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    Car Insurance Policy

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    Muhammad Idrees Khan
    This document is an insurance policy schedule for a contractor all risk policy issued by Iran Insurance Co. It provides coverage from October 24, 2022 to January 24, 2023 for fire hydrant paintwork with a contract value of AED 160,000. Section I provides material damage coverage of AED 160,000 with various deductibles for different perils. Section II provides third party liability coverage of AED 3,000,000. The schedule lists various conditions, warranties, and exclusions that apply to the policy.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Car Insurance Policy

    Uploaded by

    Muhammad Idrees Khan
    51 views3 pages
    This document is an insurance policy schedule for a contractor all risk policy issued by Iran Insurance Co. It provides coverage from October 24, 2022 to January 24, 2023 for fire hydrant paintwork with a contract value of AED 160,000. Section I provides material damage coverage of AED 160,000 with various deductibles for different perils. Section II provides third party liability coverage of AED 3,000,000. The schedule lists various conditions, warranties, and exclusions that apply to the policy.

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    This document is an insurance policy schedule for a contractor all risk policy issued by Iran Insurance Co. It provides coverage from October 24, 2022 to January 24, 2023 for fire hydrant paintwork with a contract value of AED 160,000. Section I provides material damage coverage of AED 160,000 with various deductibles for different perils. Section II provides third party liability coverage of AED 3,000,000. The schedule lists various conditions, warranties, and exclusions that apply to the policy.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    51 views3 pages

    Car Insurance Policy

    Uploaded by

    Muhammad Idrees Khan
    This document is an insurance policy schedule for a contractor all risk policy issued by Iran Insurance Co. It provides coverage from October 24, 2022 to January 24, 2023 for fire hydrant paintwork with a contract value of AED 160,000. Section I provides material damage coverage of AED 160,000 with various deductibles for different perils. Section II provides third party liability coverage of AED 3,000,000. The schedule lists various conditions, warranties, and exclusions that apply to the policy.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Iran nsurance Co.

    CONTRACTOR ALL RISK POLICY SCHEDULE

    ABU DHABI BRANCH Rep Code: MEHWISH R


    Attached to and forming part of p·rinted policy wording

    Policy No · 501/AD/CAR/21/000136
    Insured Code · 207314934
    Insured Name : Princioal(s) M/S. CONCORDIA DMCC AS PRINCIPAL &/ OF M/S.
    ALKHAYAM ALMALAKY CONTRACITNG LLC. AS MAIN
    CONTRACTOR &/ OR AS SUB-CONTRACTORS FOR THEIR
    RESPECTIVERIGHTS AND INTERESTS.

    : Proi. consult-
    : Contractors{ s )-
    and /or their Sub Contractor for their respective rights and interests.
    Insured Address: : PO BOX: 90082, Dubai, UAE, 050-1449902 04-3430789
    0501449902

    Contract/Construction Site : MS Area JLT, Dubai, UAE

    Description/Scope of Contract : Fire Hydrant Paintwork at MS Area

    Date of Proposal & Declration : 24-Oct-2022

    Premium As Agreed

    Section I - Material Damage:


    - - -- - ------ - - -- -

    Insured Items Sum Insured (AED) Deductible

    1. Contract Work(Permanent and Temporary Works,


    including all Materials to be in-corporated therein)

    Contract Price 160,000.00 As detailed


    hereinafter

    Total Estimated Contract Value 160,000.00 I

    Total Sum Insured under Section I: 160,000.00

    I Special Limits of Indemnity for specified Risks: Limits of lndemnitv* Deductibles

    *Limit of indemnity in respect of each and every loss or damage and/or series of losses or damages arising out of
    any one event

    .. IT:lt1a•t
    •••
    Policy No. 501/AD/CAR/ /000136 Page 1 of 3

    I R g st red t e Insurance Compan es


    Iran Insurance Co.

    Section II - Third Partv Liabilitv: Limits of lndemnitv* Deductibles

    1 Anv One Event As detailed hereinafter


    1.2 Bodily Injury

    1.3 Any One Person

    1.4 TP Property Damage

    Combined Single Lin1it


    Total Combined Aggregate Limit 3,000,000.00

    Period of Insurance as detailed herein below : from 26-Apr-2021 To 26-Jul-2021

    From To Period (Davs)


    -- ---
    Pre Storage Period
    Contract Work 24-Oct-2022 92
    I 24-Jan-2023
    Testing Period
    Maintenance Period (MD)

    Maintenance Period (TP)

    Incorporated in this Policy is Questionnaire /Quotation. The Following end:orsements are attached to and forming
    part of this policy

    1.3 TP Property Damage


    Subject to no known or reported loss or damage till 24/01/2023.

    WARRANTED THAT THE ENTIRE PLOT TO BE FENCED BEFORE THE COMMENCEMENT OF WORK.

    WARRANTED THAT NO WELDING WORKS ALLOWED INSIDE THE PREMISES WITHOUT THE PERMISSION OF Concordia
    MANAGEMENT AND SHOULD BE UNDER STRICT SUPERVISION.

    PROTECTION OF MATERIALS CONDITION


    Visits Maintenance 12 Months
    TERRORISM EXCLUSION CLAUSE
    Cross Liability

    Subiect to Deductible of:

    10°/o of the claim amount with a minimum of AED 10,000/-on each and every loss except claims arising out of storms.

    Claims arising out of storrns followed by heavy wind


    · s the deductible II be 10 °/o of the claim amount with a
    /., .__
    minimum of AED20,000/- on each and every loss. , ,
    � � C,,:t �(t&. I
    (,
    ✓

    Policy No. 501/AD/CAR/ ----..i 36 � ,_.i1 c.:>IT:IC\O.!! Page 2 of 3

    2 2 •nn.a
    Iran Insurance Co.

    This Policy is subject to Terms and Conditions ,Exclusions and Provisions of attached printed "Contractor All
    Risk Policy" wording, and additional aforesaid Conditions, Clauses, Warra·nties, Deductibles and Exclusions
    upto specified Sums Insured an,d / or Limits of Liability/ Indemnityas described herein above in this Policy
    Schedule.

    In Witness whereof the Undersigned being duly authorized bythe the Insured and on behalf of the Insurer
    has / have hereunto set his/their hand(s).

    Signed on behalf of IRAN INSURANCE COMPANY


    On this day of 24 /10/ 2022

    C:J I f:ltuJ.!!

    Policy No. 501/AD/CAR/21/000136 Page 3 of 3

    lw b r I 2 62 .... 2 44 In ran e Compan s


    • - r "' �" .J ... _� n----1-~ .. 100.r.

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