You are on page 1of 1

INSURANCE COVER NOTE NO.

B 11849

AGENCY : FINEXIS ADVISORY PTE LTD (ANGELA YAP) DATE : 06/03/2023

THE FOLLOWING RISK IS HELD COVERED IN THE USUAL TERMS AND CONDITIONS OF THE COMPANY’S POLICY APPLICABLE THERETO

TYPE OF POLICY : RENO 360 POLICY

INSURED : ONESTOP CREATIVE ASSOCIATE PTE LTD AS MAIN CONTRACTOR AND/OR THEIR SUB-CONTRACTORS
OF ALL TIERS AND/OR S L DEVELOPMENT PTE LTD AS PRINCIPAL & LANDLORD F.T.R.R.&.I.

ADDRESS : 114 LAVENDER STREET #06-88/89 CT HUB 2 SINGAPORE 338729

INTERESTS/SUM INSURED : SECTION 1 – MATERIAL DAMAGE


CONTRACT WORKS : SGD43,800.00
SECTION 2 – THIRD PARTY LIABILITY
LIMIT OF INDEMNITY : SGD2,000,000.00

CONTRACT VALUE : SGD43,800.00

CONTRACT PERIOD : 06/03/2023 TO 18/03/2023 (PLUS 3 DAYS MAINTENANCE PERIOD)

TITLE OF CONTRACT : REINSTATEMENT WORK @ SINGAPORE LAND TOWER #L47, 50 RAFFLES PLACE, SINGAPORE 048623

DEDUCTIBLES : SECTION 1 - MATERIAL DAMAGE


1) FOR EACH AND EVERY LOSS CAUSED BY STORM, TEMPEST, FLOOD, TSUNAMI, LANDSLIP, SUBSIDENCE,
COLLAPSE OR EARTHQUAKE, THE FIRST SGD3,500.00
2) FOR EACH AND EVERY LOSS CAUSED BY DAMAGE TO PRINCIPAL’S EXISTING PROPERTY/WATER DAMAGE, THE
FIRST 10% OF LOSS AMOUNT SUBJECT TO A MINIMUM OF SGD5,000.00
3) FOR EACH AND EVERY LOSS CAUSED BY CONSEQUENCES OF DESIGN, THE FIRST 10% OF LOSS AMOUNT
SUBJECT TO A MINIMUM OF SGD15,000.00
4) FOR EACH AND EVERY LOSS CAUSED BY ANY OTHER PERILS, THE FIRST SGD2,500.00
SECTION 2 - THIRD PARTY LIABILITY
1) FOR EACH AND EVERY ACCIDENT IN RESPECT OF VIBRATION, REMOVAL OR WEAKENING OF SUPPORT,
UNDERGROUND SERVICES WARRANTY, WATER DAMAGE, THE FIRST 10% OF LOSS AMOUNT SUBJECT TO A
MINIMUM OF SGD5,000.00
2) FOR EACH AND EVERY ACCIDENT IN RESPECT OF DAMAGE TO PROPERTY, THE FIRST SGD2,500.00

SPECIAL TERMS : SUBJECT TO JURISDICTION CLAUSE, TERRORISM EXCLUSION, CONTRACT LAW CLAUSE, ENDORSEMENT RIGHTS OF
THIRD PARTIES, COMPUTER-RELATED CLAIMS ENDORSEMENT, ERISK ENDORSEMENT, ASBESTOS EXCLUSION,
SANCTION CLAUSE, PREMIUM PAYMENT WARRANTY, PREMIUM PAYMENT CONDITION PRECEDENT, INDUSTRIAL
SEEPAGE POLLUTION & CONTAMINATION (NMA1685) CLAUSE AND DISEASE OUTRIGHT EXCLUSION.

PERIOD OF INSURANCE : DATE 06/03/2023 TIME - AM/PM TO 18/03/2023


(PLUS 3 DAYS MAINTENANCE PERIOD)

WARNING FOR ALLIED WORLD ASSURANCE COMPANY, LTD


PLEASE NOTE THAT ALL POLICIES, RENEWAL
CERTIFICATES, COVER NOTES AND ENDORSEMENTS
CARRY A PREMIUM PAYMENT WARRANTY CLAUSE
WHICH REQUIRES THE PREMIUM TO BE PAID IN FULL
WITHIN A SPECIFIC PERIOD FAILING WHICH THERE
WOULD BE NO LIABILITY UNDER THE POLICY, RENEWAL
CERTIFICATE, COVER NOTE AND ENDORSEMENT ETC. ________________________________________
AUTHORISED SIGNATURE
WL/TS

You might also like