All shipments in the risk of Jotun A/S and its Norwegian co-insured companies are subject to a franchise
(minstegrense) of NOK 100.000, - per anyone claim.
For all other co-insured companies, a deductible of NOK 10.000, - per anyone claim applies regarding
shipments in their own risk.
No deductible applies to CIF/CIP shipments or to transports of removals, office equipment,
spare parts or machinery. Jotun Multi Colour System is per definition machinery.
Exhibitions - deductible NOK 10.000, - each and every loss occurrence”