nland Transit Including Loading / Unloading For Stock And Machinery
This endorsement forms part of this policy.
It is hereby noted and agreed that,
INTEREST
All kinds of stock, the insured’s products and machinery including installation in the factory within 1 month after delivery (not including testing)
VESSEL/CONVEYANCE
By Company’s truck and/or staff vehicles
COMMENCEMENT AND TERMINATIONOF INSURANCE
This insurance shall attached from the time when the goods hereby insured leave the warehouse or place of storage in the insured’s factory at any interior place(s) of (The Insured’s Name) in Thailand continues during the ordinary course of transit, and terminates on the time when the goods are delivered to the factories at any interior place(s) of (The Insured’s Name) in Thailand.
VALUATION
The insured value and amount shall be based on Thb.............per month (Thb ........... per year) thereof, unless otherwise agreed by the company prior to the attachment of the risk.
LIMIT OF LIABILITY
Thb .................. per anyone truck or staff vehicle
DECLARATION
This insured shall make definite declaration of each and every shipment without exception, the total amount of goods hereby insured which have been delivered during the previous month.
The Company shall have the privilege, at any time during business hours to inspect the records of the insured as respects shipments coming.
However the extension under this endorsement shall be subject to the same Terms, Conditions and Exceptions of this Policy unless otherwise to the contrary stated under this endorsement