This policy provides the following covers
1. Accidental damage to the vehicle due to:
a.Fire, lightning, self-ignition, external explosion, burglary, housebreaking or theft, malicious act.
b.Riot and strike; terrorism; earthquake; flood, cyclone and inundation
c.Whilst in transit by rail, road, air, elevator, lift.
2. Liability cover for:
a.Third party injury or death
b.Third party property damage caused to their property
By paying an additional premium, you can opt for extra covers in case of:
a.Loss or damage to electrical accessories
b.Loss or damage to Non-electrical accessories
c.Personal Accident cover for insured or any named person or unnamed passengers
d.Legal liability to persons employees (paid drivers/cleaners)
e.Legal Liability to employees of the insured (other than paid drivers/cleaners)
In the event of a claim under any of the sections, the following becomes payable:
1. Accidental Damage Section:
a.Actual amount spent for repairs / replacement as assessed subject to Sum Insured
b.Garaging and towing charges up to a maximum of Rs.1500/-
c.Damage to tyres. (along with damage to vehicle)*
d.Damage to plastic / rubber parts*
e.Damage to all fibre glass components*
Subject to depreciation as per India Motor Tariff
2. Liability Section:
a.Compulsory personal accident compensation for owner driver
b.Personal Accident compensation for paid-driver, if opted
c.Death or bodily injury to third parties - as per Motor Vehicles Act
eThird party property damage - up to Rs.750,000/-
f.All costs and expenses incurred with the Company's written consent
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