Machinery And Equipment Policy


Introduction

This policy is designed to cover immobile industrial or commercial equipment.

Scope of Cover
This policy will indemnify the Insured against loss or damage to the Insured Property arising from:-
i) Fire and Lightning
ii) Theft
iii) External Accidental Damage

Exclusions
i)     Wear and tear, depreciation, any process of cleaning, dyeing, repairing, restoring or renovating or dismantling
ii)    Mechanical derangement or defect
iii)   Transit including the process of loading and unloading
iv)   Outside Territorial Limit
v)    Overloading and straining
vi)   Explosion of any boiler
vii)  Flood, subsidence and landslip
viii) Consequential loss
ix)   Legal Liability

Extensions
i) Flood
ii) Strike Riot and Civil Commotion


Sum Insured
The sum insured under this policy can be on the following basis:-
i) Market value
ii) Reinstatements or replacement value (to be granted not exceeding 5 years of age)

Rating
Example:
Item Insured : Static Factory Machinery
Policy Jacket : Machinery & Equipment (Name Perils Policy/ Fire & Selected Perils) Class Code A-43-43.  
Engineering Premises, Blacksmith (General Metal Works) Code 1512 Construction C1A
Insured does not need any extension (Assumption)


The Machinery and Equipment's rate computation is as follow:  
Machinery & Equipment Risk's Rate: 0.170% less 25% = 0.1275%
 Fire And Lightning Rate  0.1275%
These perils are covered in the Machinery & + Equipment Policy 
 { 
 RSMD 0.0140% 
 { EICB 0.0560% 
 { 
 Bursting 0.0060% 
 { Aircraft Damage 0.0050% 
 { 
 Explosion 0.0080% 
 { Impact Damage 0.0040% 
 { 
 Sub Total Perils Rate  

 0.0930%
 { Theft & Accidental    

 0.1500%
    0.3705%
    
    
 Indicative 
Rate To Charge 0.7000% 0.4199%
 0.4199%X85%X100/75    
 0.4759
Round up to 0.48% less 25%. This is guide to charge.        

If possible to charge a higher rate than 0.48% but not lower.
Important Note : All Risks' rate must not be lower than fire Rate.


Claims
Document Checklist (Non Motor Claim) **
MACHINERY & EQUIPMENT ALL RISKS CLAIM
1 Police report
2 Purchase invoices
3 Quotation for repairs / replacement
4 Photograph of damage
5 Claim form



Pengenalan
Polisi ini direka untuk melindungi kelengkapan tanpa bergerak perindustrian atau komersial.

Skop Perlindungan
Polisi ini akan mengganti rugi Pihak Diinsurans-kan terhadap kerugian atau kerosakan kepada Harta Yang Diinsurankan yang timbul daripada:-
i)  Kerosakan Kebakaran dan Ditimpa kilat
ii) Kecurian
iii)Kerosakan Luar Akibat Kemalangan


Pengecualian
i) Pemakaian dan kelusuhan, susut nilai apa-apa, proses pembersihan, pencelupan, pembaikan, pemulihan atau pengubahsuaian atau penanggalan
ii) Kekalutan Mekanikal atau kecacatan
iii)Transit termasuk proses pemuatan/ pemungga-han
iv) Di luar Had Wilayah skop lindungan
v) Bebanan Terlampau tahap dan meneran
vi) Letupan apa-apa dandang
vii) Banjir, tanah tenggelam dan tanah runtuh
viii) Kerugian turutan
ix) Liabiliti disisi Undang-undang


Extensi
1) Banjir
ii) Rusuhan, Mogok dan Kekecohan Awam

Kesimpulan Diinsuranskan
Jumlah yang diinsuranskan di bawah polisi ini boleh berada diatas asas berikut: -
i) Nilai pasaran
ii) Dasar Pemulihan atau nilai penggantian (dilulus jika tidak melebihi 5 tahun)


Penilaian
Contoh:
Perkara Diinsuranskan: Jentera Kilang Statik
Jacket polisi: Jentera & Peralatan (Nama Peril Dasar / Kebakaran & Peril Terpilih) Kelas Kod A-43-43.
Premis kejuruteraan, tukang besi (Kerja-kerja Logam Am) Kod 1512 Pembinaan C1A Diinsuranskan tidak memerlukan apa-apa pelanjutan (Anggapan)

Jentera dan pengiraan kadar Peralatan adalah seperti berikut:
Kadar Risiko Jentera & Peralatan: 0,170% ditolak 25% =0.1275%
 Fire And Lightning Rate  0.1275%
Peril ini diliputi dalam Polisi Peralatan & + Jentera  
 { 
 RSMD 0.0140% 
 { EICB 0.0560% 
 { 
 Bursting 0.0060% 
 { Aircraft Damage 0.0050% 
 { 
 Explosion 0.0080% 
 { Impact Damage 0.0040% 
 { 
 Sub Total Perils Rate  

 0.0930%
 { Theft & Accidental    

 0.1500%
    0.3705%
    
    
 Indicative 
Rate To Charge 0.7000% 0.4199%
 0.4199% X85% X 100/75    
 0.4759
Pembundaran sehingga kepada 0.48% ditolak 25%. Ini adalah panduan untuk penggiraan premium.   
Jika boleh, mengenakan kadar yang lebih tinggi daripada 0.48% tetapi tidak lebih rendah.
Nota Penting: Semua Risiko kadar tidak mesti lebih rendah daripada Kadar kebakaran tariff.

Tuntutan
Senarai Semakan Dokumen (Tuntutan Bukan Motor) **
TUNTUTAN JENTERA & PERALATAN SEMUA RISIKO 
1 Laporan Polis
2 Invois Pembelian 
3 Sebutharga pembaikan / penggantian
4 Gambar/ foto kerosakan
5 Borang Tuntutan 

Visits




 介绍

这一保单政策旨在涵盖不动的工业或商业设备。

覆盖范围
这项政策将赔偿保险对引起的保险财产的损失或损害: - 
一)消防和闪电
二)盗窃
三)外部意外伤害



排除
一)磨损和撕裂,折旧任何清洗过程,印染,修理,恢复或改建或拆除
二)机械紊乱缺陷
三)交通,包括加载过程和卸载
四)境外地域限制

五)超载和紧张
任何锅炉爆炸
七)洪水地陷及山泥倾泻
相应的损失
九)法律责任



扩展
一)洪水
二)罢工暴动内乱


保险金额
保险金额根据这项政策可以在以下基础上: - 
一)市场价值
二)修复或更换的价值(
被授予, 不超过5 nian


等级
例如:
受保项目静态机械厂
保单外套:机械及设备(名称危险政策/消防选定的危险)类代码A-43-43工程处所,铁匠一般金属工程)代码1512建设C1A
投保人不需要任何扩展(假设)



机械设备速度计算如下:
机械及设备风险利率0.170少25%=0.1275

 Fire And Lightning Rate  0.1275%
These perils are covered in the Machinery & + Equipment Policy 
 { 
 RSMD 0.0140% 
 { EICB 0.0560% 
 { 
 Bursting 0.0060% 
 { Aircraft Damage 0.0050% 
 { 
 Explosion 0.0080% 
 { Impact Damage 0.0040% 
 { 
 Sub Total Perils Rate  

 0.0930%
 { Theft & Accidental    

 0.1500%
    0.3705%
    
    
 Indicative 
Rate To Charge 0.7000% 0.4199%
 0.4199%X85%X100/75    
 0.4759
Round up to 0.48% less 25%. This is guide to charge.        

If possible to charge a higher rate than 0.48% but not lower.
Important Note : All Risks' rate must not be lower than fire Rate.


Claims
Document Checklist (Non Motor Claim) **
MACHINERY & EQUIPMENT ALL RISKS CLAIM
1 Police report
2 Purchase invoices
3 Quotation for repairs / replacement
4 Photograph of damage
SelectionFile type iconFile nameDescriptionSizeRevisionTimeUser
ċ

View
1st Principal_IMPORTANT NOTICE TO AGENT  Jan 6, 2013, 4:38 AM Simon Poon
SelectionFile type iconFile nameDescriptionSizeRevisionTimeUser
SelectionFile type iconFile nameDescriptionSizeRevisionTimeUser
ċ

View
1ST PRINCIPAL_COMMERCIAL -ENDORSEMENT / REQUEST FOR CHANGE FORM - INTERACTIVELY FILLING WITH GOOGLE CHROME  Nov 25, 2012, 6:42 AM Simon Poon
ċ

View
1ST PRINCIPAL_COMMERCIAL -ENDORSEMENT / REQUEST FOR CHANGE FORM  Nov 25, 2012, 6:42 AM Simon Poon
SelectionFile type iconFile nameDescriptionSizeRevisionTimeUser
ċ

View
1st Principal__PROPOSAL FORMS  Jan 6, 2013, 4:21 AM Simon Poon
Comments