Licentiate Examination - IC 11 - Practice of General Insurance Exam - Important Points
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Section II: Covers loss or damage whilst the property insured is in the custody of the insured and other specified persons. Coverage under Section 1 is compulsory
Section III: Covers loss or damage whilst such property is in transit by registered parcel post, air freight etc.
Section IV: Provides cover for trade and office furniture and fittings in the premises against the risks specified in Section I
Jewelers Block Policy Exclusions - Jewelers Block Policy,Property kept during public exhibition,Lost whilst being worn / carried for personal purpose,Property not kept in safe outside business hours,Property kept in display windows at night,Loss due to infidelity of employees or members of the insured family is not covered. Fidelity guarantee cover should also be taken by the insured for full protection.
Contractors All Risks (CAR) Policy - designed to protect the interests of contractors and principals engaged in civil engineering projects from small buildings to massive dams, buildings, bridges, tunnels, etc.
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