Page 49 - Marine Insurance IC67 EBOOK

The Insurance Times

and ranges from 0.40% to 1.00% and depends of aircraft at the locations mentioned in the
on the profession and the type of cover (on duty/ schedule.
off duty)
Exclusions
Rate for 24 hours basis inclusive of on duty l Loss of property of the insured other than
cover
aircraft of others while being fuelled or re
Table of Benefits A BC fuelled by the insured.
Pilots 0.50% 0.75% 1.00% l Bodily injury, property damage caused by any
Engineers/Technicians 0.40% 0.60% 0.80% mechanically propelled vehicle on road traffic/
any public highway and aircraft, used or
Excess deductible operated by or on account of insured.
Nil l Liability for bodily injury to any person who at
the time of sustaining such injury is engaged
4. Documents for Claims Settlement in the service of the insured or acting on his
l Medical Report, Discharge Certificate from behalf.
l Liability assumed by the insured by
the Hospital/Nursing Home agreement under any contract unless such
l Police Report, DGCA Report liability would have attached in absence of the
l Death Certificate ,Post Mortem Report, Death agreement.

Certificate Condition
l Certificate from Employer as to last use of l No liability shall be admitted without the

Licence consent of the insurer, who shall be entitled to
l Medical Certificate/Doctors Certificate on take over and conduct the defence of any claim.

PPD/PTD Extension/Add ons
l Any other document required to deal with PA None

Claim Variants
------------------------------------------------------------------------ Aircraft hull, War and Allied Risk

Aviation Fuelling & Refuelling Liability 3. Underwriting Guidelines
All proposals are to be referred to HO for approval
1. Introduction of rates and terms along with relevant details.

Product Determination of sum insured/values to be
insured
The policy covers bodily injury including death to The Sum Insured is the limits of indemnity to be
third party , or damage to property caused by selected by insured for any one occurrence and
accident arising out of insured's business as any one period limit separately for bodily injury
suppliers of aviation fuel including the fuelling and property damage.
and or refeulling of aircraft at the locations
mentioned in the schedule. Rating/Pricing
Rates are reinsurance driven and hence
2. The Insurance Cover reference has to be made to HO Technical / RI
Dept.
Basic Coverage
The Policy covers bodily injury including death ,
or damage to property caused by accident
arising out of insured's business as suppliers of
aviation fuel including the fuelling and or refeulling

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