It is deductible type policy
a.
$5,000 4 1/24 of total amount of insurance coverage (not
to exceed $75,000) for power reactor installations and
nuclear fuel plants
b.
$2,500 4 1/4% of total amount of insurance coverage (not
to exceed $25,000) for all other NEPIA coverage
NEPIA will write following policy endorsements, generally at
additional premium
a.
Earthquake assumption
b.
Premium adjustment endorsement to provide for fluctuations
in property value
c.
Extension of policy to include coverage for property of
reactor owner off described premises of reactor installation
(1)
Such contamination must result from incident involving
insured reactor
Business interruption coverage
a.
Provided in conventional situations by rider to physical
damage policy
b.
Covers loss of profit and necessarily continuing expenses
ec.
Coverage not available at present to operators of power
reactors
Rates for nuclear installations established by Nuclear Insurance
Rating Bureau
“™
a.
Nuclear power installations
18 - 3