Miscellaneous Insurance IC-78 Exam Study Notes

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  • An Agricultural Pump Set insurance is granted on Centrifugal Pump sets (electrical and diesel) used for agricultural purposes only.
  • A Failed Well Insurance policy applies to Dug wells, Bore Wells or Dug-cum Bore wells.
  • A Lift Irrigation Insurance provides indemnity against unforeseen and sudden physical loss due to specified reasons.
  • A Salt Works Insurance policy applies to earthwork/mud work and salt stored on platforms against the risk of: - Storm, cyclone, flood and allied perils, Unseasonal rainfall (as declared by the Meteorological Department)
  • A pedal cycle / cycle rickshaw insurance cover applies to vehicles driven by manpower only.

Miscellaneous insurance Exam

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