Friday, August 16, 2024

SAMPLE WORDING PADA INTEREST INSURED - BUILDING / BANGUNAN (1) & BUSINESS INTERRUPTION

 

SECTION I – MATERIAL DAMAGE

BUILDING

On building and all real and personal property of any kind nature or description in and/or about the insured premises including but not limited to materials on the ground and all structural appurtenances, fixtures-fittings attached and belonging thereto and external walls gates, fences, car parks, driveways, pavements, gangways, alleys and annexes underground cable supplies, gas-pipes, machinery and plant (including its supporting and protective structures) lift, generators, chiller-boilers, moveable-equipment, non-licensed vehicle,  furniture, fixtures-fittings and utensils of every description including but not limited to Office inventory and equipment, Televisions, CCTV, AC, PABX and Telephone set, mobile-phone and hand-phone, Fax and Copy machines, computers & laptop including its installation network (LAN & Internet) and its supporting equipment, all kitchen equipment, sports club and restaurant including other supporting facilities, including their inventory, interior decoration and improvements, business books including cost of rewriting business records computer records and software, landscape and cost of replanting the garden guests and tenants effects of which Insured has assumed liability and all other contents of every type and description not otherwise insured the property of the Insured and/or held by them in trust whilst in and/or about the Insured premises. (Cover shall be deemed to include the property of the guests and tenants for which the Insured has assumed or wishes to have assumed liability with limit USD. __________ any one accident).        

SUM INSURED                                                                                                                USD. ____________

 
SECTION II – BUSINESS INTERUPTION

One hundred percent (100%) of the amount which the Insured is entitled to recover under the provisions of the attached specification which is declared to be incorporated in and to form part of this schedule but not exceeding the Total Sum Insured hereby.

 
For Indemnity Period : 12 (twelve) months

 

Ä   On Loss of Gross Revenue             USD. __________

Ä   On Wages                                         USD. __________

Ä   On Auditor’s Fee                             USD. __________

 

SUM INSURED                                                                                                                                                 USD. _________

 
TOTAL SUM INSURED PROPERTY DAMAGE & BUSINESS INTERRUPTION                                                                                                                               USD. ____________

 

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