Page 383 - Misc Ebook IC 78

Miscellaneous Insurance

(c) Lift irrigation Insurance -
Lift Irrigation Insurance -the lift irrigation system
comprises of Intake well, Delivery chambers, Jack Well,
Pump House, Water Storage Tank, Pipelines Cables,
Switch Gears, Starters, Electric motors of capacity from
3HP to 200HP.

Coverage: The policy provides indemnity against
unforeseen and sudden physical loss or damage by Fire,
Riot, Strike and Malicious Damage, Storm, Flood,
Earthquake, Landslide, Theft, Bursting of Pipelines,
Mechanical or Electrical breakdown.

The insurance applies to insured property specified in
the policy. The insured has to specify the properties.

The important exclusions are:
(i) Loss or damage insulting from overload

experiments,
(ii) Gradually developing flaws, defects etc.
(iii) Wear and tear from normal usage.
(iv) Loss or damage due to faults existing at the time of

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