Insurance Productivity Sample Clauses

Insurance Productivity. One of the compelling imperatives for Nigeria’s economic development and growth is a strong and competitive insurance industry. However, to adequately stimulate the economic growth of Nigeria, insurance, according to Xxxxxxxx (2006), cited in Elendu (2013) functions in the following ways;
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Related to Insurance Productivity

  • Product Coverage This Agreement shall apply to all manufactured products, including capital goods, processed agricultural products, and those products failing outside the definition of agricultural products as set out in this Agreement. Agricultural products shall be excluded from the CEPT Scheme.

  • Boiler and Machinery Insurance The Owner shall have the option of purchasing and maintaining boiler and machinery insurance required by the Contract Documents or by law, which shall specifically cover such insured objects during installation and until final acceptance by the Owner. If purchased this insurance shall include interests of the Owner, Contractor, Subcontractors and Sub-subcontrators in the Work.

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