Page 86 - Liability Insurance IC74
P. 86
The Insurance Times
(xii)Liability for damage to property owned by the insured
or hired by him or in his custody. These can be
covered under material damage property. However,
there are three exceptions where the liabilities
covered: (a) damage to property temporarily
occupied or worked upon by the insured excluding
defective workmanship. (b) damage employees' or
visitors' personal effects. (c) Premises tenanted by
the insured.
(xiii) This exclusion reiterates as in indemnity clause,
that the coverage applies only in respect of accidents
which occur during the period of insurance which
commences on the retroactive dated stated in the
Schedule.
(xiv) Liability for a claim arising out of deliberate,
conscious or intentional disregard of the insured's
technical or administrative management of the need
to take all reasonable steps to prevent claims.
(xv) Liability which is insurable under separate
Workmen's Compensation Insurance policy.
Q5. What is the claims procedure for a claim under
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