Page 205 - Liability Insurance IC74

Guide for Liability Insurance

whom it should be paid.

b) The insurer who is required to pay the relief, shall
deposit the award within thirty days of
announcement. If not deposited, the Act provides
that the amount can be recovered from the insurers
as arrears of land revenue or as of public demand.

c) The Rules provide that in awarding the relief the
Collector shall insure that the maximum liability of
the insurers under the policy does not exceed the
limits stipulated in the Act, viz Rs. 5 crores (a.o.a)
and Rs. 15 crores (a.o.y).

Any award in excess of these limits are met from
the Environment Relief Fund. If the award exceeds
even the insurance and relief fund together, the
excess has to be made good by the owner.

(b) State categories of claims under Workmen's
Compensation Policy - claims under Walkmans
compensation policies fall into the following
categories:

(i) Fatal claims - in addition to claim form, fatal injury
claims have to be substantiated by death certificate,

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