Page 114 - Motor Insurance Ebook IC 72

The Insurance Times

Act. Passengers in private vehicles are not required
to be covered.

VII. Losses arising directly or indirectly war and war
like peril. However any claim for damage which
the insured can prove is independent of such perils
will be payable.

VIII. Any liability arising directly or indirectly from
nuclear weapon material.

Q 8. What is a "Liability Only" Policy? Define the
"liability to third parties" covered in a Liability
Only policy.

Ans: Liability only Policy: The standard form of "Liability
Only Policy" is applicable to all classes of vehicles with
suitable amendments in "Limitations as to Use."

Liability to Third Parties
A. The policy covers the insured's legal liability for

accidents occurring out of the use of the vehicle, in a
public place, anywhere in India. This liability is subject
to the Limit of Liability as laid down in the policy
schedule it includes claimant's costs and expenses"

The limits as stated in the Policy and Schedule are
as follows:
a. Death or bodily injury to any person so far as is

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