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
Where the subject-matter insured hereunder (or any apportionable part) becomes missing and after the lapse of a reasonable time has not been located, an actual total loss of the subject-matter insured (or any apportionable party) may be presumed. For the purposes of this insurance, there shall be deemed to have been the lapse of a reasonable time where delivery to the consignees’ or other final warehouse or place of storage at the destination named herein has not been effected within 90 days of the expected date of such delivery. If, after the payment by the Insurer(s) of an actual total loss as provided for above, this subject-matter insured or whatever may remain thereof is located, the ownership and all proprietary rights incidental thereto shall be vested is the Insurer(s) the subject-matter insured of whatever may remain thereof.
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