Page 219 - Misc Ebook IC 78
P. 219
Miscellaneous Insurance
Policy is as under :
(i) Jewellery, gold and silver ornaments, pearls, precious
stones, cash, currency notes etc, and
(ii) Trade and office furniture and fixtures whilst they
are in the insured's business premises. The indemnity
is extended to cover damage done by Burglars to
the premises, landlord's fixtures and fittings for which
the insured is legally responsible as tenant, up to
1% of the Sum Insured.
The cover provided under the policy is divided into four
sections. Coverage under Section I is compulsory but
rest of the sections are optional to the insured. The
sections are as follows :
(i) Section I - Loss or damage to property whilst
contained in the premises, insured by fire, explosion,
lightning, burglary, house breaking, theft, hold up,
robbery, riot, strikes, malicious damage and terrorism.
(ii) Section II - Cover as in Section I whilst property is
in the custody of the insured, his partner, his
employees, attorneys, directors, diamond sorters etc
or whilst the property is in custody of persons not in
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