Page 269 - Misc Ebook IC 78
P. 269
Miscellaneous Insurance
which was urgently required. The money was
being brought by the employees in 2 bags,
each containing Rs.20 lacs. On the way, in a
robbery/hold up 1 bag was lost. What would
be the amount of claim payable?
Ans. Limit par carrying = Rs 30 lacs
Estimated annual carrying limit = Rs 3 crores
Money lost in robbery/hold up = Rs 20 lacs
Amount of claim payable = Rs 20 lacs
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