SPECIAL ELECTRICAL SHORT CIRCUIT COVERAGE CLAUSE (AMENDED) #
It is hereby expressly understood and agreed that in consideration of the payment of an additional premium as arranged, this policy also covers loss or damage to any generator, motor, transformer and/or other electrical machine and/or electrical installation except household appliance insured under item A of the schedule of the policy caused by short circuit or self heating subject to a deductible of 5% of the value of each item directly damaged with a maximum of Rp. 20.000.000,- any one accident.
However, this cover is inapplicable if the risk is covered under “Machinery Breakdown” or any other special policy.
It is also further agreed that this extension is based on a first loss limit on the whole insured property that no under insurance provision shall apply in event of a loss or damage
First Loss Limit : AS STATED IN THE POLICY SCHEDULE
Leave A Comment
You must be logged in to post a comment