Page 426 - IC38 GENERAL INSURANCE
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Answer 7
The correct option is III.
In case of a Jeweler‟s Block Policy, damage to property insured when it is in
transit by registered parcel will be covered under Section III.
Answer 8
The correct option is II.
Delay in start-up policy is also known as Advance Loss of Profit cover.
Answer 9
The correct option is II.
Larceny is not covered under Industrial All Risks insurance
Answer 10
The correct option is III.
Marine and aviation is the only branch of insurance that offer cover against war
perils.
Answer 11
The correct option is II.
Under the Public Liability Insurance Act, 1991, the compensation payable for
actual medical expenses is Rs. 12,500.
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