ORIGINAL | ASLI

Property/Industrial All Risks Insurance

Including Earthquake Insurance

The Insured
Tertanggun g Astra Agro Lestari Tbk, PT. and/or Subsidiary Company as herein
entered into the contract with, or maybe hereafter be formed or acquired as may
be advised to the Insurer and/or for their respective right and interest
Policy Number
No. Polis 012000073683
Period of Insurance
Jangka Waktu July 01, 2020 to July 01, 2021
Pertanggun gan

NOTE TO INSURED The Insured is particularly requested to read this Policy, Schedule and Condition.
If any error be found, please return the Policy for an immediate correction.

Tertanggung dim ohon untuk memeriksa Polis, Ikhtisar Pertanggungan serta Kondisi-nya.
C ATATAN K EP ADA TERTANGGU NG
Jika terdapat kesalahan, mohon mengembali kan polis ini untuk dapat segera diperbai ki.

C LA IM Grha Asuransi Astra

K LAIM Jl TB Simatupang Kav. 15, Leb ak Bulus, Ciland ak - Jakarta 12440
Telp. +62-21-75 900 800
Fax. +62-21-766 0005, 766 0020

Contact Centre Commercial :

Garda Akses : 1 500 112 Pilih 2 Layanan C ommercial B usiness
SMS +62-8118 500 112
customer_service@asuransiastra.com
 SCHEDULE
IKHTISAR PERTANGGUNGAN
ORIGINA L | ASLI
RDS JKT020 IARP
Po licy Nu mber 0 1200 00 73683
No. Polis
Type of In su ranc e  Property/Industrial All Risks
Jenis Asuransi  Ea rthquake Insurance
Form/Wording  Mu nich Re Policy Wo rd in g for Prop erty All Risk Insuran ce
Jenis Polis  Indon esian Stan dard Earthq uake Policy Word in g
 Oth ers wo rding /clau ses as add ition al co ver as sp ecif ically stated herein
Th e Insured A stra Agro L estari T bk, PT . and/or Subsidiary Company as herein entered into the contract with, or
Tertanggung maybe hereafter be formed or acquired as may be advised to the Insurer and/or for their resp ective right
and in terest
Address K aw asan In du stri P ulog ad un g, Jl. Pulo ayan g Raya Blok OR-1, J akarta 139 30
Alamat
Perio d of Insuran ce July 01, 2 020 To Ju ly 01, 202 1
Jangka Waktu Pertanggungan (Bo th dates in clusive at 12 .0 0 o ’clock n oon local time)
Bu siness A ll o peratio ns of th e Insured an d all other activities and all o ther occupations related to th e Insured’s
Bisnis n atu re of b usiness
Occupation As p er list attached
Okup asi
Risk Lo catio n As p er list attached
Lokasi Risiko
In terest In su red M aterial Damage
Obyek Pertanggungan A ll real and person al pro perty o f any kind , n ature o r d escription in clud ing b ut no t limited to b uilding s
o f every d escrip tio n includin g foundatio n, excavatio n, material o n th e g ro und, fixtu res and fittin gs,
g ates, w alls an d f en ces, work of art, tanks, metal framew ork, ex tension , an nexes, driveways,
ro ad ways, pavements, ro ads, p aths, j etties and other p ermanent and /or semi p ermanent stru ctu res
in clud ing machinery, plan t, mo bile plants and equ ip ments, moveab le items, installatio n co st, to ols,
spare parts, in ventory, off ice equ ipment, sup po rting and protectiv e stru ctures, lig hting installation ,
in strument, m eters, c ab lin g, pipelin es in clu ding stoc k w ithin p ipelin es, stoc k wo rk in prog ress, stock
stored in th e op en area, and materials in trade own ed o r o perated b y the In su red, th e p ro perty o f
o thers when held by th e Insured in trust, o r o n co mmission , care custody an d co ntrol, sold b ut no t
d elivered , on con sign ment o r storage, fo r pro cessing , rep airs o r alteration s, improvements,
b etterments, un der contract o r p urch ase, un der lease or w hilst lo an ed , rented , hired , u sed by th e
In su red at the p remises, so ld on trial o r temporarily located elsewh ere or wh ere th e Insured h as
assu med or wish es to assu me liab ility or is o th erwise liable th erefore o r h as ag reed to carry in su rance
th ereo n, inclu ding amen ities, u nd erground an d inclu din g prop erty kep t in th e open, yards, p latfo rm,
alleys, po nds, with in the b ou nd aries of th e premises.

Business Inte rruption

A ny fin an cial losses cau sed to the In sured resu lting in Lo ss of Gross P ro fit du e to red uctio n in turno ver
and /or in crease in cost o f wo rking as defined in the Po lic y fo llow in g an ev ent adm issib le un der sec tio n
I
Risk Insured Section I – Material Damage
Resiko Pertanggungan 1.1 Property All Risk
Co verin g all risks o f p hysical lo ss of o r d amage to th e prop erty in sured cau sed b y a p eril no t
exclu ded as p er Mu nich Re Prop erty All Risk Policy
1.2 Ea rthquake , Volca nic E ruption, Tsunam i
Co verin g loss o f o r d amage to th e pro perty insu red and/o r interest insured caused by Earthq uake,
Vo lcan ic Eru ption and Tsunami as p er Ind on esian Stand ard E arthq uake P olicy.

Section II – Busine ss Inte rruption

C overing lo ss o f gro ss p ro fit an d/or in crease in cost o f wo rking resulting fro m in terru ption o r
in terferenc e in the bu siness of the In su red cau sed by a loss in demnif iab le u nd er Section I.

Section III - P ublic Liability

C overing all sums which th e Insured sh all b ecom e legally liable to p ay as damag es in resp ect o f
accidental death o r b od ily in ju ry to th ird party’s person and /or accid ental loss o f o r damage to third
 p arty’s p ro perty, h app en ing in conn ectio n with th e Insured ’s bu sin ess and occurrin g with in th e
territo rial limits du rin g th e p eriod of in su rance.
Su m In su red Section I - Material Da mage
Nilai Pertanggungan
As per list attached
Section II - Business Inte rruption
As per list attached

To tal Sum Insu red IDR 11,4 21,962,138,410.00

Total Nilai Pertanggungan
Su b Limit  P ublic Liability
Batas Pertanggungan IDR 1,500,0 00 ,000 .00 any on e occurrenc e and in agg reg ate for an y on e location
 P ersona l A ccide nt (dea th only ) cause d by Property All Risks and Ea rthquake only
IDR 25,000 ,000.00 an y on e p erso n and IDR 250,000,0 00.00 in agg regate fo r w hole lo catio n
 Exhibition Clause
IDR 5,000,0 00 ,000 .00 in agg regate p er each loc ation , sub ject to Ind on esia Territory
In demn ity P eriod 14 Mo nths (ap plied for sectio n II)
Masa Ganti Rugi
Premiu m Rate
Tarif Premi
Premiu m Calculatio n
Perhitungan Premi

General Exc lusion 1. Co mmunicable D isease En do rsemen t (LM A5393)

Pengecualian Umum 2. Co ronavirus Exclu sion (L MA539 1)
3. Cyber R isk Exc lusion C lause (NM A 29 15)
4. Electronic D ate R ecog nitio n C lause (ED RC) “B” (Amen ded)
5. Extra Con tractual O blig atio n Clause
6. Industries, S eepag e, P ollution and Con tamin ation Exclusio n Clause (NMA 16 85)
7. Institute R ad io activ e C ontamination Exclu sion Clau se
8. IT Hazard Clarific ation Exclusion C lau se (NMA 29 12 )
9. Nu clear Exclusion C lau se
10. Po litical R isk Exc lusion
11. Sanctio n Limitation an d Exclu sion Clau se
12. Terro rism & Sabo tag e Exclusion C lau se (NMA 2921) (Amen ded)
13. Transmissio n and D istrib ution L ines Exclu sio n Clause
14. War and C iv il W ar Exc lusion C lause (NM A 464)
Clau ses, C ond itio ns and Warran ties 1. 72 Hou rs Clause
Klausul, Kondisi dan Syarat Khusus 2. All Oth er Co nten ts (Limit IDR 50,000,000.00 per lo catio n)
3. All Professio nal F ees C lause (limit 5% o f lo ss)
4. Alteration C lau se
5. Alteration /C on structio n/Erec tio n Wo rks C lause (L imit IDR 10,000,000,0 00 .00 p er lo catio n)
6. Appraisement (15% of Sum In su red)
7. Arch itect, Su rv eyor an d Consulting Eng in eer F ee Clau se (5% of Su m Insured )
8. Au to matic Ad dition and Deletion of Risk Lo catio n (L imit ID R 25,000 ,000,000.00 per risk
location )
9. Au to matic In crease of Su m In su red C lause (Limit ID R 25,000,000,000.00 per risk loc ation)
10. Au to matic R einstatem en t of Su m Insured Clau se (sub ject to addition al premiu m)
11. Averag e R elief C lau se (8 0% )
12. Awn ing , B lin ds and Sign s o r Other O utdo or F itting s C lause (L imit IDR
50 0,000,0 00 .0 0 p er locatio n)
13. Banker’s C lause (if ap plicable)
14. Bo iler Exp losio n Clause ( as p er the co ver afford ed b y th e In do nesian PSAKI form)
15. Bran d and L ab el Clause
16. Broad P air and Set Clause
17. Bu rst o r L eakin g Pip e En do rsemen t
18. Capital Ad ditio ns Clau se (10% o f Sum Insured)
19. Civil Au th orities C lause
20. Claim M itig atio n Clause
2 1. Co mplian ce Clau se
22. Co mpu ter R ecord s Clau se (Limit IDR 5,000,000,000.0 0)
2 3. Constru ctive Total L oss Clause (85%, fo r M ach inery only)
24. Co st of Clearin g Drain s
2 5. Co st of Re-erec tion Clau se (reasonable co st)
2 6. Co st of Re-Writin g Reco rds and Claims Prep aration C lau se (L imit IDR
250,000,0 00 .00)
2 7. Co st of Tempo rary Protection (L imit IDR 250,000 ,000 .00 )
28. Cu rrency Clause
2 9. Cu stomer’s Go od C lau se
30. Debris Remo val C lause (10% of Su m In su red )
31. Premiu m Payment Clause (90 d ays)
32. Defu nct Spares C lau se
33. Desig nation Clau se
34. Deterio ratio n o f Sto ck Clau se
35. Directo rs, Emp lo yees an d Gu est P ersonal Effects Extensio n (L imit IDR
50 0,000,0 00 .0 0)
36. Dispute C lau se
37. Du ties Clause
38. Electric al Sh ort C ircuit Clau se
39. Error an d Omission Clau se
40. Escalation C lau se (10%)
4 1. Exhib ition /P ro mo tion s C lause (Limit IDR 5,000 ,000,00 0.00 in ag greg ate for each loc ation ,
su bject to In do nesia T errito ry)
42. Expediting Exp en ses C lause (10% of Claim)
4 3. Fire B rigad e Ch arg es C lause (reaso nable cost)
4 4. Fire Extingu ish ing Cost C lause (reaso nable cost)
4 5. Fire F ig hting C lau se (reasonable co st)
4 6. General In terest Clause
4 7. Impact b y Own V eh icle C lause
4 8. Improvem en t and B ettermen t C lause
4 9. Intern al R emov al Clau se
50. Interpretatio n Clause
51. Jetty Clau se
52. Land scap ing C lau se
53. Land slid e And Su bsidence En do rsem en t Clause
54. Leased Prop erty Clause
55. Lesso r Interest Clau se
56. Lo cks and Keys C lau se (L im it IDR 100,000 ,000 .00 )
57. Lo ss No tif ic ation Clau se (14 d ays)
58. Lo ss of Damag e Go od s C lause
59. Lo ss Prev en tio n Expenses Clause
6 0. Metered Gas Extensio n
6 1. Mino r A lteratio ns and Repairs C lau se
6 2. Misd esc ription Clau se
6 3. Mold an d Fung i End orsement Clau se
6 4. Mou lds In clu sion Clau se
6 5. No n Invalid atio n Clause
6 6. No tic e of Cancellation Clau se (30 d ays, except in respect of Riot, Strike, M alicio us Dam ag e an d
Civil Co mmo tio n 4.1.B /200 7 and Earthq uake, V olcanic Erup tio n, Tsun ami wh ich shall b e 3 d ays
an d 5 d ays resp ectiv ely)
6 7. No tif ication Clau se
6 8. Ou tbuilding Clau se
6 9. Ou tside P remises Storag e Clauses (L imit IDR 2 ,500 ,000,000.00)
70. Payment on Account Clause ( 50 % of claim)
71. Premises Clause
72. Prev entiv e M easu re Clau se
73. Professional Fees and Claims Prep aration Cost Clau se (L imit 10% of claim)
74. Prog ress Claim Payment Clau se
75. Prop erty D amage C larificatio n Clause
76. Prop erty u nder C on structio n/Erectio n clause (L imit IDR 10,000,000,0 00 .00)
77. Pro-rata R eturn o f P remium C lause ( subject to no claim)

Deductible ( each & ev ery loss)
78. Pu blic Au thorities C lause
79. Reco veries C lause
80. Reinstatement V alu e Clause
8 1. Removal Permit Clause
82. Replacemen t V alue Clau se
8 3. Riot, Strike, Malicio us D amage an d Civ il Co mmo tion En dorsement (Co de :
4.1.B /200 7)
8 4. Salvage and Reco veries Clause
8 5. Sellin g Price C lau se
8 6. Services C lause
8 7. Smo ke an d Veh icle I mpact En d
88. Sp on taneou s Co mbu stion (limit 20 % of Sto ck Sum Insured an y on e occu rrence an y on e
location )
8 9. Sp rin kler Leakag e C lause (Limit ID R 1,0 00 ,000 ,000.00)
9 0. Stock D eclaration C lause ( if ap plicable)
9 1. Structu ral Alteratio n C lause
9 2. Su e and L ab or Clau se
9 3. Su pp lier and /o r C on tractor an d/or Repairer Clause
9 4. Tempo rary Remo val C lause (Limit 10 % of Sum In su red )
9 5. Tempo rary Sto rage Clau se (L imit 10% of Su m Insured )
9 6. Tenant Improvement Clause
9 7. Typh oon, Flood, Storm, and W ater D am ag e En dorsement Clau se (4 .3A), subject to delete
exclu sio n related stock in o pen area
9 8. Un damag ed Stoc k Clause
9 9. Vehic le Lo ad C lau se
100 . Waiv er of Su brog ation C lau se (ag ain st Su bsidiaries Co mpany only)
101. Work o f A rt ( limit ID R 2,000,000 ,000 .00 p er location)
102 . Workmen ’s Clause
103. Pu blic L iability C lau se (L im it ID R 1,500 ,000 ,000.00 any on e occu rrence and in agg regate fo r
an y o ne lo catio n)
104 . Perso nal Accid en t Clause (Limit IDR 25,0 00 ,000 .00 any on e perso n an d IDR
250,000,0 00 .00 in agg reg ate for who le loc ation.
A dditional Clause s for Se ction II – Business Interruption
1. Accu mulated Sto ck Clau se
2. Acqu ired co mpany an d new lo catio n clause (Limit IDR 5,000 ,000,000.0 0 per acq uisition) –
su bject to 7 d ays no tification
3. Additio nal In crease in Co st of Workin g (USD 2 50 ,000.00 in ag greg ate)
4. Alternativ e Trading Clau se
5. Au ditors C harg ed C lau se (L im it 10 % of claim)
6. Claim P reparation F ees
7. Closu re by P ub lic Autho rities Clau se (Limit 10% o f Bu sin ess In terru ptio n Sum Insured, Sub ject
to time excess)
8. Departmental Clause
9. Extra Exp en ses C lau se (10% o f claim)
10. Failu re of Pu blic Utilities C lau se (L imit 10 % of Business In terru ption Sum Insured, Su bject to
time excess)
11. Fin es and Penalties Clau se (ID R 4,500,000 ,000 .00 )
12. Interruption by C ivil Autho rities C lau se
13. Material D amage W aiver P roviso (dedu ctible o nly)
14. Named Su ppliers an d/or Cu stomers Exten sio n Clause (Sub ject to time exc ess, sub limit 10% o f
Bu sin ess Interrup tio n Su m In su red, maximum U SD 10,00 0,000.00 an d located in In don esia
territory o nly)
15. New Bu siness Clause
16. Ou tput Su bstitute for Tu rn over Clause
17. Plans and Documen ts Clau se
18. Po rt Blockag e (Limit 10% o f Busin ess In terru ption Sum Insured, su bject to time exc ess)
19. Prev entio n of Access Clause (Sub ject to tim e excess; limit 10 % o f B usiness In terru ption Sum
Insured per location )
20. Professional Acco untant Clau se
2 1. Retu rn of Prem iu m Clause (max imum 1 /3)
22. Un named Suppliers an d/or Customers Exten sion Clau se (Sub ject to time exc ess, su b limit 10%
of Bu siness Interrup tion Su m In su red, maximum U SD 2 ,500 ,00 0.00 an d located in In don esia
territory o nly)
2 3. Up ward Adjustmen t C lause (15% o f Sum Insured )
Section I – Material Damage
Risiko Sendiri (tiap kejadian) 1.1 Property All Risk :
 Fire, Ligh tning , Explo sio n, A ircraft Impact, Smoke & V ehicle Imp ac t: Nil, except fo r
occupancy u nd er Tab le I.D OJK regu latio n, which is : 5% o f C laim o r 0 .1% of To tal Sum
Insured , any on e risk at any one location, wh ich ev er th e hig hest
 Rio t, Strike, M aliciou s Damag e an d Civil Commotion : 10 % of claim, min imum IDR
10 ,000,000.00 an y o ne accident
 Typh oon, Storm, Floo d and Water D amag e: 10 % of claim amou nt
 Jetty : 10% o f claim, min imum IDR 10 0,00 0,000.00 anyone accid en t
 Others: ID R 1,0 00 ,000 .00 any on e acc id en t
 Perso nal Accid en t (d eath o nly) : Nil
1.2 Ea rthquake , Volca nic E ruption, Tsunam i
2 .5% o f aff ected su m in su red any one risk at any o ne lo catio n

Section II – Busine ss Inte rruption

Time exc ess 7 d ays each and ev ery interrup tio n an d interf erenc e, except as fo llo ws :
 Bu sin ess Interruption F ollow in g Fire, Lig htning , Exp lo sio n, A ircraf t I mpact, Smo ke as p er
occupancy reg ulated u nder Tab le I .D OJK regu lation;
 Bu sin ess Interrup tio n Fo llo wing Earthq uake, V olc an ic Erup tio n and Tsu nami: as p er Tab le III.A
OJK reg ulation regard ing time exc ess o f B usiness In terru ption

Section III - P ublic Liability

IDR 1,000,000 .00 any o ne accid en t

Jakarta, August 22, 2020

P T Asuran si Astra Bu an a

Autho rized Sign atory

ISSUED IN D UPLICATE, VALID FO R ONE
Di terbitkan dalam dupli kat, berlaku hanya s atu