Reference No : 2210CAR061

BROKING SLIP
CONTRACTOR’S
CAR ALL RISKS INSURANCE
ERECTION
EAR ALL RISKS INSURANCE
TYPE : CONTRACTOR’S ALL RISKS INSURANCE

FORM : Insurer’s Standard Policy Wordings

INSURED : KR Intan Enterprise as Main Contractor(s) and/or Sub-Contractor(s), and Malaysia Airports Sdn Bhd
as Principal(s) for their respective rights and interests.

CORRESPONDENCE : A117, Tingkat 1, Jalan Bukit Setongkol, 25200

ADDRESS Kuantan, Pahang

PROJECT TITLE : Non-Comprehensive Service and Maintenance Sewerage Treatment Plant at Sultan Ahmad Shah
Airport Kuantan Pahang Darul Makmur

CONTRACT NO. : MASB/KUA/EN/CA/04/2022

PERIOD OF INSURANCE : FROM : 01 Nov 2022 TO : 31 Oct 2025 (both dates inclusive)

COVERAGE : SECTION I - Material Damage

All Risks of unforeseen and sudden physical loss or damage to the contract works from any cause,
other than those excluded, resulting in the need for repair or replacement.

SECTION II - Third Party Liability

Indemnity against legal liability to Third Parties for bodily injuries and/or property damage occurring in
direct connection with the performance of the contract works.

SUM INSURED : SECTION I - Material Damage

Permanent and temporary works including all material to be
incorporated herein : RM 138,600.00

Principal’s Existing Property : RM 500,000.00

Contractor's Plant & Machinery (Not Insured)

SECTION II – Third Party Liability

Any one occurrence/unlimited for the period : RM 1,000,000.00

SITUATION OF RISK : Sultan Ahmad Shah Airport, Kuantan

TERRITORIAL LIMIT : Malaysia

Page 1 of 4 WILLIS (MALAYSIA) SDN BHD (26067-X)

Reference No : 2210CAR061

BROKING SLIP
CONTRACTOR’S
CAR ALL RISKS INSURANCE
ERECTION
EAR ALL RISKS INSURANCE
CLAUSES : v Automatic Reinstatement of Sum Insured
v Cessation of Works (30 days)
v Clearance of Debris (Limit – 10% of Contract Value per project, Any One Loss/In the
aggregate Any One Period. Maximum Limit RM500,000 Any One Loss/In the aggregate Any
One Period)
v Consultants as Third Party
v Cover for Cross Liability
v Cover for Testing of Machinery and Installations (4 weeks)
v Cover of Extra Charges for Overtime, Nightwork, Work on Public Holidays and Express
Freight (Limit – 10% of Loss)
v Cover of Extra Charges for Airfreight (Limit – 10% of Loss)
v Date Recognition
v Designer’s Risk (Limit – 10% of Contract Value per project, Any One Loss/In the aggregate
Any One Period. Maximum Limit RM500,000 Any One Loss/In the aggregate Any One
Period)
v Expediting Expenses (Limit – 10% of Contract Value per project, Any One Loss/In the
aggregate Any One Period. Maximum Limit RM500,000 Any One Loss/In the aggregate Any
One Period)
v Inland Transit (Limit – 10% of Contract Value per project, Any One Loss/In the aggregate Any
One Period. Maximum Limit RM500,000 Any One Loss/In the aggregate Any One Period)

v IT Clarification Agreement
v Loading and Unloading
v Loss Notification (30 days from the date Insured becomes aware of the loss)
v Malicious Damage
v Payment on Account
v Plant (hired / owned / leased / loaned)
v Plans and Documents (Limit – 10% of Contract Value per project, Any One Loss/In the
aggregate Any One Period. Maximum Limit RM500,000 Any One Loss/In the aggregate Any
One Period)
v Professional Fees (Limit – 10% of Contract Value per project, Any One Loss/In the aggregate
Any One Period. Maximum Limit RM500,000 Any One Loss/In the aggregate Any One
Period)
v Property in Off-site Storage (Limit – 10% of Contract Value per project, Any One Loss/In the
aggregate Any One Period. Maximum Limit RM500,000 Any One Loss/In the aggregate Any
One Period)
v Public Authorities
v Special conditions concerning piling foundation and retaining wall works
v Seepage, Pollution and Contamination (sudden and accidental)
v Strike, Riot and Civil Commotion
v Topping Up Clause (10% of Contract Value)
v Trespass
v Underground Cables, Pipes & Other Facilities
v Vehicles licensed for road use at project site
v Vibration, Removal or Weakening of Support
v Waiver of Subrogation Rights
v Weather Aggregate (72 hours)
v Principal Existing Property (As Specifically Declared)
v Extended Maintenance (0 months) - As specifically declared in the Letter of
Acceptance/ Letter of Offer/ Letter of Award/ Purchase Order with MAHB.

Page 2 of 4 WILLIS (MALAYSIA) SDN BHD (26067-X)

Reference No : 2210CAR061

BROKING SLIP
CONTRACTOR’S
CAR ALL RISKS INSURANCE
ERECTION
EAR ALL RISKS INSURANCE
SPECIAL EXCLUSIONS : v Airside Liability Exclusion
v Any works done on Runway, Control Tower and Hangar
v Asbestosis Exclusion
v Damage to Control Tower
v Exclusion of Loss of or Damage to Crops, Forests and Culture
v Political Risks Exclusion
v Radioactive/Nuclear Energy Risk Exclusion
v War and Terrorism Exclusion
v Professional Indemnity
v Consequential Loss
v Communicable Disease Exclusion LMA 5393
v Property Cyber and Data Exclusion LMA 5401
v Sanction Limitation and Exclusion Clause LMA3100

AIRSIDE LIABILITY : It is hereby declared and agreed that this insurance excludes any legal liability of the Insured in respect
EXCLUSION of aviation risks of any kind including any liability of airports and control towers or/and liability arising
from any work in Airside.

This exclusion also applies to both physical loss or damage to the aircrafts (owned, hired, loaned,
leased or third party’s) whether the said aircraft is taxiing, landing, grounding, taking off and/or in flight
and all business interruption and consequential loss relating thereto and passenger’s liability (bodily
injury and property damage).

AIRSIDE AND LANDSIDE : For the purpose of this insurance, the airside is defined as those areas and operations within airport
DEFINITION boundaries on which aircraft and aircraft support vehicles operate such as runways, taxiways and
apron-gate areas and shall be deemed to include ramp, aircraft stands, helicopter stands / helipad,
hangar, control tower and fire station.

The landside is defined as those areas and operations within airport boundaries, exclusive of the
airside.

Subject otherwise to the terms, conditions and exclusions of the Policy.

PREMIUM WARRANTY : v 60 Days Premium Payment Warranty

It is a fundamental and absolute special condition of the insurance that the premium due must
be paid and received by the insurer within 60 days from the inception of the insurance. If this
condition is not complied with, the insurance will automatically terminate on the 60th day and
the insurer will be entitled to the pro-rata premium for the period they were on risk.

JURISDICTION : Malaysia

APPLICABLE LAWS : Malaysian Laws

Page 3 of 4 WILLIS (MALAYSIA) SDN BHD (26067-X)

Reference No : 2210CAR061

BROKING SLIP
EXCESS : Others
Third Party Property Damage
Principal’s Existing Property
CONTRACTOR’S
CAR ALL RISKS INSURANCE
ERECTION
EAR ALL RISKS INSURANCE
= RM 1,000 each & every loss
= RM 1,000 each & every loss
= RM 2,500 each & every loss

Underground/Vibration Weakening = RM 2,500 each & every loss

Removal of Support

BROKERAGE : 15%

PREMIUM RATE / : Coverage Rate Sum Insured/Limit Gross Premium

COMPUTATION Contract Value FLAT 138,600.00 RM 250.00
Principal’s Existing Property 500,000.00 RM -

Increased Third Party Liability 1,000,000.00 RM

RM 250.00

TOTAL PREMIUM : Gross Premium : RM 250.00

6% SST RM 15.00
Stamp Duty : RM 10.00
Total Premium Due : RM 275.00

INSURER : Tokio Marine Insurans (Malaysia) Berhad – 100%

INFORMATION / : a) As per Letter of Acceptance/ Letter of Offer/ Letter of Award/ Purchase Order from Principal
REMARKS as provided herein.
b) Claims Experience: Nil (New Project)

Page 4 of 4 WILLIS (MALAYSIA) SDN BHD (26067-X)