(2)
Will cover only liability resulting from radiation
hazards
(a)
For full coverage, a conventional liability
policy will also have to be purchased
(3)
To avoid pyramiding of coverage, single policy will
cover liability of operator of nuclear facility and
all suppliers up to limit of policy
(4)
If operator purchases full amount offered by syndicate,
no other insurance against liability for radiation
damage available
(5)
$60 million private insurance available should cover
all but most serious accidents
(6)
Total far short of amount of liability which might
result from catastrophic accident
ob.
Indemnity provisions of Atomic Energy Act
(1)
Licensees subject to financial protection requirements of Act required to furnish financial protection
for public liability arising out of a nuclear incident
(a)
For research reactors with thermal power ratings
from 0 kilowatts to 10 megawatts, amount of
financial protection required ranges from $1
million to $2.5 million
(o)
For research reactors with thermal power levels
above 10 megawatts and all power and testing
18 - 5
DO® ARCHIVES