Page 195 - Misc Ebook IC 78

Miscellaneous Insurance

(i) The key to the safe has to be obtained by violence
or threats or by means of force, against a person or
property. This is known as key clause.

(ii) A complete list of the amount of cash in safe should
be maintained separately other than in the safe. The
liability of the insured remain restricted to this
recorded amount only.

There are certain exclusions to the policy:
(i) Loss or damage where any member of the insured's

household or his business staff is concerned as
principal or accessory.
(ii) Losses resulting from any act committed by any
other person lawfully on the premises, wherein the
property insured may happen to be.
(iii) Things which can be insured against a fire or plate
glass or motor insurance policy.
(iv) Deeds, bonds, bills of exchange, promissory notes,
cash, treasury notes, bank notes, cheques, securities
for money, stamps, stamp collections, books of
accounts, manuscripts, documents of any kind,

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