{"id":8664,"date":"2025-10-22T08:04:29","date_gmt":"2025-10-22T01:04:29","guid":{"rendered":"https:\/\/ligaasuransi.com\/?p=8664"},"modified":"2025-10-22T08:12:25","modified_gmt":"2025-10-22T01:12:25","slug":"kewajiban-asuransi-cpm-untuk-perusahaan-konstruksi-asing-di-indonesia","status":"publish","type":"post","link":"https:\/\/ligaasuransi.com\/en\/kewajiban-asuransi-cpm-untuk-perusahaan-konstruksi-asing-di-indonesia\/","title":{"rendered":"CPM Insurance Obligations for Foreign Construction Companies in Indonesia"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The following article will make us more aware of this. The importance and legal obligation for foreign construction companies operating in Indonesia to have local CPM (Contractors Plant &amp; Machinery) heavy equipment insurance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Key Points:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Local Insurance Obligation: Foreign construction companies are required to have local insurance for all their assets and project activities in Indonesia, in accordance with OJK regulations and government\/BUMN project contract requirements (such as IKN projects, smelters, toll roads). Global policies from the country of origin (China, Korea, Japan, etc.) are not automatically valid in Indonesia.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Risk Without Local Policy: Without local CPM insurance, project assets (cranes, excavators, etc.) worth billions of rupiah could lose total protection in the event of damage (accident, rollover, fire, loss). Claims to overseas insurance companies will most likely be rejected because the location of the incident is outside the policy area.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">CPM Insurance Function: CPM is vital for protecting high-value assets, maintaining project continuity (ensuring equipment is repaired\/replaced immediately), increasing project owner confidence, and meeting tender\/audit requirements.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Common Mistakes of Foreign Contractors:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Assuming that foreign police are enough.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Not knowing local tender requirements (e.g., state-owned enterprise projects).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Error in determining the insured value (not adjusted to local prices).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Difficulty claiming due to lack of companionship.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Crucial Role of an Insurance Broker (L&amp;G Insurance Broker):<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">On the Client&#8217;s Side: Unlike agents or direct insurance companies who work for the company, brokers work for the client (insured).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Professional Advisor: Ensure regulatory compliance, find and negotiate the best policies with efficient premiums.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Claims Assistance: Must defend the client&#8217;s interests from the beginning until the claim is fully disbursed.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">L&amp;G Insurance Broker: Highlighted as an OJK-licensed independent broker specializing in CPM construction and heavy equipment insurance, offering free consultations, professional risk analysis, 100% claim support, and connections with numerous local and international insurance companies.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Conclusion: Working with an experienced broker like L&amp;G Insurance Broker is a smart and safe move to ensure regulatory compliance, maximum protection, and full assistance during claims.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Contact L&amp;G Insurance Broker:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Phone: 08118507773<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Email: halo@lngrisk.co.id<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Website: <\/span><a href=\"http:\/\/www.lngrisk.co.id\"><span style=\"font-weight: 400;\">www.lngrisk.co.id<\/span><\/a><\/li>\n<\/ul>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The entry of foreign construction companies into Indonesia is increasing in line with the rapid development of national infrastructure, particularly strategic projects such as the Indonesian Capital City (IKN), smelters, ports, toll roads, and power plants. Many of these foreign contractors bring their own heavy equipment from their home countries: cranes, excavators, bulldozers, and batching plants worth billions of rupiah.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, there&#8217;s a crucial aspect that&#8217;s often overlooked: the obligation to have Contractors Plant &amp; Machinery (CPM) heavy equipment insurance from a local Indonesian insurance company. Without a local policy, your project assets could be at risk of losing coverage, even failing to meet contractual requirements.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this context, insurance brokers such as<\/span><a href=\"https:\/\/lngrisk.co.id\/\"> <span style=\"font-weight: 400;\">L&amp;G Insurance Broker<\/span><\/a><span style=\"font-weight: 400;\"> play a crucial role. Brokers aren&#8217;t just policy sellers, but professional advisors who ensure regulatory compliance, protect your assets, and fight for your claims until they&#8217;re paid. Unlike agents or direct insurance companies, which focus solely on sales, brokers always side with their clients.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udcdeFor a free consultation regarding your project protection, contact L&amp;G Insurance Broker at<\/span><a href=\"http:\/\/wa.me\/628118507773\"> <span style=\"font-weight: 400;\">08118507773<\/span><\/a><span style=\"font-weight: 400;\"> or email halo@lngrisk.co.id.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Don&#8217;t delay because one small mistake in purchasing a policy could result in losses of billions of rupiah.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Why Foreign Companies Must Have Local CPM Insurance<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Every foreign construction company operating in Indonesia is legally required to have local insurance for all its assets and project activities. This requirement is stipulated in various regulations, such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">OJK (Financial Services Authority) provisions that require the use of licensed local insurance companies,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Government and state-owned enterprise project contract clauses,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tender requirements for large public and private projects.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This means that even if your company already has global insurance in its home country (for example, China, Korea, or Japan), the policy is not automatically valid in Indonesia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A Chinese crane worth Rp 15 billion was damaged after it overturned at a mining project in Kalimantan. The claim to the Chinese insurance company was rejected because the incident occurred outside the insurance coverage area. Without a local policy, the damage would have been borne solely by the company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With local CPM heavy equipment insurance, all risks such as damage, accidents, fire, or loss during operations in Indonesia will be covered by a legitimate local insurance company.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">CPM: The Most Vital Insurance in the Construction World<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">For construction companies, heavy equipment is the heart of project operations. Without optimally functioning equipment, work can be delayed, costs can balloon, and even the project can fail completely.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CPM (Contractors Plant &amp; Machinery) insurance serves as the primary protection against these risks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some of the benefits include:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Protecting High Value Assets<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Excavators, cranes, bulldozers, and batching plants are often worth billions of rupiah. CPM protects against losses due to accidents, rollovers, fire, or theft.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Maintaining Project Sustainability<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Without CPM, a single piece of heavy equipment failure could halt the entire project. A CPM policy ensures that equipment can be promptly repaired or replaced without significant financial burden.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Increasing Project Owner Confidence<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">By having a valid and complete CPM policy, your company is considered professional and compliant with Indonesian regulations.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Supporting Tender &amp; Audit Process<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Many large projects, especially government-funded ones, only accept contractors who have active local insurance and are approved by a trusted broker.<\/span><\/li>\n<\/ol>\n<h3><span style=\"font-weight: 400;\">Problems Often Faced by Foreign Companies in Indonesia<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Here are some common mistakes that foreign contractors often make when operating in Indonesia:<\/span><\/p>\n<ol>\n<li><span style=\"font-weight: 400;\"> Assuming Foreign Police Are Enough<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Many foreign companies assume their global insurance policies cover all overseas projects. However, most policies are only valid in their home country, unless there&#8217;s a &#8220;worldwide coverage&#8221; clause specifically authorized in Indonesia, which is rarely approved by local authorities.<\/span><\/p>\n<ol start=\"2\">\n<li><span style=\"font-weight: 400;\"> Not Knowing Local Tender Requirements<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">State-owned enterprise projects such as PT WIKA, PT PP, or Hutama Karya often require policies from local insurance companies supervised by the Financial Services Authority (OJK). Without these policies, contractors can be disqualified from the tender.<\/span><\/p>\n<ol start=\"3\">\n<li><span style=\"font-weight: 400;\"> Errors in Determining the Insured Value<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Many foreign contractors value heavy equipment based on prices in their home countries without adjusting for the rupiah exchange rate and local market prices. As a result, when claims are made, they receive only partial payment.<\/span><\/p>\n<ol start=\"4\">\n<li><span style=\"font-weight: 400;\"> Difficulty in Claiming Due to Lack of Companion<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">When a large claim occurs, the agent or insurance company has no obligation to directly advocate for the client&#8217;s interests. As a result, claims can stall or be paid only a small portion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Different brokers are legally obliged to defend the interests of the insured until the claim is paid.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Differences Between Insurance Brokers vs Agents and Direct Insurance Companies<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">This is the most important part that many foreign companies often misunderstand. An insurance broker is not the same as an agent.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Agents work for insurance companies. Their job is to sell policies and achieve sales targets. Therefore, when a claim arises, they are actually on the side of the insurance company, not you, the insured.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In contrast, insurance brokers work for their clients (the insured). Brokers don&#8217;t sell specific products, but rather find and negotiate the best policies from various insurance companies. Their job is to ensure you receive the most appropriate coverage at the most efficient premium.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">More importantly, when a claim arises, a broker will be your advocate from start to finish. They&#8217;ll help you prepare documents, negotiate with the insurance company, and ensure your claim is paid in full, as per your rights.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So in short:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Agents defend the interests of insurance companies.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Brokers defend your interests as a client.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">That&#8217;s why for large-value projects, especially for foreign contractors in Indonesia, using a broker is much safer, more transparent, and more efficient.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">L&amp;G Insurance Broker: Pioneering Foreign Project Broker in Indonesia<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">As an independent and OJK-licensed insurance broker, L&amp;G Insurance Broker has a long track record in handling large-scale construction projects, including those involving foreign companies from China, Korea, and Japan.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">L&amp;G is not just a policy provider but a strategic partner that helps you understand:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">How do Indonesian regulations apply to foreign heavy equipment?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">What types of insurance are mandatory (CPM, CAR, EAR, Liability, Bond),<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">How to prepare claim documents for smooth payments.<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Why Choose L&amp;G Insurance Broker<\/span><\/h3>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Expert in Construction &amp; Heavy Equipment Insurance CPM<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">The L&amp;G team is accustomed to handling multinational projects with high complexity.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Free Consultation &amp; Professional Risk Analysis<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">You will be assisted in analyzing protection needs based on the type of project, location, and heavy equipment used.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">100% Claim Assistance Until Disbursement<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Brokers are required to defend you in the claims process, from reporting, negotiation, to payment.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Connected with Many Local &amp; International Insurance Companies<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">L&amp;G ensures you get the best combination of premium price and quality of protection.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transparent and Independent<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">We are not tied to any particular insurance company, working solely for your benefit.<\/span><\/li>\n<\/ol>\n<h3><span style=\"font-weight: 400;\">CPM Insurance Obligations in Major Projects in Indonesia<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Nearly all major construction projects in Indonesia, both private and government, require a CPM policy. Here are some examples:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">IKN (Indonesian Capital City) Project<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">All contractors are required to have a CPM for each heavy equipment unit operating in the IKN area.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Smelter and Mining Projects<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Heavy equipment in this sector is at high risk of damage, fire, and overturning. CPM is a key requirement.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">State-Owned Enterprise Infrastructure Projects (Toll Roads, Ports, Bridges)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">These projects always require proof of CPM insurance as part of the contract documents.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Joint Operation between Local and Foreign Contractors<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">In this kind of cooperation, local CPM is a mandatory requirement so that risk responsibilities can be clearly shared.<\/span><\/li>\n<\/ol>\n<h3><span style=\"font-weight: 400;\">Example Scenario: Without CPM, the Risk of Loss Could Be Fatal<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Imagine you are a Korean contractor bringing 10 excavators worth a total of Rp50 billion for a mining project in Kalimantan.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One night, one of the devices caught fire due to a short circuit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You think, \u201cDon&#8217;t worry, we already have insurance in Seoul.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But the reality is:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The policy does not cover operations in Indonesia,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">There is no local party that can follow up on the claim,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Surveyor not available,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Claim totally rejected.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A loss of Rp. 5 billion immediately hit your company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If a local broker like L&amp;G Insurance Broker had been used from the start, a local CPM policy could have been prepared complete with international reinsurance support, and claims would have been paid according to the insured amount. One small decision could have saved a company&#8217;s reputation and finances.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">How to Purchase Insurance Through a Broker<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Working with an insurance broker is much more efficient and secure. Here&#8217;s the process:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Free Consultation &amp; Risk Analysis<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">The L&amp;G team will study the project profile, location, and type of heavy equipment used.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Market Comparison<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">The broker will request quotes from several insurance companies and choose the best one.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Issuance of a Valid Local Policy<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Policies are issued by insurance companies registered with the OJK, complete with special clauses according to project needs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Claim Assistance<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">In the event of an accident, L&amp;G will assist with the entire claims process from A\u2013Z to payment completion.<\/span><\/li>\n<\/ol>\n<h3><span style=\"font-weight: 400;\">Conclusion<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">For foreign construction companies, the success of projects in Indonesia depends not only on technical capability or capital, but also on proper and legally valid insurance coverage. Without local CPM heavy equipment insurance, any equipment brought into Indonesia is at significant risk of causing unclaimed losses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, working with an experienced insurance broker like L&amp;G Insurance Broker is the smartest move.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">The broker ensures:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Compliance with Indonesian regulations,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The best premiums from various insurance companies,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Full assistance during claims,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">And maximum protection for your assets.<\/span><\/li>\n<\/ul>\n<hr \/>\n<p><span style=\"font-weight: 400;\">Don&#8217;t wait until your heavy equipment breaks down before seeking protection.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Get a free consultation with L&amp;G Insurance Broker, a specialist in CPM heavy equipment insurance and foreign construction projects in Indonesia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udcde Contact now at<\/span><a href=\"http:\/\/wa.me\/628118507773\"> <span style=\"font-weight: 400;\">08118507773<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><span style=\"font-weight: 400;\">\ud83d\udce7 Email: halo@lngrisk.co.id<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\ud83c\udf10 Website:<\/span><a href=\"http:\/\/www.lngrisk.co.id\/\"><span style=\"font-weight: 400;\"> www.lngrisk.co.id<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Because in the construction world, risks are certain but losses can be avoided if you have a broker on your side.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>The following article will make us more aware of this. The importance and legal obligation for foreign construction companies operating in Indonesia to have local CPM (Contractors Plant &amp; Machinery) heavy equipment insurance. Key Points: Local Insurance Obligation: Foreign construction companies are required to have local insurance for all their assets and project activities in [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":8665,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[105,1346],"class_list":{"0":"post-8664","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-asuransi-alat-berat","8":"tag-asuransi-alat-berat","9":"tag-asuransi-cpm"},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/8664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/comments?post=8664"}],"version-history":[{"count":2,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/8664\/revisions"}],"predecessor-version":[{"id":8667,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/8664\/revisions\/8667"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/media\/8665"}],"wp:attachment":[{"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/media?parent=8664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/categories?post=8664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/tags?post=8664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}