Construction Phase Insurance
| Document Owner | PT Sapta Borneo Utama |
|---|---|
| Approved By | President Director |
| Classification | Controlled Document – Confidential |
| Custodian | Corporate Secretary & Data Room Administrator |
| Retention Period | Minimum 10 Years |
| Distribution | Authorized Parties Only |
| Effective Date | 13 June 2026 |
| Review Date | 13 June 2027 |
| Policy | Purpose |
| CAR | Construction All Risks |
| EAR | Erection All Risks |
| DSU | Delay in Start-Up |
| Third Party Liability | Public liability coverage |
| Document Status | Approved & Active |
| Supersedes | None |
| Publication Status | Institutional Data Room Release |
Operational Phase Insurance
| Policy | Purpose |
|---|---|
| Property Damage | Plant asset protection |
| Business Interruption | Revenue protection |
| General Liability | Third-party claims |
| Directors & Officers | Management protection |
| Environmental Liability | Environmental risk coverage |
Lender Requirements
- Lenders named as Loss Payee
- Insurance proceeds assignment
- Annual coverage review
- Independent insurance advisor review
- Compliance with financing documents
Document Information
| Controlled Copy | Electronic Controlled Copy |
|---|---|
| Custodian | Corporate Secretary & Data Room Administrator |
| Retention Period | Minimum 10 Years |
| Distribution | Authorized Parties Only |
| Document Owner | PT Sapta Borneo Utama |
| Project | USD 1 Billion Integrated Sugar Factory Project |
| Location | Majalengka, West Java, Indonesia |
| Classification | Confidential |
| Status | Final / Published |
| Prepared For | Lenders, ECAs, Institutional Investors and Strategic Partners |
| Date | June 2026 |
Revision History
| Version | Date | Document No. | Status | Description |
|---|---|---|---|---|
| 1.0 | June 2026 | SBU-FIN-006 | Final / Published | Insurance Program Summary issued for institutional lender data room publication. |
Document Approval Matrix
| Role | Name | Status |
|---|---|---|
| Document Owner | Project Finance Division | Approved |
| Compliance Review | Corporate Secretariat | Approved |
| Executive Approval | Board of Directors | Approved |