MARINE HULL INSURANCE QUOTATION
NO.0103/PB/IV/2025
Type of Coverage : Marine Hull Insurance
Insured Name : PT Bank Jtrust Indonesia Tbk QQ PT Lintas Prima Damai
Address : Sahid Sudirman Center, Jl. Jend.Sudirman No.86,Jakarta Pusat 1020
Vessel : As Attached
Total Sum Insured : IDR 72,000,000,000.-
Period : TBA (1 year) annual cover
Conditions : ITC Hull CL. 280,with Clause 1.2 deleted and Clause 8+F FO 4/4ths
Collision Liability
Trading Warranties : Indonesia
Deductibles : 1% of Total Sum Insured minimum USD 10,000. -for any one
occurrence for any one vessel Additional Deductible Due to crew
negligence :
- 25% of Claim, minimum IDR 100,000,000.00 any one accident
for machinery damages (for tug Boat only)
- 15% of Claim any one accident for other damages
Rate : 0.80%
Premium : As Attached
Subjectivity :
- Annual cover and period must be informed before on risk
- No known or reported loss upto inception date or binding date whichever is
the later
- Wreck removal excluded
- This policy shall not apply to or include liability due to damage,
destruction of ecosystem structural habitats and reduction or loss of
coral species diversity
- Marine Cyber Endorsement Clause (LMA 5403)
- JWC hull,war, strikes,terrorism and related perils listed area JWLA 032
(18 December 2023)
- Warranted vessel classed and class maintained at thetime of accident
- Excluding tower's liability
- No Cover/Liability before binding confirmation received by us
- Warranted Clean Loss Record for the last 5 years for all Vessel
otherwise we will-be re-viewed Share & RTC
- Excluding losses arising from liquefaction of mineral cargoes
- Excluding losses arising from voluntary beaching
- Exclude Ex gratia and compromise loss settlement
- Vessel Already Handeed Over From Ship Bullder to be Insured
- BKI Certificates (hull and Machinery) Must be Available and Submitted
to Insurer at Bind Or-der
Additional Clause :
- Any Ownership Changes would not affect this policy,
provided that there no change in management
- Banker's Clause:PT Bank Jtrust Indonesia Tbk
- Coronavirus Exclusion LMA 5395
- Currency Clause
- Dispute Clause
- Each vessel shallbe deemed to be a separate insurance
- Electronic Date Recognition Clause EDRC(A)
- Excluding Delivery Voyage
- Excluding P & I Risk, Wreck Removal, & Loss of Hire
- For purposes of all contributory to general average and/or
salvage and/or sue & labor expenses the insured vessel is
deemed to be fully insured for their actual sound market
value at the time of accident
- For the purpose any claims recoverable under policy, it is
agreed that the total sum insured of the subject matter of
theinsured shall be deemed and/or considered to be her
actual sound value at the time of accident
- Full Premium if Loss Clause
- General average Expenditure to be paid in full
- Helicopter Clause
- Indonesia Jurisdction Clause
- Institute Time Clauses Hullis 1/10/83 (Cl. 280) Al Risk
Amended to 4/4 Collision Liability included fixed floating
object
- Institute Cyber Attack Exclusion Clause 10/11/03 (CL.380)
- Institute Radioactive Contamination, Chemical, Biological,
Bio-Chemical and Electromagnetic Weapons Exclusion Clause
10/11/2003 CL 370
- Institute War &strike clauses hulis time 1/10/83 (CI.281)
- JELC Communicable Disease Exclusion IX2020-009A
- Joint Excess Loss Committee Information Technology Hazards
Clause
- Leased Equipment Clause
- Loss Notification (14 days)
- Nominated Adjuster PT Pandu Halim Perkasa & PT Radita
Hutama Internusa
- No Lay Up Return Premium
- No Rebuild vessel
- Nominated Surveyor PT Asuka Bahari Nusantara & PT RBMS
- Premium Payment Clause (Hull)
- Sanction Limitation and Exclusion Clause (LMA 3100)
- Seaworthiness Clause
- Seepage and pollution Exclusion Clause
- Termination of Insurance(Hull)
- Terrorism Exclusion Clause (JEL-XL 2004/0021)
- Trading Warranty:Indonesia Waters Only
- USA & Canada Endorsement for the Institute Radioactive
Contamination, Chemical,Bio-Chemical, and Electromagnetic
Weapons Exclusion Clause
- Joint Excess of Loss Cyber Losses Clause JX 2020-07
Industries, Seepage, Pollution and Contamination Clause NMA
1685
- JELC Note on Communicable Disease Clause JX2020-011
- Terrorism & Sabotage Exclusion
- Five Powers War Clause
- Vessel Detainment Clause (Hull only)
- Asbestos Exclusion Clause
- Waiver Clause
- When a vessel missing for 6 (six) months from the date of her
sailing from the last port, she shall be presumed to be
an actual total loss
- Information and technology hazards Exclusion Clause-JEL
16/11/01
- Extra Contractual Obligation Exclusion Clause
- Nuclear Energy Risks Exclusion Clause 1/1/89
- Political Risk, Financial Guarantee and Credit Exclusion Clause 1995
Warranties :
- Premium must be paid within 30 days from inception date
- Sailing permit from port authority
- Seaworthiness Warranty at all time during operation
- Typhoon Warranty Clause
- Warranted Complete documents and availability of vessel
valid statutory document and/or statutory certificates at the
time of accident
- Warranted Single Tow Only
- Warranted Skilled and/or Experience and authorized for all
Crews
- Warranted the vessel must be in seaworthy condition at
time of accident and any insufficien cy of vessel's
construction, equipment, outfit and crew for the trade of
service in which the vessel is employed, or any bad stowage or
over loading of cargo or overdraft of vessel, are breaches of the
warranty of seaworthiness
- Warranted for towing operation, the tug boat should not be under
power condition/the power of tug boat shouId be
adequate
- Warranted all regulations and recommendations by port/sea
author must be fulfilled
- Warranted vessel ISM compliant, if applicable
- Warranted No Overdraft/Overload the cargo/crew/passenger
during operations
- Warranted last docking maximum 6 month before inception date
(un-classed vessel).
- Period must be informed before on risk
- No loss until binding date
This quotation is valid for 14 days.
Jakarta,17 April 2025
PT Asuransl DayinMitra Tbk.
Agreed,
(Gisela Matal Christiouima)
ATTACHMENT OF MARINE HULL INSURANCE QUOTATION NO.0103/PB/IV/2025
TABLE OF VESSEL AND PREMIUM CALCULATION
PT BANK JTRUST INDONESIA TBK QQ PT LINTAS PRIMA DAMAI
Periode 1 year (TBA)
(
In IDR)
No Name of Vessel Year Construction Type/Kind GRT/NRT Status of TSI(IDR) Rate Premium
Class (IDR)
1 Lintas Prima 01 2025 Baja/Steel Tugboat 207/23 BKI 23,000,000,000 0.80% 184,000,000
Lintas Damai 2025 Baja/Steel Barge S003/49 BKI 49,000,000,000 0.80% 392,000,000
12002
Total Premium 72,000,000,000 0.80% 576,000,000
PT ASURANSI DAYIN MITRA Tbk
General Insurance