Page 361 - Fire Insurance Ebook IC 57

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f) Ammonia plant deriving its hydrogen supply by electrolysis of
water.

g) Tankage, Piping, Utilities, Auxiliary and Miscellaneous buildings,
Loading and Unloading areas situated in the premises.

h) Non-Petrochemical plants located in Petrochemical complexes.

Risks excluded from the scope of Petrochemical Tariff

a) Plants where basic raw materials are not Hydrocarbon
b) Plants whose basic raw materials are Hydro-carbons as their

primary raw materials, but throughput of hydrocarbons does not
exceed 10 tons per day.
c) Plants whose Total Sum Insured on the individual plant or whole
complex is Rs. 5 crore or less for the Material-Damage insurance.
d) Those risks where only some plants of the entire complex are
rateable under the Petro-chemical Tariff, provided that the Total
Sum Insured of such plants is less than 25% of the Sum Insured
on the Material Damage Insurance of the whole complex.

Rating

The basic rate for each Petrochemical plant is arrived at on the basis
of the following factors :
n Properties of chemicals.
n Quantity of flammable materials handled. Type of process /

operation.
n Temperature and Pressure.
n Material of construction.

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