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Author Topic: Old School Insurance....  (Read 542 times)

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thecrooch

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Old School Insurance....
« on: June 18, 2010, 03:29 PM »
Just got asked to insure this.....  sweet!!


The Insured : SR Suntour Inc.
Mail Address : #7 Hsing Yeh Road, Fu Hsing Industrial Zone Chang Hua, Taiwan,
R.O.C.
Insured Period : From July 25, 2010 to July 25, 2011 on both dates at 12:00 p.m. local
standard time
Insured Products : Forks, rear shock, V-Boxx, chainwheels, bottom brackets, front
derialleurs, disc brake, seatposts, and hub dynamo.
E-bike battery unit, battery charger & E-bike components.
*Warranted that all products insured are compiled with mandatory
and/or voluntary safety standards of importing countries.
Retroactive Date : From June 09, 1995 (Forks, rear shock, V-Boxx, chainwheels, bottom
brackets, front derialleurs, disc brake, seatposts, and hub dynamo.)
From July 25, 2009 (E-bike battery unit, battery charger & E-bike
components.)
Coverage : Bodily Injury and Property Damage caused by alleged defective insured
Products designed / manufactured / distributed / sold by the Original
Insured
Limit of Indemnity : USD 1,000,000.- each & every claim/
USD 2,000,000.- annual aggregate for all vendors
Estimated Turnover : USD31,602,709.- for USA/Canada
USD68,397,291.- for ROW
Territory & Jurisdiction : Worldwide including USA/Canada.
Conditions : 1. Claims-made Basis Policy Wordings
2. Disputes arising out of the Policy are subject to Taiwan laws and
regulations only
3. Limit of indemnity and deductible are inclusive of costs and expenses
4. No Extended Reporting Period
5. Deductible clause
6. Claims series clause
7. Limited Vendor’s clause
Exclusion : 1. Asbestos & Lead & PCB and their related products

Offline Kaner

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Re: Old School Insurance....
« Reply #1 on: June 18, 2010, 04:57 PM »
Very cool Si  :daumenhoch:
« Last Edit: June 19, 2010, 09:20 PM by Kaner »

Offline Gary72

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Re: Old School Insurance....
« Reply #2 on: June 18, 2010, 10:02 PM »
Cant see the small print :LolLolLolLol:

Offline meticulous

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Re: Old School Insurance....
« Reply #3 on: June 18, 2010, 10:43 PM »
easy!  just say no!    :)
R.I.P  O.M. Far short of the finish line...

thecrooch

  • Guest
Re: Old School Insurance....
« Reply #4 on: June 19, 2010, 09:14 PM »
i dont do small print...

Premium is $92,000!!!

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