Page 154 - Motor Insurance Ebook IC 72
P. 154
The Insurance Times
(4) Miscellaneous and special Types of Vehicles -
The rates vary according to type of vehicle.
Q 12. Describe the cover granted by Section II-Liability
to Third Parties of Commercial Vehicle Policy B.
Ans. Cover granted by Section II-Liability to Third Parties
of Commercial Vehicle Policy B - This Section provides
the following coverage: 1. Liability to Third Party -
This section provides indemnity to the insured in the
event of accident caused by or arising out of the use
of the vehicle against all sums, including claimant's
cost and expenses, which the insured shall become
legally liable to pay in respect of
(i) death/bodily injury to any person caused by or arising
out of the use (including the loading and/or unloading)
of the motor vehicle;
(ii) damage to third party property caused by the
use (including the loading and/or unloading) of the
motor vehicle.
2. Legal costs and expenses - The insurer will also
pay all legal costs and expenses incurred with its
written consent.
3. Indemnity to driver - The indemnity under this
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