks : PLI It is understood that this Policy is hereby amended as indicated below. All other terms of this policy remain unchanged. To pay on behalf of the Insured all sums, which the Insured shall become legally, obligated to pay reason of liability for damages because of injury to, destruction of or loss of property of the guests/visitors while in such premises. Special exclusions : 1. Occasioned by the negligence/misconduct of the guests/visitors 2. Arising out of the act of GOD and public enemy 3. Losses caused by loss of or damage to automobiles or property in automobile

Risks : BI This Policy covers the loss of Gross Revenue and increase in cost of working incurred by the Insured due to the necessary interruption of the Insured’s business due to prevention of ingress to or egress from an Insured location, from any cause, whether or not the premises or property of the Insured is damaged. This policy does not provide coverage under this extension for more than the number of consecutive days specified in the schedule.

This Policy does not insure against loss, destruction, damage, costs or expenses in connection with any kind or description of seepage and/or pollution and/or contamination, direct or indirect, arising from any cause whatsoever. NEVERTHELESS if fire is not excluded FROM THIS policy and a fire arises directly or indirectly from seepage and/or pollution and/or contamination any loss, destruction or damage insure under this Policy arising directly from that fire shall (subject to terms, conditions and limitations of the Policy) be covered. However, if the Property Insured is the subject of direct physical loss, destruction or damage for which the Insurers have paid or agreed to pay, then this Policy (subject to terms, conditions and limitations) insures against direct physical loss, destruction or damage to the Property Insured hereunder caused by resulting seepage and/or pollution and/or contamination. The Insured shall give notice to the Insurers of intent to claim AS SOON AS PRACTICAL ...

Risks : VARIOUS It is understood and agreed that the Insurers shall be under no liability in respect of : 1. Compensation for injury, loss or damage in respect of judgement delivered or obtained otherwise than through a court of competent jurisdiction within the Republic of Indonesia. 2. Cost and expenses of litigation recovered by any claimant from the Insured which are not incurred in and recoverable in the Republic of Indonesia. Note : Subject otherwise to the terms, conditions and limitations of this Policy.

Risks : PLI Where any contract or agreement entered into with any principal (named in the schedule hereto) and the company will indemnify the Principal within the Geographical Limit of this Policy for any claim resulting from injury, ill ness, loss or damage (as herein defined) where such injury, illness or damage occurs during the currency of the Policy and arises out of in the course of or by reason of the carrying of out by the Insured and/or his Subcontractors of work for which an indemnity is provided by this Policy. Provided that : the Insured shall have arranged with the Principal for the conduct and control of all claims for which the Company many be liable by virtue of the indemnity to be vested in the Company. The Principal shall observe fulfil and be subject to the terms and conditions of the policy in so far as they can apply. Claim made by the Principal shall be treated as though the Principal were not meaasured by this policy.

Risks : BI The undersigned hereby agreed to accept at the premium stated in policy, additions to the sum insured to maximum of in total 10% of the insured amount under this policy. However, that expire dates of the aforesaid additions not take place subsequent to the expire date of this policy such additions to the sum insured so accepted will be considered take effect from the date of the postmark of the written or the date of telegraphic instruction from the Insured.

It is hereby noted and agreed that the policy is extended to cover loss and/or damaged to cargo due to sudden and accidental and unforeseen risks happen during transshipment

It is hereby noted and agreed that the policy is extended to cover loss and/or damaged to cargo due to sudden and accidental and unforeseen risks happen during loading and unloading

It is hereby noted and agreed that the policy is extended to cover loss and/or damaged to cargo due to Hijacking, Robbery and Piracy Risks

Risks : IAR It is noted and agreed that the cover relating to impact of vehicles shall include vehicles owned or used by the Insured.

Risks : PA HIJACKING CLAUSE The Company will pay benefit at the rate of USD. 100.00 for each period of 24 hours or part thereof that the Insured person is prevented from reaching his Schedule destination through Hijack of any Aircraft in which such person is travelling as a fare paying passenger during the period of Insurance. The Company will also pay reasonable expenses incurred as a result of Hijack provided that the total amount payable for each Insured person shall be limited in accordance with the following table. Insured Persons Maximum Amountof Benefit Payable for Person Each Insured Person over 16 years of age USD. 10,000.00 Each Insured Person under 16 years of age USD. 5,000.00 “Aircraft” shall mean any aircraft operated by a recognized Airline on a regular Scheduled Service over established air routes or any fully licensed standard type multiengined aircraft operated by a recognized Air Charted Company “Hijack” shall occur where threats of violence are made with th...

Risks : PLI To pay on behalf of the Insured all sums which the Insured shall become legally liable to pay by reason of liability for damage because of injury to destruction of, or loss of, property belonging to guests/visitors including car(s) and its (their) contents at the Insured premises while such property is within the premises, or in the possession of the Insured.

Risks : CEAR It is understood and agreed that this policy is extended to indemnify the insured against loss damage to materials (whether temporary or permanent) and any other goods or objects intended for incorporation into the works, whilst such materials goods or objects are stored in the insured premises other than when they are actually being worked upon. Provided always that the Insurer’s liability under this extension shall not exceed the Sum Insured.

Risks : IAR, FIRE GENERAL INTEREST CLAUSE Certain of the Property insured may be the subject of hire purchase lease or other agreements and the interest of the other parties to these arrangements is noted in this insurance, the nature and extent of such interest to be disclosed by the Insured in the event of damage.