English to Russian Bus/Financial Insurance insurance

World-Wide Open Cover

The Insured: NNN company, NNN Turkey, NNN France, etc.


As Main- or General-Contractor
their sub-contractors and /or sub-suppliers to the extent that the value of their supplies and/or services is included in the sum insured for the insured works;
The principal, if required to be insured, all for their respective rights and interests.

Open Cover Period This Open Cover is valid from
July 1st 1999 until Dec 31st 2002
with tacit renewal for each 12 month thereafter
Both parties have the right to cancel this insurance cover provided written notice of cancellation is given by either party not less then 90 days prior to the expiry date mentioned above or, in case of tacit renewal, not less than 90 days prior to anniversary date.
Cancellation, however, will not effect the cover for projects declared prior to expiry of the Open Cover.

Insured Interests The supplies and/or services according to the work contracts concluded with the Principal(s) within the Insureds normal activities.