Page 245 - Liability Insurance IC74

Guide for Liability Insurance

(v) whether (a)there is any possibility leakage of
chemicals resulting in injury or damage to third party.(b)
if yes, details of chemicals, quantity stored and
preventive measures taken to avoid such occurrence.

(vi) whether pollution risk is to be covered.

(vi) estimated annual turnover including total sales/hire
charges/rent earned etc including all taxes and levies.

Informations required by under-writers in case of cinema
halls are as follows:
(i) The maximum seating capacity.
(ii) The other facilities provided and whether they are

operated and controlled by the Insured.
(iii) Whether cover required against risks associated

with food and beverage served in the establishment.
(iv) The estimated annual turnover including Gatemoney,

Donor Cards and Income arising from other facilities
like taxes, duties, levies, surcharges etc.

Q8. The need for CGL policy is growing. Explain the
same with coverages and exclusions.

Ans. The CGL policy is a recent entrant in the Indian
insurance scenario. The globalisation of the Indian
business environment, collaborations, franchisee- entities

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