Page 74 - Insurance Surveyors Book Ebook IC S01
P. 74
Survey And Loss Assessment IC-S01
Contents of Covernote
Name and address of Insured
Sum Insured
Period of Insurance
Risk Covered
Rate and premium
Description of risk
Serial no
Date of issue
A general Insurance Policy must clearly state:
(a) Name and address of the insured and of any bank having financial interest in the
subject matter of insurance;
(b) full description of the property or interest insured;
(c) location or locations of the property or interest insured with respective insured
values;
(d) period of insurance;
(e) sums insured;
(f) perils covered and not covered;
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