Page 88 - Liability Insurance IC74

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3. Full particulars of the proposer's trade or occupation
with precise description of work.

4. The Schedule of employees, showing the estimated
number and the estimated annual wages, salaries
and other earnings.

5. If the proposer desires to insure his liability under
the Workmen's Compensation Act, 1923, he has to
provide the name of contractors, nature of work
sublet and estimated amount of contract.

6. Information is elicited to ascertain if the premises
are a factory within the meaning of the Factories
Act.

7. The full particulars of any circular saws or other
machinery driven by steam, gas, water, electricity,
use of acids, gases, chemicals etc.

8. Information related to past insurance history, total
wages paid and accidents of employees during the
past 3 years.

Q7. With reference to Professional Indemnity Policy
Ans : for Medical Establishments, write notes on the
following :
1. Limit of indemnity - This clause provides that : (i)
irrespective of the number of persons or entities named

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