Page 132 - Motor Insurance Ebook IC 72
P. 132
The Insurance Times
by taking a pride in his vehicle, an insured can
substantially reduce loss possibilities.
On the other hand, neglect and carelessness are two
factors which are responsible for bad claims
experience. The hazard arising from the driver can be
assessed from the point of view of' his age, physical
condition, driving experience and occupation. Age has
a material bearing on the risk. The young driver
presents an unfavorable hazard because speed has a
special attraction for youth.
Similarly, an elderly driver involves an increased
physical hazard. Because of advancing age his
faculties are less keen resulting in lower reactions which
may have serious consequences in the event of an
emergency. Physical defects regarding vision, hearing
or loss of limbs add to the exposure of risk. Common
defects of vision which can be corrected by glasses or
contact tens are ignored.
The loss of sight in one eye is much more serious as
it impairs the field of vision and judgement of
distances. Deafness which can be overcome by the
use of hearing aids is ignored by the underwriter. Loss
of limbs introduces considerable hazards.
Website: www.bimabazaar.com Call: 033-22184184 / 40078428 132
Copyright@ The Insurance Times. 09883398055 / 09883380339
