Page 148 - Liability Insurance IC74

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awarded for : (i) the ongoing net loss of earnings
(prospective loss of income). (ii) the ongoing medical,
nursing or other expenses likely to be incurred in the
future as a result of the injury suffered. (iii) the loss of
opportunity job market and (iv) loss of matrimonial
prospects.

The value of future losses is suitably at adjusted by the
Court suitably upwards or downwards, to reflect (i)
immediate receipt of money with potential for earning
investment income.(ii) other benefits received by the
legal heirs through succession to property is all monies
of the deceased.(iii) the changing circumstances of life,
for e.g, widow remarriage and (iv) inflation.

Special damages: these comprise (a) actual loss of
earnings, suffered as a result of injury. (b) medical,
nursing and other expenses necessarily incurred as a
result of the injury and (c) funeral expenses.
The above expenses are computed up to the date of
settlement of judgement.

Q6. Describe exclusions under Doctor's Indemnity
Policy.

Ans. Repeat of Q7 of Nov 2008
Special exclusions under the policy - the special

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