AUTOMATIC REPAIR CLAUSE #
Version I #
It is hereby agreed and declared that :
- Authorized Distributors of the manufacturers and/or
- Repairers appointed by the manufacturers or authorized Distributors
Are allowed to repair any plant machinery equipment where the loss estimated by their engineers is bellow Rp. 50,000,000.00
Version II #
Notwithstanding anything contained in the policy to the contrary, it is hereby noted and agreed that the Insured is given the authority to repair any loss of or damage to the equipment insured caused by perils covered under this policy without prior examination by the insurer with the maximum limit of USD 5,000.00 any one unit provided that :
- The Sum Insured of the damaged equipment is USD 50,000.00 or more.
- The Insured preserves the parts affected and makes them available for inspection by a representatives or surveyor of the Insurer.
It is further noted and agreed that the attachment of this clause shall in no case be understood as admission of liability on the repaired loss or damage.
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