Page 41 - Insurance Times January 2018 Sample
P. 41
What are the types of policy/coverage Get Latest News / Updates on Insurance Sector
available in Indian market? THE INSURANCE TIMES
Marine insurance policies can be altered according to the Widely Read Monthly Magazine on Insurance in India
requirements of the insured but these are the basic kinds of
policies available in the Indian market: Covers Schemes 840
Y Specific Marine Policy for Short Duration of Transit Life Insurance 1 Year 2100
3 Year
Non Life Insurance
Import/Export
Risk Management / Safety 5 Year 3000
Y Open Policy for Import/Export Consumers
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Subscribe Now !!
Subscribe Now !!
Subscribe Now !!
Y Inland Transit open Policy or Special Declaration Policy Subscribe Now !!
or Special Storage Risk or Annual Policy
Y Specific Policy for Inland Transit ORDER FORM
Y Open Cover with General Terms & Conditions (T&C) of
New Rental Subscription No.
Coverage (Please tick)
Y Sailing Vessels Name of Executive :
Y Duty/Increased Value Insurance Designation:
Y Tea/Crop Insurance Company's Name :
Y Sellers Contingency Insurance Address :
Y Insurance of Containers Pincode :
What are the types of marine losses/ Phone : Mobile :
damages coverage available in Indian Fax : E.Mail :
markets? Publication Order :
While deciding the policy, one should look for the different *Scheme Opted : No.of Copies
(Please mention the scheme name example : IT-1, LIT-1 or Combo 4-1)
kinds of coverage available and choose as per their goods
(some goods are more perishable as compared to others). Period of Subscription : From to
Following are the types of coverage available in the Indian Details of payment : Cash/M.O./D.D./Cheque* No
markets:
Y Partial Damage Claims
Dt drawn Rs.
Y Constructive Total Loss
Ordinary Registered Post (Please tick)
Y Actual Total Loss *For outstation cheque please add Rs.50/- towards bank charges.
Y Other Liabilities such as both to Blame Liabilities, Outstation cheques accepted in metro cities only. No Charges ap-
Collision Liabilities, General Average, Salvage Charges, plicable for payable at per cheques.
Other Expenses, Passengers Liability Etc. Do not make any Cash Payment
for Subcription of Journals Signature of Subcriber
Marine insurance plays a vital role in domestic trade as well
as in international trade. Goods may be totally lost by the Please tear and send it along with your letter
operation of the marine hazards, the resulting loses can be
immense, restoring operations can take weeks and even Mode of Payment
months, which leaves the companies without their cargo and 1. Payable at per Cheque/Demand Draft favouring Sashi Pulbications
no sales activity. In the case of piracy, ships and cargos are Private Limited, Payable at Kolkata
2. You can directly ECS/Deposit cash in our bank account number
held for months on end before any ransom negotiations even
below in your city and send us copy of Pay in slip by email/fax.
start to begin. This leaves the businesses massively exposed A/C Name : Sashi Publications Private Limited
to the loss if they are not insured properly. A/C No. : 402120110000327
Bank : Bank of India
It is imperative that the cargo owners should insure Branch : V V K Road Branch., Kolkata, India
whatever is accurate for their goods, as marine insurance IFSC Code : BKID0004021
not only protects them from a severe loss but could also Make Online Payment by Credit Card/Debit Card or your net banking
protect their businesses from getting its doors closed. T account at our website www.sashipublications.com
The Insurance Times, January 2018 41
Sashi Publications Pvt Ltd Call 8443808873/ 8232083010
