The Dukan
Mitra policy is a modified version of the shopkeeper's policy which can be issued to
smaller establishments. The main features of this policy are (a) there is a fixed sum
insured (b) condition of average need not be applied.
SECTION I
This section also covers the Insured's property when removed to another
premises for custody during his absence and for a temporary period limited to 90 days in
all.
SECTION II
Loss / damage to the contents whilst contained in insured premises by
burglary / housebreaking.
SECTION III
If bodily injury by external violent means and caused accidentally shall,
within 12 months of such injury, by the sole and direct cause of death or permanent total
disablement of the persons specified, the Company will pay each such person specified
amount. Permanent total disablement would mean total, irrecoverable loss of sight of both
eyes / physical loss of entire hands or entire feet / one foot and one eye or one eye and
one hand / one foot or irrecoverable loss of use of both limbs.
SECTION IV
This section indemnifies the Insured subject to the limit under column 4,
in respect of all sums which the Insured shall become legally liable to pay as
compensation and incur litigation expenses with the Company's written consent. a. in
respect of accidental death or bodily injury to any person other than a person under the
Insured's employment b. accidental damage to property caused by or through fault or
negligence of the Insured or his employee or a member of Insured's household c.
compensation to Insured's employees as per the WC act for any employment injury (including
fatal) d. This section excludes liability for accidents involving Insured's ownership or
use of vehicles, vessels of any kind, aircraft or animals.
SECTION V
Indemnifies the Insured for any direct pecuniary loss, subject to the
limit under column 4, caused by an act of fraud or dishonesty committed by any salaried
employee of the Insured in the course of his duty in the insured premises, on conviction
and prosecution of an employee responsible for dishonesty / fraud. Withholding of any
money due to the delinquent employee and deduction of such moneys from the claim are
preconditions to settlement of a valid claim.
SECTION VI
Indemnifies the Insured, subject to the limit per carrying (under column
3) in respect of loss by accident or misfortune while the Insured's money in his hands of
his employees is in transit between any two places within 15 kms from insured premises
(only such money of the Insured's business transactions and entrusted to the permanent
employee handling cash is covered), loss / damage by burglary or housebreaking whilst
contained in a safe, cash box or such place under lock and key, loss / damage whilst lying
in cashier's till or counter in the Insured's premises during business hours due to
violence, assault or threat. It is a policy condition under this section that a complete and
arithmetic account of cash in various places be kept and that such records / account books
be kept in a place other than where money is kept.
The Policy
covers
- The risk of
fire,lightning,storm,earthquake,flood,riot,strike etc
- The risk of
burglary
- The loss of
money while it is being carried by the employee from one place to another due to
accident/misfortune
- Any
Pecuniary loss arising out of dishonesty or fraud by any employee
- Death or any
bodily injury directly or indirectly caused by accidental, violent, external and visible
means applicable for persons aged between 12 and 70 years.
Compact Policy