DAFTAR KLAUSULA

No Klausula English
1 Addition and deletion clause It is agreed that all vehicles acquired by the Insured
during the currency of this policy shall be considered as
(A01) being included in the Policy from the date of acquisition. It
is further agreed that all vehicles disposed of during the
currency of this Policy shall be considered as deleted from
the Policy following the date of such disposal. Subject to
90 days notice after such addition and deletions have
been made

2 AUTOMATIC REINSTATEMENT OF In consideration of the insurance by any item hereof not

being reduced by any loss the Insured undertake to pay
LOSS CLAUSE the appropriate additional premium on the amount of such
(A02) loss from the date thereof on the date of the expiry of the
period of insurance.

3 ALTERATION CLAUSE Notwithstanding anything contained in the printed

conditions of the Policy to the contrary, it is noted and
(A03) agreed that this Insurance shall not be prejudiced in the
event of any alterations being made to the property
insured whereby the risk of damage is increased, provided
that notice of such alterations be given to the Insurer
within sixty (60) days of the commencement of such
alterations and additional premium paid, if required from
the date of such alterations.

4 AGREED VALUE CLAUSE It is hereby noted and agreed that this insurance will
accept cover under the term and condition of this policy,
(A04) where an Insured item is totally destroyed or damage
beyond repair and/or constructive total loss in the event of
accident was occurred, the basis upon which payable
under the policy is to be calculated shall be the full value
as agreed value of item destroyed or damage during the
insurance period

No payment shall be made beyond the amount which

5 AVERAGE RELIEF CLAUSE (85%)
(A08)
would have been payable under the policy if the
endorsement had not been incorporated therein if at the
time of destructionof or damaged to the insured item such
destruction or damage and/or constructive total loss is
cover by any other insurance
Notwithstanding anything herein contained to the
contrary, it is hereby declared and agreed Each item
insured under this memorandum is declared to be
separately subject to the following condition of average,
namely :
 If at the time of reinstatement the sum representing 85%
(eighty five percent) of the cost which would have been
incurred in reinstatement if the whole of the property
covered by such item had been destroyed the
commencement of any destruction of or damage to such
property by any other peril hereby incurred against, then
the insured shall be considered as being his own insurer
for the difference between the sum insured and the sum
representing the cost of reinstatement of the whole of the
property and shall bear a ratable proportion of the loss
accordingly.
6 ALTERATIONS AND ADDITIONS Minor Alterations, additions and reparis to building, plant
fixtures and fittings, and machinery (exclusive of any
CLAUSE sprinkler installation) and works in progress allowed and
(A12) the insurance by this Policy is extended to cover on and/or
whilst in such additions.

7 AUDITORS FEE (SUB LIMIT The Insurance under Section Sum Insured of Auditors Fee
of the Schedule is limited to the reasonable charges
US.$.50.000) payable by the Insured to their Auditors for producing and
(A16) certifying any particular or details contained in the
Insured`s book of account or other business book or
documents or such other proofs, information of evidence
as may be required by the Insurer in connection with a
claim underthis Policy.

8 ARBITRATION CLAUSE Any dispute or difference arising out of or in connection

with this contract shall be determined by the appointment
(A18) of a single arbitrator to be agreed between the parties, or
failing agreement within fourteen days, after either party
has given to the other a written request to concur in the
appointment of an arbitrator, by an arbitrator to be
appointed by the President or a Vice President of the
Chartered Institute of Arbitrators.

9 AUTOMATIC ADDITION AND It is hereby declared and agreed that the Policy will accept
cover under the terms and conditions of this Policy for all
DELETION CLAUSE additional equipment`s of the Insured from the date of
(A23) purchase and will delete cover from the date of sale; in
each case pro rata premium will be calculated.

Provided that the Insured shall declare such addition

and/or deletion as soon as possible but in no case later
than 30 (thirty) days from the date of purchase and/or
sale.

10 BANKER`S CLAUSE It is noted and agreed that the property insured by this
Policy has been mortgaged with bank :
(B01)
 and that in consequence thereof, it has been agreed with
the said mortgagee and the Insured, that in case of loss, if
any, payable under this Policy any payment up to the
amount to which the said mortgagee is entitled for
principal, interest accrued and costs shall be made to the
said mortgagee without prejudice to the rights the Insured
may have on the difference.

This clause to be null and void on receipt of advice from

the said mortgagee that they are no longer interested in
the property insured under this Policy.

11 BROKERS PAYMENT OF PREMIUM In the event of non-payment of any or all of the premium
to Marsh (Singapore) Pte Ltd, when due, this Policy may
AND CANCELLATION CLAUSE be cancelled by Underwriters for that part of the Insurance
(B02) to which the outstanding premiums refer, but it is
understood that due notice shall be given to the Assured
before such cancellation takes effect and that seven days`
grace shall be allowed to the Assured after receipt of such
notice to remit the premium due.

This clause shall not prejudice or affect the Brokers` right

in respect of any amount remaining due to them whether
in connection with this Policy or otherwise or any other
rights of the Brokers against the Assured or their Agents.

If the premium due hereon is payable in quarterly

installments the in the event of the vessel being an Actual
Total Loss and/or Constructive Total Loss and/or Arranged
Total Loss and/or Compromised Total Loss cover
hereunder during the Currency of this Policy, the full
annual premium to be paid to Underwriters.
12 BURST PIPES ENDORSEMENT The insurance under this Policy shall subject to the Special
Condition herein after contained, extend to include loss or
(B03) damage to the property insured directly caused by
Bursting or Overflowing of Water Tanks, Apparatus or
Pipes but excluding :

I. Desctruction or damage caused by flood,

subsidence or landslip
II. Property in the ope
III. The first US$. 1,000.00 of each and every loss

Provided always that all the conditions of the Policy

(except insofar as they may be hereby expressly varied)
shall apply as if they have been herein and for this
purpose hereof any destruction or damage as aforesaid
shall be deemed to be loss or damage of any kind or
 description

13 LEASED CLAUSE It is noted and agreed that the property insured by this
Policy has been mortgaged with leased:
(B04)
and that in consequence thereof, it has been agreed with
the said mortgagee and the Insured, that in case of loss, if
any, payable under this Policy any payment up to the
amount to which the said mortgagee is entitled for
principal, interest accrued and costs shall be made to the
said mortgagee without prejudice to the rights the Insured
may have on the difference.

This clause to be null and void on receipt of advice from

the said mortgagee that they are no longer interested in
the property insured under this Policy.

14 CANCELLATION CLAUSE This policy may be cancelled by either the Insurers or the
Insured giving 30 days notice in writing of such
(C01) cancellation. If cancelled by the Insurers they will return a
pro rata portion of the premium in respect of the
unexpired period of the policy. If cancelled by the insured
a return of premium shall be at the discretion of the
Insurers. There will be no return of premium in respect of
any interest on which a loss is paid or is payable under
this Policy.

15 CO-INSURANCE CLAUSE ac 1. Being a CO-INSURER of the under mentioned insurance 1.
companies, they shall, each for themselves and not one
(C02) for the other, severally and independently have the rights
and assume the liabilities in proportion to their respective
shares as mentioned below.
2. The PT. Asuransi Tri Pakarta as the representative of the2.
CO-INSURER(S), shall attend to all matters connected
with this CO-INSURANCE but settlement of claims within
the terms and condition of the policy and premium
collection are handled by each CO-INSURER
independently. 3.
3. Any agreement of decision which may be made between
the assured and PT. Asuransi Tri Pakarta in connection
with this CO-INSURANCE shall be final and binding upon
all CO-INSURER(S). Nevertheless any revision or
alteration in rate, terms and conditions of the policy or
any increase of liability over and above the initial Sum
Insured will be subject to prior agreement of CO- 4.
INSURER(S).
4. Any notice which may be given by the Insured to PT.
Asuransi Tri Pakarta in writing or otherwise shall be 5.
deemed as given to all other CO-INSURER(S) as well.
Sebagai KO-ASURADUR dari perusahaan asuransi yang disebut di
bawah ini, mereka akan, masing-masing untuk dirinya sendiri dan tidak
untuk yang lain, secara terpisah dan secara independen mempunyai
hak dan tanggung jawab secara proporsional terhadap masing-masing
saham sebagaimana disebut dibawah ini.
PT. Asuransi Tri Pakarta sebagai wakil para KO-ASURADUR akan
bertindak dalam segala hal yang berkaitan dengan KO-ASURANSI ini
tetapi penyelesaian klaim sesuai dengan syarat dan ketentuan polis
dan penagihan premi dilakukan oleh masing-masing KO-ASURADUR
secara independen.
Setiap keputusan yang disetujui yang dilakukan antara Tertanggung
dan PT. Asuransi Tri Pakarta yang berkaitan dengan KO-ASURANSI ini
merupakan keputusan terakhir dan mengikat semua KO-ASURADUR.
Namun demikian setiap revisi atau perubahan suku premi, syarat dan
ketentuan polis atau setiap kenaikan tanggung jawab yang melebihi
dan diatas Harga Pertanggungan yang tertulis akan tunduk pada
persetujuan KO-ASURADUR sebelumnya.
Setiap pemberitahuan yang disampaikan oleh Tertanggung kepada PT.
Asuransi Tri Pakarta secara tertulis atau cara lainnya dianggap sebagai
telah disampaikan juga kepada semua KO-ASURADUR.
Nama KO-ASURADUR dan saham masing-masing adalah sebagai
berikut:
 5. Names of CO-INSURER(S) and their respective shares
are as follows: Nama Penyertaan (%)

Name Share (%) PT. Asuransi Tri Pakarta ...................................

PT. Asuransi Tri Pakarta ........................

16 CLAIM CONTROL CLAUSE Notwithstanding anything herein in the contrary, it is a

condition precedent to any liability under this reinsurance
(C03) that,

A) The reassured shall, upon knowledge of any loss or

losses which may give rise to a claim under this
reinsurance, advice the reinsurers thereof as soon as
possible.

B) The reassured shall furnish the reinsurers with all

information available respecting such loss or losses, and
the reinsurers shall have the right to agree prior the
appointment of any adjusters assessors and/or surveyors
and to assist and agree prior to all negotiations,
adjustments and settlements in connection with such loss
or Losses.

17 CAPITAL ADDITIONS CLAUSE ( 10 The insurance hereby extends to cover alterations,

additions and improvements (but not appreciation in
%) value) in excess of the sums insured for buildings and
(C04) machinery specified in the Policy for an amount not
exceeding 10% of the sums insured thereby or Rp
......................... whichever is the less, it being
understood that the Insured undertakes to advise the
Insurer each quarter of such alterations, additions and
improvements and to pay the appropriate additional
premium thereon.
COMMENT Underwriters to guarantee reasonable amount

18 CLAIM NOTIFICATION CLAUSE (30

DAYS) (C05)
19 COMPUTER RECORDS CLAUSE This insurance includes cover for computer system records
but only for the value of the materials together with the
(C06) cost of clerical labour and computer time expended in
reproducing such records (excluding any expenses in
 connection with the production of information to be
recorded therein) and not for the value to the Insured of
the information contained therein for an amount not
exceeding in the aggregate Rp. 10,000,000.00

20 CARGOISM ENDORSEMENT Applicable to shipment on board Ro-Ro passenger ferries.

(C07) Applicable with effect from 1 July 1998 to shipment on

board:

1). passenger vessels transporting more than 12

passengers and
2). oil tankers, chemical tankers, gas carries, bulk carries
and cargo high speed craft of 500 gt or more.

Applicable with effect from 1 July 2002 to shipment on

board all other cargo ships and mobile offshore drilling
units of 500 gt or more.

In no case shall this insurance cover loss, damage or

expense where the subject matter insured is carried by
vessel that is not ISM Code certified or whose owners or
operators do not hold and ISM Code Document of
Compliance when at the time of loading of the subject
matter insured on board the vessel, the Assured were
aware, or in the ordinary course of business should have
been aware:

a). Either that such vessel was not certified in accordance

with the ISM Code
b). Or that a current Document of Compliance was not held
by her owners or operators

as required under the SOLAS Convention 1974 as

amended.

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 binding contract.

21 CAR PARK FACILITIES ( It is hereby declared and agreed that the insurance by this
Policy is extended to cover the legal liability of the
Insured in respect of loss or damage to vehicle under the
control of the Insured or the Inaured`s parking
attendants whilst in the car park of the Insured.

Provided that:
 a. The Insurer shall not be liable for any such loss or
damage insofar as such loss or damage is covered by any
other insurance.
b. The liability of the Insurer under this Endorsement in
repect of any such loss or demage and under this Policy in
respect of any bodily injury or demage to property shall
not in any case exceed the limit of liability specified in the
Policy.

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