1. Documents required for processing all engineering claims are as under: a) Copy of the policy with full terms, conditions and warranties b) Claim form c) Survey report including – i) Clear indication of the cause of loss ii) Extent of damage and loss iii) Establishment of liability iv) Assessment of loss v) Confirmation of […]
1. Since under Fire Insurance variety of buildings, machineries, equipments and stocks are involved, in addition to a competent surveyor it is recommended that the Company officials should visit site of losses reported as far as possible. 1.1 If the estimate of Loss is within RS. 20,000/- and loss of profits claim is not involved, […]
1. INTRODUCTION : The Guidelines laid down here are not exhaustive and are of general nature. It may be possible that some of the Guidelines laid down cannot in practice be complied with due to particular circumstances of a case. Such non-compliance need not, therefore, render the claim as invalid. The Claim Setting Authority can […]
In case of godowns containing baled raw jute, an aggravating factor is the burning characteristic of the material. Godown fires are most stubborn and difficult to extinguish. When an outbreak occurs in a jute godown, fire spreads over the surface of the bales with great rapidity, at the same time working its may between the […]
Jute fibre is extensively used for the manufacture of sacking, bagging and tarpaulins. It is also used for making of rope, twine, carpet backing cloth, linoleum and artificial leathers. Carpet backing cloths were mainly consumed in the foreign markets. Jute cuttings are also used as one of the raw materials for paper making. It is […]
HISTORY The first power driven mill for spinning jute yarn in our country was erected by a Mr. George Acland in 1855 at Rishra on the bank of River Hoogly about twelve miles from Calcutta. At first it consisted of only 48 spindles but was increased soon afterwards to give an output of 8 tons […]
INRODUCTION : The hydrocarbon processing industry is generally of gigantic size as compared to the normal chemical industry. The industry is susceptible to the risk of catastrophic financial losses because of : (a) Its enormous concentration of capital investment; (b) The magnitude of its earnings; (c) The inherent fire and explosion hazards of hydrocarbon processes […]
1. INTRODUCTION : During the past decades, Crude oil (Petroleum) has been an essential factor for prosperity in human life. Since it is in short supply and expensive, the same is very much in the lime-light all throughout the world. 2. HISTORY : Petroleum was formed million years age from organic matter of marine deposits. […]
I. ACCOMMODATION AND LIMITATION OF STOCK 1. In view of the high calorific value of rubber and the difficulty of fighting a rubber fire it is desirable that the storage should be confined to : (i) Single storey buildings in which no other goods are stored; (ii) Multi-storey buildings of fire resisting construction in which […]
At all stages from the raw material to the finished article rubber will burn. it hardens and cracks at low temperature, becomes tackly at moderate heat and degenerates into a gum substance around 90*C, and in the process gives off fumes and smoke which considerably hamper fire fighting operations. Rubber is easily damaged by heat […]