FQ asurensi
7) sinarmas
} MARINE CARGO OPEN COVER
‘TYPE OF INSURANCE
‘THE REINSURED
THE INSURED
ADORESS
INSURANCE PERIOD
INSURED INTEREST
conveYANces
MAX, LIMIT OF LABILITY
PACKING
vorace
BASIS OF VALUATION
INSURING CONDITIONS
PT Asuransi Sinar Mas
NR. C04.051,2011.00716
MARINE CARGO OPEN COVER INSURANCE
PT. ASURANSI SINAR MAS
AMR RNR mT
‘Owners and/or Subsidiaries, Associated or Affiliated Companies and/or
fother Companies Owned, Operated, Managed or Cotrolled for their
respective rights and interest
‘Always open for full amount irrespective of declaration effective from
November 01, 2011 up to until cancelled with 30 days notice of
cancellation in written by either parties, Such cancellation wil not effect
existing cover in respect of certifcate or cover note already issued.
Spare Parts For Machinery (Brand New), subject to fully packing as
per standard packing
By steel cargo vessel of any type as per Institute Classification Clause
4.01.01, Max. 35 years old, min.1.000 GRT, excluding by Barge!
LeT/ooden Vessel
USD. §,500,000,00/ shipment
Full Container Loading (FCL) Packing (By Sea)
From any where in Indonesia (dorinan Jakarta) to Any where in the
Worle
Invoice value or as declared by the insured
+ Institute Cargo Clauses “A 1.1.82
+ Inetitute Cyber Attack Exclusion Clause 10/1/03
+ Institute Radioactive Contamination , Chemical , Biologic:
and electromagnetic weapons exclusion cause.
+ Institute Classification Clause 1.07.01 amended to Include BKI
Classification. Max 35 years old min 1000 GRT
+ Computer Millennium Clause (Cargo) JC98/04
+ Cargo ISM Endorsement
= Currency Clause
+ Important Ciause
+ Termination of Transit Clause (Terrorism)
+ Institule Replacement Clause 1/1/34
+ 60 Days Termination Clause
+ Subject to FCL Packing
+ Subject to Standard Packing
+ Subject o Brand New Item
+ Excluding Loss or Damage for unknown reason
+ Exlude Mysterious Loss
+ Cargo ISM forwarding charges clause.
|, Biochemical
Plaza Simas. JI. KH. Fachnudin No. 18, Jakarta 10250 - Indonesia
HOTLINE 24 jam: (021) 235 67
‘988+ Tein: 1021) 390 2141 Hunting) Faks: (021) 390 2189 / 60 « www sinarmas.co.idMRERR ERE ETTSECETEE
asuransi
€4) sinarmas
+ Indonesian Law and Jurisdiction.
+ Excluding Rust, Bent, Breakage, Denting, Chipping, Cracking, Twisting,
Oxidation, Discoloration and Scratch except caused by perils insured
against
+ Excluding Mechanical and Electrical Derangement
+ Transhipment in ordinary of course of transit only
RATE 012%
peoucTiste Interest total loss accident:
+ 0,25% of Total Sum Insured, minimum USD.1001 2.
Interest partial claim
+ 0,5 % of claim, minimum USD.25/ a.0.a
DECLARATION 1, The Assured is bound to declare each shipment made during the
period of the open cover, and the Insurer is bound to accept same up
but not exceeding the amount of any one conveyance specified in the
contract
shippingfloading advice for issuing policy must be notifed to the
insurer within 3. days after shipment has been carried out,
2. Any omission, error, or delay in declaring shipments shall not
prejudiced the Assured, provided such omission, error or delay is not
‘caused by willful misconduct or negigence and such omission, ettor
or delay shalt be rectified by given promptly to tre Company,
3. The Company shall have the privilege at any time during office hours
to inspect the records of tie Assured in respect of shipment coming
within the provision of this Open Cover.
Jakarta, November 01, 2011
For and on behalf of ¢
PT. ASURANSI SINAR MAS [
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