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Insurance Certificate Of Liability

Insurance Certificate Of Liability Template for Indonesia

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Key Requirements PROMPT example:

Insurance Certificate Of Liability

"I need an Insurance Certificate of Liability for my manufacturing company in Jakarta, with coverage of up to USD 2 million for product liability and workplace accidents, to be issued by March 2025 to comply with our new international distributor's requirements."

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Document background
The Insurance Certificate of Liability is a crucial document in Indonesian business operations, required whenever an entity needs to prove they have adequate liability insurance coverage. This certificate is commonly requested for business transactions, regulatory compliance, contracts, and lease agreements. It must conform to Indonesian insurance regulations, particularly Law No. 40 of 2014 and OJK guidelines, which specify mandatory content and format requirements. The document typically includes details of coverage limits, policy periods, named insured parties, and specific types of liability coverage. It serves as an official verification tool for third parties to confirm insurance coverage and is essential for risk management and compliance purposes in business operations throughout Indonesia.
Suggested Sections

1. Certificate Details: Certificate number, date of issuance, and reference numbers

2. Insured Party Information: Complete details of the insured party including name, address, and business type

3. Insurer Information: Complete details of the insurance company including license numbers and contact information

4. Policy Information: Policy number, effective dates, and type of coverage

5. Coverage Summary: Overview of the main types of liability coverage provided

6. Limits of Liability: Detailed breakdown of coverage limits for each type of liability

7. Key Terms and Conditions: Essential conditions and limitations of the coverage

8. Certification Statement: Official statement certifying the coverage and any cancellation provisions

9. Authorization: Signatures of authorized representatives and official stamps

Optional Sections

1. Additional Insured Parties: Section listing additional parties covered under the policy, used when multiple entities need coverage

2. Special Conditions: Any specific conditions or requirements particular to the insured's situation

3. Territory Limitations: Geographical limitations of coverage, included when coverage is restricted to specific regions

4. Claims Notification Procedure: Detailed procedure for filing claims, included for complex liability coverage

5. Industry-Specific Endorsements: Special endorsements related to specific industry requirements

Suggested Schedules

1. Schedule A - Coverage Limits: Detailed breakdown of all coverage limits and sub-limits

2. Schedule B - Insured Locations: List of all covered locations and their specific details

3. Schedule C - Excluded Activities: Comprehensive list of activities and situations excluded from coverage

4. Appendix 1 - Claims History: Summary of recent claims history if required

5. Appendix 2 - Risk Assessment: Summary of risk assessment findings and mitigation measures

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions
































Clauses

























Relevant Industries

Manufacturing

Construction

Retail

Healthcare

Transportation

Professional Services

Real Estate

Energy

Technology

Hospitality

Maritime

Agriculture

Mining

Education

Financial Services

Relevant Teams

Legal

Risk Management

Compliance

Finance

Operations

Procurement

Facilities Management

Project Management

Corporate Affairs

Insurance Administration

Safety and Security

Business Development

Relevant Roles

Risk Manager

Compliance Officer

Legal Counsel

Insurance Manager

Chief Financial Officer

Operations Director

Facilities Manager

Contract Administrator

Safety Officer

Project Manager

Corporate Secretary

Procurement Manager

Business Development Manager

General Counsel

Chief Risk Officer

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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