MINOR CONSTRUCTION AND ERECTION CLAUSE

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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.

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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…)