ALL INDIA TARIFF

ON
CONTRACTOR'S ALL RISKS INSURANCE
TARIFF ADVISORY COMMITTEE
ADOR HOUSE, MUMBAI
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Tariff Advisory Committee 1
1-1-01
THE TARIFF ADVISORYCOMMITTEE
(HEREINAFTER CALLED THE COMMITTEE) HAS
LAID DOWN RULES, REGULATIONS, RATES,
ADVANTAGES, TERMS AND CONDITIONS, AS
CONTAINED HEREIN, FOR TRANSACTION OF
CONTRACTOR'S ALL RISKS INSURANCE BUSINESS
IN INDIA IN ACCORDANCE WITH THE PROVISIONS
OF PART II B OF THE INSURANCE ACT, 1938.
ANY BREACH OF TARIFF SHALL BE DEALT WITH AS
PER THE RELEVANT PROVISIONS OF THE
INSURANCE ACT, 1938.
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Tariff Advisory Committee
1-1-01
CONTRACTOR'S ALL RISKS INSURANCE POLICY
INDEX
Contents Page
1. GENERAL RULES & REGULATIONS-
2. STANDARD POLICY FORM -
3. PROPOSAL FOR MACHINERY INSURANCE -
4. RATING SCHEDULE -
4.1 Group I - Electrical Machinery installed in Plants
other than Cold Storages and Ice Plants.
4.2 Group II - Mechanical Items Machines
common to all Industries.
4.3 Group III - Machinery in Cold Storages and Ice
Plants
4.4 Group IV - Fertilizer plants / petrochemical
Plants/ Refineries
4.5. Declined list of Machines
4.6 Excess
4.7 Escalation Provision
4.8 Option to insure under MB/EEI
5 ADDITIONAL RATES -
6 ENDORSEMENTS -
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Tariff Advisory Committee
1-1-01