Applying for Motor Insurance.

Documents required when applying for Motor Insurance.

  1. Duly completed/signed proposal form
  2. Copy of ID
  3. Copy of log book
  4. Copy of Driving License
  5.  Vehicle Valuation Report

What is covered in Motor Insurance?

  • Accident caused by external means.
  • Man made calamities, such as Explosion, Burglary, Theft, Riots & Strikes, Malicious Acts, Terrorism, etc
  • Natural calamities like Earthquakes, Fire, Floods, Typhoons, Hurricanes, Storms, Cyclones, Lightning, etc.
  • While in Transit by rail/road, air or waterway.
  • Third party legal liability
  • Cover for an owner driver in case of death
  • Courtesy car following loss or damage of the insured car. On payment of additional premium
  • Acts of terrorism ,on payment of additional premium.

What is not covered in Motor Insurance?

  • Normal wear and tear of the vehicle due to usage
  • Loss or damage due to depreciation of vehicle
  • Electrical / Mechanical breakdown
  • Wear and tear of consumables like tires and tubes
  • Loss or damage incurred outside the geographical area
  • Loss or damage caused as result of driving under intoxication (DUI) (alcohol/drugs)
  • Loss or damage caused to the vehicle by a unauthorized person without valid driving license
  • Loss or damage due to nuclear risks
  • Vehicle being used otherwise than in accordance with restrictions as to use.
  • Loss/Damage attributable to War/Mutiny/Nuclear risks
  • Damages caused due to speed testing/ racing
  • Known or deliberate accidental damage
  • First part of any loss commonly referred to as policy excess.