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March 26th, 2017, 05:46 PM
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United India Insurance Company Limited General Insurance Motor
Hii sir, I Wants to get the Information About the Coverage of the General Insurance Motor policy of the United India Insurance Company Limited ? United India Insurance Company is a state-owned (wholly owned by the government of India) general insurance company in India. It was incorporated on 18 February 1938, and was nationalised in 1972. Motor vehicle which includes private cars Motorised Two wheelers and Commercial vehicles excluding vehicles running on rails. Coverage of the General Insurance Motor policy Section I (Own Damage - OD) of Package Policy : Section I of package policy covers loss or damage to the vehicle and / or accessories due to Accidental external means Fire Self ignition lightning Burglary house breaking or theft Terrorist activity Riot Strike and Malicious Damage Earthquake Flood cyclone and Inundation etc While in transit by rail road air elevator lift or inland waterways Landslide or workslide Package Policy - Section II Section II ((Liability) of Package Policy : Liability to third parties bodily injury and or death and property damage Personal accident cover for the owner driver for a specified sum insured The following are payable under Section II of the Package Policy subject to the limit of liability laid down in the Motor Vehicles Act : The insured's legal liability for death / disability of third party Loss or damage to third party property Claimant's cost as decided by the court All costs and expenses incurred with company's written consent What is not payable under the policy? Contractual liability. War perils nuclear perils and drunken driving Consequential loss Depreciation Wear and tear mechanical or electrical break down Damage suffered due to driving the vehicle under the influence of intoxicating liquor or drugs Claims arising outside the geographical area specified in the policy Claims arising whilst the vehicle is used in contravention of the limitations as to use Claims arising when the vehicle is driven by a person without valid driving license Last edited by Neelurk; May 20th, 2020 at 01:32 PM. |