WORKMEN'S COMPENSATION INSURANCE
 
        Whereas the insured name in the Schedule hereto has made or paused to be made to ASIA INSURANCE (CAMBODIA) CO., LTD. (hereinafter called "the Company"), a written proposal dated as stated in the Schedule hereto (warranting the truth of the statements contained herein) which is the basis of this Contract and is deemed to be incorporated herein and has paid or agreed to pay to the Company the premium herein stated for the insurance of the risks hereinafter specified occurring during the period stated in the Schedule or during any further period for which the Company may accept payment for the renewal of this policy.

        Now this policy Witnesseth that if at any time during the Period of Insurance any employee in the Insured' s immediate service shall sustain personal injury by accident or disease arising out of and in the course of his employment by the Insured in the Business and if the Insured shall be liable to pay compensation for such injury under the Law(s) set out in the Schedule then subject to the terms exceptions and conditions contained herein or endorsed hereon the Company will indemnify the Insured against all sums for which the Insured be so liable and will in addition be responsible for all costs and expenses incurred with its consent in defending any claim for such compensation.

        PROVIDED ALWAYS that in the event of any change in the Law(s) or the substitution or other legislation therefore this policy shall remain in force but the liability or the Company shall be limited to such sum as the Company would have been liable to pay of the Law(s) had remained unaltered.
 
EXCEPTIONS
 
The Company shall not be liable under the Policy in respect of :
a)
any injury by accident or disease directly attributable to war invasion act of foreign enemy hostilities (whether war be declared or not) civil war mutiny insurrection rebellion revolution or military or usurped power.
b)
any disease that is not an occupational diseases as defined in the Cambodia Laws.
c) the Insured' s Liability to employees of contractors to the Insured.
d) any employee who is not a" workman" meaning of the Law(s).
e)
any sum which the Insured would have been entitled to recover from any party but for an agreement between the Insured and such party.
 
CONDITIONS
 
1.
This policy and the Schedule shall be read together as one contract and any word or expression to which a specific meaning has be attached in any part of this Policy or of the Schedule shall bear such specific meaning wherever it may appear.
2.
Every notice or communication to be given or made under this Policy shall be delivered in writing to the Company.
3.
The Insured shall take reasonable precautions to prevent accidents and disease and shall company with the statutory obligations.
4.
In the even of any occurrence which may give rise to a claim under this Policy the Insured as soon as possible give notice thereof to the Company with full particulars. Every letter claim writ summons and process shall be notified or forwarded to the Company immediately on receipt. Notice shall also be given to the Company immediately the Insured shall have knowledge of any impending prosecution inquest or fatal enquiry in connection with any such occurrence as aforesaid.
5.
No admission offer promise or payment shall be made by or on behalf of the Insured without the consent of the Company which shall be entitled if it so desires to take over and conduct in his name the defence or settlement of any claims or to prosecute in his name for its own benefit any claims for indemnity or damages or otherwise and shall have full discretion in the conduct of any proceedings and in settlement of any claim and the Insured shall give all such information and assistance as the Company may require.
6.
The first premium and all renewal premium that accepted are to be regulated by the amount of wages and salaries and other earning paid by the Insured to the employees during each period of Insurance. The name of every employee together with the amount of wages salary and other earnings shall be properly recorded by the Insured shall at all time allow the Company to inspect such records and shall supply the Company with a correct account of all the such wage salaries and other earnings paid during any period of insured with in one month from the expiry date of such period of Insurance. If the amount so paid shall differ from the amount on which premium has been paid the difference in premium shall met by a further proportionate payment to the Company or by a refund by the Company as the case may be.
7.
The Company may cancel this policy by sending seven days notice by registered letter to the Insured at his last known address and in such event the premium shall be adjusted in accordance with condition 6.
8.
All difference arising out of this policy shall be referred to the decision of Arbitrator to be appointed in writing by the parties in deference or if they cannot agree upon a single Arbitrator to the decision of two Arbitrators one to be appointed in writing by each of the parties within one calendar month after having been required in writing so to do by either of the parties or in case the Arbitrators do not agree of an Umpire appointed in writing by the Arbitrators before entering upon the reference. The Umpire shall sit with the Arbitrators and preside at their meeting and the making of an Award shall be a condition precedent to a right of action against the Company. If the Company shall disclaim liability to the Insured for any claim hereunder and such claim shall not within twelve calendar months from the date of such disclaim have been referred to arbitration under the provisions herein contained then the claim shall for all purposes be deemed to have been abandoned and shall not thereafter be recoverable hereunder.
9.
The due observance and fulfillment of the terms conditions and endorsements of the policy so far as they relate to anything to be done or not to be done by the Insured and the truth of the statements and answers in the proposal shall be conditions precedent to any liability of the Company to any payment under this policy.
 
 
IMPORTANT NOTICE
 
 
The Policy Wording displayed above is meant for reference only, and should under no circumstances be used without the express written consent of Asia Insurance (Cambodia) Plc.
   
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