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July 11th, 2016, 11:17 AM
Super Moderator
 
Join Date: Mar 2013
Re: New India Assurance Company Limited Policy Details

As you have asked about the motor policy details of the New India Assurance Company Limited, I am giving you information about it, check below for the details

This policy covers all types of vehicles plying on public roads such as:-

Scooters & Motorcycles
Private cars
All types of commercial vehicles
Motor Trade (vehicles in show rooms and garages)

Two types of covers are available:

Liability only policy
Package policy

Scope
Liability Only policies:

The policy covers the vehicle owner's legal liability to pay compensation for:

Death or bodily injury to a third party person
Damage to third party property

Package Policy

In addition to the coverage under liability only, this policy covers loss or damage to the insured vehicle and its accessories due to:

Fire, explosion, self-ignition or lightning
Burglary, housebreaking or theft
Riot and Strike
Malicious Act
Terrorist Act
Earthquake (Fire and Shock) Damage
Flood, Typhoon, Hurricane, Storm, Tempest, Inundation, Cyclone and Hailstorm
Accidental external means
Whilst in transit by road, inland waterway, lift, elevator or air.
By landslide/Rockslide


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