Page 142 - Motor Insurance Ebook IC 72

The Insurance Times

Section III Trailers - This section deals with extension
of cover in respect of trailers (mechanically propelled
or otherwise) attached to the motor vehicle for the
purpose of being towed. The indemnity provided by
Section I (Own Damage) and Section II (Liability to
Third Party) is extended to such trailers. This extension
is subject to the following provisions:

a) The Limits of Liability shown in the Schedule of the
Policy are not increased by this extension;

b) The insurer shall not be liable in respect of damage to
property conveyed by the towed vehicle;

c) There is no liability in respect of loss, damage and/
or liability sustained or incurred whilst the motor
vehicle is towing a greater number of vehicles than
is permitted by law.

Q 5. Describe the Scope of Comprehensive Motor
Trade Internal Risks Policy.

Ans. This policy applies to accident, loss or damage or liability
arising out of an event occurring only on the business
premises of Motor Trader. There are following two
Sections under the policy:

Section I - Damage - The insured shall be indemnified
in respect of damage to any motor vehicle, including its
accessories, whilst thereon

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