Master PolicyPLWord文件下载.docx

1、 Date of Issue : Oct.31 2011Place of Issue : Guangzhou Add： 9/F 10/F, North Block, PICC Plaza, No.303 Guangzhou Avenue, Guangzhou ChinaZip Code：510600Tel： （020）87365888 Fax： （020）37570188SCHEDULEPolicy No. :1. Name and Address of the Insured: 1.1 The Insured: LG Electronic Beijing Technical Service

2、Center & other LG Electronics in China 乐金电子（中国）有限公司 1.2 Address: No.14 Building, Songyudongli, Chaoyang District, Beijing, P.R.China2. Insured Products or Goods: 2.1 Description: All products sold in China by LG Electronics Enterprise in China 2.2 Turnover: RMB 12,366,635,400.002.3 Territory: Within

3、 the territory of P.R.China （excluding H.K. SAR, Macao SAR & Taiwan）3. Territory of Coverage: Within the territory of P. R .China （excluding H.K. SAR, Macao SAR &4. Limit of Indemnity: 4.1 Limit of Indemnity for Any One Accident*: USD500,000.00 4.2 Aggregate Limit of Indemnity: USD1,000,000.00 The w

4、ords ANY ONE ACCIDENT shall mean any one accident or series of accidents arising out of one event.5. Deductible: USD1,000.00 for property damage any one accident6. Period of Insurance: From 1 November 2011 at 0:00 to 31 October 2012 at 24:007. Premium 7.1 Premium Rate: 0.04086% 7.2 Deposit Premium:

5、RMB 5,000,000.008. Jurisdiction: Chinese Jurisdiction9. Retroactive Date: November 1, 200610. Special Provisions: Claim Made Basis Clause （Retro date: Nov. 1st, 2006） Additional Insured（Vendors） Clause Products Recall / Guarantee Exclusion Batch Clause Y2K Exclusion Clause in Liability InsurancePrem

6、ium Adjustment Clause（Minimum premium RMB4,500,000.00） Adjusters：GAB Robins China Co., Ltd or other adjusters appointed by the Insurer. Premium Installment Clause: 3 Installments （34%:33%:33%）Section 1: Before Dec.20,2011 Premium: RMB1,700,000.00 Section 2: Before May 20,2012 Premium: RMB1,650,000.0

7、0 Section 3: Before Oct.20,2012 Premium:PICC P&C PROPERTY AND CASUALTY COMPANY LIMITEDPRODUCTS LIABILITY INSURANCE CLAUSES （1995 VERSION）. Contract Constitution The Insurance Clauses, Proposal Form, Policy or Certificate, and Endorsements （if any） constitute this Insurance Contract. Any agreement re

8、lated to this Insurance Contract shall be in written form. Scope of Cover1. The Insurer will indemnify the Insured in the manner and within the Limit of Indemnity as specified in the Schedule against such sum as the Insured shall become legally liable to pay in respect of claims made against the Ins

9、ured arising from bodily injury to or illness or death of or loss of or damage to property of one or more persons using , consuming or handling the insured products or goods, or of any other persons consequent upon an occurrence taking place in the territory of coverage within the period of insuranc

10、e caused by products or goods manufactured or sold by the Insured as stated in the Schedule.2. In respect of any claim covered under this Policy, the Insurer shall in addition indemnify the Insured against the relevant litigation costs payable by the Insured and other expenses incurred in the above

11、mentioned occurrence with the prior written consent of the Insurer.The total sum payable by the Insurer for each occurrence under the above-mentioned item 1 and item 2 should not exceed the Limit of Indemnity for each occurrence as specified in the Schedule of the Policy. During the Period of Insura

12、nce, the total liability of the Insurer for the sums of compensation and the litigation costs and expenses shall not exceed the Aggregate Limit of Indemnity as specified in the Schedule of the Policy. Exclusions The Insurer shall not be liable for:1. liability assumed in accordance with any agreemen

13、t between the Insured and other parties, unless such legal liability would have been attached to the Insured notwithstanding such agreement;2. liability assumed by the Insured under any Labor Law or Workmens Compensation Statute;3. liability of the Insured to employees which is based on the relation

14、ship of employer and employee;4. loss of or damage to the insured products;5. costs arising out of replacement or recall of the insured products;6. loss of or damage to property belonging to or held in care, custody or control of the Insured;7. bodily injury, illness or death or damage to property s

15、ustained by any person caused by products or goods manufactured or sold by the Insured in willful violation of any law;8. liability arising out of pollution of any kind or description whatsoever such as pollution of atmosphere, land and water caused by the insured products;9. liability for loss of o

16、r damage to the aircrafts or ships caused by the insured products;10. liability for any consequence arising directly or indirectly from war, warlike operation, hostilities, armed conflicts, terrorism, conspiracy insurrection, coup detat;11. liability for any consequence arising directly or indirectl

17、y from strike, riot, civil commotion or malicious acts;12. liability arising directly or indirectly from nuclear fission, nuclear fusion, nuclear weapon, nuclear material, nuclear radiation and radioactive contamination;13. fines, penalties, punitive or exemplary indemnities;14. the deductibles as s

18、tated in the Schedule or stipulated in the Policy to be borne by the Insured;15. Any other loss, expenses or liability not covered under this Policy. Claim Treatment1. In the event of any occurrence or lawsuit recoverable under this Policy:1.1 Once the Insured receives a claim notice from the victim

19、, the Insured shall notify the Insurer immediately. The Insurer is not bound by any admission, rejection, offer, promise, payment or indemnity made or given by the Insured to the victim without the written consent of the Insurer. The insurer is entitled to verify the indemnity promised or paid by th

20、e Insured and shall not assume any liability not covered under this policy or exceed the portion of indemnity the Insurer shall be liable for；1.2 The Insurer shall be entitled, at its own expense and for its own benefit, to lodge in the name of the Insured any claim for indemnity against any respons

21、ible persons. Without the written consent of the Insurer, the Insured shall not accept the payment or arrangement of indemnity in respect of the loss or damage offered by any party held responsible for such loss or damage and shall not abandon the right of recovery from such party, otherwise, the In

22、sured shall be liable for any consequence arising therefrom；1.3 The Insurer shall have full discretion to conduct any proceedings or settle any claim which should be paid by the Insurer ultimately, and the Insured shall give all necessary information and assistance as the Insurer may require.2. The

23、indemnity that shall be paid by the Insurer for each occurrence is subject to court award, arbitration award or settlement agreed by the Insured, the victim and the Insurer.3. Bodily injury to or illness or death of or damage to property of more than one person arising from same lot of products or g

24、oods manufactured, sold due to the same cause shall be considered as resulting from one occurrence.4. Upon receipt of a claim from the Insured, the Insurer shall confirm whether the Loss is covered by this Policy or not in a timely manner and notify the Insured of the decision. For complicated case,

25、 if the Insurer could not confirm whether the loss is covered by this Policy or not within 30 days counting from the date when the Insurer receives the indemnity request from the Insured, the Insurer shall consult with the Insured to set down a reasonable period according to actual situation, then m

26、ake the decision and notify the Insured within the above period. The Insurer shall fulfill the obligation of payment within ten days after reaching an agreement with the Insured if the loss is covered under this Policy.If the loss is not covered under this Policy, the Insurer shall issue a rejection

27、 letter and explain the reasons to the Insured within three days after the decision.5. The Insurer shall allow an advance payment that can be determined by the available proofs or documents if the final settlement amount cannot be determined within sixty days after receipt of such claim and relevant

28、 documents, and pay the balance to the Insured after the final amount of indemnity is adjusted.6. Upon an occurrence causing bodily injury or property damage to the victim by the insured products, the insurer shall not indemnify the insured until the insured indemnifies the victim.7. The time limita

29、tion of action to claim for indemnity raised by the insured to the insurer under this Policy shall be two years counting from the date when the Insured has known or should have known the occurrence of the Accident. Obligations of the Applicant and/or insured The following Obligations shall be strictly fulfilled by the applicant, Insured and their representative