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I- I. Ia Ib Ic Id If Ig Il Im In Ip Ir Is It

Immobiliser clause

Goods in transit clause requiring vehicles to be fitted with an approved anti-theft device that is put into effective operation when the vehicle is left unattended. The particular wording of the clause is important. See ALARM SYSTEM IN OPERATION.

Immunosuppressive therapy

Treatment by administering an agent that significantly interferes with the ability of the body’s immune system to respond to antigenic stimulation by inhibiting cellular and humoral immunity such as preparing someone for a bone marrow transplant or to prevent rejection of donor tissue.

Impact damage agreement

Cost-saving agreement that operates when a motor vehicle collides with immobile property (e.g. buildings and fences) that may be insured against impact damage. The terms of the agreement vary between insurers but normally the motor insurer pays 75 per cent of the damage to immobile property regardless of actual liability.

Impact Damage Agreements

Agreements whereby liability insurers agree to pay and the owners or insurers of fixed property agree to accept, a state proportion of damage to the property caused by an insured vehicle, without regard to legal liability. Impact Damage due to Insured’s own Rail/Road Vehicles, Fork Lifts, Cranes, Stackers and the like and articles dropped therefrom, Add On peril under Standard Fire and Special Perils Policy (Material Damage) : On payment of additional premium the Policy is extended to cover loss and or damage caused to insured’s property by insured’s own rail/road vehicles, fork lifts, cranes, stackers and the like and articles dropped therefrom.

Impact damage cover

1. Engineering insurance term insuring ‘damage by physical impact to surrounding plant or property belonging to the insured or held in trust by the insured or on commission or for which the insured is responsible resulting from fragmentation of any part of any insured item of plant. The cover can be applied to: boilers and pressure plant; cranes and other lifting machines; lifts and hoists; and electrical and mechanical plant. 2. An additional peril included in a ‘named peril’ household policy. It covers impact damage caused by vehicles or aircraft or anything dropped therefrom. Damage caused by falling trees and branches is also covered. 3. Impact cover is also added to named perils commercial property insurance and covers the risk of third party (and sometimes own) vehicles and animal damage to the insured property.