spontaneous combustion cover
shailesh shah
combustion cover. What is the logic then to have it as an additional
cover and not club it alongwith std. perils? In any case the damages
portion due to spontaneous combustion is not payable ( point of origin
of fire due to S.C.).
--
Shailesh B. Shah
Surveyor/ Loss Assessor
Cell: +91 9824021192
vadodara-gujarat-india
Address- 37 ashutosh society, karelibaug, vadodara-390018
Naresh Kukkar
When this was abolished?
javed malik
In Pakistan the damage to the property insured by "spontaneous combustion" is excluded from the standard scope of coverage by fire Policy but this risk can be covered by paying an additional premium by inserting a clause in St. Fire policy. Obviously the loss due to spontaneous combustion cannot be treated as "fire damage" for the purpose of fire definition in fire insurance. Now if no additional premium is being charged for this additional peril in India and yet it has not been included in the standard coverage of fire policy the apparent reason could be that the Policy form cannot be reworded so easily and any risk in addition to standard risk covered or un-covered would be inserted through an endorsement or clause. The same may however be done when the new form of standard fire Policy will be designed and come in to force.
Sampath
The Standard Fire policy excludes destruction or damage caused to the
property by its own fermentation , natural heating or spontaneous
combustion and the peril of Spontaneous combustion can be covered by
payment of additional premium. As far as I could see, there is
additional premium prescribed. But with Insurers mostly not following
the tariff and choosing to offer fancy discounts, perhaps many
concepts have got washed away.
As experienced surveyors, you certainly possess more knowledge on this
type of combustion which would occur without any external ignition
source. These are common in type of substances with relatively low
ignition temperature but kept in heaps for long periods without any
movement and without scope for heat to escape. The temperature of the
material starts rising above its ignition point and would combust on
its own when it finds a strong oxidizer.
Have seen some claims to coal, molasses, bagasse etc., The Fire Tariff
provides for additional rates for coverage of this peril as the
materials are classified according to the severity of the spon combn.
Properties which are categorised as Low or non existent, Moderate,
Variable and High.
Upon payment of additional premium, the coverage is endorsed to extend
coverage for loss or damage by fire only of or to the property insured
caused by its own fermentation, natural heating or spontaneous
combustion.
As there is a specified expression of ‘by fire only’, conventionally
losses arising prior to ignition i.e., at the heating stage are
excluded in the assessment though there is extended coverage against
this peril.
With regards - S Sampathkumar
On Oct 16, 12:24 pm, shailesh shah <shaileshbs...@gmail.com> wrote:
> We all know that there is no extra premium now for theSpontaneous
> combustion cover. What is the logic then to have it as an additional
> cover and not club it alongwith std. perils? In any case the damages