V NARAYANA RAO .

M/S. SINDHANUR RUBBER TRADERS, SHOP NO-6-1-1790, GANGAVATI ROAD,,

NEAR ITI, SINDHANUR,,
RAICHUR,
KARNATAKA,
584128

Subject: Reliance Open Policy-Inland Policy No :14072222421M000602

Dear Sir,
Welcome to the Reliance General Insurance family!
We are honored to have you as our new customer and are truly thankful that you have chosen Reliance General Insurance for your Insurance
requirements.
We are pleased to inform you that you have been insured under Policy No.14072222421M000602 which is being forwarded herewith

This Policy has been prepared based on the information furnished to us and we request you to kindly go through the same. In case a duly signed
proposal form has not been submitted, information received from you, whether orally or in writing, has been specified in the Policy document on the
basis of understanding provided to the Company.

If any discrepancy is found therein, the same should be brought to the notice of the Company in writing forthwith but in no case later than 15 days
from the date of receipt of the Policy document in respect of Marine Cargo Open Cover/Open Policy and not later than 3 days in respect of Specific
Policy. Post lapse of this period, the information mentioned in the Policy document shall be deemed to be accepted by the Policyholder as correct and
binding on it.
To enable us to serve you better, you are requested to mention your Policy Number in all your further correspondence.

While we believe that with Reliance General Insurance, you get nothing less than excellent and unparalleled services, should you have any
complaints or post purchase requirements like correction / changes in the policy or claims to be reported, we provide you a single access point as
below
Write to [Link]@[Link]
Thanking you once again for choosing us. Look forward to a long lasting and delightful relationship.
Yours sincerely,

For Reliance General Insurance Company Limited.

Authorized Signatory

Reliance General Insurance Company Limited. IRDAI Registration No. 103. An ISO 9001:2015 Certified Company
Registered Office & Corporate Office : Reliance General Insurance Company Limited 6th Floor, Oberoi Commerz, International Business Park,Oberoi Garden City, Off
Western Express Highway, Goregaon (East), Mumbai – 400 063.
Corporate Identity No.U66603MH2000PLC128300. UIN: IRDAN103P0022V022009.
Trade Logo displayed above belongs to Anil Dhirubhai Ambani Ventures Private Limited and used by Reliance General Insurance Company Limited under License.
RGI/UW/CO/2421/WL/VER. 1.0/310118.
 Open Policy-Inland (Policy Schedule)
Corporate Office / Policy Issuing Office : Servicing Office Code & Address: 1407
Reliance General Insurance Company Limited 6th Floor, 3rd Floor Asian Plaza, Timmapuri Circle main road, , GULBARGA, KARNATAKA, INDIA,PinCode-585104
Oberoi Commerz, International Business Park,
Oberoi Garden City, Off Western
Express Highway, Goregaon (East), Mumbai – 400 063.
WHEREAS the ASSURED named in the Schedule hereto, have represented to Reliance General Insurance Company Limited (herein after called the “Company”) that they are interested
in and duly authorised to make the insurance mentioned and described and have paid or agreed to pay the premium hereinafter stated.
THE COMPANY HEREBY PROMISES AND AGREES with the Assured, their Executors, Administrators and Assigns that the Company insures against loss, damage, liability or expense
subject to the clauses, endorsements, conditions and warranties contained in the Schedule.
Policy No. 14072222421M000602 PreviousPolicyNo : NA
Period of Jul 14, 2022 to Jul 13, 2023
insurance:
Name & Correspondence V NARAYANA RAO . Tax Invoice No & Date R14072235919 / Jul 14, 2022
Address/Place of Supply: M/S. SINDHANUR RUBBER TRADERS,
SHOP NO-6-1-1790, GANGAVATI
ROAD,NEAR ITI,
SINDHANUR,RAICHUR,KARNATAKA,
584128
GSTIN/UIN & NA & KARNATAKA
Place of
Supply
Vessel &/or Inland Water, Rail, Road
Conveyance:
Voyage Transit Mode Transit From Transit To
details
Inland Any where India Any where India
Interest/Subject Matter Packaging
Excavators Standard & Customary

Risk Details Sr. No. Coverage PSL Limit(₹) PLL Limit(₹) Basis Of Valuation
1 Inland 4,000,000 4,000,000 Invoice + 10%
Declaration to be submitted on Monthly Basis
Annual Sum Insured (₹) : 8,000,000
Initial Sum Insured here under (in figures): ₹ 8,000,000(Eighty Lakhs Only )
PREMIUM Amount(₹)
BASIC 2,400
PREMIUM (₹)
WAR/SRCC 800
PREMIUM (₹)
NET 3,200
PREMIUM (₹)
CGST (₹) 288
SGST (₹) 288
STAMP DUTY 1
(₹)
GROSS 3,777
PREMIUM (₹)
Transit 1% of the total Consignment value subject to a minimum of Rs 10,000 for each and every claim
Excess
Clauses Inland Transit Rail-Road (A) - All Risk
Strike, Riot & Civil Commotion Clause
Limitation of Liability Clause
Institute Strike Cancellation Clause
Institute Cyber Attack Exclusion Clause CL 380 10/11/2003
Institute Radioactive Contamination, Chemical, Biological, Bio-Chemical And Electromagnetic Weapons Exclusion Clause Cl 370 dated 10/11/2003
Important Notice Clause
Cargo Termination of Storage in Transit Clause(ammended) dated 1/4/2020
Termination of Transit Clause (Terrorism ) 2009 JC 2008/024 11 December 2008
Dispatch by Private Carriers Clause
Institute Replacement Clause CL 161 01/01/1934
Cutting Clause
Declaration Clause
Loading & Unloading Clause
Pair and Set Clause
Warranties As per Section 64 VB of the Insurance Act, 1938, adequate premium balance is required to be maintained before the commencement of a shipment. Inadequate
premium balance would render a shipment uncovered.
Warranted no claims to attach hereto for damage to property hereby insured which may be sustained whilst the same is in use and / or being worked upon and directly
resulting thereon.
Warranted that if the weight of the cargo exceeds than Registration Laden weight or Licensed Carrying Capacity of the vehicle, as mentioned in the Registration
Certificate of the vehicle, then any loss or damage arising out of such transit is not covered under the above mentioned policy
Warranted that Non-standard Claims will be settled at 75% of the Assessed Loss amount wherein recovery rights are Prejudiced.
From the above 2 transit, 1st transit ie from Mfrer/ dealer/ suppliers premises to clients premises/ work site, the coverage will be ITC A+ SRCC, Rest would be covered
under ITC B. Warranted over- dimensional Cargo is carried in Multi- axle, low bedded trailer and should be adequately/ lashed/ strapped and chained before the
commencement of Journey. Warranted only 2 transit during the year is covered for which declarations will be submitted on monthly basis.
Exclusions Excluding Denting, Bending, Scratching and Chipping unless caused by perils covered under ICC “B” / ITC “B”
Excluding Mechanical, Electronic & Electrical Derangement unless caused by visible physical damages.
Excluding Rust, Oxidation & Discoloration unless caused by perils covered under ICC “B” / ITC “B”
Excluding Unexplained shortages
Conditions : This Marine Policy has been issued against Contractors Plant and Machinery covered by Proposal No : R14072236517
Survey and Claim Settlement
Survey and Claim Settlement : In the event of loss or damage which may involve a claim under this insurance, immediate notice thereof and application for survey should be given to:
Agents of W. K. Websters & Co. / web site: [Link] (for Export policy) and Reliance General Insurance Company Limited ( for import and inland policy).
Intermediary Code/Name : 14A07163 / MADDIPATI SRINIVASARAO
Intermediary ContactNo :9741678887
In WITNESS WHEREOF signed for and on behalf of the Company at Mumbai on For and on Behalf of

Reliance General Insurance Company Limited. IRDAI Registration No. 103. An ISO 9001:2015 Certified Company
Registered Office & Corporate Office : Reliance General Insurance Company Limited 6th Floor, Oberoi Commerz, International Business Park,Oberoi Garden City, Off
Western Express Highway, Goregaon (East), Mumbai – 400 063.
Corporate Identity No.U66603MH2000PLC128300. UIN: IRDAN103P0022V022009.
Trade Logo displayed above belongs to Anil Dhirubhai Ambani Ventures Private Limited and used by Reliance General Insurance Company Limited under License.
RGI/UW/CO/2421/PS/VER. 1.0/310118.
In case of a renewal, the benefits provided under the policy and/or terms and conditions of the policy including premium rate may be subject to change

Grievance Clause: For resolution of any query or grievance, Insured may contact the respective branch office of the Company or may call at 1800 3009 or may write an email at
[Link]@[Link]. In case the insured is not satisfied with the response of the office, insured may contact the Nodal Grievance Officer of the Company at
[Link]@[Link]. In the event of unsatisfactory response from the Nodal Grievance Officer, insured may email to Head Grievance Officer at
[Link]@[Link]. In the event of unsatisfactory response from the Head Grievance Officer, he/she may, subject to vested jurisdiction, approach the Insurance
Ombudsman for the redressal of grievance. Details of the offices of the Insurance Ombudsman are available at IRDAI website [Link] or on company website
[Link] or on [Link]. The insured may also contact the following office of the Insurance Ombudsman within whose territorial jurisdiction the branch or office of
the Company is [Link] of the Insurance Ombudsman,Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor,19/19,24th Main Road,JP Nagar,Ist Phase, Bengaluru – 560 078.
Tel.: 080 - 26652048 / 26652049 Email: [Link]@[Link]

For Reliance General Insurance Company Limited

Date : 14-07-2022 hour on :13:10 Authorised Signatory

Consolidated Stamp duty Paid vide Letter of Authorisation “[Link]/CSD/300/2022/(Validity Period Dt.30/03/2022 to 30/03/2023)/1380” date 28 Mar 2022 at General Stamp Office,
Mumbai. ** Not Applicable for the State of Jammu & Kashmir
SUPPLY MEANT FOR EXPORT UNDER BOND OR LETTER OF UNDERTAKING WITHOUT PAYMENT OF IGST
Service Tax Registration No: AABCR6747BST001 / GSTIN:29AABCR6747B1ZC
As per the GST regulations, the amount of GST will not be refunded if the policy / endorsement is cancelled after 30th September of the next financial year
Category-General Insurance Business Service 00440005 / Description of Services:Marine,Aviation & other transport Insurance
Sales Tax Registration No : 01101051414 / HSN:997135
Note : In the event of dishonor of cheque, this policy document automatically stands cancelled from inception,irrespective of whether a separate communication is sent or not.
- In witness whereof this Policy has been signed at Mumbai on Policy original tax invoice date in lieu of Endorsement No. as mentioned in the policy.
- This document shall be treated as a Tax Invoice as per Rule 46 of the Central Goods and Services Tax Rules 2017.
For any assistance with claims, please contact us on 74004 22200 (toll free) or email us at [Link]@[Link]

Memorandum

Attached to and forming part of Marine Open Policy No. 14072222421M000602

1 DECLARATION (Monthly Basis)
It is a condition of this insurance that, until completion of the contract, the Assured is bound to declare here under to the company each and every despatch/shipment without exception, in
the form prescribed by the Company for the purpose, within hours/days of the : a) departure of the Overseas Vessel from the port of shipment in the case of exports b) receipt of advice
of despatch / shipment, in the case of imports c) issue of the Railway Receipt / Parcel Way bill / postal Receipt / Consignment Note in the case of Inland Transits. The Company being
bound to accept the same up to but not exceeding, the limits specified herein. The Company and/or its agents will have the previlege at any time during the business hours to inspect
Asured's record of despatches made with in the terms of the Policy.

2 BASIS OF VALUTATION DETAILS

Cover Type Basis of Valuation
Inland Invoice + 10%
All despatches/shipments to be insured hereunder are to be valued and declared, for their prime invoice for which the Assured is liable, the charges of insurances and the expenses of
and incidental to despatch/shipment

3 TERMS OF COVER
This contract is subject to the terms, exclusions,conditions and warranties as per policy.

4 SENDING LIMITS 4000000

Warranted that the limit of the Insurer's liability in respect of any one accident or series of accidents arising from the same event shall not exceed -by any one ocean going vessel (coastal
or overseas ) ₹ 4000000 by any one inland vessel/lighter, by any one railwaywagon / train, by any one motor lorry / any other land conveyance.

5 LOCATION LIMIT 4000000

In the event of loss and / or damage prior to despatch / shipment of any interest insured hereunder in any one locality, the Company, notwithstanding anythinf herein stated to the contrary
shall not be liable in respect of any one accident / occurance / series of accidents / ocurrence arising out of the same event for more than an amount upto, but not exceeding, the sum of:
₹ 4000000.

6 PERIOD OF INSURANCE
This open policy shall remain in force for a period of 12 months from Jul 14, 2022 to Jul 13, 2023 unless previously exhausted by declaration. In the event of the policy not being
exhausted by declarations within the aforesaid period a pro-rata refund of premium on the undeclared balance may be allowed to the Assured at the option of the Company.

7 CANCELLATION
The Open Policy may be cancelled by the Company or by the Assured by serving a notice in writing as under. a) Marine and Transit Risks 30 days' notice : b) War and / or SRCC Risks 7
days' notice : (except shipments to & from USA) c) War and SRCC risks 48 hours' notice :(shipments to & from USA) d) SRCC risks 48 hours' notice : (interior transits in India, Nepal,
Bhutan, Afghanistan and Bangladesh not in conjunction with an overseas voyage)

Inland Transit Rail-Road (A) - All Risk

RISKS COVERED

1. This insurance covers all risks of loss or damage to the subject-matter insured except as provided in clause Nos. 2, 3, 4 and 5 below. Risks
Clause

EXCLUSIONS General
2. In no case shall this insurance cover Average
2.1 loss damage or expense attributable to willful misconduct of the assured. Clause

2.2 ordinary leakage, ordinary loss in weight or volume, or ordinary wear and tear of the subject-matter insured.
2.3 loss damage or expense caused by insufficiency or unsuitability of packing or preparation of the subject-matter insured (for the purpose of this
Clause 2.3 "packing" shall be deemed to include stowage in a container or liftvan but only when such stowage is carried out prior to
attachment of this insurance or by the Assured or their servants).
2.4 loss damage or expense proximately caused by delay even though the delay be caused by a risk insured against.
2.5 loss damage or expense caused by inherent vice or nature of the subject-matter insured.
3. This clause shall be paramount and shall override anything contained in this insurance inconsistent therewith. In no case shall this insurance cover
loss, damage, liability or expense directly or indirectly caused by or contributed to by or arising from

Reliance General Insurance Company Limited. IRDAI Registration No. 103. An ISO 9001:2015 Certified Company
Registered Office & Corporate Office : Reliance General Insurance Company Limited 6th Floor, Oberoi Commerz, International Business Park,Oberoi Garden City, Off
Western Express Highway, Goregaon (East), Mumbai – 400 063.
Corporate Identity No.U66603MH2000PLC128300. UIN: IRDAN103P0022V022009.
Trade Logo displayed above belongs to Anil Dhirubhai Ambani Ventures Private Limited and used by Reliance General Insurance Company Limited under License.
RGI/UW/CO/2421/PS/VER. 1.0/310118.
 3.1 Ionising radiations from or contamination by radioactivity from any nuclear fuel or from any nuclear waste or from the combustion of nuclear Nuclear
fuel. Radioactive
Exclusion
Clause

3.2 The radioactive toxic explosive or other hazardous or contaminating properties of any nuclear installation, reactor or other nuclear assembly or
nuclear component thereof.
3.3 Any weapon of war employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force or matter.
4. In no case shall this insurance cover loss, damage or expense caused by War
4.1 war, civil war, revolution, rebellion, insurrection, or civil strife arising therefrom or any hostile act by or against a belligerent power Exclusion
4.2 capture, seizure, arrest, restraint or detainment, the consequences thereof or any attempt thereat Clause

4.3 derelict mines, bombs or other derelict weapons of war. Strike

5. In no case shall this insurance cover loss damage or expense Exclusion
5.1 caused by strikers, locked out workmen or person taking part in labour disturbances, riots or civil commotions Clause

5.2 resulting from strikes, lock-outs, labour disturbances, riots or civil commotions
5.3 caused by any terrorist or any person acting from a political motive
DURATION
6. This insurance attaches from the time the goods leave the warehouse and/or store at the place named in the policy for the commencement of Transit Clause
transit and continues during the ordinary course of transit including customary transhipment, if any.
(i) until delivery to the final warehouse at the destination named in the policy or
(ii) in respect of transit by Rail only or Rail and Road, until expiry of 7 days after arrival of the railway wagon at the final destination railway station
(iii) or
in respect of transits by Road only until expiry of 7 days after arrival of the vehicle at the destination town named in the policy whichever shall
first occur.

N.B.1 The period of 7 days referred to above shall be reckoned from the midnight of the day of arrival of railway wagon at the destination railway station
or vehicle at the destination town named in the policy.
2 Transit by Rail only shall include incidental transit by Road performed by Railway Authorities to or from Railway Out-Agency.
CLAIMS
7. Insurable
7.1 In order to recover under this insurance the Assured must have an insurable interest in the subject-matter insured at the time of loss. Interest
Clause
7.2 Subject to 7.1 above the insured shall be entitled to recover for insured loss occurring during the period covered by this insurance,
notwithstanding that the loss occurred before the contract of insurance was concluded unless the Assured were aware of the loss and the
Underwriters were not.
BENEFIT OF INSURANCE
8. This insurance shall not inure to the benefit of the carrier or other bailees. Not to
Inure
Clause

MINIMISING LOSSES
9. It is the duty of the Assured and their servants and agents in respect of loss recoverable hereunder Duty of
9.1 to take such measures as may be reasonable for the purpose of averting or minimising such loss and Assured Clause

9.2 to ensure that all rights against carriers, bailees or other third parties are properly preserved and exercised by lodging a monetary claim
against railway/road carriers/bailees within six months from the date of railway/lorry receipt or as prescribed by the relevant statute and the
underwriters will, in addition to any loss recoverable hereunder, reimburse the Assured for any charges properly and reasonably incurred in
pursuance of these duties.
10. Measures taken by the Assured or the underwriters with the object of saving, protecting or recovering the subject-matter insured shall not be Waiver
considered as a waiver or acceptance of abandonment or otherwise prejudice the rights of either party. Clause

AVOIDANCE OF DELAY
11. It is a condition of this insurance that the assured shall act with reasonable despatch in all circumstances within their control. Reasonable
Despatch
Clause

Institute Strike Cancellation Clause

The inclusion in this contract of cover granted against the risks of Strikes and Riots may by cancelled either by the Underwriters or the Assured except in respect of any insurance
against the said risks which shall have attached in accordance with the cover granted under the Policy before the cancellation becomes effective, such cancellation shall however
only becomes effective on the expiration of 48 hours from the midnight of the day on which a notice of cancellation is issued by or to Underwriters.
DESPATCH BY PRIVATE CARRIER CLAUSE
(INLAND TRANSIT)

The liability of the Company shall be limited to 75% of the assessed loss where the consignment note is issued limiting the liability of the Carriers in any respect by a special
contract duly signed by the consignor, consignee or by the duly authorised representative, agents or where the consignment note is issued by a Private Carrier (other than the
Vehicle belonging to the owner of goods) or freight Broker. This warranty would not apply where loss or damage has occurred whilst the goods are not in the custody of the
Institute Replacement Clause 01 01 1934 CL 161

In the event of loss of or damage to any part or parts of an insured machine caused by a peril covered by the Policy the sum recoverable shall not exceed the cost of replacement
or repair of such part or parts plus charges for forwarding and refitting, if incurred but excluding duty unless the full duty is included in the amount insured, in which case loss, if any,
sustained by payment of additional duty shall also be recoverable.

Provided always that in no case shall the liability of Underwriters exceed the insured value of the complete machine.

Reliance General Insurance Company Limited. IRDAI Registration No. 103. An ISO 9001:2015 Certified Company
Registered Office & Corporate Office : Reliance General Insurance Company Limited 6th Floor, Oberoi Commerz, International Business Park,Oberoi Garden City, Off
Western Express Highway, Goregaon (East), Mumbai – 400 063.
Corporate Identity No.U66603MH2000PLC128300. UIN: IRDAN103P0022V022009.
Trade Logo displayed above belongs to Anil Dhirubhai Ambani Ventures Private Limited and used by Reliance General Insurance Company Limited under License.
RGI/UW/CO/2421/PW/VER. 1.0/310118.