insurance ready reference

8/4/2019 Insurance Ready Reference

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PREFACE

Due to changes that took place in our insurance coverage locally as well as globally it has become

necessary to incorporate the same in our Insurance Hand Book written in 2003-2004. Therefore, an

updated version of the Insurance Hand Book has been prepared to make Siemens employees aware of

changes on locally as well as Global Property Policies and Public & Product Liability Policy due to wider

risk coverage, wherein increase in premium rate and deductibles have been enhanced by SFS/VVK.

Previously only fire risk was covered for Co.s Fixed Asset & stocks etc, now upon shifting it to

mandatory Global Property Coverage Program of Siemens Germany VVK in the year 2004, a wider

coverage has been offered for our Fixed Assets, Stocks (own & customer) held in trust or for repair with

additional coverage of business interruption for which our Fixed Assets and furniture fitting have been

revalued by professional valuator. Our factory has been surveyed twice by Global Risk Consultant to

evaluate risk exposure to our Factory and Corporate Offices. Premium rates are fixed upon their risk rating

Moreover, keeping in view several queries received by us regarding project coverage a write-up has also

been added for EAR i.e. Erection All Risk to make them understand what an EAR cover is, what it covers

and not. What can be added in standard coverage when it starts & finishes at what stage a project has

maximum risk at what stage its minimum and what is its issuance requirements.

Recently, Travel Health Insurance Coverage has been made a compulsory requirement for obtaining

German Visa at Islamabad and Visa for many other countries. This now caters for medical assistance


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CONTENTSPage No.

1. INTRODUCTION 4

2. CORPORATE FUNCTION FOR RISK ANALYSIS AND RESPONSIBILITIES 5

3. TYPES OF COVERAGE AVAILABLE 6

3.1 Corporate Polices 63.1.1 Fire 63.1.2 Marine 63.1.3 Accident & Theft 63.2 Policies At Department / Business Unit 7

3.2.1 Cash 73.2.2 Contractor, Plant & Machinery 73.2.3 Liability Policy 7

3.2.4 All Risk Policies 83.2.5 Workmen Compensation Policy 83.2.6 Group Life Insurance Policy 83.2.7 Travel Health Policy 83.2.8 Erection All Risk Policies 8

4. INSURANCE CLAIMS 9

4.1 Procedure For Insurance Claims 94.1.1 Property Damage And Business Interruption 94.1.2 Following Documents Are Required In Case Of Claim 9

4.1.3 Marine 104.1.4 Procedure In Case Of Damages/Shortages Detected At Port 10 4.1.5 Documents Required In Marine Claim Import Settlement Air/Sea/Truck 10 4.1.6 Documents Required In Maine In Land Transit Claim 11

4.1.7 Accident 12

4.1.7.1 Vehicles Claim 12

Annexure -A To Vehicle Claim 13Annexure -B To Vehicle Claim 14

4.1.7.2 Documents Required In Motor Claims Settlement 154.1.7.2.1 In Case Of Partial Loss 15 4.1.7.2.2 In Case Of Third Party Claim 15 4.1.7.2.3 Documents Required In Case Of Theft 15 4 1 7 2 4 D t R i d I C Of T t l L 16


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Page No.

5. EAR 22

5.1 EAR Coverage 22

5.2 Maintenance Visit Cover 23

5.3 Extended Maintenance 23

5.4 Maintenance Guarantee Cover 23

5.5 Erection All Risk Policies 24

5.5.1 Claim Settlement Of EAR Policies 24

5.5.2 Documents Required For Engineering Claims 256. CLAIM PROCEDURE UNDER GROUP LIFE INSURANCE POLICY 25

6.1 Documents Required In Case Of Natural Death 25

6.2 Documents Required In Case Of Accidental Death 25

6.3 Accidental Disability/Fortnightly Income Benefit Requirements 26

6.4 Natural Disability Requirements 26

6.5 Terminal Illness Requirements 267. INSURANCE CLAIM REGISTRATION FORM 278. TRAVEL & HEALTH INSURANCE REGISTRATION FORM 28

9. PANEL OF INSURANCE SURVEYORS 29

10. INSURANCE PREMIUM RATES 30

11. MARINE INSURANCE RATES 31

11.1 Rates For Imports 31

11.2 Rates For Dispatches With In Pakistan 32

11.3 Rates For Dispatches With In Cities 33

11.4 Rates For Exports 3412. DETAIL OF INSURANCE CLAIMS SETTLED FROM OCT-05 TO SEP-06 35

13. DIVISION WISE INSURANCE CLAIM SETTLEMENT FROM OCT-05 TO SEP-06 36

14. DETAIL OF INSURANCE CLAIMS SETTLED FROM OCT-06 TO MAY-07 37

15. DIVISION WISE INSURANCE CLAIM SETTLEMENT FROM OCT-06 TO MAY-07 38


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1. INTRODUCTION

The prime objective of this Insurance Handbook is to provide readily available knowledge to all for

maximum and proper utilization of insurance facility and to indicate the Division ofResponsibilities (DOR) of concerned Department/Business Unit regarding insurance claim

handling.

We have tried to cover maximum information in this handbook. However, if there is any query now

or at a later stage regarding insurance/claim handling, please contact Shared Services, Karachi.


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2. CORPORATE FUNCTION FOR RISK ANALYSIS AND RESPONSIBILITIES

2.1 It is one of the functions of Shared Services to provide protection to all company business andassets against expected and unforeseen risk.

2.2 In order to meet the above requirement, the Shared Services Deptt. arranges insurance coverage at

corporate level to safeguard companys interest and limit unforeseen losses in conformity with the

International Insurance Guidelines of VVK Deptt. Siemens AG, Germany.

2.3 Shared Services Deptt also negotiates with insurance companies to make sure that proper and most

cost effective insurance coverage is in its place.

2.4 For this purpose annual policies are obtained at corporate level and all concerned department/

business units are informed accordingly.

2.5 We have provided the details of insurance policies regularly being taken by Shared Services

Department at Corporate level on yearly basis for various risks with brief description of its purpose

and to make business units aware of coverage available at corporate level and to make its

maximum utilization to safeguard our business energies i.e. ROCE.

2 6 Under these claim procedure guidelines an emphasis has been given towards major claim areas


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3. TYPES OF COVERAGES AVAILABLE

3.1 Corporate Policies

3.1.1

3.1.1.1

Fire

All Risk Property Damage

And Business Interruption

Policy:

Insurance program implemented through Siemens in house brokerSFS/VVK. It covers all assets of Siemens Pakistan including ThirdParty goods held in trust/repair, business interruption resulting dueto damage to property w.e.f. 01.10.2004.

All our fixed assets as per the FC records in the year 2004 wereassessed by professional evaluator M/s. Oceanic Surveyor (Pvt.) Ltd.Record basis of its sum insured is replacement cost. Interior decor

have been covered on the basis of covered area and stocks, rawmaterial, finished goods & semi finished goods, stocks in process.Gross Profit is based on report of FC and estimated third party goodsto be held in trust/repair provided by respective BUs and leaserentals & rental income by Shared Services.

These are submitted to Siemens Germany SFS Deptt. in April everyyear for Global arrangement of this coverage. This policy is issuedunder Siemens Global Property through leading insurer Zurich

Versicherung AG and their Local Fronting Partner M/s. AdamjeeInsurance Co. Ltd., with harmonized rates and with deductibles of10% of the loss amount subject to minimum Euro 50,000 andmaximum Euro 100,000 per occurrence for property damages and10% of the loss amount subject to minimum of Euro 250,000 andmaximum of Euro 2 million per occurrence for Business Interruptionclaim in excess are covered under Global Insurance Program.

3.1.1.2 Householder Policy: It covers Household effects and building of MD, CFO and ExecutiveDirectors residence as per list provided by them with Electrical

Clause B and also Household Effects and Building of Siemensowned/leased Beach Huts

3.1.2 Marine:

3 1 2 1 Open Policy for each Bank It covers imports from anywhere in the world to Pakistan and vice


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3.1.3.2.1 Stocks It covers all types of theft and burglary risk to our stocks, kept in ourpremises at any place in Pakistan to limited extend.

3.1.2.2.2 Office Machines and Allied

Equipment

It covers office machines and allied equipments includingcanteen/party domestic utility machines kept at different locationsuch as calculators, telephones sets and other portable machines etc.On estimated values being obtained by user deptt. yearly.

3.2 Policies At Department / Business Unit

3.2.1 Cash:

3.2.1.1 Cash-in-safe It covers cash-in-safe kept at different locations of Siemens Officesduly approved by Financial Controller. If cash-in-safe is increased asstated in the policy at any time or otherwise, extra coverage will

have to be obtained for which immediate written intimation is to begiven to Shared Services Deptt within office time prior to 4 PM.

3.2.1.2 Cash-in-Transit It covers cash-in-transit from banks to HO Branch Office ProjectSites residence and back to office by Siemens Employees. Cashcarried shall not be exceeded in any case i.e. the single loss limit Rs.5000. Amount more than Rs.500 and more shall be carried by atleast two persons in brief case and in companys hired or leasedvehicles.

3.2.1.3 Fidelity

Its blanket policy which covers cash fraud or dishonesty of ourpermanent and contract employees up to Rs.5000,000/- whichcontains cash limit fraud upto Rs. 2500,000&stocks limit up to Rs.2500,000/-

3.2.2 Contractor, Plant &

Machinery:

3.2.2.1 Mobile Crane Policy It covers loss or damages to our Engineering & Construction MobileCrane at Factory and Project sites and to third parties due to itsoperation whilst in transit any where in Pakistan.

3.2.2.2 Machinery Policy It covers our 135 KVA standby Generator installed at Ilaco HouseOffice compound for power failure and risk arose due to itsinstallation to third party property.

3.2.2.3 Machinery & Tools Policy This policy covers all risk to our Engineering and construction


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3.2.4 All Risk Policies:

3.2.4.1 Mobile Phones It cover (all risk) & losses to Siemens owned Mobile Phones,while transit, anywhere in Pakistan such as theft accidentaldamages etc.

3.2.4.2 Customer Engineering Work

Station & DiagnosticsEquipment & Notebooks

It covers all risks to our declared equipment being used by our

services & sales Engineers for diagnostic faults at customerpremises and project sites while performing maintenance & salespromotion jobs etc.

3.2.5 Workmen Compensation

Policy:

It covers accidental death, disability and compensation to workersnot been able to work on job due to accident or sickness. Itincludes our trainees, apprentices, contract employees working atvarious installation sites and workers employed by our sub-contractors as per existing Workmen Compensation Act.Maximum coverage under this policy is Rs. 200 for death anddisability.

3.2.6 Group Life Insurance Policy: It covers Siemens Pakistan Employees benefit due to Accidental,Death, Accidental Disability, Natural Disability and TerminalIllness as per employees category(Underwriter M/s. EFU General Insurance Ltd. of Pakistan)

3.2.7 Travel Health Policy: It provides coverage for emergency accidental medical treatments,urgent admission to hospital and eventual cost related to youremergency evacuation, death repatriation. A part from this direct

settlement of all hospitalization claims through out the world with(certain deductibles of US# 100 for accident & sickness medicalexpenses in Hospital & OPD plus it also provide coverage to lossof baggage, Passport baggage delay, personal liability, accidentaldeath(24) hours common carrier and permanent total disability.

It is now mandatory requirement for Germany & for many othercountries visas. Maximum coverage age is 64 years. For multitrippolicy maximum duration of coverage is 60 days per trip.

Every policy holder should sign on the last page of the policy fortravel assistance. Policy holder should contact on Ph. No. 1-800-626-2427 with in USA & Canada and on Ph No. 1-713-267-2525from any where else in the world all call charges on insuranceaccount


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4. INSURANCE CLAIMS

4.1 Procedure For Insurance Claims

4.1.1 Property Damage And Business Interruption

4.1.1.1 If any damage what so ever nature or fire breaks out at our any premises then immediatelythe concerned person should inform Shared Services, who will inform the underwriter about

the incident and lodged a provisional claim.

4.1.1.2 Lodge report with Police Station of jurisdiction in consultation with Shared Services.

4.1.1.3 Its survey will be managed at Karachi by Shared Services and for survey at Branch Offices;

the person incharge will arrange in consultation with the Regional Offices and will obtain asurvey report from he surveyor.

4.1.1.4 Insurance claim form shall be forwarded to the concerned person by Shared ServicesDepartment.

4.1.1.5 The person concerned will give all relevant information to Shared Services and will submitclaim form duly filled-in for onward submission to our under writers.

Shared Services will follow it up with insurer till claim is settled.

4.1.2 Following Documents Are Required In Case Of Claim:

4.1.2.1 Claim form duly filled-in , signed and stamped.

4.1.2.2 Fire Brigade Report in case of Fire.

4.1.2.3 Police Report (FIR).


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4.1.3 Marine

4.1.3.1 All claims against Marine policies are to be lodged by the respective BusinessUnits/Department and also to be settled by them at their end.

4.1.3.2 As soon as the consignment arrives, if its packing apparently seems damaged immediatelysurvey is to be arranged and preferably damaged packages shall be opened in the presence

of surveyor.

4.1.3.3 The survey should only be arranged with the authorized surveyor of Government and whichhave been appointed by our under writers a list of which is enclosed herewith theiraddresses.

4.1.3.4 In the event of losses or damages immediate notice shall be given to our underwriter and

survey report shall be obtained from the surveyor.

4.1.4 Procedure In Case Of Damages/Shortages Detected At Port.

4.1.4.1 Immediate intimation shall be given to shipping company request them to appoint surveyor

and also to insurance company for arrangement of joint survey/verification of effected itemsat port. This should be done within period of Three Days from date of arrival of ship/Aero

plane.

4.1.4.2 In short landing cargo case a short landing certificate shall be obtained from KPT (sea)Airfreight Unit (AIR) Shipper/Airline.

4.1.4.3 Claim shall be lodged with carrier, under intimation to insurer.

4.1.4.4 For assessment of loss, inform as and when the consignment reaches the Factory or finaldestination.


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4.1.5.7 Carrier/ship surveyors report in original.

4.1.5.8 Copy of all correspondence exchanged with carrier/airline.

4.1.5.9 Our claim bill in triplicate.

4.1.5.10 K.P.T final short landing certificate / Air freight unit Airline confirmation of short landing

in original.

4.1.6 Documents Required In Marine In Land Transit Claim i.e. (Within Cities And

Pakistan).

4.1.6.1 Immediate Intimation to Insurance Co. about the occurrence of loss and the place where theeffected/damaged consignment is lying.

4.1.6.2 Name of person to be contacted with telephone No. and extension thereof.

4.1.6.3 In case of theft obtain Police FIR from concerned (local jurisdiction) Authority.

4.1.6.4 Claim to be lodged on carrier/transporter.

4.1.6.5 Along with surveyor report following documents should be submitted.

4.1.6.5.1 Original Marine Policy/Insurance Certificate.

4.1.6.5.2 Copy of Invoice/dispatch note.

4.1.6.5.3 Our claim bill in triplicate.


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4.1.7 Accident

4.1.7.1 Vehicles Claims:

4.1.7.1.1 The driver of the vehicle/person incharge must immediately inform about the incident to thelocal (jurisdiction) Police Station and obtain First Information Report (FIR) which is must,in case of Road accident, theft & snatching cases.

4.1.7.1.2 Thereafter immediately the information must be given to Shared Services Department.

4.1.7.1.3 Shared Services upon receiving the accident information will lodge provisional claim to ourunder writer i.e. M/s. EFU.

4.1.7.1.4 The user of the vehicle/incharge obtain repair estimate from renowned workshop and shall

forward it to Shared Services.

4.1.7.1.5 Upon receiving the estimate cost of vehicle repair Shared Services shall evaluate that

whether repair of vehicle is beneficial to the company or not through comparative costcalculation as per specimen enclosed as per Annexure A & B. If repair cost is less then

No Claim Bonus value, Shared Services will advise the concerned Deptt to get the vehicle

repaired in Co.s Account i.e. without lodgment of insurance claim through Shared Services(Transport Deptt) in case where repair cost is more then NCB, immediately survey of the

car will be arranged by Shared Services Department

4.1.7.1.6 After survey has been carried approval for getting the repair of the vehicle will be given byShared Services thereafter car will be sent for repair to workshop.

4.1.7.1.7 It is the responsibility of the vehicle user department/driver to obtain and send all repairersbills & satisfaction note duly signed to Shared Services Department.

4.1.7.1.8 Shared Services will complete the prescribed vehicle claim form and submit it along with


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ANNEXURE-A

To Vehicle Claim

Dated:

Sum Insured 1,256,000

Damages Parts to be replaced Repair

1 As per estimate enclosed 0 Labour/Denting & 7,000

2 Sales Tax 15% 0 Painting Charges

0

3 Less: Depreciation on Parts (10%) 00 7,000

a. Present No Claim Bonus ( %) 0b. Lose on NCB next year (10%) 4,082

Payment to be made by insured: (Siemens)

a. Payment on Parts (10% Depreciation) 0

b. Less on A/C NCB 10% from existing and 4,082

+10% to be lost in succeeding year

i.e. 2007-2008 which will receivedif we do not claim 4,082

8,164

Net Loss

Payment to be made by insurer: (M/s. EFU)

On parts Cost 0

Labour Charges & Repair Charges 7,0007,000

Net loss in case of vehicle repair under insurance claim -1,164a. Not to be Claimed

b T b Cl i d

Vehicle accident dated ____________Repair Position of Toyota Altis, Model 2006, Reg. No.____________

User _______________

SPECIMEN


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ANNEXURE-B

To Vehicle Claim

Dated:Sum Insured 1,133,000

Damages Parts to be replaced Repair

1 As per estimate enclosed 8,370 Labour/Denting & 7,000

2 Sales Tax 15% 1,256 Painting Charges

9,626

3 Less: Depreciation on Parts (60%) 5,7763,850 7,000

a. Present No Claim Bonus (20%) 7,369b. Lose on NCB next year (10%) 3,684

Payment to be made by insured: (Siemens)

a. Payment on Parts (60% Depreciation) 5,775

b. Less on A/C NCB 10% from existing and 3,684

+10% to be lost in succeeding year

i.e. 2007-2008 which will receivedif we do not claim 3,684

13,143

Net Loss

Payment to be made by insurer: (M/s. EFU)

On parts Cost 3,851

Labour Charges & Repair Charges 7,000

10,851

Net loss in case of vehicle repair under insurance claim -2,292a. Not to be Claimed

b To be Claimed

Vehicle accident dated ____________Repair Position of Toyota Hilux, Model 2002, Reg. No.____________

User _______________

SPECIMEN


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4.1.7.2 Documents Required In Motor Claims Settlement

4.1.7.2.1 In Case Of Partial Loss:

4.1.7.2.1.1 Copy of Registration Book.

4.1.7.2.1.2 Copy of Driving License.

4.1.7.2.1.3 Claim Form duly filled-in & signed.

4.1.7.2.1.4 Final Repairers Bills.

4.1.7.2.1.5 Parts Bill.

4.1.7.2.1.6 Satisfaction Note.

4.1.7.2.1.7 Police Report in case of theft of accessories/other vehicle items.

4.1.7.2.1.8 Depreciation on vehicles replacement parts will be charged as per policy i.e. 10% to 60%

maximum.

4.1.7.2.2 In Case Of Third Party Claim

4.1.7.2.2.1 Police Report.

4.1.7.2.2.2 Deed of Agreement.

4.1.7.2.2.3 Copy of Insurance Policy of 3rd party vehicle.

4.1.7.2.2.4 Copy of Registration Book of 3rd party vehicle.


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4.1.7.2.3.4 Purchase Invoice

4.1.7.2.3.5 Ignition Key.

4.1.7.2.3.6 Transfer letter on letterhead from registered owner.

4.1.7.2.3.7 Letter of subrogation on stamped paper of Rs. 50/- attested by first class magistrate and 4.

executed by registered owner of vehicle.

4.1.7.2.3.8 Original final Police report.

4.1.7.2.3.9 Original insurance policy (not in our case as we have schedule policy for our entire fleet of

vehicles).

4.1.7.2.3.10 Copy of driving license & CNIC.

4.1.7.2.4 Documents Required In Case Of Total Loss:

4.1.7.2.4.1 Original all tax payment sheets.

4.1.7.2.4.2 Original excise and taxation record (if vehicle older than 2000 than this document notrequired).

4.1.7.2.4.3 Open transfer letter from registered owner of vehicle.

4.1.7.2.4.4 Purchase Invoice.


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4.1.8 All Risk Policies Claim: Insurance claim falling under these policies shall be reported toShared Services who will arrange its registration:

4.1.8.1 Mobile Phone: Shared Services shall arrange its survey in coordination with concerned

BU/affected staff and will follow-up till settlement of claim.

4.1.8.1.1 Mobile Phone (Partial Loss)

4.1.8.1.1.1 Claim Form, duly filled-in, signed and stamped by us.

4.1.8.1.1.2 Statement narrating the circumstances of loss.

4.1.8.1.1.3 Repair Bill.


4.1.8.1.2 Mobile Phone (Total Loss)

4.1.8.1.2.1 Claim Form, duly filled-in, signed and stamped by us.

4.1.8.1.2.2 Statement narrating the circumstances of loss.

4.1.8.1.2.3 Evidence/Certificate of mobile being irrepairable


4.1.8.1.2.5 Salvage to be handed over to insurance company.

4.1.8.1.2.6 Claim amount subject to market value clause.


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4.1.8.2 Householder Claims

4.1.8.2.1 Claim Form, duly filled-in, signed and stamped by us.

4.1.8.2.2 Fire Brigade Report (in case of fire).

4.1.8.2.3 Police Report.

4.1.8.2.4 Replacement/Re-shaping bill.

4.1.8.2.5 Purchase Invoice

4.1.8.2.6 Newspaper Cutting (in case of Fire and theft)

4.1.8.2.7 Metrological Report (In case of Atmospheric disturbance)

4.1.8.2.8 Statement narrating the circumstances of loss.

4.1.8.3 Workmen Compensation Claim: Claim falling under Workmen Compensation policy

shall be notified immediately to our insurer M/s. EFU under intimation to Shared ServicesDeptt. who will assist and coordinate in arrangement of survey. Following documents are

required for settlement of its claim:

4.1.8.3.1 Injury/Disability Claim

4.1.8.3.1.1 Claim Form duly filled-in, signed and stamped by you.

4.1.8.3.1.2 Original Police FIR


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4.1.8.3.2 Death Claim

4.1.8.3.2.1 Claim Form duly filled-in, signed and stamped by you.

4.1.8.3.2.2 Original Police FIR.

4.1.8.3.2.3 Original Death Certificate.

4.1.8.3.2.4 Attested copy of CNIC of the deceased worker.

4.1.8.3.2.5 Accident Report (Newspaper cutting, if any).

4.1.8.3.2.6 Copy of valid appointment letter.

4.1.8.3.2.7 Original Postmortem report.

4.1.8.3.2.8 Complete detail of deceased treatment given at hospital.

4.1.8.3.2.9 Memorandum of agreement duly signed and stamped by the Commissioner of Workmens

Compensation.

4.1.8.3.2.10 Original Receipt from Office of Workmens Compensation Commissioner.

4.1.8.3.2.11 Any additional information which surveyor may need in relation with particular claim.

4.1.9 Product And Public Liability: Claims arising under this policy shall immediately be

reported to Shared Services Department with maximum possible details. Its claim shall belodged by Shared Services Dept. No commitment shall be made with the third party for

compensation of the losses until and unless our claim has been accepted by the InsuranceCompany.


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4.1.10 Claim Procedure For Burglary And Theft Insurance Policy: Immediately after the

knowledge of any above incident is received by the concerned person, the matter should bereported to the local police station and FIR to be obtained. The moment information is

received by the person concerned about the incident the same is to be conveyed to SharedServices Deptt . Shared Services Deptt. will immediately inform the underwriters and lodgeprovisional claim. Thereafter detailed statement of loss or damage with one estimate of the

market value of each article cost and the amount of damages sustained is submitted to ourinsurer along with claim form. Shared Services Deptt. follows it with the insurance

company till the payment is realized.

4.1.10.1 Burglary Insurance Claim Settlement

4.1.10.1.1 Claim form duly filled- in, signed and stamped by Shared Services Deptt is sent to lossincurring department.

4.1.10.1.2 Statement narrating the circumstances of loss.

4.1.10.1.3 Purchase Invoice of items stolen.

4.1.10.1.4 Original Police FIR.

4.1.11 Claim Settlement Of Cash-in-Safe

4.1.11.1 Claim form duly filled-in, signed and stamped by Shared Services Deptt.

4.1.11.2 Original FIR.

4.1.11.3 Statement narrating the circumstances of loss.


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4.1.12 Claim Settlement Of Cash-in-Transit


4.1.12.2 Original FIR.

4.1.12.3 Statement mentioning the circumstances of loss.

4.1.12.4 Bank Statement.

4.1.12.5 NIC copy of the person from whom cash is snatched or lost.

4.1.12.6 Cash Book.

4.1.12.7 Copy of encashed cheque.

4.1.12.8 Bank certificate regarding the transactions and clearance of cheque.

4.1.12.9 Invoices against which payment to be made or received.

4.1.13 Claim Settlement Of Fidelity Guarantee

4.1.13.1 Original Police FIR


4.1.13.3 Statement of occurrence giving therein date, time and circumstances of loss.

4.1.13.4 Copy of appointment letter of the concerned employee (s)


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5. EAR means Erection All Risk insurance, it is Branch of Engineering Insurance, it coverscomprehensive protection against all risks involved in the erection of Machinery, Plant

and Steel of any kind as well as Third Party claim regarding Property damage or Bodilyinjury arising in relation with execution of an erection project.

The insured under EAR Policy is normally:

The manufacturer or supplier of Machinery or plant if he carries out erection work or

responsible for it.

The Firm commissioned with erection.

The purchaser of the Machinery or Plant to be erected.

5.1 EAR Coverage: An EAR insurance provides wider cover almost against any sudden andunforeseen loss or damage occurring to the property insured on the erection side during the

period of insurance will be compensated. The insurance company will compensate loss ordamage arising due to following causes:

5.1.1 Fire lighting, explosion .

5.1.2 Flood, Inundation.

5.1.3 Wind Storm of any kind.

5.1.4 Earthquake.

5.1.5 Theft, Burglary.

5.1.6 Faults in Erection.

5.1.7 Negligence, lack of skill, lack of experience, malicious act.


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5.1.10.1 Loss or damage due to faulty design defective material or casting, and/or BadWorkmanship.

5.1.10.2 In cases where the manufacturer of the machinery or plant to be erected is at the same time

commissioned with erection work and named in the policy as insured. It is possible includeabove resultant physical damage in respect of the insured items due to above mentionedcauses (with additional premium) here in any case it does not cover expenses for removing

(rectifying) the original fault if such fault had been discovered before the loss occurred arestill excluded from cover.

5.1.10.3 Loss or damage due to will full acts or will full negligence of the insured or itsrepresentatives.

5.1.10.4 Loss or damage due to War or war like operations, civil commotions of any kind as well as

acts on the part of strikes and lock out person. Consequential loss of any kind such asclaims from penalties, losses due to delay, lack of performance loss of contract.

5.1.10.5 Loss or damages due to Nuclear reaction, radiation, radioactive contamination.

EAR coverage starts directly after the un loading of the items to be insured at Site and

continues until the erection work and testing operation has been completed. It thereforeincludes loss or damages during storage during the period of erection, test operation or test

loading. The maximum risk under EAR policy is at the time of its testing andcommissioning of the project and all risks are transferred to owner after obtaining of FAC

(Final Acceptance Certificate).

In addition it is possible to include a maintenance period.

5.2 Maintenance Visit Cover


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Please note that Theft, Fire, Earthquake risk etc. are not covered during maintenance periodof EAR Policies. Only faults developed during erection period but detected during

maintenance period are covered provided extended maintenance cover has been taken.

Premium is normally tailor-made and in order to arrive at a premium rate proportionatewith the risk from an engineering point of view. The insured must supply following for

obtaining an EAR cover which forms the basis of cover. It is essential for the insurer toobtain full particulars such as:

5.4.1 Technical specifications of the relevant project, the contract price, the value of the items to

be erected.

5.4.2 Information on the experience of the erection firm with similar projects.

5.4.3 A flow chart of the production process, a layout plan (with a view to third-party liability).

5.4.4 The geological, hydrological and meteorological data on the erection site.

5.4.5 The supply and erection time schedule, details on pre-storage facilities.

5.4.6 Guard services, fire-fighting facilities.

5.5 Erection All Risk Policies: The claim arising against Erection All Risk / Engineeringpolicies are to be registered and simultaneously settled by concerned Business Unit /

Engineering Construction Department.


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5.5.2 Documents Required For Engineering Claims:

5.5.2.1 Claim form duly filled-in, signed and stamped by concerned department.

5.5.2.2 Repair/Replacement bills.

5.5.2.3 Technical Report by surveyor.

5.5.2.4 Statement narrating the circumstances of loss.

5.5.2.5 Purchase Invoices of replaced items.

5.5.2.6 Police FIR (in case of theft)

6. CLAIM PROCEDURE UNDER GROUP LIFE INSURANCE POLICY:

If any incident happens to any person named under the policy, if incident is of a worker,

immediately IR Deptt should report the happening to M/s. EFU General Insurance directly,under intimation to Shared Service Deptt. Similarly if incident happen to any staff member

of the company same function is to be performed by Human Resources deptt under

intimation to Shared Services Deptt.

6.1 Documents Required In Case Of Natural Death

6.1.1 Claimant Statement (To be completed by the Employer).

6.1.2 Attending Physicians Report (To be completed by the Doctor who attended by the last

time).

6.1.3 Copy of death certificate issued by the Union Council.


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6.2.6 Postmortem Report. If conducted.

6.3 Accidental Disability/Fortnightly Income Benefit Requirements

6.3.1 Claimant Statement (to be completed by the Employer).

6.3.2 Member Statement (to be completed by the Employer).

6.3.3 Attending Surgeons Statement (to be completed by the doctor).

6.3.4 X-Ray film and radiologist report if fracture and amputation has occurred.

6.4 Natural Disability Requirements

6.4.1 Claimant Statement (to be completed by the Employer).

6.4.2 Attending Physicians Statement (to be completed by the doctor).

6.4.3 Copies of all medical test reports with details of treatment.

6.4.4 Information through employer regarding date of joining & last date of duty.

6.5 Terminal Illness Requirements

6.5.1 Attending Physicians Statement (to be completed by the doctor).

6.5.2 Copies of all medical test report with details of treatment.


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7. INSURANCE CLAIM REGISTRATION FORM

M/s. EFU General Insurance Ltd.,

8th Floor, Business Plaza,

Mumtaz Hassan Road,

Off I.I. Chundrigar Road,Karachi-74000

Ph No. 021-2428965-69

Fax: 021-2428119 & 2428290

Sub: Marine Vehicle Fire

EAR Other

Insurance Policy/Certificate No. ________________________________________________

We regret to inform you that following items have been damaged/stolen/snatched:

1. Description of Items

2. Location/Address where items arelying/available

3. Circumstances of Loss/Accident.4. Reference No. (Department)

5. Contact Person

6. Phone Number


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8. TRAVEL & HEALTH INSURANCE REGISTRATION FORM

NEW HAMPSHIRE INSURANCE COMPANYA MEMBER COMPANY OF AMERICAN INTERNATIONAL GROUP2

ndFloor, Finlay House, I.I. Chundrigar Road, Karachi, Ph: 111-111-244 fax:2400723

TRAVEL INSURANCE APPLICATION FORM

Insured Name: Age:

Address Ph:

Name of beneficiary Relationship

Address

Whether traveling abroad for medical treatment YES: NO:

Selected Plan: Type(Ind/Fam:) (if family, give names)

Spouse Child 1: Child 2: Child 3:


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9. PANEL OF INSURANCE SURVEYORS

REGION NAME & ADDRESS TELEPHONES FAX TYPE OF CALIM

Karachi Linkspak Surveyors (Pvt.) Ltd.,

Room No. A8/D, 2nd

Floor, MeherSon Estate, Talpur Road.

021-2470413,

0212470414

021-2422565 Vehicles / Marine

Karachi Supreme Maritime Surveyors

No. 17 Ground Floor Business Plaza,

Mumtaz Hassan Road

021-2422904 021-2422905 Marine/Misc.

Karachi Hanlay & Co.

2nd

Floor State Life Building No. 7,

Giallana Road.

021-2316998

021-2200996

021-2310931 Fire/Eng./Misc.

Karachi Triangle Ventures Pvt. Ltd. 021-2852780-1 021-2851231 Engineering

Karachi Worldwide Surveyors

Room No. ONB/A-8/A, 2nd

Floor,

Meher Son Estate, Talpur Raod.

021-2423833

021-2425624

021-2413244 Vehicle

Karachi Saulat & Co. 021-4979929 021-4821679 Vehicle

Lahore Hamid Mukhtar & Co. (Pvt.)Ltd.,

14-Q, Gulberg -2, Lahore -5660

042-5760571 042-5771770 Fire/Eng./Misc./Marine

Lahore Ali Murtuza & Co. 042-6300454 042-6300455 Eng./Marine

Rawalpindi/Islamabad

NPM Islamabad.Office One, Block 13-O Markaz F-7,

Islamabad

051-2650756 051-2650757 Fire/Eng./Marine/Misc.


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10. INSURANCE PREMIUM RATES

S.No. Description Premium Special

Rate Being Charged Discount

1 Motor 2.50% -

2 Erection All Risk for various Projects 0.19% -

3 Manufacturing & Guarantee Risk for Transformer 0.36% 15%

4 Public Liability Insurance 0.50% 15%

5 Marine

a) Import / Export 0.20% -

b) Inland 0.075% -

M/s. Siemens Pakistan Engineering Company Ltd


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11.1 Rates For Imports

Sr.

No. Commodities Mode of Packing Sea % Truck % Air %

Old Rate New Rate Old Rate New Rate Old Rate New Rate

1 Air-conditioning Equipment Wooden Cases 0.3 0.2 0.3 0.2 0.3 0.2

2 Air Current Relays Cases 0.3 0.2 0.3 0.2 0.3 0.2

3 Angle Iron Loose 0.3 0.2 0.3 0.2 0.3 0.2

4 Assembled Switchgears ] 0.3 0.2 0.3 0.2 0.3 0.2

HT/LT Panels and ] Wooden Cases

Distribution Boards ]

5 Cables (Heating Resistance) Drums/Coils 0.3 0.2 0.3 0.2 0.3 0.2

6 Cables & Wires (Other) Drums/Coils 0.3 0.2 0.3 0.2 0.3 0.2

7 Cardiograms Cases 0.3 0.2 0.3 0.2 0.3 0.2

8 Cold Rolled Steel Skids 0.3 0.2 0.3 0.2 0.3 0.29 Hot Rolled Steel Skids 0.3 0.2 0.3 0.2 0.3 0.2

10 Copper Bus bars Rolls 0.3 0.2 0.3 0.2 0.3 0.2

11 Copper Wire Coils 0.3 0.2 0.3 0.2 0.3 0.2

12 Dental Equipment Parts Cases 0.3 0.2 0.3 0.2 0.3 0.2

and accessories

13 Electrical Equipment Cases 0.3 0.2 0.3 0.2 0.3 0.2

14 Electrical Motors Cases 0.3 0.2 0.3 0.2 0.3 0.2

15 Electrical Parts & accessories Cases 0.3 0.2 0.3 0.2 0.3 0.2

16 Electro medical Equipment Cases 0.3 0.2 0.3 0.2 0.3 0.2

apparatus and appliances

17 Fragile Items: Cases

- Monitors 0.3 0.2 0.3 0.2 0.3 0.2

- Bulbs 0.3 0.2 0.3 0.2 0.3 0.2

- Glass Items 0.3 0.2 0.3 0.2 0.3 0.2

-Porcelain Insulators 0.3 0.2 0.3 0.2 0.3 0.2

- Valves & Vaccumetic Tubes 0.3 0.2 0.3 0.2 0.3 0.2

- X-Ray Tubes 0.3 0.2 0.3 0.2 0.3 0.2

- Other Fragile Items 0.3 0.2 0.3 0.2 0.3 0.2

18 Fuses Cases 0.3 0.2 0.3 0.2 0.3 0.2

19 Generators Cases 0.3 0.2 0.3 0.2 0.3 0.2

20 Insulating Material Cases 0.3 0.2 0.3 0.2 0.3 0.221 Laboratory Equipment Cases 0.3 0.2 0.3 0.2 0.3 0.2

22 Meters Wooden Cases 0.3 0.2 0.3 0.2 0.3 0.2

23 Meters Parts Wooden Cases 0.3 0.2 0.3 0.2 0.3 0.2

24 Motor Control Centers Cases 0 3 0 2 0 3 0 2 0 3 0 2

For Imports


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11.2 Rates For Dispatches With In Pakistan

Sr.No. Commodities Mode of Packing Train % Truck % Air %

Old Rate New Rate Old Rate New Rate Old Rate New Rate

1 Airconditioning Equipment Wooden Cases 0.1 0.075 0.1 0.075 0.1 0.075

2 Air Current Relays Cases 0.1 0.075 0.1 0.075 0.1 0.075

3 Angle Iron Loose 0.1 0.075 0.1 0.075 0.1 0.075

4 Assembled Switchgears ] 0.1 0.075 0.1 0.075 0.1 0.075

HT/LT Panels and ] Wooden Cases

Distribustion Boards ]

5 Cables (Heating Resistance) Drums/Coils 0.1 0.075 0.1 0.075 0.075

6 Cables & Wires (Other) Drums/Coils 0.1 0.075 0.1 0.075 0.075

7 Cardiograms Cases 0.1 0.075 0.1 0.075 0.0758 Cold Rolled Steel Skids 0.1 0.075 0.1 0.075 0.075

9 Hot Rolled Steel Skids 0.1 0.075 0.1 0.075 0.075

10 Copper Busbars Rolls 0.1 0.075 0.1 0.075 0.075

11 Copper Wire Coils 0.1 0.075 0.1 0.075 0.075

12 Dental Equipment Parts & accessories Cases 0.1 0.075 0.1 0.075 0.1 0.075

13 Electrical Equipment Cases 0.1 0.075 0.1 0.075 0.1 0.075

14 Electrical Motors Cases 0.1 0.075 0.1 0.075 0.1 0.075

15 Electrical Parts & accessories Cases 0.1 0.075 0.1 0.075 0.1 0.075

16 Electromedical Equipment Cases 0.1 0.075 0.1 0.075 0.1 0.075

apparatus and appliances

17 Fragile Items: Cases- Monitors 0.1 0.075 0.1 0.075 0.1 0.075

- Bulbs 0.1 0.075 0.1 0.075 0.1 0.075

- Glass Items 0.1 0.075 0.1 0.075 0.1 0.075

-Procelain Insulators 0.1 0.075 0.1 0.075 0.1 0.075

- Valves & Vaccumetic Tubes 0.1 0.075 0.1 0.075 0.1 0.075

- X-Ray Tubes 0.1 0.075 0.1 0.075 0.1 0.075

- Other Fragile Items 0.1 0.075 0.1 0.075 0.1 0.075

18 Fuses Cases 0.1 0.075 0.1 0.075 0.1 0.075

19 Generators Cases 0.1 0.075 0.1 0.075 0.1 0.075

20 Insulating Material Cases 0.1 0.075 0.1 0.075 0.1 0.075

21 Laboratory Equipment Cases 0.1 0.075 0.1 0.075 0.1 0.075

22 Meters Wooden Cases 0.1 0.075 0.1 0.075 0.1 0.075

23 Meters Parts Wooden Cases 0.1 0.075 0.1 0.075 0.1 0.075

24 Motor Control Centers Cases 0.1 0.075 0.1 0.075 0.1 0.075

25 M C l C 0 1 0 075 0 1 0 075 0 1 0 075

For Despatches within Pakistan


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11.3 Rates For Dispatches With In Cities

Sr.

No. Commodities Mode of Packing %

Old Rate New Rate

1 Airconditioning Equipment Wooden Cases 0.1 0.075

2 Air Current Relays Cases 0.1 0.0753 Angle Iron Loose 0.1 0.0754 Assembled Switchgears ]

HT/LT Panels and ] Wooden CasesDistribustion Boards ]

5 Cables (Heating Resistance) Drums/Coils 0.1 0.0756 Cables & Wires (Other) Drums/Coils 0.1 0.0757 Cardiograms Cases 0.1 0.0758 Cold Rolled Steel Skids 0.1 0.0759 Hot Rolled Steel Skids 0.1 0.075

10 Copper Busbars Rolls 0.1 0.07511 Copper Wire Coils 0.1 0.07512 Dental Equipment Parts and accessories Cases 0.1 0.07513 Electrical Equipment Cases 0.1 0.07514 Electrical Motors Cases 0.1 0.07515 Electrical Parts & accessories Cases 0.1 0.07516 Electromedical Equipment Cases 0.1 0.075

apparatus and appliances 0.1 0.07517 Fragile Items: Cases

- Monitors 0.1 0.075

- Bulbs 0.1 0.075- Glass Items 0.1 0.075-Procelain Insulators 0.1 0.075- Valves & Vaccumetic Tubes 0.1 0.075- X-Ray Tubes 0.1 0.075- Other Fragile Items

18 Fuses Cases 0.1 0.07519 Generators Cases 0.1 0.07520 Insulating Material Cases 0.1 0.07521 Laboratory Equipment Cases 0.1 0.075

22 Meters Wooden Cases 0.1 0.07523 Meters Parts Wooden Cases 0.1 0.07524 Motor Control Centers Cases 0.1 0.07525 Motor Control gears Cases 0.1 0.07526 M C l U i C 0 1 0 075


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11.4 Rates For Exports

Sr.No. Commodities Mode of Packing Sea % Air %

Old Rate New Rate Old Rate New Rate

1 Airconditioning Equipment Wooden Cases - -2 Air Current Relays Cases - -3 Angle Iron Loose - -4 Assembled Switchgears ]

HT/LT Panels and ] Wooden Cases 0.3 0.2 0.3 0.2Distribustion Boards ]

5 Cables (Heating Rsistance) Drums/Coils - -

6 Cables & Wires (Other) Drums/Coils - -7 Cardiograms Cases - -8 Cold Rolled Steel Skids - -9 Hot Rolled Steel Skids - -

10 Copper Busbars Rolls - -11 Copper Wire Coils - -12 Dental Equipment Parts Cases - -

and accessories13 Electrical Equipment Cases - -14 Electrical Motors Cases - -15 Electrical Parts & accessories Cases - -

16 Electromedical Equipment apparatus&appliances Cases - -

17 Fragile Items: Cases - -- Monitors - -- Bulbs - -- Glass Items - --Procelain Insulators - -- Valves & Vaccumetic Tubes - -- X-Ray Tubes - -- Other Fragile Items - -

18 Fuses Cases 0.3 0.2 0.3 0.219 Generators Cases - -

20 Insulating Material Cases - -21 Laboratory Equipment Cases - -22 Meters Wooden Cases - -23 Meters Parts Wooden Cases - -24 Motor Controls Centers Cases


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Sr.

No. Month Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) laims (Nos.) (Rs.) laims (Nos.) (Rs.)

1 Oct. 2005 00 00 02 125,596.00 00 - 00 00 01 3,060.00 00 128,656.00

2 Nov. 2005 00 00 01 179,820.00 10 203,436.00 00 00 00 - 11 383,256.00

3 Dec. 2005 00 00 05 1,533,832.00 01 520,000.00 00 00 01 95,000.00 07 2,148,832.00

4 Jan. 2006 00 - 04 395,791.00 01 8,000.00 00 - 01 716,860.00 06 1,120,651.00

5 Feb. 2006 00 00 01 167,000.00 00 - 00 00 01 8,688.00 02 175,688.00

6 Mar. 2006 00 00 03 1,063,952.00 02 140,052.00 00 00 01 235,388.00 06 1,439,392.00

7 April 2006 00 - 06 1,684,682.00 00 - 00 00 02 2,327,160.00 08 4,011,842.00

8 May 2006 00 00 03 307,000.00 18 393,811.00 00 00 00 - 21 700,811.00

9 June 2006 00 00 01 85,000.00 03 864,128.00 00 00 00 - 04 949,128.00

10 July 2006 00 00 04 1,306,546.00 07 154,350.00 00 00 00 - 11 1,460,896.00

11 Aug. 2006 00 00 03 1,304,792.00 09 147,489.00 00 00 00 - 12 1,452,281.00

12 Sept. 2006 00 00 04 3,176,765.00 09 5,377,416.00 01 7,438,000.00 02 430,000.00 16 16,422,181.00

00 - 37 11,330,776.00 60 7,808,682.00 01 7,438,000.00 09 3,816,156.00 104 30,393,614.00

12. Detail of Insurance Claims settled during 1st October 2005 to 30th September 2006

Fire Marine Vehicle Engineering Miscellaneous Total

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Sr.

No. Month Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) laims (Nos.) (Rs.) Claims (Nos.) (Rs.) Claims (Nos.) (Rs.)

1 Oct. 2005 00 00 01 111,000.00 00 00 01 14,596.00 00 00 01 3,060.00 03 128,656.00

2 Nov. 2005 03 68,155.00 02 196,222.00 01 18,582.00 00 - - - 05 100,297.00 11 383,256.00

3 Dec. 2005 01 520,000.00 01 32,976.00 03 327,177.00 01 1,173,679.00 - - 01 95,000.00 07 2,148,832.00

4 Jan. 2006 01 8,000.00 00 - 03 320,791.00 01 75,000.00 - - 01 716,860.00 06 1,120,651.00

5 Feb. 2006 00 00 00 - 01 167,000.00 00 - - - 01 8,688.00 02 175,688.00

6 Mar. 2006 01 60,052.00 01 80,000.00 03 1,063,952.00 01 235,388.00 - - 00 - 06 1,439,392.00

7 April 2006 00 00 02 1,971,850.00 05 1,392,832.00 00 00 00 00 01 647,160.00 08 4,011,842.00

8 May 2006 04 137,345.00 02 23,073.00 03 174,200.00 03 171,683.00 - - 09 194,510.00 21 700,811.00

9 June 2006 01 85,000.00 00 - 01 7,580.00 01 841,000.00 - - 01 15,548.00 04 949,128.00

10 July 2006 02 28840 00 - 04 1,306,546.00 03 65,830.00 - - 02 59,680.00 11 1,460,896.00

11 Aug. 2006 06 151,625.00 01 54,836.00 03 1,229,660.00 00 - - 02 16,160.00 12 1,452,281.00

12 Sept. 2006 03 415,878.00 02 112,560.00 07 10,640,893.00 01 49,507.00 - - 03 5,203,343.00 16 16,422,181.00

22 1,474,895.00 12 2,582,517.00 34 16,649,213.00 12 2,626,683.00 00 - 27 7,060,306.00 107 30,393,614.00

13. View of Division wise Insurance Claims settlement during 1st October 2005 to 30th September 2006

TotalISP DIVISION A&D DIVISION PTD DIVISION COM DIVISION MTS MGM/GEN

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Sr.

No. Month Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) laims (Nos.) (Rs.) laims (Nos.) (Rs.)

1 Oct. 2006 00 00 01 396,981.00 00 - 00 00 01 200,000.00 02 596,981.00

2 Nov. 2006 00 00 05 2,537,257.00 04 999,889.00 00 00 02 1408970 11 4,946,116.00

3 Dec. 2006 00 00 00 - 02 192,983.00 00 00 00 - 02 192,983.00

4 Jan. 2007 00 - 04 178,900.00 00 - 03 791,845.00 01 140,000.00 08 1,110,745.00

5 Feb. 2007 00 00 02 882,617.00 04 686,031.00 00 00 00 - 06 1,568,648.00

6 Mar. 2007 00 00 02 340,000.00 02 84,135.00 00 00 02 400,000.00 06 824,135.00

7 April 2007 00 - 05 1,472,927.00 05 186,876.00 01 3,964.00 04 588,191.00 15 2,251,958.00

8 May 2007 00 00 04 1,896,714.00 00 - 01 485,000.00 01 72,000.00 06 2,453,714.00

9 June 2007

10 July 2007

11 Aug. 2007

12 Sept. 2007

00 - 23 7,705,396.00 17 2,149,914.00 05 1,280,809.00 11 2,809,161.00 56 13,945,280.00

14. Detail of Insurance Claims settled during 1st October 2006 to 31st May 2007

Fire Marine Vehicle Engineering Miscellaneous Total

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Sr.

No. Month Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) Claims (Nos.) (Rs.) Claims (Nos.) (Rs.)

1 Oct. 2006 00 00 01 200,000.00 00 00 01 396,981.00 00 - 00 - 02 596,981.00

2 Nov. 2006 03 1,475,875.00 00 - 04 1,603,712.00 03 957,559.00 00 - 01 908,970.00 11 4,946,116.00

3 Dec. 2006 00 - 00 - 00 00 01 150,653.00 00 - 01 42,330.00 02 192,983.00

4 Jan. 2007 01 61,900.00 02 49,000.00 02 791,845.00 00 - 00 - 03 208,000.00 08 1,110,745.00

5 Feb. 2007 00 00 01 570,000.00 02 882,617.00 02 37,547.00 00 - 01 78,484.00 06 1,568,648.00

6 Mar. 2007 01 275,000.00 01 65,000.00 01 53,615.00 01 30,520.00 00 - 02 400,000.00 06 824,135.00

7 April 2007 03 123695 01 127,191.00 07 1494631 00 - 00 - 04 506,441.00 15 2,251,958.00

8 May 2007 02 557,000.00 00 - 04 1896714 00 - 00 - 00 - 06 2,453,714.00

9 June 2007

10 July 2007

11 Aug. 2007

12 Sept. 2007

10 2,493,470.00 06 1,011,191.00 20 6,723,134.00 08 1,573,260.00 00 - 12 2,144,225.00 56 13,945,280.00

EMA & TSCOM DIVISIONA&D DIVISION PTD DIVISION MGM/GEN

15. View of Division wise Insurance Claims settlement during 1st October 2006 to 31st May 2007

TotalISP DIVISION

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