ALL RISK INSURANCE
 
Insurance that is covered with an all risk clause means that the insurer must bear all risks with the limitation of liability specified in Article 249 of the
Trade Code, where the insurer is only responsible for damage caused by hazards that come from outside and not due to defects in the object or the nature of the object itself.
 
→ Supreme Court Decision No.2239K/Pdt/1996.
 
Article 249 of the Commercial Code:
For damage or loss arising from a defect, decay, or which directly arises from the nature and type of the insured object itself, the insurer is never responsible
unless it is expressed that the insured has also been held for that.
 
Source:
Collection of Rules of Law of the Supreme Court of the Republic of Indonesia Year 1953-2008 Based on their Classification, by Hulman Panjaitan, S.H., M.H., Page
227.
 
Best regards
Fredrik J. Pinakunary