Page 66 - Misc Ebook IC 78
P. 66

The Insurance Times

         J.
         (i) legal liability in respect of accidental death or bodily

              injury to a third party or accidental damage to their
              property during the performance of any act in
              connection with the insured's business up to a limit
              of Rs.25,000 or 5% of sum insured under section A,
              whichever is less during anyone period of insurance.
         (ii) Compensation to the employees engaged in the
              insured's premises under the W.C Act/common-law.

K. Business interruption or loss of profit policy. Loss
    of profit due to interruption in business due to the
    loss sustained by the property insured in section A
    of the policy as a result of the insured perils under
    that section. However, for the cover to be allowed,
    the building concerned should be of class A
    construction as defined in the fire tariff.

Q5. Write short notes of the following:

         (a) Plate glass insurance - This policy generally
              provides cover against the breakage of the plate
              glass fixed to the display windows or the showcases

Website: www.bimabazaar.com Call: 033-22184184 / 40078428  62

Copyright@ The Insurance Times. 09883398055 / 09883380339
   61   62   63   64   65   66   67   68   69   70   71