Settlement of Dispute (Court of Law) Clause

SETTLEMENT OF DISPUTE (COURT OF LAW) CLAUSE #

It is hereby noted and agreed that the Insured and the Insurer shall settle the dispute through the competent Indonesian Court of Law

                ARTICLE 22

                CONCLUSION

1. Should there be any difference in the wordings contained in this Policy and that circulated under a decree of Dewan Asuransi Indonesia to all members of the Non Life Sector of Dewan Asuransi Indonesia, the original of which is filled at the General Secretariat of Dewan Asuransi Indonesia, then the valid version shall be the latter.
2. Matters which may not be sufficiently provided for in this Policy shall be subject to the provisions of the Commercial Code (Kitab Undang – Undang Hukum Dagang).

(This wording is a translation of the original version in Bahasa Indonesia; in the event of any dispute arising from the interpretation of any meaning herein, the terms and conditions shall be interpreted according to the original Bahasa Indonesia version).