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
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