Page 350 - Misc Ebook IC 78

The Insurance Times

overloaded, or in racing, pace making or speed
tests.

Exclusions: Usual wear and tear, mechanical
breakdown, as also losses arising from war, riot, strikes,
earthquake and such other convulsions of nature.

On payment of additional premium, (i)Riot and strikes
risks may be covered .(ii) Personal accident benefits
may be granted.

The premium rates depend on the cover opted by the
insured, and the limit of indemnity selected by the insured
in respect of third party cover. Some insurers also offer
discounts if more than one cycles are insured under a
single policy.

Q6.b) What does the term Plate Glass mean? Is it
possible to modify the cover to include other
types. If so, of what type ? What are the
underwriting factors in Plate Glass
insurance?

Ans. Plate Glass means the glass fitted to display

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