Article 13 (Happening of loss)
1. Upon becoming aware of the happening of any loss or damage arising out of the risk specified on Article 1, the person effecting the insurance or the Insured shall execute at his own expense as follows.
(1) to endeavor to prevent and mitigate loss damage.
(2) to give notice to the Company without delay time and place of the occurrence of the loss or damage, particulars, degree of the loss of or damage, and in the event of there being a witness regarding aforesaid matter, his name and address.
(3) to inform without delay to the police in the case when the subject-matter of insurance is stolen.
(4) to prepare and deliver to the Company within thirty days, after the giving of such notice as stipulated in item 2 or within any further period as may be allowed in writing by the company a report on the particulars of the loss or damage and an estimate thereof together with such proofs, books, or any other document as the Company may require.
(5) to make necessary emergency repair when it is needed to the subject-matter of insurance, and to obtain the Company’s prior approval regarding the formal repair, submitting a detailed estimate prepared by an appropriate repairer.
(6) to take necessary steps to preserve or to enforce his right of recourse, in the case when the Insured is entitled to receive compensation from the third party or parties.
2. In the event of there being any breach of warranty referred to in the preceding paragraphs, the Company.
Shall not be liable to indemnify the Insured for the loss or damage as follows.
(1) whole of the loss in the case from item 2 to 5.
(2) a part of the loss be recognized he could save by prevention or mitigation, in case of item 1.
(3) a part of the loss which should be compensated by third party in exercising his due right in case of item 6.