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DECLARATION AND UNDERTAKING |
I hereby declare
that the information given overleaf is true and complete and that
I have not wilfully withheld any material fact. I authorise you
to obtain any information you may require relating to this Proposal,
from any of the sources stated overleaf. I agree that if any situation
arises before this Proposal is finalised which changes any of
the representation made by me in this Proposal, I will promptly
notify you accordingly.
This Proposal and any Guarantee issued pursuant
to this Proposal shall be subject to this Counter Indemnity and
the terms and conditions to which I agree.
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TERMS AND CONDITIONS OF COUNTER INDEMNITY FOR LETTER
OF GUARANTEE APPLIED FOR ABOVE
In consideration of AXA Insurance Pte Ltd
of 8 Shenton Way, #24-01 AXA Tower Singapore 068811 (the
Company) agreeing at my request to issue a Letter of Guarantee
in favour of the Ministry of Manpower (MOM) for the sum of $5000
(hereinafter called the MOM's Guarantee)
guaranteeing the satisfactory performance and observation of the
conditions imposed on me by the MOM in the Security Bond
executed by me in favour of the MOM and/or to issue a Letter
of Guarantee in favour of the Labour Attache (the Labatt), Embassy
of the Philippines for the sum of $2,000.00 or $7,000.00(hereinafter called
the Labatt Guarantee) (both collectively known as the Guarantees)
guaranteeing the satisfactory performance and observance of the
conditions imposed on me by the Labatt in the Embassy of the Philippines'
Standard Employment Contract for Filipino workers in Singapore
executed by me in favour of the Labatt, I hereby agree as follows
:
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I hereby irrevocably and unconditionally
undertake for myself/my heirs executors administrators assigns
and successors, as a continuing obligation, to indemnify the
Company on demand in full against all claims payments demands
actions suits proceedings losses liabilities costs interests
and expenses whatsoever which may be taken or made against
it or incurred or become payable by it under or in respect
of either or both the Guarantees including, without limitation,
any legal and other costs on an indemnity basis, charge interest
or expense incurred by the Company in connection with either
or both the Guarantees of this counter Indemnity. I agree
that the Company may in its absolute discretion compromise
all claims payments demands actions suits proceedings losses
liabilities which may be taken or made against it under either
or both the Guarantees. I also agree to accept all receipts
vouchers and other evidence of all payments made by the Company or
of all liabilities or obligations incurred by it by reason
of either or both the Guarantees as conclusive evidence against
me and my estate of the fact and extent of my liability herein
to the Company.
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I further agree that you will be entitled
to impose an interest charge of 9% per annum on any sum of
money paid out by you on my behalf in connection with the
above Bond whether to the MOM or otherwise
and that such interest will be payable on any sum(s) of money
paid by you on my behalf in the event that I do not settle
the said outstanding payment(s) made on my behalf withing
7 days from the date I am given notice by you of the same.
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My liability hereunder is irrevocable and
shall remain in full force or effect until the company's liability
under either or both the Guarantees is discharged.
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Yes, I have read and agreed to the Counter Indemnity. In addition, by submitting
this Application, I
» authorise Anda Insurance to process this
application in accordance with the terms stipulated above.
» verify that the contents provided above are
accurate.
» authorise Anda Insurance to process my payments.
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PERSONAL DATA |
I confirm that the information I have provided is my personal data and, where it is not my personal data, that I have the consent of the owner of such personal data
and to provide such information. By providing this information, I understand and give my consent for AXA Insurance Pte Ltd
and their respective representatives or agents to:
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Collect, use, store, transfer and/or disclose the information, to or with all such persons(including any member of the AXA Group or any third party
service provider, and whether within or outside of Singapore) for the purpose of enabling AXA to provide me with services required of an insurance provider.
including the evaluating, processing, administering and/or managing of my or our relationship and policy(ies) with AXA, and for the purposes set out in AXA's Data Use
Statement which can be found at http://www.axa.com.sg("Purposes").
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Collect, use, store, transfer and/or disclose personal data about me or us and those whose personal data I or We have provided from sources other than myself or us for the Purposes.
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By telephone By fax By textmessage |
Thank you for your application. As our office is now closed, your application will be processed the next working day.
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