Attachment 3- KAFCO Insurance Coverage Requirement.pdf
PDF 491 KB Posted
- Attached to
- KUWAIT TRUCK TRANSPORTATION SERVICE PROGRAM
- Solicitation number
- SPE602-26-Q-0702
- Issued by
-
Defense Logistics Agency Energy
About this file
This document is an attachment detailing KAFCO (Kuwait Aviation Fuelling Company) insurance coverage requirements for contractors engaged under a fuel service contract.
Contractors must obtain five types of insurance coverage: (1) Comprehensive Motor Insurance covering all vehicles and tankers used in contract operations; (2) Third-Party Liability Insurance with a minimum limit of USD 1,000,000 per occurrence for unlimited occurrences, covering bodily injury, death, and property damage from transportation, loading, unloading, and related activities; (3) Property Damage Insurance with a minimum limit of KWD 1,000,000 per occurrence for damage to KAFCO's existing and surrounding property; (4) Workmen's Compensation Insurance covering all employees, drivers, and workers in accordance with Kuwait Labor Law; and (5) Employer's Liability Insurance with a minimum limit of USD 100,000 per occurrence for unlimited occurrences. All policies must be effective from the contract award date and remain valid throughout the contract period. Policies must include specific endorsements: Waiver of Subrogation in favor of KAFCO, Cross Liability Clause, and designation of KAFCO as Principal/Additional Insured. Insurance must be obtained from one of seven approved Kuwaiti insurance companies: Al Ahleia Insurance Company, Gulf Insurance Group (GIG), Kuwait Insurance Company, Warba Insurance Company, Bahrain Kuwait Insurance Company (BKIC), Wethaq Takaful Insurance Company, or First Takaful Insurance Company.
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Text version
ATTACHMENT 3
KAFCO INSURANCE COVERAGE REQUIREMENTS
Insurance coverage requirements for all third-party vehicles, tankers, operators, and personnel engaged under this contract shall be as follows:
1. Motor Insurance Comprehensive Motor Insurance Policy (including Third Party Liability) covering all vehicles and tankers used under the contract.
2. Third-Party Liability Insurance Third-Party Liability Insurance with a minimum limit of USD 1,000,000 per occurrence — unlimited number of occurrences — covering bodily injury, death, and property damage arising out of the Contractor’s operations, including transportation, loading, unloading, and related activities, whether within or outside KAFCO premises.
3. Property Damage Insurance Insurance to cover damage to KAFCO’s existing and surrounding property with a minimum limit of KWD 1,000,000 any one occurrence.
4. Workmen’s Compensation Insurance Workmen’s Compensation Insurance Policy covering all employees, drivers, and workers engaged in the Contractor’s operations in accordance with Kuwait Labor Law, including during transportation, loading, unloading, and all work-related activities.
5. Employer’s Liability Insurance Employer’s Liability Insurance with a minimum limit of USD 100,000 per occurrence — unlimited number of occurrences.
POLICY ENDORSEMENTS & CONDITIONS
All policies shall be effective from the date of contract award and remain valid throughout the contract period.
Policies shall be endorsed with Waiver of Subrogation in favor of KAFCO and/or its representatives.
Policies shall be endorsed with Cross Liability Clause.
Kuwait Aviation Fuelling Company (KAFCO) shall be included as Principal / Additional
Insured.
Policies shall cover all operations under the contract.
APPROVED KUWAITI INSURANCE COMPANIES
1. Al Ahleia Insurance Company
2. Gulf Insurance Group (GIG)
3. Kuwait Insurance Company
4. Warba Insurance Company
5. Bahrain Kuwait Insurance Company (BKIC)
6. Wethaq Takaful Insurance Company
7. First Takaful Insurance Company
File details come from the government source that posted it. Updated .