LIFTS.
Insurances may be effected under the following clauses:
(A) An undertaking to inspect quarterly and advise and report on the Lift Gearing Ropes, Hydraulic and Mechanical Equipment generally.
(B) To make good break-downs.
(C) To inspect quarterly and advise and report on the Electric Motor and Electrical Equipment generally.
(D) To make good break-down of Electric Motor whether due to mechanical or electrical causes.
(E) To indemnify the Insured against claims for Personal Injury received by any person or persons in or while entering upon or alighting from the Lift.
LEASEHOLD
REDEMPTION
POLICIES.
For the replacement of Capital invested in the purchase of Leasehold Property and in the improvement of Buildings or other Property held for a limited number of years.
To provide a sum to cover dilapidations at the termination of Leases and to cover the cost of replacing Plant and Machinery used in industrial and other undertakings.
To establish a Sinking Fund in connection with Terminable Annuities, Bonds, and other Securities.
To provide for the repayment of Loans, for the replacement of Capital generally, and for the payment of a stipulated sum of money at a fixed date.
MARINE.