Scribd Logo
Upload

Welcome to Scribd!

  • COIMNL22-77884 - Policy

    Uploaded by

    Katherine Olidan
    23 views3 pages

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    23 views3 pages

    COIMNL22-77884 - Policy

    Uploaded by

    Katherine Olidan

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 3
    Clibstng STRONGHOLD INSURANCE COMPANY, INCORPORATED ano severe 17* Floor, Security Bank Centre, 6776 Ayala Ave., Makati City, Philippines Tel. Nos. 891-13-29 to 37 Fax No. 89-12-23, TIN: 000-602-270 COMPREHENSIVE GENERAL LIABILITY POLICY ‘The STRONGHOLD INSURANCE COMPANY, INC. (hereinafter called “the Company” agrees with te teres. named in Ue deciaratons made 2 part hero. cansderaion ofthe payment of te premium anid in rence uoon the salemens ne dedaratons ana subject ote ims of labily, exclusions. conetone Sd ‘tere af pai. INSURING AGREEMENTS 1 Coverage A~ Body Injury Labity ‘Telndenety te Insured fe al sunts wich te Inswed shal become legay cbigaled to pay as carnage for bool muy, scanees or disease, cling oath at any te esultrg Derarom, sustained by any person, caled by scaem and ering ot ofthe hares herenater dened ws are esld by Spectc pean charge th Decaratons Coverage 8 ~ Property Damage Liabily TToindemnty tne Insure fora sus which the insured shall become logy obigated to pay as damages for uy to or destucion of propety, nena ‘he ss of ue heeot, caused by aciden and ising out ho hazards Noein Gained as are ndcated by spect premium charge he Decratens. |. Delense, Settlement, Supplementary Payments ‘As especie Io nautance aorded by te oe tems of his ply te coreary sal (a) defend any civil sut agin nsuted aging such nr, scree, disease or Gestustn and seeking damages on account threo, even, such suis ‘founds, false o autor, the company may make such ivesigaon, negotion an setiomert any clam or ut as i deems expedient (©) bay a promis cn Songs fs ieae ataenment fan amu not exoase of th ampsbie Int fly et Ts ply‘ pomiuns om appeal Bonds requredn ary such defended su but wit any obigabon io apply foro ursh ay such bond (©) pay al expenses cured by ensured, allcouts taxed against tno Ineued ary such su and al eres aceuing afer ent ot udgment unt ine ‘Company has bald, tendared or ceposted im cout sua par of sn jusgment as does fot exced the mt of company's abitytereon (pay expenses cite by the Insured or sch immediate medical and sual o chor as shal ba mperative atthe me ote acient and (@) reimburse te insted fr al easonable expences, other anioss of earings, ncureda! the camoan/s request. The emounts meured under his Insuting agreement except setiements of cams and sus, ae payable byte company in adlion the apollease tof aby o ths poly, 1. Definition of nse “The unqualified word inured incdes ne rared Ineured and aco incuces any pane, execute ocr, tector or sockekier thereof wile acting win Imaseope ofhis ates os such 'W.Automatic Insurance for Additions Premise, Operations and Elevators: “Such insurance as is afloed under Divison of Uno Dion of azarae apple leo 10 agekonal or changes operations at he premises and to other ‘Bremises and ropery of which named insures acques cwnersip of convo, and to propery rented tr locates for use by aes sry fom the perio, ‘ad Suen insurance ais or canbe allered under Dviion 2 apes to elevators nay install tthe promises end fe elevators Mauch ote pemises, Proved: 6) named murat he company win Seen (15) dey ser he commencement of eich uh anal hax ohh Ne wes the Insutane lo ape (@ Ie ks oF fably are statesn th delaratons for DNsien 2 the Definion of Hazards, the mits of Salty appcatle ote premises shal apy teelevatrs Dereon . Policy period, Territory “This poly apps ony fo acciens wien occur ding the poly pei win the fertory mentioned in em 2 ofthe Delratons DEFINITION OF HAZARDS 1. Premises-Opecatons. The onnersio, maintenance or use foe purposes stated inthe Declarations. of he premises and a operations which are necessary (or nidetal eres and, whan described as such in he Decsaratons, naw contton or demoliton eperatons changing ths ace of er moving bolingy o- ‘Ser sbucures by re ncurea. 2. Elovators. The ownership, maintenance or ut, er the purpose sata inthe Declaration, of ny sievator hein. 5 Independent Cenactors, Operations perfomed forthe Insured by Independent contador, and omisslons or Supesary acts of he Insured i connection ‘mere, ther tian maintenance, repars or alterations at he premises 4, Prosi, (@) The handling or use of the existence of any conditon In goods of poducs manufactured, sold, handled or stb bythe named insured oter than ‘Szupent rected to locates for Us ef ore But not 2 the seent cons afr he Inaured has singushed possession Vere. ad sway For Une prontoes or (0) Operations contompate under Diusion 1 and 2 ofthe Detinion of Hazard ale than ) pick and delivery o,f) he existence of too, nists uipment and abendonad 01 unused matali the accdert occurs fer cuch operators have been amples or abandoned at the place of ‘omen thereof and away fom tho promises, provided, operators shal nt be deemed complete Because propery or delecivelyperamed oF [cause hither operations may be requted pursuant a servic or mabianance agement agstat The pets undarings of the rams ned corned endoreant forming pat oh, pic, tue in ccorcance why Sacton 50 the insurance Cos. POLICY CONDITIONS ExcLUSIONS This Paty doesnot ape: (a) Under Dione 1? and 3 fhe Deion of Hazard 10 ably astured by th Ineued under any conractr agreement or under Ovson 4 to ably of others assumed by ‘the Insured under any contact of agreement (0) Under Dion ta the Detnn of Hazards (0). t@sleratre a buadings owned, rented or controlled enaly by the Insure, and levalors epee, maisined ox cooled by the Inge a premises owned leased or cntled n party the Insured, @)_ tothe onnership, mantsnance oF use, ined loading or unload. of (ara by or nthe neres of he insured, oF (8) whe away fom te promises 2s defines her weleteraf, power dive or animal dawn vehies, dogs owned by the inure, ora or sadcle anal, ining vehi ataced tert, vehicles or uleh Imercanaise ssa and any oer vhides wie resle a arober uness euch Mazar are deserved In he Delrsoneor an endorsement forming apart hoc, (@° ‘Shazads whieh are or canbe insured under Dsion 4 of he Detriten of Hacarés: ane (@) io the ounersp or maintenance of property amay from te premses end property rend to or located for use by ohers orto operation in connections therewith taloss euch Pasa aredee-bod inthe Cevaratrs or) endorser fring a Pa nereo (© Under Coverage A, tobaaly ry too slcknass, dsease or death o any employe o the sured ule engeges in the emsoyment ofthe Insured cto any obligation for ‘whch theirs r any company as Ns nse ay be eld lao under ay workman's compensation ou (@, Under Coverage 8, uy to ox dosbuaton (2) propery med, occa or used by cries to he Instre,o| (2) excep with respect to Habity assumed under sidetack agreements andthe use of elevators covered by this poy. property in the case, custody or conto of me insures. or (@)+ wn reepect to Divison 4 ofthe Denton of Hazard, any goods o products manvlactred, eo, hanles or dtibued or premises alanates bythe named neue of ‘War comple by er fo the nara Insured ut of whe he accent arses (6) Under Coverage B wt espect io Don ‘of tee Defeion af Hazards, o ()_ te dena, leskage or ovrTow of water or steam rom puritng. nesting. retigratng Or a conaitoning eysems, electo tanks of cyinders, standppes fr fre hose, or nasal o domestic apances, o any substance fom autmabe spoilt systems. (2) ecolape er fal of tarks oto component pas o°supprts rec which fom a par of alomate sprinkler stm, (3) tan or snow aamod avec fo the buling ianor treugh aefecoe rot, leases oF epreutng, oF open dofctve doors, windows, shyighs, ransom or vento, Insofar as any of hese occur on or tom premises owned crete bythe named Insured a nue of destroy bugs or contents tereot "Tris exclu does not apy 0 any promises deerbedin the dearatone oth plc a aparnent-one apartment ”-dialings wo farms,“ r priate residence” CONDITIONS A Promiume ‘he premom basis and rales forthe hazards descrbad nthe Daclrabon oe slated thre. Premium bas and ales for Maza nt so deed ae tote appcabl in sccorance wih the manuals in Ue byte oman. Sten premams as maybe sated i the Dearatons for Dvisions 2 and of he Deron of Hazards and fr such lassfcatons in Division 1 fer whch tha premium bsis Is slated as Yeceipie “adnison, or “unis are estimated preriome cnly. Aor such annvereay and upon tarminaien of His plcy. tbe eamed prem fr eh Ineurance aes aflorded for meso hazards nal be computes et accovance wh tho camoany’s ful, res rag plane ahd mum premiums pica to hs Insurance Ihe earned prem ths computed exceeds the estimated sovence premiums pa for thse hazards, the nar insure shal pay the excess th copy, ioe. he company shal rtum ote named Ineured the unearned potion aly each Insued ‘non usod ae 3 premum base: (1) the word remuneration" means (Gjho etre remuneration cared dung the poly prod by al employees ete names neues, oer tan sere of eas er autemoble an aera pts and co- [lets subject leary overime earings o naan 3! remuneration fe appease m acordonce wih tne aru n se byte company, and sbject wi expect {o each execute ofc: to maximum and a rinmam of P200 and PSO par wook, and (oun remuneration of eacn popitrat fed amcunt of P4000 par annum (2) hewerd Tecepis’ means the gross amount of money charged by the named Insured fr such operations bythe named Insured by others during he poy period as Se tec ona feces bol, ens Incides ues, ste! Nan tases ue the ard need ols a separate om and rats racy toa gover vison (9) the word ‘admissions shall mean the tll numberof persone sated dung the policy poted, whether on paid tckets ota fr the purpose of winessing pomencoso ter ovens (4) ie wor "esat mane the fll cost ofl operations performed for he nared insure cing he plc peo! hy inepandent contacter an each separate poo, incuding materials used or detvered for us, excep ratnance or ovary aration and opars cn premises owed o eed by he ramos Ine (©) Ye werd “tales” meant the prose smeunt of money charged by the named Insired or by hers edna unde hs nar or al goods ond prots sod or dstbuted ‘ung the poy pers, and charge during the pay ped fo esate, serving tepar, d Rods tves, oer than trae unc to named Inered Such eho cote asa parte fle and ram oct a govermoria von, “The named insures sal bla for each hazard ress fhe ssoraton necessary for premium computation onthe basis tated inthe Dacron 8, Inepocton and Ava “The company shal be permed o inspect the premises operas and elevators and to examine and aus the Insured books and records at ay tne during the paey oto and any extenlon threo ana wit Pre yaar ae’ the Soa Yemnaton of the pokey. ae far a8 thay rita t the premium bases orthe ajc! mater tts ©. Detntions| (@)" Premises ~ Operations . This unquailed ward ‘premise’ wherever uses in hs policy means the premieesdesanated inthe Declarations and pramcs to which te poley may apoly by operation of Insuring Agrooment IV Incucing clings 2nd stuctures thereon ana exces 25 respect te onnersnp, mainlenance O° Uta of Water and the adng or uroadg treo the ways immedi 21g. Cassiteatone covering premieee Idede witout addllonal charge. any promises alonatod by the named insure, including ovate locates thereon, ater the Insured has relinquishes possession of such premises, except fremives over wih the Insured ha ary ight cr control or ncn ere consted By the haved for sae {The terms “operate” as respects Oilons 1 and 2 of he Defiriton of Hazards includes pickup and delivery instalation, servicing ramaval or demonstration, and 18 respecls accidents (except accders due to misdlvery which occu! ata the completion of abandonment of such epsrstons, pk up or delvery operations O ths (eccinceoftoas, unstated equpment and abandonment or unused meterals (©) Power Driven Vehies. The lnm "Power Daven Veic’ shal not be daamed to include the folowing deserted equprent excep! while lowed by o caied on 2 ower avon vehicle ot 80 deterbed any eaves We (Sontinvou eas tact, dich er renensigger, power cane o shovel grader, srapet. toler. wel ing ‘nachnery, asphalt spreader, concrete mse, ming and fnshing equipment fr ghmay wrk ater tana concrete miso fhe scmtranet type, and ot bjt {motr vile eptration any equipment ed pinlpaly on te premises, am tact’ or tal, (Elevate The werd “levelor” means ievtrs, esclsers, oss and applnces tert Ineludng cars pafoms, shes, holshays, stanways, rusways, powee ‘quipnent ard mectinery. The flowing shall ot be doomed fo be eleva shelays sn which Dare oe 50 Cova: Summa o special atom is ae dete Init companys Eevator Uablty Marua rots este inside ho wal of he bukang and net operate tough hatcrways cr located cuts tha wats of the lng and (1) manusly operated o° (2) macharicly operated and not alached fo fhe bung wals:hycaule o mechanical hits use or "ng or wen Sutblos or Woresng or aerg, odor mate haat wed area, crscions of seolion Spans sealers ah avy ae exis. fre ‘Te named insured agrees fo maintain In use duing the poey prod holsway door niarocks and car gate orca doorook oF neriocks a8 are described in the Deciratons and grees further to use due caren maraining the etsency o such dave caing he poi pero (Asset and Gatery: Assault nd bate shal be deemed on accident unless comenied by ora Ine recon of Weise, Limits of Libity — Covergo A. The it of telly ijrySabity stated in the Declarations as applicable fo ‘ch person’ isthe Ht ofthe company’s Rabi fra ‘damages, neudg damages for cae and oss of services, ssng out of tosty uy, sekvevso” reas, ncung dosh tary me feaulrg hereon, susaned by ore arson in anyone acne int of suc sity sate inte Decaaton as appicabs “cach acer I, suject fe shove povsions reaping each person, the {al it of te company’s Lob tor at amages,neicing damages fr care and los fservoss ting oui of Badly ay, sickness of eeace, eudng Goa a any {ine esulng theron, eslined by Qwo ot more pereone anyone acoder Limits of Liability - Dison 4 Definition of Hazarés. The nits of ody injury ably ad propery damage lablty statod in The Delaratons as “aggregate routs” aro respectively teil kms ofthe companys eb foal damages arising oto the produc hazar. Al soc comogos ering Out fone prepare or aque tof goods ‘orproducs shal bs consaefed as ara out fone escent Limite of Liabity - Coverage 8. Tho limit of propary damage labity sated nthe Dedaraton as “aggregate operabons is the tll it ofthe company’s ably for at ‘damages arising cut of nay 1 of destin of reper. neudng the loss of use threo. caused bythe owrerhin, manenance or Uae of premiae or Operations rated Upon a remune'aon prrtum bai rb carractorsequpmant aed on a recat preman bs. “The tint of property Gamage labliy lad inthe Decaratons ax “aggregate potecve ste fal Si ofthe company’s Yabty fora damages arg ou of ry 1 or desuucton of propery, inuding te foes of use theret, caused by operations performed fe named inured by Indepancert coneacors en omissions,” SUpenesoN 12h ofthe Insure n connect hereath, except maintenance or onary alraons end rapes on he pram ‘The imi ef oper damage lablly sated nthe Declratone as “opprgateconiracual tho ll ht o! he compan'éiabely foal damages ating out of nyt or

    You might also like