7. double insurance
should any loss, damage, expenses or liability recoverable under the
policy be also covered by any other insurance, the company shall only be
liable to pay or contribute his proportion of the claim irrespective as to
whether the other insurance is arranged by the insured or others on his
behalf, or whether any indemnification is obtainable under such other
insurance.
8. subrogation
where a third party shall be held responsible for the loss or damage
covered under this policy, the insured shall, whether being indemnified by
the company or not, take all necessary measures to enforce or reserve the
right of recovery against such third party, and upon being indemnified by
the company, subrogate to the company all the right of recovery, transfer
all necessary documents to and assist the company in pursuing recovery
from the responsible party.
9. dispute
all disputes under this insurance arising between the insured and the
company shall be settled through friendly negotiations. where the two
parties fail to reach an agreement after negotiations, such dispute shall