Page 130 - Fire Insurance Ebook IC 57

Fire and Consequential Loss Insurance

Aerated water factories.
(ii) If two or more factories are located in the same

compound, each factory may be rated "per se".
E.g, Bulk Drug Manufacturing (Rs.3 per mille)
and Pharmaceuticals (Rs. 2.25 per mille). Thus,
although Bulk Drug manufacturing and
Pharmaceuticals are located in the same
compound, have individual rates. Higher rates
are not applicable to both.
(iii) Premium rates are reduced for deletion of STFI/
RSMTD perils.
(iv) Dwelling houses located within the factory premises
are rated "per se".

Rates for utilities located outside the industrial/
manufacturing risks are provided separately in the
Tariff.

For the purpose of rating, goods are classified into
(a) Category I - (i) Solids which are moderately or

slightly combustible. (ii) Flammable liquids having
flash points above 65 0C. (iii) Inert and non-

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