b.
If coverage is immediately necessary it is provided by
binder or by attaching endorsement to basic policy on a
"sub ject-to-rate" basis
ec.
Local rating bureau is requested to recognize additional
coverage by adjusting fire rate applicable to subject
property through application of a special schedule
Insuring against damage to nuclear installations
1.
Insurance coverage for physical damage to installation is
available
Nuclear Energy Property Insurance Association and Mutual Atomic
Energy Reinsurance Pool offer combined coverage up to about $50
million per installation
Installations eligible for coverage
a.
Reactor installations
b.
Nuclear fuel plants
ec.
Nuclear fuel in transit
d.
Other installations using substantial quantities of radioisotopes or spent fuel elements
Standard policy offered is an all-risk type but excludes:
a.
Perils of war
b.
Floods
c.
Earthquakes
d.
Certain customary inland marine and boiler and machinery
features
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O® ARCHIVES