Page 220 - Misc Ebook IC 78

The Insurance Times

regular employment of the insured such as brokers,
agents, cutters and goldsmiths.

(iii) Section III - All risks cover whilst such property is
in transit by Registered Parcel Post, Air Freight and
through Angadia, subject to exclusions.

(iv) Section IV - Loss or damage to property due to
fire, explosion, lightning, burglary, theft, hold up,
robbery, riot, strikes, and malicious damage.

Q7.b) Specify any 6 exclusions under the Jewellers
Block policy except War/nuclear risks.

Ans. There are several exclusions under Jewellers
Block policy apart from War/Nuclear risks. 6 of
them are as follows:
(i) Loss or damage to the insured property whilst the
same is being worked upon, or directly resulting from
any process of cleaning, repairing or restoring.

(ii) Shortage noticed at the time of stock taking.

(iii) Loss or damage to the insured property whilst the
same is at any public exhibition.

(iv) Theft or disappearance from vehicles owned by or

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