Page 58 - Marine Insurance IC67 EBOOK

Aircraft product means completed aircraft, airship, Extension /Add ons
missile, helicopters, launch vehicles, gliders Nil
Coverage
Variants
Coverage A Aircraft Hull, Aviation Hull War risk and allied risk
l Any liability for death, bodily injury/sickness
3. Underwriting Guidelines
of an employee of insured All proposals should be referred to HO for approval
of rates and terms.
l Loss of use of any aircraft which has not been
destroyed except with respect to an aircraft Determination of sum insured/values to be
which has made an emergency landing. insured
l Limits of indemnity to be selected by
l Legal liability arising from any restriction on
or withdrawal from the use of aircraft product proposer for any "one occurrence" and "any
not involved in an occurrence. one period" .

Coverage B l Grounding liability limited to 20% of the above
l Loss of use of aircraft during maintenance limits
overall or alterations while being used for purpose
other than relating to ground. Rating/Pricing
All proposals should be referred to HO for approval
of rates and terms.

Exclusion Excess/Deductibles
l Noise and pollution and other perils Suitable excess to be imposed
l War, hijacking, strike, riot, civil commotion,
4. Documents for Claims Settlement
hostile detonation of any weapon of war, l Claim form
employing atomic and nuclear fission. l Police Report, DGCA Report
l Death Certificate ,Post Mortem Report, Death
Conditions
Notice of occurrence or grounding - When an Certificate
occurrence or grounding takes place, written l Court award
notice shall be given by or on behalf of the insured l Legal opinion
to the policy issuing office.

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