Selasa, 17 November 2015

Endorsement 1305 Special insurance cover: prolongation of the interruption period due to deterioration

CM insurance – Endorsement 1305
Special insurance cover: prolongation of the interruption period due to deterioration

This endorsement forms part of section 2
and is subject otherwise to the terms, provisions, conditions and exclusions contained in the policy of insurance or endorsed thereon.






1. Indemnification
1.1. The “Operational business interruption section” shall be extended to cover a loss of interest insured resulting from prolongation of the interruption period directly caused by a deterioration of raw materials, intermediate or finished products or operation media, provided that such deterioration results from an indemnifiable interruption of or interference with the business insured as a consequence of an indemnifiable material loss or damage.
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