Page 46 - Fire Insurance Ebook IC 57
P. 46

Fire and Consequential Loss Insurance

Important Points to Remember

Add on covers -            Spontaneous combustion
Extension of Perils
                           Earthquake
Payment of Extra Expenses  Forest fire
Special policies           Impact damage due to insured's
Special clauses            own vehicles
                           Deterioration of Stocks in Cold
                           Storage premises
                           Architects, etc fees (in excess of
                           3%)
                           Debris removal (in excess of 1%)
                           Reinstatement value policy
                           Declaration policy
                           Floating policy
                           Floater declaration policy
                           Agreed bank clause
                           Contract price insurance clause
                           Designation of property clause
                           Omission to insure, additions,
                           alteration or extension clause

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