Senin, 10 Desember 2012

INDEMNITY TO PRINCIPALS CLAUSE

This policy is extended to indemnify the Principal for claims in respect of bodily injury or damage to property arising out of the business of the Insured.

In the event of the Principal being entitled to indemnify under any other insurance policy the indemnity granted herein will apply in respect of an amount in excess of that provided by such other policy.

PROVIDED ALWAYS THAT it shall be a condition precedent to the liablity of the company herein that the Principal hereby indemnified shall company with and be subject to the terms conditions and exceptions of the Policy as though such Principal were the Insured.
Previous Post
Next Post

post written by:

0 komentar:

Terimakasih telah berkunjung. Silakan meninggalkan komentar, bertanya, atau menambahkan materi yang telah saya sediakan.