小水电保险方案.docx

1、小水电保险方案小水电工程项目安装工程一切险保险经纪有限公司年 月 日CONTRACTORS ALL RISKSPolicy Form:Based on Standard Munich Re Policy and Following endorsementsOriginal InsuredSection I & II （a）Employer/Owner: （b）EPC Contractor: CHINA HUADIAN ENGINEERING CO.,LTD.（c）The sub-contractors and sub-suppliers of any tier whilst on site a

2、nd elsewhere as stated herein（d）Architects and/ or consulting Engineers in respect of their Manual activities whilst on site（e）Project Financiers (f）any Operator, Licensor/Licensee, Franchisor/Franchisee and/or Manager with whom Employer/Owner has entered or will be entering into agreements(s) or co

3、ntract(s) in connection with the Project; All for their respective rights and interest.Insured ProjectSisira hydropower plantProject LocationPeriod of Insurance Construction/Erection Period: Within about 650 days from the date to be advised including testing and commissioning of 2 months.Any extensi

4、ons of the Period of Insurance are automatically held covered up to 6 months without additional premium; any further extension should be charged by an additional premium of no greater than pro-rata premium.Plus 12 months extended Maintenance / Defects Liability period. Maintenance or Defects Liabili

5、ty Period commence from the date of the Completion of the Project.Completion of the Project means the handover of all property (after acceptance by the Employer according related conditions in the related contract unless otherwise determined by the Employer) of the Project from Contractors to Employ

6、ers. Interest InsuredSection I Material DamageConstruction/Erection works: All permanent and temporary works, temporary buildings, materials, spares, machinery and equipment, office equipment, tools, and all other property or equipment of whatsoever nature or description, the property of the Insured

7、 or that for which they are responsible at the site or elsewhere within the Territorial Limits including whilst in transit or temporarily stored at or away from the site all in connection with the project work.Contractors Plant and EquipmentSection II Third Party LiabilityTo cover legal liability ar

8、ising out of the performance of the project work in respect of: -death, personal injury of third parties including illness and disease contracted by any person-loss of or damage to the property of third parties-all costs and expenses of litigation recovered by any claimant from the Insured-all costs

9、 and expenses incurred with the written consent of the Insurers arising out of the project work during the construction period and whilst carrying out obligations under the warranty period.Deductibles Section I Material DamageEstimated Contract Value-RMB 68312700 1) 10% of loss, minimum USD100000 -

10、any one occurence-loss,destruction or damage caused by flooding, hurricanes, typhoons, earthquake, flood, water damage, subsidence or collapse, overtopping, designers risk, haul roads once in use either partially or fully;2) 10% of loss, minimum USD 50000 - any occyrrence -all other loss or damange.

11、Section II Third Party LiabilityUSD50000 for Vibration, Removal or Weakening of SupportUSD 10000 any one occurrence in respect of other Third Party Property DamageNil in respect of Third Party Bodily InjuryJurisdictionShall be governed by and construed in accordance with the law of kingdom of Cambod

12、ia.Terms and Conditions Cover includes, but not limited to, the following additions:Section I: Material Damage1) Strike, Riot and Civil Commotion 2) Extended Maintenance (24 months)3) Extra Charges (Limit: USD 100000 a.o.a. Or 25% of loss, whichever is lower)4) Inland Transit (Limit: USD 1000000 any

13、 one conveyance)5) Contract Works Taken Over or Put into Service6) Existing Property ( Limit: USD 10,000,000 a.o.a and in aggregate)7) Professional Fees Clause (sub limit 5% of sum insured) 8) Automatic Reinstatement of Sum Insured ( Additional Premium for losses greater than USD 5,000,000)9) Electr

14、onic Data Recognition Clause (NMA 2914)10)Offsite Fabrication Clause ( sub limit USD1,000,000)11)Plans and Documents (sub limit USD100000)12) Property in Offsite Storage( limit USD 100000) 13)Removal of Debris Clause (sub limit 5% of sum insured, max.10% of loss)14) Time Adiustment clause (72 hours)

15、15) Waiver of subrogation against all insured parties, its Directors, Officers, Employees and Consultants.16）Nominated Loss Adjuster (Huaxin, Crwwford, GAB Robins)17) 50/50 clause 18)Automatic Increase Clause (30%) 19)Automatic Extension of period (6 months at pro rata)20) Cessation of work endorsem

16、ent (30 days)21) Vehicles Licensed for General Road Used as Tools of Trade within the contract site22) Loss notification endorsement( 90 days)23) Unexploded bombs clause24) Preventative measures clause ( sub-limit: USD 1000000 any one accident, max 10% of loss)25)Public Authorities clause (sub-limit

17、: USD 5000000)28) Loss payee clause26)Basis of loss settlement(Replacement)27) Temporary repairs clause (sub-limit: USD 1000000 for any one accident)28) Non-vitiation/Breach of conditions clause29) Errors of omissions clause30) No control clause31) Payment on account clause 32) Additional fire fight

18、ing expenses clause ( sub-limit: 10% of loss, max USD 1000000 for any one accident) Section 2: Third Party Liability33) Cross Liability Clause 34) Vibration, Removal or Weakening of Support Clause 35) Additional indemnities36 Contractual liability37) Underground services38) Non-vitiation/Breach of c

19、onditions clause39) Vibration removal and weaking support clausePremium Installments 1st installment:40% within one month from the policy inception2nd installment:30% within eight months from 1st installment3rd installment:30% within twelve months from 1st installmentReinsurance Conditions1) Claim C

20、ontrol Clause2) Reinsurance Cut Through Clause3) Simultaneous Settlements Clause4) Several Liability Notice LSW10015) Premium Payment Clause LSW3001Reinsurance Rate:Total Premium: Section I:Secition II:ERECTION ALL RISKS INSURANCE POLICYGeneral Exclusions The Insurers will not indemnify the Insured

21、in respect of loss, damage or liability directly or indirectly caused by or arising out of or aggravated bya) war, invasion, act of foreign enemy, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, mutiny, riot, strike, lock-out, civil commotion, military o

22、r usurped power, a group of malicious persons or persons acting on behalf of or in connection with any political organization, conspiracy, confiscation, commandeering, requisition or destruction or damage by order of any government de jure or de facto or by any public authority;b) nuclear reaction,

23、nuclear radiation or radioactive contamination;c) willful act or willful negligence of the Insured or of his representatives;d) cessation of work whether total or partial.In any action, suit or other proceeding where the Insurers allege that by reason of the provisions of Exclusion a) above any loss

24、, destruction, damage or liability is not covered by this insurance the burden of proving that such loss, destruction, damage or liability is covered shall be upon the insured.Period of CoverThe liability of the Insurers shall commence notwithstanding any date to the contrary specified in the Schedu

25、le, directly upon commencement of work or after the unloading of the items entered in the Schedule at the site and shall continue until immediately after taking over or after the first test operation or test loading is completed whatever is the earlier. If, however, a part of a plant or one or sever

26、al machine(s) is/are tested and/or put into operation or taken over, the cover for that particular part of the plant or machine(s) and any liability resulting therefrom ceases whereas the cover continues for the remaining parts.In the case of second-hand items, the insurance hereunder shall, however

27、, cease immediately on the commencement of the test.At the latest the insurance shall expire on the date specified in the Schedule. Any extensions of the Period of Insurance are subject to the prior written consent of the Insurers.General Conditions 1. The due observance and fulfillment of the terms

28、 of this Policy in so far as they relate to anything to be done or complied with by the Insured and the truth of the statements and answers in the questionnaire and proposal made by the Insured shall be a condition precedent to any liability of the Insurers.2. The Schedule and the Section(s) shall b

29、e deemed to be incorporated in and form part of this Policy and the expression this Policy wherever used in this contract shall be read as including the Schedule and the Section(s). Any word or expression to which a specific meaning has been attached in any part of this Policy or of the Schedule or

30、of the Section(s) shall bear such meaning wherever it may appear.3. The insured shall at his own expense take all reasonable precautions and comply with all reasonable recommendations of the Insurers to prevent loss, damage or liability and comply with statutory requirements and manufacturers recomm

31、endations.4. a) Representatives of the Insurers shall at any reasonable time have the right to inspect and examine the risk and the Insured shall provide the representatives of the Insurers with all details and information necessary for the assessment of the risk.b) The Insured shall immediately not

32、ify the Insurers by telephone or Email and in writing of any material change in the risk and cause at his own expense such additional precautions to be taken as circumstances may require, and the scope of cover and/or premium shall, if necessary, be adjusted accordingly.No material alteration shall be made or admitted by the Insured whereby the risk is increased, unless the continuance of the insu