Page 67 - Misc Ebook IC 78
P. 67

Miscellaneous Insurance

    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.

Unless specifically mentioned, the schedule of the policy
glass means plate glass and does not include any
embossing, silvering, lettering or any ornamental work.
Damage to frames, and the cost of removal and
replacement of any fittings and fixtures necessitated for
replacing the damaged plans are not covered under the
policy.

The policy also does not cover the replacement or
repair of cracked or imperfect class or any loss
arising from the interruption of the insured is
business during the period between the breakage and

Sashi Publications - www.sashipublications.com  63

Copyright@ The Insurance Times. 09883398055 / 09883380339
   62   63   64   65   66   67   68   69   70   71   72