Page 66 - Liability Insurance IC74
P. 66
The Insurance Times
respect of items so deposited in the special security
arrangements for the rooms.
(viii) whether cover is required against risks
associated with food and beverages served by the
establishment.
(ix) the estimated annual turnover/revenue/receipts. This
must include all revenue earned through occupancy
in the hotel, sale of food and beverages including
liquor, conferences, marriage parties, outside
catering, rental receipt from shopping arcades,
revenue earned from guests for using hotel facilities
and sale across the counter and other miscellaneous
incomes including all levies, taxes and surcharges .
(x) whether extension of cover is required for good in
care/custody/control of the insured. Extension is
limited to 10% of the overall limit of indemnity.
(xi) the voluntary excess, which is applicable per
accident to each and every claim.
(b) Warehouses/Godowns - (i) the types of items likely
to be stored or sold in each of the premises.
(ii) whether(a) hazardous items like chemicals/
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