CAPCRE SERVICES PRIVATE LIMITED
AMFI REGISTERED MF DISTRIBUTOR
Date of initial registration: 17-09-2019
AMFI registration number: ARN-166314
Current validity of ARN: 16-09-2025

FAQs

Non Life Insurance

07 Mar 2003

Under the Boiler Explosion insurance policy, boilers and pressure plants come under the purview of statutory regulations. The warranties that are applied under the policy provided that:

  • Boilers are annually inspected by inspectors appointed by the government except where there is no statutory requirement for government inspection. The inspections have to be carried out by an independent and competent person
  • Only attendants holding a valid certificate of competency issued under the appropriate Boiler Act shall only operate the boilers. The policyholder shall be in possession of the unqualified permission in writing of the competent inspecting authority to operate the boiler.

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