Page 111 - Misc Ebook IC 78

Miscellaneous Insurance

or association or institution or corporate body with
the schedule of names of the members, including
he is her family members, if they are part of the
policy. The coverage under the policy is a as under
individual mediclaim, but with the following
differences:
(i) cumulative bonus and health checkup expenses are
not provided.
(ii) group discount in the premium is available.
(iii) renewal premium the subject to Bonus or Malus
clause.
(iv) maternity benefit extension is available at an extra
premium.

Q5. A) Describe the cover provided under section I
and II of the Money policy.

Ans. Section I covers the money in transit:
(i) Wages in transit from bank to the insured premises.

(ii) Cash in transit from the insured's premises to the
post office for purchase of postal orders, money
orders, postage or revenue stamps.

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