Common use of INSURANCE CLAUSE Clause in Contracts

INSURANCE CLAUSE. 1. Party A shall be responsible for handling the liability insurance for the goods in the warehouse, and the insurance fee shall be borne by Party B. the charging standard is 0.5 yuan / m2, and the insurance fee shall be settled together with the storage fee. 2. After the occurrence of the insured event, Party A shall be responsible for handling the relevant claim procedures with the insurance company, and Party B shall actively cooperate with Party A in this process.

Appears in 2 contracts

Sources: Warehousing Service Contract (SHENGFENG DEVELOPMENT LTD), Warehousing Service Contract (SHENGFENG DEVELOPMENT LTD)