Page 404 - Misc Ebook IC 78
P. 404

The Insurance Times

         (iv) mechanical derangement, mechanical or electrical
              breakdown, unless caused by an insured peril.

         (v) loss or damage by war and allied perils
         (vi) liability assumed by the insured by agreement, unless

              such liability would have devolved on the insured
              notwithstanding such agreement.
         (vii) loss, damage or liability arising from ionising radiations
              or nuclear weapons material.

         Premium is charged at a rate percent of the value of the
         apparatus.

(c) Plate Glass Insurance Policy - this policy generally
         provides cover against the breakage of the plate glass
         fixed to the display windows or the showcases of the
         commercial establishments by any reason, except those
         that are specifically excluded by the policy. Breakage is
         normally are excluded for the following reasons:
         (i) Fire or explosion.
         (ii) Earthquake or such other convulsions of nature and
         (iii) Riot, strikes, war and kindred risks. Riots and strikes
              however can be covered on the payment of
              additional premium.

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