Page 85 - Misc Ebook IC 78

Miscellaneous Insurance

provides for education of up to 2 dependent children,
in a addition to the capital sum insured and is
applicable to the personal accident individual policy
only.

Q8(d) Which of the above benefits are not available
in a group Personal Accident Policy?

Ans. The compensation for Education Fund benefit is not
available in a Group Personal Accident Policy.

Q9. Mention some of the important conditions
appearing in the Fidelity Guarantee Policy.

Ans. Some of the important conditions of Fidelity
Guarantee Policy are :
(i) Application of Control Measure - The employer
has to ensure that all precautions, checks and other
control measures to secure accuracy of accounts
are properly applied, and supervision over the
employees properly exercised. He has to notify the
insurers if any change in the nature of duty of the
employee or the circumstances and conditions of
employment, so that the insurers may use their

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