INSURANCE BACKED PERFORMANCE GUARANTEE ... - underwriting…

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1 / 3 Hydro Coating Products & Linings Guarantee. Application Form www.underwriting.lv Marine Underwriting Services SIA Reg. No. 40103608205 4 A Baznicas Street, Riga, LV-1010, Latvia Tel.: +371 67 830 870 Fax: +371 67 830 871 [email protected] INSURANCE BACKED PERFORMANCE GUARANTEE HYDRO COATING PRODUCTS & LININGS APPLICATION FORM PROJECT PROJECT NAME DESCRIPTION OF PROJECT EXPECTED STARTING DATE EXPECTED DELIVERY DATE NEW REPAIRS POLICY HOLDER COMPANY NAME ADDRESS PHONE CONTACT NAME (NAME, SURNAME) PHONE EMAIL VAT OR REGISTRATION N O INSURANCE BROKER OR AGENT COMPANY NAME ADDRESS CONTACT NAME (NAME, SURNAME) PHONE COATING OR PRODUCTS MANUFACTURER COMPANY NAME ADDRESS CONTACT NAME (NAME, SURNAME) PHONE APPLICATOR - CONTRACTOR COMPANY NAME ADDRESS CONTACT NAME (NAME, SURNAME) PHONE

Transcript of INSURANCE BACKED PERFORMANCE GUARANTEE ... - underwriting…

Page 1: INSURANCE BACKED PERFORMANCE GUARANTEE ... - underwriting…

1 / 3 Hydro Coating Products & Linings Guarantee. Appl ication Form www.underwri t ing .lv

Marine Underwri t ing Services S IA Reg. No. 40103608205 4A Baznicas S treet, Riga, LV-1010, Latvia

Tel.: +371 67 830 870 Fax: +371 67 830 871 info@underwri t ing.lv

INSURANCE BACKED PERFORMANCE GUARANTEE HYDRO COATING PRODUCTS & LININGS APPLICATION FORM

PROJECT

PROJECT NAME

DESCRIPTION OF PROJECT

EXPECTED STARTING DATE EXPECTED DELIVERY DATE NEW REPAIRS

POLICY HOLDER

COMPANY NAME

ADDRESS PHONE

CONTACT NAME (NAME, SURNAME) PHONE EMAIL

VAT OR REGISTRATION NO

INSURANCE BROKER OR AGENT

COMPANY NAME ADDRESS

CONTACT NAME (NAME, SURNAME) PHONE

COATING OR PRODUCTS MANUFACTURER

COMPANY NAME ADDRESS

CONTACT NAME (NAME, SURNAME) PHONE

APPLICATOR - CONTRACTOR

COMPANY NAME ADDRESS

CONTACT NAME (NAME, SURNAME) PHONE

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2 / 3 Hydro Coating Products & Linings Guarantee. Appl ication Form www.underwri t ing .lv

WORKSHOP - PRODUCTION SITE

COMPANY NAME ADDRESS

CONTACT NAME (NAME, SURNAME) PHONE

BENEFICIARY OF THE GUARANTEE (IF NOT SAME AS POLICY HOLDER)

COMPANY NAME ADDRESS

DESCRIPTION OF WORKS / PROJECT & AMOUNT INSURED

PART OF PROJECT TO BE INSURED (E.G. STORAGE TANKS, BRIDGE, TUNNEL, PIPELINE, ETC.)

SUM TO BE INSURED (PRODUCTS / COATINGS + APPLIC. COST + ADDIT. COSTS) ALL AMOUNTS IN EUR USD

TOTAL M2 (SQ.M) OF PROJECT (OR PER SECTION, OR PER SUBSECTION)

INSURED AMOUNT PER M2 / LIMIT PER M2

TOTAL VALUE OF PROJECT

DESCRIPTION OF THE COATING OR PRODUCTS SYSTEM(S) OR ATTACH COPY OF COATING SPECIFICATION

SCOPE OF GUARANTEE (DEFINITION OF INSURED DEFECTS)

5 YEARS

RUST DEGREE IF EQUAL OR MORE THAN RI1 / RI2 / RI3 ACCORDING TO ISO STANDARD 4628-3

Yes No

RUST DEGREE IF EQUAL OR MORE THAN RI1 / RI2 / RI3 ACCORDING ISO STANDARD 4628-3 + BLISTERING, CRACKING, FLAKING (INCLUDING DETACHMENT), RESULTING FROM CORROSION ACTIVITY

Yes No

DETACHMENT, BLISTERING, FLAKING & CRACKING Yes No

SLIDING INDEMNITY SCALE (IN % OF REPAIR COSTS)

STANDARD ( 100 % - 90 % - 80 % - 70 % - 60%)

OTHER CHOICE

EXCESS % OF TOTAL SURFACE PER SECTION (EXCESS = INTERVENTION LIMIT OF INSURER)

STANDARD (0,5% - 1% - 1,5% - 2% - 2,5%)

OTHER CHOICE

ADDITIONAL COVERS NEEDED

DURATION OF GUARANTEE

3 YEARS 1 YEAR

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COMPULSORY SPOT INSPECTIONS

To obtain a formal quote, please contact IICIN (International Independent Coating Inspectors Network) Mrs Regine BUYSSCHAERT at +32 475 523 401 or by email at [email protected]

NAME OF COATING INSPECTOR ((IF ALREADY KNOWN)

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION WHICH MIGHT INFLUENCE OUR QUOTATION

APPLICATION FOR INSURANCE

APPLICATION SUBMITTED BY APPILICATION DATE

This insurance application is intended to allow the study of an insurance risk; it does not bind either the insurer or the applicant for insurance.

The insurance policy will be established on the basis of the above information, misrepresentation, omission or withholding of material facts may lead to sanction under the German Insurance Code. For marine insurance you are reminded that the insured, in addition to answers to questions in this Proposal form for risk analysis, must report all material facts known to him which are likely to influence the insurable risk proposed.

Computerized data processing and individual rights: As required by law for closing and management of the policy and its covers, the items of information regarding an insured is intended for MARINE UNDERWRITING SERVICES SIA and HDI GLOBAL SPECIALTY SE, service providers, subcontractors, representatives, co insurers, reinsurers and professional bodies. In the management of claims, your data may be transmitted to a professional body, as well as to investigators, for the purpose of combating insurance fraud. Unless you object thereto, that information may also be transmitted to other MARINE UNDERWRITING SERVICES SIA and HDI GLOBAL SPECIALTY SE entities and their partners for commercial purposes.