Page 259 - Motor Insurance Ebook IC 72

Guide for Motor Insurance

b) Replacement of left front tyre totally damaged -
Insurers are liable under the policy and actual cost
minus 50% depreciation is payable.

c) Replacement of steering rod - Being mechanical
breakdown not covered under the policy, hence not
payable.

d) Replacement of windscreen which was smashed
to pieces - Insurers are liable under the policy and
actual cost is payable if this being an extra fittings
is covered. There is no depreciation on glass parts.

e) Claim from the paid driver - Policy covers W.C.
Liability. Hence the following amount shall become
payable as per provisions of W.C. Act.

Q109. How do you deal with the following enquiries in
respect of Motor Policies?
(a) Comprehensive Policy for a public carrier with
extra cover for loss or damage to tyres.
(b) Act policy for Motor Cycle with the additional
benefit of PA. cover to the owner.
(c) Comprehensive Policy for a private car in the
joint names of the registered owner and
financier.
(d) Liability to the public risk Policy for a scooter

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