Page 106 - Misc Ebook IC 78

The Insurance Times

J.
(i) legal liability in respect of accidental death or bodily

injury to a third party or accidental damage to their
property during the performance of any act in
connection with the insured's business up to a limit
of Rs25,000 or 5% of sum insured under section A,
whichever is less during anyone period of insurance.
(ii) Compensation to the employees engaged in the
insured's premises under the W.C Act/common-law.

K. Business interruption or loss of profit policy. Loss
of profit due to interruption in business due to the
loss sustained by the property insured in section A
of the policy as a result of the insured perils under
that section. However, for the cover to be allowed,
the building concerned should be of class A
construction as defined in the fire tariff.

Q4.a) What are the various heads under which the
hospitalisation expenses incurred are
reimbursed in mediclaim policy.

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