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    MH47AK0622 - Acko Insurance Policy

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    Raj Malhotra
    This document outlines the details of a comprehensive bike insurance policy for a 2018 TVS Apache RTR 160 motorcycle registered to Mohit Tyagi. The policy period is from August 4, 2022 to August 3, 2023. The insured declared value is Rs. 50,750 with a 45% no-claim bonus. The total premium is Rs. 2,588 including own damage, liability, and taxes.

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    MH47AK0622 - Acko Insurance Policy

    Uploaded by

    Raj Malhotra
    8 views2 pages
    This document outlines the details of a comprehensive bike insurance policy for a 2018 TVS Apache RTR 160 motorcycle registered to Mohit Tyagi. The policy period is from August 4, 2022 to August 3, 2023. The insured declared value is Rs. 50,750 with a 45% no-claim bonus. The total premium is Rs. 2,588 including own damage, liability, and taxes.

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    This document outlines the details of a comprehensive bike insurance policy for a 2018 TVS Apache RTR 160 motorcycle registered to Mohit Tyagi. The policy period is from August 4, 2022 to August 3, 2023. The insured declared value is Rs. 50,750 with a 45% no-claim bonus. The total premium is Rs. 2,588 including own damage, liability, and taxes.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    8 views2 pages

    MH47AK0622 - Acko Insurance Policy

    Uploaded by

    Raj Malhotra
    This document outlines the details of a comprehensive bike insurance policy for a 2018 TVS Apache RTR 160 motorcycle registered to Mohit Tyagi. The policy period is from August 4, 2022 to August 3, 2023. The insured declared value is Rs. 50,750 with a 45% no-claim bonus. The total premium is Rs. 2,588 including own damage, liability, and taxes.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    COMPREHENSIVE BIKE INSURANCE POLICY

    Certificate of Insurance cum Policy Schedule

    POLICY DETAILS VEHICLE DETAILS

    Insured Name: MOHIT TYAGI Registration Number: MH47AK0622


    Pincode: 160062 Make/Model: TVS Apache Rtr 160 (160CC)
    Period of Insurance: 04 Aug 22 00:00 hrs to 03 Aug 23 23:59 hrs Registration Year: 2018
    Policy Issuance Date: 01 Aug 22 Engine No: AE7GJ2550636
    Policy Number: DBCR00601893124/00 Chassis No: MD637AE75J2G52604
    Owner Number: XXXXXX8140
    Owner Email: [email protected]

    INSURED DECLARED VALUE (IDV)

    Tenure Period IDV of the vehicle (₹) IDV of Accessories (₹) Total IDV (₹)

    Year 1 04 Aug 2022 - 03 Aug 2023 50750 0 50750

    PREMIUM DETAILS (₹)

    Own Damage Premium (A) Liability Premium (B)

    Basic Own Damage 867.00 Basic Third Party Liability 1366.00


    NCB Discount -390.00 PA for Owner Driver 350.00

    Net Own Damage Premium (A) ₹ 477.00 Net Liability Premium (B) ₹ 1716.00

    Total Package Premium (A+B) ₹ 2193.00

    IGST (18%) 395.0

    Total Premium ₹ 2588.00

    Geographical Area: India Compulsory Deductible: ₹ 100

    No-Claim Bonus: 45% Voluntary Deductible: ₹0

    Please Note: Previous Policy document is required in case of claim within 30 days of Acko Policy Start Date.

    INTERMEDIARY DETAILS
    Policy Issuing Office: Intermediary Name:
    Direct - Mumbai Direct
    Phone Number: Intermediary Code:
    N/A N/A

    Acko General Insurance Ltd.


    Unit No. 301, 3rd Floor, E Wing, Lotus Corporate Park, Goregaon (E), Mumbai- 400063
    Email: [email protected] | Phone : 1800 266 2256 | www.acko.com
    CIN : U66000MH2016PLC287385 | IRDAI Reg No. 157 | HSN: 997134 |
    UIN: IRDAN157RP0002V01201819, IRDAN157RP0024V01201819
    For Acko General Insurance Ltd.
    Duly Constituted Attorney
    COMPREHENSIVE BIKE INSURANCE POLICY
    Certificate of Insurance cum Policy Schedule

    Limitations As To Use: The Policy covers use of the vehicle for any purpose other than: a) Hire or Reward b) Carriage of goods (other than samples or personal luggage) c) Organized racing d)
    Pace making e) Speed testing f) ReliabilityTrials g) Any purpose in connection with Motor Trade. Persons or Class of Persons entitled to drive: Any person (including the insured), provided that a
    person driving holds a valid driving license at the time of the accident and is not disqualified from holding or obtaining such a license. Provided also that the person holding a valid learner's license
    may also drive the vehicle and that such a person satisfies the requirements of Rule 3 of the Central Motor Vehicles Rules, 1989. Limits of Liability. 1. Under Section II-1 (i) of the policy - Death of
    or bodily injury - Such amount as is necessary to meet the requirements of the Motor Vehicles. Act, 1988. 2. Under Section II - 1(ii) of the policy -Damage to Third Party Property - Rs. 100000 3. P.
    A. Cover under Section III for Owner - Driver(CSI): Rs. 1500000.0. Terms, Conditions & Exclusions: As per the Indian Motor Tariff. A personal copy of the same is available free of cost on request
    & the same is also available at our website.
    I / We hereby certify that the policy to which the certificate relates as well as the certificate of insurance are issued in accordance with the provision of chapter X, XI of M. V.Act 1988. "The stamp
    duty of Rs. 0.50 paid by electronic medium vide GRAS Deface no. 0004334894202122 dated 24/11/2021 & GRAS Deface no. 0004334962202122 dated 24/11/2021 as prescribed in Government
    Notification Revenue & Forest Department No. Mudrank - 2017/C.R.97/M-1, dated 09/01/2018. GSTN: 27AAOCA9055C1ZJ." IMPORTANT NOTICE: The Insured is not indemnified if the vehicle is
    used or driven otherwise than in accordance with this Schedule. Any payment made by the Company by reason of wider terms appearing in the Certificate in order to comply with the Motor Vehicle
    Act, 1988 is recoverable from the Insured. See the clause headed "AVOIDANCE OF CERTAIN TERMS AND RIGHT OF RECOVERY" in the policy wordings. Disclaimer: The Policy shall be void
    from inception if the premium cheque is not realized. In the event of misrepresentation, fraud or non-disclosure of material fact, the Company reserves the right to cancel the Policy. The policy is
    issued basis the information provided by you, which is available with the company. This Policy is to be read in conjunction with the Policy wordings (https://www.acko.com/download) available on the
    website of the Company. On renewal, the benefits provided under the policy and/or terms and conditions of the policy including premium rate may be subject to change.
    Prohibition of Rebated (Section 41) of the Insurance Act - 1938 (as amended)
    1. No person shall allow or offer to allow, either directly or indirectly as an inducement to any person to take out or renew or continue and insurance in respect of any kind or risk relating to lives or
    property in India, any rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy, nor shall any person taking out or renewing or continuing a policy
    accept any rebate expect such rebate as may be allowed in accordance with the prospectus or tables of the Insurer.
    2. Any person making default in complying with the provisions of this section shall be liable for a penalty which may extend to 10 lakh rupees.

    Acko General Insurance Ltd.


    Unit No. 301, 3rd Floor, E Wing, Lotus Corporate Park, Goregaon (E), Mumbai- 400063
    Email: [email protected] | Phone : 1800 266 2256 | www.acko.com
    CIN : U66000MH2016PLC287385 | IRDAI Reg No. 157 | HSN: 997134 |
    UIN: IRDAN157RP0002V01201819, IRDAN157RP0024V01201819 For Acko General
    Insurance Ltd.
    Duly Constituted
    Attorney

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