| The Structure of Indonesia Fire Insurance Policy |
|
|
|
| Written by pojokasuransi.com | |
| Sep 29, 2007 at 09:11 AM | |
|
The latest version of Indonesia Fire Insurance Policy consists of 4 (four) Chapters and 25 (twenty-five) Articles. This policy is classified as “named policy” rather than “all risks policy” which contains both insured perils and excepted perils. The detailed structure of Indonesia Fire Insurance Policy
can be described as follows : Chapter I Perils
Insured Chapter II Exclusions Chapter III Definitions Chapter IV Conditions -Article1 Duty
of Disclosure -Article 2 Premium
Payment -Article 3 Alteration
to Risk -Article 4 Removal
and Change of Ownership -Article 5 Obligation
of The Insured in The Event of Loss or Damage -Article 6 Salvage -Article 7 Claim
Procedures -Article 8 Fraudulent
Report -Article 9 Loss
of Movable Items -Article 10 Assessment
of Value in The Event of Loss -Article 11 Assessment
and Settlement of Claim -Article 12 Under
Insurance -Article 13 Reimbursement -Article 14 Other
Insurance -Article 15 Indemnification
of Multiple Insurances -Article 16 Subrogation -Article 17 Deductible -Article 18 Indemnification -Article 19 Reinstatement
of The Sum Insured -Article 20 Forfeiture
of Rights to Indemnification -Article 21 Currency -Article 22 Termination
of Insurance -Article 23 Refund
of Premium -Article 24 Dispute -Article 25 Conclusion If there are any disputes arising from
the different interpretation, the terms and conditions shall be interpreted
according to the original (Source : |
|
| Last Updated ( Sep 29, 2007 at 09:12 AM ) |
