without deletion of Storm, Tempest , Flood and Inundation (STFI), or Riot, Strike and Malicious Damages (RSMD) . In April 2011 just before expiry of the Insurance ... when the policy was renewed with a slight modification with deletion of STFI and RSMD for the rose plants only but for the subsequent year
Description Rate Annual Premium
Basic Rate: 1.5000 3,750.00
Less: STFI discount .0000 .00
RSMD discount .0000 .00
Add Construction Rate .00 .00
Less: Claim ... Description Rate Annual Premium
Basic Rate : 1.5000 750.00
Less : STFI discount .0000 .00
RSMD discount .0000 .00
Add. Construction Rate .00 .00
Less : Claim Experience
stocks of stores and spares including fire, theft/burglary, RSMD and STFI
-do- for silent/closed units 0.10% 5% 0.095%
(b) -do- for operating units ... rate of 0.2%
2.9 Fire & Allied Insurance inclusive of RSMD and STFI
a) -do- for silent/closed units
arising out of 'Act of God Perils" such as Lightning / STFI / Subsidence, Landslide and Rock Slide covered under the policy
(b) The first
special perils policy. As per the policy, losses arising out lightning, STFI (Storms Temlest Flood Inundation), Subsidence and landslide are also covered besides others
arising out of "Act of God" perils such as lighting STFI, subsidence, land slide & rock slide covered under the policy and first
HSRDC
Risk Covered :-
Fire, Theft, Damage during making and paving of roads, STFI"
11. The plain reading of the above provision shows that works
settlement of fire claim; and details of fire basic perils covered under
STFI policy with its specific exclusions.
2. The CPIO vide letter dated ... point 3 the appellant was informed that there was no such STFI Policy, however,
they have the Standard Fire and Special Perils Policy, which consists
