MOTOR INSURANCE

sunandaC

Sunanda K. Chavan
MOTOR INSURANCE

Private Car Comprehensive

What does the reliance private car Insurance policy cover?

1. Vehicle damage

a) loss or damage by accident, fire ,lightening,self-ignition,explosion, bulgary

b) Riot & strike, malicious act, terrorisms, earthquake, flood, cyclone.

2. Liability for third party injury /death, third party property and liability to
paid driver (as per motor vehicle act).

Policy reimburse

Vehicle damage

• actual amount spent for repairs /replacement(as per India motor tariff)

• damage to tyre(50% of replacement cost)

• plastic /rubbers part(50% )fiber glass components (30% )

• damage to other parts including wooden parts as per India motor tariff

Act liability (as per motor vehicle act)

 Death or bodily injury to third parties

 Death or bodily injury to any person carried in the car ,provided they are not the
insured employees and not carried for hire or reward

 Third party property damage

 All other cost and expenses incredd with company written consent

Policy exclude


 Consequential loss

 Depreciation,wear and tear

 Mechanical and electrical break down,failure or breakage

 When vehicle is used outside the geographical area

 When used contrary to limitation as to use

 Driven by a person other than other than the driver stated in drivers clause

 War perils nuclear perils and drunken driving.
 
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