MINOR CONSTRUCTION AND ERECTION CLAUSE

M-Clauses323 Views
banner 468x60

It is hereby declared and agreed that this policy is extended to cover property under construction or erection subject to the project having a contract value of USD……./ unlimited or less but cover excludes testing and commissioning absolutely.

This extension in coverage strictly excludes Business Interruption and/or Advance Loss of Profit.

banner 336x280

Leave a Reply

Your email address will not be published. Required fields are marked *

1 comment

  1. Pak Imam,
    apakah clause ini bs override exclusion section 1 polis PAR
    1.1 property in the course of construction or
    erection ??

    Hanya untuk perbaikan kecil saja. tidak membatalkan exclusion section 1.1.
    Buy-back untuk Exclusion 1.1. biasanya rekan-rekan tempel klausul “Property under course of construction / erection dengan limit sekian…)