Advanet Inc.
HOME What is EdMS Product info Corporate info Contact us japanese
Corporate info
what isEdMS
Overview
Corporate History
Product development
iso9001Certification
iso27001
safety Measures
Lead-free Environment
Contact us

The business day of Advanet

EUROTECH group
Became a member of Eurotech Group,S.p.A based at Italy
Achievements in product development --- about ADVANET
Product Liability Law
Comprehensive General Liability Insurance (In Japanese, CGL insurance)


-Comprehensive General Liability Insurance Covering All Risks of Damages-Under comprehensive general liability insurance, which covers liability pertaining to facility management, contracting, produced products and so forth, insurance shall be paid in the event that a third party or their property is injured or damaged due to an unexpected accident for which the Company is legally liable for damages.

Payment for a single accident (physical injury or damage to property ): ¥2,000,000,000

(1) Facility manager liability Insurance shall be paid in the event that the Company is legally liable due to accidents resulting in injury or death or accidents resulting in damage to property that occur due to structural defects in facilities owned, used or managed by the Company or any inadequacies or negligence and so forth in the management of said facilities.
(2) Contract liability Insurance shall be paid in the event that the Company is legally liable due to accidents resulting in injury or death or accidents resulting in damage to property that occur due to unexpected accidents during the execution of work contracted by the Company (installation of machinery and equipment and so forth).
(3) Products and completed operation liability Insurance shall be paid in the event that the Company is legally liable due to accidents resulting in injury or death or accidents resulting in damage to property that occur as a result of defects in products sold by the Company or work contracted by the Company.*The governing law is not specifically limited, so we have applied the Product Liability Law?In addition to the Product Liability Law, this also corresponds to Article 709 of the Civil Code (liability for unlawful acts), Article 415 of the Civil Code (liability for failure to execute obligations) and so forth..


Overseas Product Liability Insurance


Insurance shall be paid for damage due to defects in products sold by the Company overseas that lead to accidents resulting in injury or death or accidents resulting in damage to property.

Payment limit for a single accident (physical injury or damage to property): $6,000,000
Note that this is $2,000,000 for North America


Movable Comprehensive Insurance


In the event that a product sold by the Company should be damaged due to an unexpected accident, insurance shall be paid for said damage. (This excludes natural wear and tear and so forth.) However, this is limited to a period of three (3) years from the sale of said product.

Payment limit for a single accident: Full amount of the sales price

PAGE TOP
 
Advanet Inc.