2. DICTIONARY / TERMS OF INSURANCE TERM SECOND PART
3. DICTIONARY / TERMS OF INSURANCE TERM THIRD or LAST SECTION
LIST of DICTIONARY / TERMS OF INSURANCE SECON PART
LOGGING
MILITARY
POWER
CIVIL COMMOTION
CLAIM
CLAUSE
KNOCK FOR KNOCK AGREEMENT (RISK RISK)
TREASON
OVER INSURED (Above Market Price)
THE RELEASE OF PEOPLE
INFRINGEMENT
STRIKE
PREVENTION
POWER TRANSFER TAKING
WORK DISPOSAL
HISTORY
WARES AND HUNDREDS
CIVIL WAR
MALICIOUS DAMAGE
PERSONAL ACCIDENT (PASSENGERS & DRIVER)
POLICY
PROXIMATE CAUSE
LOGGING = Entering the compound of another person by force and with malicious intent, must be visible / forcible by force such as congkelan or pengrusakkan.
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MILITARY POWER is a group of armed forces both within and outside the country of at least 30 (thirty) persons who use violence to overthrow the de jure or de facto de jure Government or create an atmosphere of disorderliness of public order and security.
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CIVIL COMMOTION is the action of a group of persons of at least 12 (twelve) persons, who in carrying out a common cause creates an atmosphere of disturbance of public order with noise and uses violence and destruction of property of others, which has not been regarded as a riot.
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CLAIM is a loss or damage suffered by the insured against the object insured caused by the risk guaranteed in the policy.
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CLAUSE. It is part of the policy or additions attached to the policy in respect of a particular matter in the contract / insurance agreement or special part of the policy or endorsement.
PREVENTION is the actions of the competent authorities in the attempt to block, stop or reduce the impact or consequences of the occurrence of the risks guaranteed.
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KNOCK FOR KNOCK AGREEMENT (RISK RISK) Is an inter-company agreement with the agreement where the insurers who entered into the agreement agreed not to use their subrogation rights to their fellowmen. In Indonesia, this provision only applies if the vehicle that is mutually hit is equally covered with All Risk Condition or All Risk Insurance plus TJH third party.
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TREASON is the act of a person acting on behalf of or in connection with an organization or group of persons with activities directed against the violent overthrow of the Government de jure or de facto or affecting it with Terrorism or Sabotage or violence.
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OVER INSURED (Above Market Price) It is a situation where at the time of loss, the Coverage Price is higher than the Vehicle Market Price (Sum Insured> Value Value at the time of loss). If this happens, the Partial Loss claim will be substantially reduced (less deductible), Total Loss Claim will be replaced at Market Price, not the Insured Price. Why? Because the true loss of the insured is the Market Price of the vehicle. back to top
THE RELEASE OF PEOPLE is the movement of the majority of the people in the State Capital, or in three or more Provincial Capitals within a period of 12 (twelve) days, which requires the de jure or de facto Government's reimbursement, or openly rejects the Government of de jure or de facto, which has not yet been regarded as an Uprising.
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INFRINGEMENT is an organized act of a group of people who commit and disagree de jure or de facto de jure government with violence using firearms, which may pose a threat to the sustainability of a de jure or de facto Government.
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STRIKE is a deliberate act of destruction by a group of workers, a minimum of 12 (twelve) workers or half the number of workers (in the case of the total number of employees less than 24 (twenty four), who refuse to work as usual in an attempt to forcing the employer to meet the demands of the workers or in protesting the rules or terms of employment imposed by the employer.
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PREVENTION is the actions of the competent authorities in the attempt to block, stop or reduce the impact or consequences of the occurrence of the risks guaranteed.
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POWER TRANSFER TAKING is a condition which shows that a de jure or de facto Government has been overthrown and replaced by a force that enforces and / or enforces its own rules.
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WORK DISPOSAL is a deliberate act of destruction by a group of workers, a minimum of 12 (twelve) workers or half of the total number of workers (in the case of the total number of workers less than twenty-four), as a result of workers laid off or hindered by employers .
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HISTORY is the taking or seizure of another person's property by someone (not included by persons under the supervision of the Insured), to be possessed or possessed unlawfully.
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WARES AND HUNDREDS are widespread armed conflicts (either with or without a declaration of war) or an atmosphere of war between two or more countries, including a country's war exercises or joint war exercises between countries.
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CIVIL WAR is an armed conflict between regions or political interaction within the territorial boundaries of a country with the aim of competing for power legitimacy. back to top
MALICIOUS DAMAGE is the act of a person who deliberately destroys another person's property by vengeance, envy, anger or vandalistic, except for the actions of a person who is under the supervision or on the order of the Insured or who supervises or controls the property, or by thieves / robbers / looters.
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PERSONAL ACCIDENT (PASSENGERS & DRIVER) (Personal Accident for Passengers and Driver) Provides guarantees against physical loss causing death / permanent disability of passengers from motor vehicles insured as a result of motor vehicle accidents carried or carried.
This Personal Accident is only for: the Insured, the passengers, with or without their name, driver and / or driver's assistant. Premium rates are calculated based on the number of seats insured vehicle, except for driver / helper driver set apart without regard to the number of seats.
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POLICY = Contains agreement between the insured and the insurer regarding the risks to be insured. back to top PREMI is a sum of money to be paid by the insured to obtain protection for the object insured.
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PROXIMATE CAUSE (Cause) If the insured interest is unfortunate or accidental, we will first look for the active and efficient causes that drive an uninterrupted series of events so that in the end the calamity or accident occurs. A principle used to find the cause of active and efficient is: "Unbroken Chain of Events" is an unbroken chain of events chain. For example, the following personal accident claim cases:
From the event it is known that the proximate cause is the victim driving a vehicle at high speed so the car is uncontrolled and reversed. Through the proximal cause will be known whether the cause of the accident or accident is guaranteed under the conditions of the insurance policy or not?
Read more to the previous page dictionary / term insurance first part, or go to the next page dictionary / term insurance third or last section, or back to top
- A person drives a high-speed toll road vehicle so the car is out of control and overturned
- The victim is seriously injured and taken to the hospital
- Shortly afterwards the victim dies.
From the event it is known that the proximate cause is the victim driving a vehicle at high speed so the car is uncontrolled and reversed. Through the proximal cause will be known whether the cause of the accident or accident is guaranteed under the conditions of the insurance policy or not?
Read more to the previous page dictionary / term insurance first part, or go to the next page dictionary / term insurance third or last section, or back to top