basis of
premium collected and in the absence of additional premium, the
Insurance Company is not liable to pay compensation. The Tribunal
erred in holding ... second leg of his
argument in equating Loading TP with additional
premium, it needs to be stated that the expression TP is
but an abbreviation
accident coverage was introduced
and owner of the vehicle, by paying additional premium can
take insurance for his risk in the accident. On payment ... additional premium, the coverage for two wheeler was
Rs.1,00,000/- and coverage for four wheeler was Rs.2,00,000/-
. This package policy
accident coverage was
introduced and owner of the vehicle, by paying additional premium
http://www.judis.nic.in
11
can take insurance for his risk ... accident. On payment of
additional premium, the coverage for two wheeler was
Rs.1,00,000/- and coverage for four wheeler
Personal Accident Cover. According to the
learned counsel, on payment of additional premium, the
Insurance Company undertakes to pay compensation to the
insured ... paid additional premium for personal accident claim and the contract has
been entered into between the respondent and appellant. Therefore, he can
maintain the claim
open to the owner of the vehicle to pay
additional premium to cover personal accident claim of owner and pillion
rider and occupants of four ... wheeler. On receipt of additional premium,
the Insurance Company agrees to pay the compensation for the bodily
injury or death of above referred persons
covers the third
party, which does not necessitate payment of any additional premium for
third party, however, the Tribunal erred in fixing the liability ... vehicle is driven by anyone other than
its owner, an additional premium has to be paid to cover the injured
under the policy. However
coolie
accompanying the goods which included goats and their fodder.
The additional premium will cover the liability of the claimant and
he should be treated ... violated policy condition and not entitled to claim
compensation. When the additional premium has been paid, the Insurance
Company is liable to pay the compensation
only an 'Act only Policy' and there is no additional
premium being paid to cover the risk of an occupant or a passenger ... Insurance Policy (ex.R1), it is seen that
no additional premium has been paid to cover the risk of an occupant or
a passenger
dismissed the claim petition on
the ground that there is no additional premium paid for the pillion
rider/deceased.
4.Against the said order ... counsel for the appellants further contended that in view of the
additional premium paid, the policy issued by the third respondent is
only comprehensive policy
also contended by them that
on payment of an additional premium under the Insurance policy,
coverage can be extended to five unnamed persons