Comprehensive insurance clauses for construction machinery and equipment of China Pacific Property Insurance Co., Ltd.

China Pacific Property Insurance Co., Ltd.

Property all risks clause

general rule

Article 1 This insurance contract consists of insurance clauses, application forms, insurance policies or other insurance certificates and approval forms. Any agreement on this insurance contract shall be in written form.

object of insurance

Article 2 The following properties in the address agreed in this insurance contract can be used as the subject matter of insurance:

(1) Property owned by the insured or owned by others and in charge of by the insured;

(2) Property managed by the insured or kept by others;

(3) Other legally recognized properties that have economic benefits with the insured.

Article 3 The following property with the address specified in this insurance contract, whose insured value has been specified in the insurance contract without explicit agreement by both parties to the insurance contract, does not belong to the subject matter insured in this insurance contract:

(a) gold and silver, jewelry, diamonds, jade, jewelry, ancient coins, antiques, ancient books, ancient paintings, stamps, calligraphy and painting, works of art, rare metals and other valuable property;

(2) Dams, sluices, railways, roads, culverts, tunnels, bridges and docks;

(3) Equipment and materials in the mine (pit);

(4) Portable devices and equipment such as portable communication equipment, portable computer equipment and portable camera equipment;

(five) the project is not delivered or the acceptance is unqualified.

Article 4 The following property does not belong to the subject matter insured in this insurance contract:

(1) Land, mineral resources, water resources and other natural resources;

(2) Mines and pits;

(three) the currency, ticket, securities and cash value of magnetic cards, integrated circuit (ic) cards and other cards;

(4) documents, account books, charts, technical data, computer software, computer data and other property that cannot be valued;

(5) Firearms and ammunition;

(six) illegal buildings, dangerous buildings, illegally occupied real estate;

(seven) a motor vehicle with a public driving license;

(8) Animals, plants and crops.

insured liability

Article 5 During the insurance period, the insurer shall be responsible for the direct material losses (hereinafter referred to as losses) of the subject matter insured due to natural disasters or accidents.

When an insured accident occurs due to the reasons mentioned in the preceding paragraph, the insurer shall also be responsible for compensation for the loss of the insured subject matter caused by taking necessary and reasonable measures to rescue the insured subject matter or prevent the disaster from expanding.

Article 6 After the occurrence of an insured accident, the insurer shall also be responsible for the necessary and reasonable expenses paid by the insured to prevent or reduce the loss of the subject matter insured.

exonerate

Article 7 An insurer shall not be liable for losses and expenses caused by the following reasons:

(1) Intention or gross negligence of the applicant, the insured and their representatives;

(2) Administrative acts or judicial acts;

(3) War, similar acts of war, hostile actions, military actions, armed conflicts, strikes, riots, riots, coups, rebellions and terrorist activities;

(4) Earthquake, tsunami and its secondary disasters;

(5) Nuclear radiation, nuclear fission, nuclear fusion, nuclear pollution and other radioactive pollution;

(6) air pollution, land pollution, water pollution and other non-radioactive pollution, but the non-radioactive pollution caused by insurance accidents is not limited;

(7) Inherent or potential defects, natural wear and tear, natural wear and tear of the subject matter insured, changes in the atmosphere (climate or temperature), normal water level or other gradual reasons, changes in the substance itself, mildew, humidity, rat bite, insect bite, bird peck, oxidation, corrosion, leakage and baking;

(8) theft and robbery.

Article 8 The insurer shall not be liable for the following losses and expenses:

(1) The subject matter insured suffers various indirect losses caused by the insured accident;

(2) Loss of the subject matter insured due to design errors, raw material defects or poor workmanship;

(3) Losses caused by lightning, rainstorm, flood, storm, tornado, hail, typhoon, hurricane, blizzard, freezing and sandstorm to external ancillary facilities of buildings such as billboards, antennas, neon lights and solar energy devices, insurance objects stored in the open air or simple buildings;

(four) the boiler and pressure vessel explosion caused its own losses;

(five) the loss of mechanical or electrical equipment itself caused by external forces;

(6) Loss of operated mechanical or electrical equipment caused by improper operation and technical defects of the insured and its employees;

(seven) inventory losses found during the period;

(eight) losses and expenses caused by the interruption of public power supply, water supply, gas supply and other energy supplies for any reason;

(9) The deductible stipulated in this insurance contract or the deductible calculated according to the franchise rate stipulated in this insurance contract.

Insured value, insured amount and deductible (rate)

Article 9 The insured value of the subject matter insured may be the replacement value at the time of insurance, the book balance at the time of insurance, the market value at the time of insurance or other values, which shall be determined by the applicant and the insurer through consultation and specified in this insurance contract.

Article 10 The insured amount shall be determined by the applicant with reference to the insured value, and shall be specified in the insurance contract. The insured amount shall not exceed the insured value. If it exceeds the insured value, the excess shall be invalid, and the insurer shall refund the corresponding insurance premium.

Article 11 The deductible (rate) shall be determined by the applicant and the insurer through consultation when concluding an insurance contract, and shall be specified in the insurance contract.

Insurance period

Article 12 Unless otherwise agreed, the insurance period is one year, subject to the starting and ending time specified in the insurance policy.

Obligations of the insurer

Article 13 Where the standard clauses provided by the insurer are adopted in concluding an insurance contract, the standard clauses shall be attached to the application form provided by the insurer to the applicant, and the insurer shall explain the contents of the insurance contract to the applicant. With regard to the clauses in the insurance contract that exempt the insurer from liability, when concluding the contract, the insurer shall make a prompt that can attract the attention of the insured on the application form, insurance policy or other insurance documents, and make a clear explanation to the insured in written or oral form; If there is no prompt or clear explanation, this clause will not take effect.

Article 14 After the establishment of this insurance contract, the insurer shall issue an insurance policy or other insurance certificates to the applicant in time.

Article 15 The right to terminate an insurance contract obtained in accordance with Article 19 shall be extinguished if it has not been exercised for more than 30 days since the insurer became aware of the reasons for termination. If the insurance contract has been established for more than two years, the insurer may not terminate the contract; In the event of an insured accident, the insurer shall be responsible for compensation.

When concluding a contract, the insurer knows that the applicant has not truthfully informed it, and may not terminate the contract; In the event of an insured accident, the insurer shall be responsible for compensation.

Article 16 According to the provisions of Article 25, if the insurer thinks that the certificates and materials related to the claim provided by the insured are incomplete, it shall promptly notify the applicant and the insured to supplement them.

Article 17 After receiving the request of the insured for compensation for insurance money, the insurer shall promptly verify whether it belongs to the insurance liability; If the situation is complicated, it shall be approved within 30 days, unless otherwise agreed in the insurance contract.

The insurer shall notify the insured of the verification result; If it is an insurance liability, it shall perform the obligation of compensation within ten days after reaching an agreement with the insured. If there is an agreement in the insurance contract on the time limit for compensation for insurance benefits, the insurer shall perform the obligation of compensation for insurance benefits in accordance with the agreement. If the insurer does not belong to the insurance liability after verification as agreed in the preceding paragraph, it shall issue a notice of refusal to pay compensation to the insured within three days from the date of verification, and explain the reasons.

Article 18 If the insurer cannot determine the amount of compensation insurance within 60 days from the date of receiving the claim for compensation and relevant certificates and materials, it shall pay the amount that can be determined according to the existing certificates and materials in advance; After the insurer finally determines the amount of compensation, it shall pay the corresponding difference.

Obligations of the applicant and the insured

Article 19 When concluding an insurance contract, if the insurer makes an inquiry about the subject matter insured or the insured, the applicant shall truthfully inform it and fill in the application form truthfully.

If the applicant fails to fulfill the obligation of truthful disclosure stipulated in the preceding paragraph intentionally or due to gross negligence, which is enough to affect the insurer's decision to agree to underwrite or increase the premium rate, the insurer has the right to terminate the contract.

If the applicant intentionally fails to fulfill the obligation of telling the truth, the insurer shall not be liable for the insurance accident that occurred before the termination of the contract and shall not refund the insurance premium.

If the insured fails to fulfill the obligation of telling the truth due to gross negligence, which has a serious impact on the occurrence of the insured accident, the insurer shall not be liable for compensation for the insured accident that occurred before the termination of the contract, but shall refund the insurance premium.

Article 20 The applicant shall pay the insurance premium as agreed.

If it is agreed to pay the insurance premium in one lump sum, and the insured pays the insurance premium after the agreed payment date, the insurer shall not be liable for the insurance accident that occurred before the payment.

If it is agreed to pay the insurance premium by installments, the insurer shall bear the insurance liability according to the proportion of the total amount of insurance premium actually collected by the insurer before the insurance accident and the insurance premium that the insured should pay. The insurance premium that the insured should pay refers to the total amount of insurance premium that the insured should pay by installments as of the time of the insured accident.

Article 21 The insured shall abide by the laws, regulations and provisions of the state on fire control, safety, production operation and labor protection, strengthen management, take reasonable preventive measures, try to avoid or reduce the occurrence of liability accidents, and maintain the safety of the subject matter insured.

The insurer may check the insured's compliance with the agreement in the preceding paragraph, and put forward written suggestions to the applicant and the insured to eliminate unsafe factors and hidden dangers, which the applicant and the insured shall earnestly implement.

If the applicant and the insured fail to fulfill their due responsibilities for the safety of the subject matter insured in accordance with the agreement, the insurer has the right to request an increase in the insurance premium or terminate the contract.

Article 22 Where the subject matter insured is transferred, the insured or the transferee shall promptly notify the insurer.

If the risk degree is significantly increased due to the transfer of the subject matter insured, the insurer may, within 30 days from the date of receiving the notice specified in the preceding paragraph, increase the insurance premium or terminate the contract as agreed in the contract. When the insurer terminates the contract, it shall return the insurance premium collected from the beginning of the insurance liability to the date of termination of the contract after deducting the receivable part.

The insurer shall not be liable for any insurance accident that occurs because the insured and the transferee fail to fulfill the notification obligation stipulated in this article and the risk of the subject matter insured increases significantly due to the transfer.

Article 23 During the validity period of the contract, if the occupation and use nature of the subject matter insured, the address of the subject matter insured and other important matters in the insurance contract may significantly increase the risk of the subject matter insured, or may affect the insurer's decision on whether to continue underwriting or whether to increase the insurance premium, the insured shall promptly notify the insurer in writing, and the insurer has the right to request an increase in the insurance premium or terminate the contract.

The insurer shall not be liable for any insurance accident that occurs because the insured fails to fulfill the notification obligation agreed in the preceding paragraph and the risk of the subject matter insured increases significantly.

Article 24 After the insured becomes aware of the occurrence of the insured accident, he shall:

(a) try to take necessary and reasonable measures to prevent or reduce losses, otherwise, the insurer will not be liable for the increased losses;

(two) immediately notify the insurer, and explain in writing the cause, process and loss of the accident; If it is difficult to determine the nature, cause and loss degree of the insured accident due to intentional or gross negligence, the insurer shall not be liable for the uncertain part, except that the insurer has known or should have known the occurrence of the insured accident in time through other means;

(3) Protect the scene of the accident, and allow and assist the insurer to conduct accident investigation; Refusing or obstructing the insurer's accident investigation, so that the cause of the accident cannot be determined or the loss cannot be verified, the insurer shall not be liable for the part that cannot be determined or verified.

Article 25 When requesting compensation, the insured shall provide the insurer with the following documents and materials:

(a) the original insurance policy, claim application, property loss list, technical appraisal certificate, accident report, ambulance expense invoice, necessary account books, documents and certificates issued by relevant departments;

(2) Other certificates and materials that the applicant and the insured can provide to confirm the nature, cause and loss degree of the insured accident.

If the applicant and the insured fail to fulfill the obligation of providing documents agreed in the preceding paragraph, resulting in the insurer being unable to verify the loss, the insurer shall not be liable for the part that cannot be verified.

Compensatory therapy

Article 26 In the event of an insured accident, if the insured has no insurable interest in the subject matter insured, he may not claim compensation from the insurer.

Article 27 Within the scope of insurance liability of the subject matter insured, the insurer has the right to choose the following ways to compensate for losses:

(1) monetary compensation: the insurer pays compensation by paying insurance money;

(2) Compensation in kind: The insurer replaces the damaged subject matter in kind, which should have the same kind, structure, state and performance as that of the insured subject matter before the accident;

(3) Actual repair: the insurer repairs or entrusts others to repair the damaged subject matter.

The insurer shall not be liable for the extra expenses arising from any changes, performance improvement or improvement made by the insured in the process of repairing or replacing the subject matter insured.

Article 28 If the subject matter insured has residual value after losses, it shall be handled by both parties through consultation. If it is returned to the insured, its value shall be determined by both parties through consultation and deducted from the insurance compensation.

Article 29 Where the subject matter insured suffers losses within the scope of insurance liability, the insurer shall calculate the compensation according to the following provisions:

(a) when the insured amount is equal to or higher than the insured value, the compensation shall be calculated according to the actual loss, and the maximum amount shall not exceed the insured value;

(2) When the insured amount is lower than the insured value, the compensation shall be calculated by multiplying the ratio of the insured amount and the insured value by the actual loss, and the maximum amount shall not exceed the insured amount;

(3) If there is more than one subject matter listed in this insurance contract, it shall be handled in accordance with this article.

Article 30 When the insured amount of the subject matter insured is greater than or equal to its insured value, the necessary and reasonable expenses paid by the insured to prevent or reduce the loss of the subject matter insured shall be calculated separately from the compensation amount for the loss of the subject matter insured, and the maximum amount shall not exceed the insured value of the subject matter insured.

When the insured amount of the subject matter insured is less than its insured value, the above expenses shall be calculated respectively according to the ratio of the insured amount of the rescued subject matter insured to its insured value, and the maximum amount shall not exceed the insured amount of the rescued subject matter insured.

If the salved property contains property not covered by this insurance contract, the salvage expenses shall be shared according to the proportion of the insured value of the subject matter insured to the total value of the salved property.

Article 31 The amount of compensation paid by the insurer for each accident shall be the amount calculated in accordance with Articles 29 and 30 after deducting the deductible for each accident, or the amount calculated in accordance with Articles 29 and 30 after deducting the product of this amount and the deductible rate.

Article 32 If there is double insurance in the event of an insured accident, the insurer shall be liable for compensation in proportion to the sum of the corresponding insurance amount in this insurance contract and the corresponding insurance amount in other insurance contracts and this insurance contract.

The insurer is not responsible for the amount of compensation that other insurers should bear. If the insured fails to tell the truth, causing the insurer to pay more compensation, the insurer has the right to recover the overpaid part from the insured.

Article 33 If part of the subject matter insured is lost, the insured amount of this insurance contract shall be reduced according to the insurer's compensation amount from the date of loss after the insurer has fulfilled the obligation of compensation, and the reduced premium shall not be refunded by the insurer. If the applicant requests to restore the original insurance amount, the insurance premium calculated on a daily basis from the date when the applicant requests to restore to the date when the insurance period expires shall be paid separately according to the original agreed insurance rate.

Article 34 If the loss within the scope of insurance liability should be compensated by the responsible party, the insurer shall subrogate the insured's right to claim compensation from the responsible party within the scope of compensation from the date of compensation to the insured, and the insured shall provide the insurer with necessary documents and relevant information.

If the insured has obtained compensation from the relevant responsible party, the insurer may deduct the amount of compensation that the insured has obtained from the relevant responsible party when paying the insurance money.

If the insured waives the right to claim compensation from the responsible party after the insured accident and before the insurer pays the insurance money, the insurer shall not be liable for compensation; After the insurer compensates the insured, if the insured waives the right to claim compensation from the responsible party without the consent of the insurer, the act is invalid; If the insurer is unable to exercise the right to claim compensation by subrogation due to the intentional or gross negligence of the insured, the insurer may deduct or demand the return of the corresponding insurance money.

Article 35 The limitation of action for the insured to claim compensation from the insurer is two years, counting from the day when he knew or should have known the occurrence of the insured accident.

Dispute settlement and application of law

Article 36 Any dispute arising from the performance of this insurance contract shall be settled by both parties through consultation. If negotiation fails, it shall be submitted to the arbitration institution specified in the insurance policy for arbitration; If the arbitration institution is not specified in the insurance policy and no arbitration agreement is reached after a dispute arises, a lawsuit shall be brought to the people's court according to law.

Article 37 All disputes arising from the performance of this insurance contract shall be governed by the laws of People's Republic of China (PRC) (excluding the laws of Hong Kong, Macao and Taiwan).

Any other business

Article 38 In case of partial loss of the subject matter insured, the applicant may terminate the contract within 30 days from the date of compensation by the insurer; Unless otherwise agreed in the contract, the insurer may also terminate the contract, but it shall notify the applicant fifteen days in advance.

If the insurance contract is terminated in accordance with the provisions of the preceding paragraph, the insurer shall, in accordance with the contract, refund the insurance premium of the undamaged part of the subject matter insured to the applicant after deducting the receivable part from the date of commencement of insurance liability to the date of termination of the contract.

Article 39 Before the commencement of insurance liability, if the applicant requests to terminate the insurance contract, he shall pay the refund premium to the insurer in accordance with the provisions of this insurance contract, and the insurer shall refund the remaining premium.

After the commencement of insurance liability, if the applicant requests to terminate the insurance contract, the insurance contract shall be terminated as of the date of notifying the insurer, and the insurer shall collect the insurance premium from the commencement of insurance liability to the date of termination of the contract according to short term rates, and return the remaining insurance premium.

After the commencement of insurance liability, if the insurer requests to terminate the insurance contract, it may send a notice of termination to the applicant fifteen days in advance to terminate the insurance contract, and the insurer will collect the insurance premium according to the daily ratio of the period from the commencement of insurance liability to the date of termination of the contract to the insurance period, and return the remaining insurance premium.

Article 40 If the subject matter insured is totally lost, which belongs to the insurance liability, this insurance contract shall be terminated after the insurer performs the obligation of compensation; If it does not belong to the insurance liability, this insurance contract will be terminated, and the insurer will collect the insurance premium from the beginning of the insurance liability to the date of loss according to short term rates, and return the remaining insurance premium.

translate freely

Article 41 When the following terms are involved in this insurance contract, the following definitions shall apply:

(1) fire

A disaster caused by burning out of control in time or space. The fire liability that constitutes this insurance must meet the following three conditions at the same time:

1. There is burning phenomenon, that is, there is heat, light and flame;

2. Accidental and accidental combustion;

3. The combustion is out of control and tends to spread.

Therefore, the simple burning phenomenon does not mean that it constitutes fire liability in this insurance. The purposeful use of fire in production and life, such as burning dirty clothes and burning waste in epidemic prevention stations, belongs to normal combustion and is different from fire responsibility.

Losses such as paste deterioration caused by baking, roasting, scalding, branding, etc. do not belong to burning, spreading or fire responsibility.

Motor, electrical appliances, electrical equipment due to excessive use, overvoltage, wire contact, solitary flower, leakage, self-heating, etc., do not belong to fire responsibility. However, if a fire breaks out and spreads out of control, it constitutes a fire responsibility and is responsible for compensating for the losses of motors, electrical appliances and electrical equipment itself.

(2) explosion

Explosions are divided into physical explosions and chemical explosions.

1. Physical explosion: As the liquid expands into vapor or gas, the pressure increases sharply, which greatly exceeds the limit pressure that the container can bear, thus causing an explosion. Such as the explosion of boilers, air compressors, compressed gas cylinders and liquefied gas tanks. The definition of boiler and pressure vessel explosion is: an accident in which the boiler or pressure vessel breaks during use or pressure test, so that the pressure instantly drops to be equal to the external atmospheric pressure, which is called "explosion accident".

2. Chemical explosion: A phenomenon that a large amount of heat and gas are released when an object rapidly decomposes or burns, and spread around with great pressure. Such as gunpowder explosion, combustible dust fiber explosion, combustible gas explosion and various chemical explosions.

Losses caused by defects in the object itself, lack of service or poor product quality, and "negative pressure" inside the container (the internal pressure is less than the external pressure) do not belong to the explosion responsibility.

(3) Lightning strike

Lightning stroke refers to the disaster caused by lightning. Lightning is a discharge phenomenon in cumulonimbus clouds, between clouds or between clouds. The damage forms of lightning strike are divided into direct lightning and induction lightning.

1. Direct lightning strike: As lightning directly hits the subject matter insured and causes losses, it belongs to direct lightning strike responsibility.

2. Induction lightning strike: The fire caused by electrostatic induction or electromagnetic induction caused by lightning strike makes the insulated metal objects in the house generate high potential and spark, which leads to the damage of the electrical appliance itself, or the damage of electrical components caused by lightning high-voltage induction, which belongs to the responsibility of induction lightning strike.

(4) Rainstorm: refers to the rainfall with an hourly rainfall of more than16mm, or a continuous rainfall of more than 30mm for 12 hours, or a continuous rainfall of more than 50mm for 24 hours.

(5) Flood: refers to flash floods, river flooding, tidal ashore and backward flow. However, regular high tide, leakage of automatic fire extinguishing facilities, water seepage below the water level all the year round or burst of underground water pipes are not responsible for floods.

(6) Storm: refers to natural wind with wind speed of17.2m/s or above.

(7) A tornado refers to a violent cyclone with a small scope and a short time. The average maximum wind speed on land is 79m/s-103m/s, and the extreme maximum wind speed is above100m/s. ..

(8) Hail: refers to ice or ice hockey falling to the ground from strong convective cumulonimbus clouds, with a diameter greater than 5 mm and solid precipitation with a hard core.

(9) Typhoon and hurricane: Typhoon refers to a tropical cyclone with the maximum average wind force 12 or above near the center, that is, the wind speed is above 32.6m/s; Hurricanes are tropical cyclones with the same nature as typhoons, but they appear in different places. Typhoons appear in the Pacific Northwest, and hurricanes appear in the Indian Ocean and Atlantic Ocean.

(10) sandstorm: refers to the weather phenomenon that strong winds blow up a lot of dust on the ground, making the air very turbid and the horizontal visibility is less than 1 km.

(1 1) Blizzard: refers to the phenomenon that the snowfall in 12 hours is greater than or equal to10mm. ..

(12) Ice: refers to the ice floating during the thawing period of rivers in spring, which accumulates into dams, blocks the river course, causes the water level to rise sharply, causes the river to overflow the river course, and causes disasters.

In some areas on land, such as through flow in the valley or extremely cold, rain and snow form ice cubes on objects, which are drooping, thicker and heavier, and the objects are damaged by drooping tension, which is also the responsibility of ice.

(13) Sudden landslide: the phenomenon that unstable rock and soil or man-made deposits on the slope suddenly slide downward under the action of gravity.

(14) Collapse: Rock cliffs, earth cliffs and rocks collapse and collapse due to natural weathering and rain erosion, and a large amount of snow suddenly collapses and rolls down from a height under the action of gravity.

(15) Debris flow: a special torrent with a lot of sediment and stones, which is excited by rain, melting ice and snow.

(16) Sudden ground subsidence: due to natural variation and stratum contraction, the crust suddenly collapses. Sudden ground subsidence due to the erosion of tides, rivers and rainstorms or the failure to master the stratum before building houses, and there are holes and mines underground, also belongs to sudden ground subsidence. However, the sinking, cracking and collapse of the building foundation are not included. According to the construction needs.

(17) Falling of flying objects and other airborne objects: refers to falling of aircraft, satellites and meteorites, falling of objects during crane and driving operations, scattering and falling of stonework, stones and earthwork caused by manual excavation or explosion, collapse, falling and dumping of buildings, and falling of other airborne objects.

(18) Natural disasters: refer to natural phenomena with irresistible destructive power such as lightning strike, rainstorm, flood, storm, tornado, hail, typhoon, hurricane, sandstorm, blizzard, freezing, sudden landslide, collapse, debris flow and sudden ground subsidence.

(19) Accidents: refer to accidents and unexpected events beyond the control of the insured that cause material losses, including fires and explosions.

(20) Gross negligence: refers to the behavior that the actor not only fails to comply with the higher requirements of legal norms, but also fails to meet the general standards that people should pay attention to and can pay attention to.

(2 1) Terrorist activities: refers to the acts of anyone who uses force or violence to intimidate or influence any government in the name of an organization or participates in an organization.

(22) Earthquake: Crustal vibration.

(23) Tsunami: Tsunami refers to the huge waves caused by submarine earthquakes, volcanic eruptions or underwater landslides and collapses.

(24) Administrative act or judicial act: refers to the act of government departments at all levels, law enforcement agencies or institutions that perform public and social management functions according to law, ordering the destruction, requisition and confiscation of the subject matter insured.

(25) Simple building: refers to a building that meets one of the following conditions: (1) a building with bamboo, reed mat, tarpaulin, thatch, linoleum, plastic film, nylon cloth, glass fiber reinforced plastic tile and other materials as the roof or wall; (2) Buildings with closed top, but the ratio of the area of the non-closed part of the facade to the total area of the facade exceeds 10%; (3) Buildings with the maximum distance between the roof and all walls exceeding one meter.

(26) Spontaneous combustion: refers to the phenomenon that combustible materials generate heat due to their internal physical effects (such as adsorption and radiation). ), chemical action (such as oxidation, decomposition, polymerization, etc. ) or biological effects (such as fermentation, bacterial decay, etc. ) there is no direct effect of external heat source, and the accumulation of heat causes the temperature to rise. When the combustible substance reaches a certain temperature, it burns without direct contact with an open flame.

(27) Replacement value: refers to the cost of replacing or rebuilding the damaged subject-matter insured to make it in a brand-new state, but does not include the extra cost incurred by any change, performance improvement or improvement by the insured.

(28) Burst of water tank and water pipe: including frost crack and accidental burst. The burst of water tank and water pipe is generally caused by the defects or wear of water tank and water pipe itself or freezing cold.

appendix

Short term rates table

insurance

first stage

individual

Yueji

individual

Yuesan

individual

Yuesi

individual

Yuewu