Implementation of Machinery Breakdown Insurance at PT Semen Indonesia
Journal Title: International Journal of Current Science Research and Review - Year 2023, Vol 6, Issue 12
Abstract
This research relating to insurance for operational machines at PT Semen Indonesia raises problems, namely: What is the object of implementing Machinery Breakdown Insurance in practice at PT. Semen Indonesia, and how to settle claims contained in insurance at PT. Indonesian Cement. The research results stated that, In this case the object insured by PT. Semen Indonesia to PT. Jasindo is all damage and/or that is sudden and unexpected and is not excluded in the policy or the machines insured. Compensation guarantee in Machinery Breakdown Insurance between PT. Semen Indonesia with PT. Jasindo if a loss occurs, what PT Jasindo will pay to PT Semen Indonesia is based on the damage.In the event of an insurance claim for machine damage, PT Semen Indonesia must immediately notify PT Jasindo about the loss/damage within 7 (seven) calendar days and must assist PT Jasindo in conducting a survey to calculate the compensation that will be given. PT Jasindo’s responsibility is to compensate for losses due to the asset’s condition becoming its original condition, without taking into account profit or loss. In this case, PT Jasindo is responsible within 3 x 24 hours and beyond that time PT Jasindo is no longer responsible. If there is a dispute regarding Machine Damage Insurance between PT Semen Indonesia and PT Jasindo in terms of claims, then PT Semen Indonesia and PT Jasindo agree to take legal action, namely through arbitration or through the local District Court.
Authors and Affiliations
Dwi Tatak Subagiyo, Ahmad Setiawan, Indah Herlina
Keywords
Related Articles
- EP ID EP724701
- DOI 10.47191/ijcsrr/V6-i12-13
- Views 16
- Downloads 0
Enhancing Fuel Ratio Efficiency for Sustainable Operations in Pit KX Mining: DMAIC Methodology
PT ABC is one of Indonesia’s largest coal mining businesses, and the mining. Pit KX is one of the company’s pits worked by contractors, and it has been mined since 2008. According to the company’s historical data from Ja...
Development of Sustainable Business Models through Internal Partnerships Efforts to Expand Consumer Reach
This research was carried out with the aim of developing a sustainable business model through partnerships in an effort to expand consumer reach in the Makassar Modem Warehouse business. This research is a type of develo...
Health Claims in Food Products: Buyers Attitude and Behaviour in Indonesia
This study explores the dynamics of health claims in food products and investigates the attitudes and behaviors of buyers in Indonesia. With a growing global trend towards healthier lifestyles, understanding consumer res...
Improving the Rehiring Process and Employee Retention at KC Coal Mining Company
In Indonesia, the rehiring of retirement and new contract employees is governed by various labor laws and regulations. The primary legislation that covers employment matters in Indonesia is the Labor Law (Law No. 13 of 2...
Analytical Hierarchy Process (AHP) Method for Marketing Agency Selection at PT Kirana Mitraabadi
E-Commerce growth in Indonesia sets the stage for PT Kirana Mitraabadi, underlined by statistics indicating a substantial increase in e-commerce users. PT Kirana has identified the need to embrace and make a shift from a...