Sabtu, 01 Juni 2013

EXTRA CHARGES CLAUSE

Notwithstanding anything contained herein to the contrary it is hereby declared and agreed that in the event of a claim the Insurers will also indemnify the Insured against the reasonable additional expenses incurred by the Insured.
(i)    in respect of overtime working and work carried out on Sundays, Holidays and at night
(ii)    for transport costs at express carriage, air freight rates or replacement parts damaged machinery and/or property
(iii)    for the sole purpose of effecting replacements of or expediting the repairs for the costs of which the Insurers are liable.

Provide always that the Insurer’s liability in respect of such additional expenses shall not exceed 100 per cent of the cost of the replacement or the repairs had such additional expenses not been incurred.
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