Document a4bLenqvJ5xBx2OQRK9xZ9gGB

FILE NAME Cape Asbestos CAPE DATE 0000 DOC CAPE148 DOCUMENT DESCRIPTION Manual of Admin and Accounting Procedures Insurances Legal - Tibbs Case Exhibit 46 ELECTRONICAL Y ELECTRONICALY CAPE INDUSTRIES LIMITED ELCTRONIAY MANUAL OF ADMINISTRATION AND ACCOUNTING PROCEDURES - MAAP 15 INSURANCES SECTION I - POLICY FILED - L. Objective Objective The objective of the Group's policy on insurances is to protect assets 2023 and revenue at minimum cost consistent with adequate cover against significant loss arising from damage to or loss of property and Oct 18 from legal liability incurred in the course of business 12:13 2 Policy It is the policy of the Group PM a to insure against normal business risks where the potential loss may be large or catastrophic with the exception of credit insurance in the U.K. RICHLAND b to insure against all risks where there is a statutory or other legal requirement to do so e.g. under the Employers Liability Compulsory Insurance Act 1969 the Road Traffic Acts and the Company's Debenture Trust Deeds - to insure against personal accident risks in respect of employees COM ON travelling in the normal course of their and in other specified circumstances duties abroad or by air to accept a degree of insurance in appropriate circumstances PLEAS either by carrying the full risk where the potential loss is not material or by accepting an agreed first part of any loss suffered - to insure in appropriate circumstances where the insurers provide a complementary service e.g. settling claims or inspecting plant which is cost effective Classes of Insurance U.K. only a All companies 203CP41759 In accordance with Group policy the following classes of insurance negotiated on a Group basis except for the CDL Group should be carried by all companies in the United Kingdom Employers liability Engineering Fire and allied perils Motor including motor contingent liability Personal accident products liability In the case of the classes of insurance individual companies have discretion as limits marked to the with sums an asterisk indemnity CAPE001465