Page 38 - Liability Insurance IC74

P. 38

The Insurance Times

Relief Fund established under the Act. The contributions
received by the insured is remitted as per the scheme
made by the government.

Any award for relief which exceeds the amount payable
under insurance policy is made from the relief funds
and in case the award exceeds the total amount of
insurance and really fun the amount which falls short of
such payable shall be made by the owner.

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