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The insurance covers the property
specified in the schedule against loss, Destruction or damage by fire, theft
or any other accident or misfortune Whilst in transit by land, water or air
in all places and situations throughout The
journey or period of insurance and within the limited stated in the
Policy.
Some Exclusions:
loss of cash or notes, travel
tickets or coupons, travellers cheques or letter of credit, bonds, securities
or documents of any kind.
loss of or damage to gold and
silver articles, watches, jewellery, trinkets, furs, field glasses, cameras
and similar articles exceeding 5% of the Total Sum Insured in value, unless
specifically mentioned.
Underwriting Instruction -
Notes:
Each item of jewellery, gold
ornamenets, etc. is to be specifically Declared for insurance and a valuation
certification should be Obtained in respect of such items valued at more than
Rs.5,000/-
Where the total value of
jewellery, ornaments etc. is in excess of 50% of the total value at risk, an
additional premium to be charged on the value of suchy items.
The policy may be extended to
cover riot & strike risks by charging An additional premium.
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