Monday, 29 August 2016

INSURANCE FOR BOILER EQUIPMENT


INSURANCE FOR BOILER EQUIPMENT 


1     The PURCHASER shall be responsible and shall take at its own cost comprehensive insurance covers towards Installation All Risk Insurance towards Unloading, Storage, Erection, Commissioning and Performance Testing at Site, Insurance against injury to personnel and damage to property at Site, Insurance for his Erection Contractor’s personnel and all other insurance covers at Site.


2     The SUPPLIER/SELLER shall, however, be responsible and shall take Marine Insurance from warehouse to warehouse, Overseas Medical and Personal Accident Insurance for the SUPPLIER’s/SELLER’s Engineers and Supervisors deputed to Site for supervising the erection and commissioning at Site. In case under the Law or any regulation in El Salvador any other Insurance Covers are required for SUPPLIER’s/SELLER’s Supervisors and Engineers, these will be arranged by the PURCHASER.

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