IC-57 FIRE Chapter 2 - ADD ON COVERS & SPECIAL POLICIES

ADD ON COVERS AND SPECIAL POLICIES 1. Spontaneous Combustion (by Fire Only) 2. Earthquake (Fire and Shock) Onus of proof clause 3. Forest Fire 4. Impact damage due to Insured’s own Vehicles and the articles dropped from them. 5. Deterioration of Stocks in Cold Storage premises due to accidental power failure consequent to damage at the premises of Power station due to an insured peril. 6. Deterioration of stocks in cold storage premises due to change in temperature arising out of loss or damage to the cold storage machinery (ies) in the insured’s premises due to operation of insured peril. 7. Architects, etc Fees (in excess of 3%) 8. Debris Removal (in excess of 1%) 9. Omission to insure, Additions, Alterations or Extensions Clause 10. Spoilage Material Damage Cover 11. Leakage and Contamination cover 12. Temporary Removal of Stocks Clause 13. Loss of Rent Clause 14. Insurance of Additional Expenses of Rent for An Alternative Accommodation 15. Start up Expenses B. Various Clauses 1. Escalation clause 2. Reinstatement Value Policies (RIV) clause 3. Local Authorities Clause C. Declaration Policies D. Floater Policies E. Special Clauses 1. Agreed Bank Clause 2. Contract Price Insurance Clause 3. Designation of Property Clause #IC57FIRE, #GIPSA, #INSURANCEINSTITUTEOFINDIA, #IIISUBJECT, #LICENTIATE, #ASSOCIATE, #FELLOWSHIP, #PARA13.2, #IIIEXAM, #FIREADDONCOVERS, #FIREDECLARATIONPOLICIES, #FIREFLOATERPOLICIES, #FIRESPECIALPOLICIES