Page 67 - Liability Insurance IC74

Guide for Liability Insurance

crackers/explosives/paints/kerosene/lubricants/
spirits etc are likely to be stored.(b) if yes, the
maximum quantity and value of each item stored
and the percentage value of such hazardous items
to total stock.(c) municipal and other regulations for
such storage are complied with.

(iii) in case of warehouse is or godowns the area
occupied in cubic metres.

(iv) details of measures for prevention/controller fire or
explosion risks.

(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.

Q8. Write short notes on any three:

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