Kotak Car Secure

General Insurance
Kotak Car Secure

v4
POLICY WORDING
Whereas the insured by a proposal and declaration dated as stated in the which the Company may be liable under this Policy provided that:
Schedule which shall be the basis of this contract and is deemed to be a. The estimated cost of such repair including replacements, if any, does
incorporated herein has applied to the Company for the insurance hereinafter not exceed `. 500/-;
contained and has paid the premium mentioned in the schedule as b. The Company is furnished forthwith with a detailed estimate of the
consideration for such insurance in respect of accidental loss or damage cost of repairs; and
occurring during the period of insurance.
c. The insured shall give the Company every assistance to see that such
NOW THIS POLICY WITNESSETH repair is necessary and the charges are reasonable.
That subject to the Terms Exceptions and Conditions contained herein or Sum Insured, Insured’s Declared Value (IDV)
endorsed or expressed hereon.
The Insured's Declared Value (IDV) of the vehicle will be deemed to be the 'SUM
SECTION I. LOSS OF OR DAMAGE TO THE VEHICLE INSURED INSURED' for the purpose of this policy which is fixed at the commencement of
The Company will indemnify the insured against loss or damage to the vehicle each policy period for the insured vehicle.
insured hereunder and / or its accessories whilst thereon The IDV of the vehicle (and accessories if any fitted to the vehicle) is to be fixed
1. by fire explosion self-ignition or lightning; on the basis of the manufacturer's listed selling price of the brand and model as
2. by burglary housebreaking or theft; the vehicle insured at the commencement of insurance/renewal and adjusted
3. by riot and strike; for depreciation (as per schedule below).
4. by earthquake (fire and shock damage); The schedule of age-wise depreciation as shown below is applicable for the
purpose of Total Loss/Constructive Total Loss (TL/CTL) claims only.
5. by flood typhoon hurricane storm tempest inundation cyclone hailstorm
frost; The Schedule of Depreciation for Fixing IDV of the Vehicle
6. by accidental external means; Age of Vehicle % of Depreciation
7. by malicious act;
8. by terrorist activity; Not Exceeding 6 months 5%
9. whilst in transit by road rail inland-waterway lift elevator or air; Exceeding 6 months but not exceeding 1 year 15%
10. by landslide rockslide.
Exceeding 1 year but not exceeding 2 years 20%
Subject to a deduction for depreciation at the rates mentioned below in respect
of parts replaced: Exceeding 2 years but not exceeding 3 years 30%
1. For all rubber/ nylon / plastic parts, tyres and tubes, batteries and air bags -
Exceeding 3 years but not exceeding 4 years 40%
50%
2. For fibre glass components -30% Exceeding 4 years but not exceeding 5 years 50%
3. For all parts made of glass –Nil
IDV of vehicles beyond 5 years of age and of obsolete models of the vehicles (i.e.
4. Rate of depreciation for all other parts including wooden parts will be as per models which the manufacturers have discontinued to manufacture) is to be
the following schedule. determined on the basis of an understanding between the insurer and the
Page 1; Kotak Mahindra General Insurance Company Ltd. Kotak Car Secure UIN: IRDAN152RP0006V02201516; Policy Wording
insured.
Age of Vehicle % of Depreciation
IDV shall be treated as the “Market Value” throughout the policy period
Not Exceeding 6 months Nil without any further depreciation for the purpose of Total Loss (TL)/Constructive
Exceeding 6 months but not exceeding 1 year 5% Total Loss (CTL) claims.
The insured vehicle shall be treated as a CTL if the aggregate cost of retrieval and
Exceeding 1 year but not exceeding 2 years 10%
/ or repair of the vehicle, subject to terms and conditions of the policy, exceeds
Exceeding 2 years but not exceeding 3 years 15% 75% of the IDV of the vehicle
Exceeding 3 years but not exceeding 4 years 25% SECTION II. LIABILITY TO THIRD PARTIES
1. Subject to the limits of liability as laid down in the Schedule hereto the
Exceeding 4 years but not exceeding 5 years 35% Company will indemnify the insured in the event of an accident caused by
Exceeding 5 years but not exceeding 10 years 40% or arising out of the use of the vehicle against all sums which the insured
shall become legally liable to pay in respect of:
Exceeding 10 years 50% a. Death of or bodily injury to any person including occupants carried in
the vehicle (provided such occupants are not carried for hire or reward)
5 Rate of Depreciation for Painting: In the case of painting, the depreciation but except so far as it is necessary to meet the requirements of Motor
rate of 50% shall be applied only on the material cost of total painting Vehicles Act, the Company shall not be liable where such death or
charges. In case of a consolidated bill for painting charges, the material injury arises out of and in the course of the employment of such person
component shall be considered as 25% of the total painting charges for the by the insured.
purpose of applying the depreciation.
b. Damage to property other than property belonging to the insured or
The Company shall not be liable to make any payment in respect of: held in trust or in the custody or control of the insured.
a. Consequential loss, depreciation, wear and tear, mechanical or 2. The Company will pay all costs and expenses incurred with its
electrical breakdown, failures or breakages; written consent.
b. Damage to tyres and tubes unless the vehicle is damaged at the same 3. In terms of and subject to the limitations of the indemnity granted by this
time in which case the liability of the company shall be limited to 50% section to the insured, the Company will indemnify any driver who is driving
of the cost of replacement; and the vehicle on the insured's order or with insured's permission provided that
c. Any accidental loss or damage suffered whilst the insured or any person such driver shall as though he/she was the insured observe fulfill and be
driving the vehicle with the knowledge and consent of the insured is subject to the terms exceptions and conditions of this Policy in so far as they
under the influence of intoxicating liquor or drugs. apply.
In the event of the vehicle being disabled by reason of loss or damage covered 4. In the event of the death of any person entitled to indemnity under this
under this Policy the Company will bear the reasonable cost of protection and policy the Company will in respect of the liability incurred by such person
removal to the nearest repairer and re-delivery to the insured but not exceeding indemnify his/her personal representative in terms of and subject to the
in all `1500/-in respect of any one accident. limitations of this Policy provided that such personal representative shall as
The insured may authorise the repair of the vehicle necessitated by damage for though such representative was the insured observe, fulfill and be subject
to the terms exceptions and conditions of this Policy in so far as they apply. b. Any liability of whatsoever nature directly or indirectly caused by or
5 The Company may at its own option contributed to by or arising from ionising radiations or contamination
a Arrange for representation at any Inquest or Fatal Inquiry in respect of by radioactivity from any nuclear fuel or from any nuclear waste from
any death which may be the subject of indemnity under this Policy; and the combustion of nuclear fuel. For the purpose of this exception
combustion shall include any self-sustaining process of nuclear fission.
b. Undertake the defence of proceedings in any Court of Law in respect of
any act or alleged offence causing or relating to any event which may 5. Any accidental loss or damage or liability directly or indirectly caused by or
be the subject of indemnity under this Policy. contributed to by or arising from nuclear weapons material.
6. Any accidental loss damage and/or liability directly or indirectly or
Avoidance of Certain Terms and Right of Recovery
proximately or remotely occasioned by contributed to by or traceable to or
Nothing in this Policy or any endorsement hereon shall affect the right of any arising out of or in connection with war, invasion, the act of foreign
person indemnified by this Policy or any other person to recover an amount enemies, hostilities or warlike operations (whether before or after
under or by virtue of the provisions of the Motor Vehicles Act. But the insured declaration of war) civil war, mutiny rebellion, military or usurped power or
shall repay to the Company all sums paid by the Company which the Company by any direct or indirect consequence of any of the said occurrences and in
would not have been liable to pay but for the said provisions. the event of any claim hereunder the insured shall prove that the accidental
Application of Limits of Indemnity loss damage and/or liability arose independently of and was in no way
In the event of any accident involving indemnity to more than one person any connected with or occasioned by or contributed to by or traceable to any of
limitation by the terms of this Policy and/or of any Endorsement thereon of the the said occurrences or any consequences thereof and in default of such
amount of any indemnity shall apply to the aggregate amount of indemnity to proof, the Company shall not be liable to make any payment in respect of
all persons indemnified and such indemnity shall apply in priority to the insured. such a claim.
Deductible
SECTION III. PERSONAL ACCIDENT COVER FOR OWNER-DRIVER
The Company shall not be liable for each and every claim under Section -I (loss of
The Company undertakes to pay compensation as per the following scale for or damage to the vehicle insured) of this Policy in respect of the deductible
bodily injury/ death sustained by the owner-driver of the vehicle, in direct stated in the schedule.
connection with the vehicle insured or whilst driving or mounting
into/dismounting from the vehicle insured or whilst traveling in it as a co-driver, Conditions
caused by violent accidental external and visible means which independent of This Policy and the Schedule shall be read together and any word or expression
any other cause shall within six calendar months of such injury result in: to which a specific meaning has been attached in any part of this Policy or of the
Schedule shall bear the same meaning wherever it may appear.
Nature of Injury Scale of compensation 1. Notice shall be given in writing to the Company immediately upon the
occurrence of any accidental loss or damage in the event of any claim and
i) Death 100%
thereafter the insured shall give all such information and assistance as the
ii) Loss of two limbs or sight of two eyes Company shall require. Every letter claim writ summons and/or process or
or one limb and sight of one eye 100%
copy thereof shall be forwarded to the Company immediately on receipt by
the insured. Notice shall also be given in writing to the Company
iii) Loss of one limb or sight of one eye 50% immediately the insured shall have knowledge of any impending
iv) Permanent total disablement from prosecution, inquest or fatal inquiry in respect of any occurrence which may
100% give rise to a claim under this Policy. In case of theft or criminal act which
injuries other than named above
may be the subject of a claim under this Policy the insured shall give
Provided always that immediate notice to the police and cooperate with the Company in
1. Compensation shall be payable under only one of the items (i) to (iv) above securing the conviction of the offender. Wherever details pertaining to any
in respect of the owner-driver arising out of any one occurrence and the incident which results in a claim, are conveyed by the insured to the insurer
total liability of the insurer shall not in the aggregate exceed the sum of after reasonable period, insured shall provide the reasons of such delay to
` 15 lakhs during any one period of insurance. the insurer and insurer may on analysis of reasons provided by insured,
condone the delay in intimation of claim or delay in providing the required
2. No compensation shall be payable in respect of death or bodily injury
information/documents to the insurer.
directly or indirectly wholly or in part arising or resulting from or traceable to
2. No admission offer promise payment or indemnity shall be made or given
a. Intentional self-injury suicide or attempted suicide physical defect or
by or on behalf of the insured without the written consent of the Company
infirmity or
which shall be entitled if it so desires to take over and conduct in the name
b. An accident happening whilst such person is under the influence of
of the insured the defence or settlement of any claim or to prosecute in the
intoxicating liquor or drugs.
name of the insured for its own benefit any claim for indemnity or
3. Such compensation shall be payable directly to the insured or to his/her otherwise and shall have full discretion in the conduct of any proceedings or
legal representatives whose receipt shall be the full discharge in respect of In the settlement of any claim and the insured shall give all such information
the injury to the insured. and assistance as the Company may require.
a. This cover is subject to 3. The Company may at its own option repair reinstate or replace the vehicle
i) The owner-driver is the registered owner of the vehicle insured or part thereof and/or its accessories or may pay in cash the amount of the
herein; loss or damage and the liability of the Company shall not exceed:
ii) The owner-driver is the insured named in this policy. a. For total loss / constructive total loss of the vehicle -the Insured's
Declared Value (IDV) of the vehicle (including accessories thereon)
iii) The owner-driver holds an effective driving license, in accordance
as specified in the Schedule less the value of the wreck.
with the provisions of Rule 3 of the Central Motor Vehicles Rules,
1989, at the time of the accident b. For partial losses, i.e. losses other than Total Loss/Constructive Total
Loss of the vehicle - actual and reasonable costs of repair and/or
General Exceptions (Applicable to all Sections of the Policy) replacement of parts lost/damaged subject to depreciation as per
The Company shall not be liable under this Policy in respect of limits specified.
1. Any accidental loss or damage and/or liability caused sustained or incurred 4. The insured shall take all reasonable steps to safeguard the vehicle from loss
outside the geographical area; or damage and to maintain it in efficient condition and the Company shall
2. Any claim arising out of any contractual liability; have at all times free and full access to examine the vehicle or any part
3. Any accidental loss damage and/or liability caused sustained or incurred thereof or any driver or employee of the insured. In the event of any
whilst the vehicle insured herein is accident or breakdown, the vehicle shall not be left unattended without
a. Being used otherwise than in accordance with the ’Limitations as to proper precautions being taken to prevent further damage or loss and if the
Use’.or vehicle be driven before the necessary repairs are effected any extension of
the damage or any further damage to the vehicle shall be entirely at the
b. Being driven by or is for the purpose of being driven by him/her in the insured's own risk.
charge of any person other than a Driver as stated in the Driver's
Clause. 5. Cancellation
4. a) A policy may be cancelled by the insurer on the grounds of
a. Any accidental loss or damage to any property whatsoever or any loss misrepresentation, fraud, non-disclosure of material facts or non-
or expense whatsoever resulting or arising there from or any cooperation of the insured by sending to the insured fifteen days notice
consequential loss of cancellation by recorded delivery to the insured's last known address
and the insurer will refund to the insured the pro-rata premium for the commences at a date later than the other policy, the policy commencing
balance period of the policy. later is to be cancelled by the insurer concerned. If a vehicle is insured at
b) A policy may be cancelled at the option of the insured with seven days’ any time with two different offices of the same insurer, 100% refund of
notice of cancellation and the insurer will be entitled to retain premium premium of one policy may be allowed by canceling the later of the two
on short period scale of rates for the period for which the cover has policies.
been in existence prior to the cancellation of the policy. The balance However, if the two policies are issued by two different insurers, the policy
premium, if any, will be refundable to the insured. Refund of premium commencing later is to be cancelled by the insurer concerned and pro-rata
will be subject to: refund of premium thereon is to be allowed.
i) There being no claim under the policy, and If however, due to requirements of Banks/Financial Institutions, intimated
ii) The retention of minimum premium as specified in the Tariff. to the insurer in writing, the earlier dated policy is required to be cancelled,
c) A policy can be cancelled only after ensuring that the vehicle is insured then refund of premium is to be allowed after retaining premium at short
elsewhere, at least for Liability Only cover and after surrender of the period scale for the period the policy was in force prior to cancellation.
original Certificate of Insurance for cancellation. In all such eventualities, the minimum premium as specified in the tariff is
d) Insurer should inform the Regional Transport Authority (RTA) to be retained. In either case, no refund of premium can be allowed for
concerned by recorded delivery about such cancellation of insurance. such cancellation if any claim has arisen on either of the policies during the
In case of cancellation of policy, premium would be retained as per below period when both the policies were in operation, but prior to cancellation
mentioned short period scale: of one of the policies.
Period % of Annual Premium 10. In the event of the death of the sole insured, this policy will not
immediately lapse but will remain valid for a period of three months from
Not Exceeding 1 month 20% the date of the death of insured or until the expiry of this policy (whichever
Exceeding 1 month but not exceeding 30% is earlier). During the said period, legal heir(s) of the insured to whom the
2 months custody and use of the Motor Vehicle passes may apply to have this Policy
transferred to the name(s) of the heir(s) or obtain a new insurance policy
Exceeding 2 months but not exceeding 40% for the Motor Vehicle. Where such legal heir(s) desire(s) to apply for
3 months transfer of this policy or obtain a new policy for the vehicle such heir(s)
should make an application to the Company accordingly within the
Exceeding 3 months but not exceeding 50%
aforesaid period. All such applications should be accompanied by:
4 months
a. Death Certificate in respect of the insured
5 months b. Proof of title to the vehicle
c. Original Policy.
6 months No Claim Bonus: The insured is entitled for a No Claim Bonus (NCB) on the
Own Damage section of the policy, if no claim is made or pending during the
Exceeding 6 months but not exceeding 80% preceding year(s), as per the following table:
7 months
Period of Insurance % of NCB on OD premium
8 months The preceding year 20%
Exceeding 8 months Full Annual Premium / Rate Preceding Two consecutive years 25%
Preceding Three consecutive years 35%

6. If at the time of occurrence of an event that gives rise to any claim under this
policy there is in existence any other insurance covering the same liability, Preceding Four consecutive years 45%
the Company shall not be liable to pay or contribute more than its ratable
proportion of any compensation, cost or expense. Preceding Five consecutive years 50%
7. If any dispute or difference shall arise as to the quantum to be paid under No Claim Bonus will only be allowed provided the policy is renewed within 90
this policy (liability being otherwise admitted), such difference shall days of the expiry date of the previous policy.
independent of all other questions be referred to the decision of a sole
"However, in the case of Military or Para military Personnel working in Forward
arbitrator to be appointed in writing by the parties to the dispute or if they
Areas, the period of 90 days may be extended up to 365 days depending on the
cannot agree upon a single arbitrator within 30 days of any party invoking
circumstances of each individual case with a declaration in writing by the policy
Arbitration, the same shall be referred to a panel of three arbitrators
holder that the vehicle was not put to use during the interim period”
comprising two arbitrators one to be appointed by each of the parties to the
dispute / difference, and a third arbitrator to be appointed by such two
ADD-ONS FOR COMPREHENSIVE INSURANCE POLICY
arbitrators who shall act as the presiding arbitrator and Arbitration shall be
The following Add-on Covers are applicable under the Policy only if We have
conducted under and in accordance with the provisions of the Arbitration
received the applicable premium due for that Add-on Cover in full and the
and Conciliation Act, 1996.
Schedule specifies that the Cover is in force for the Insured Person.
It is clearly agreed and understood that no difference or dispute shall be
referable to Arbitration as hereinbefore provided, if the Company has The Add-on Covers available under the Policy are described below. Add-on
disputed or not accepted liability under or in respect of this policy Cover under this Policy will be payable subject to the terms, conditions and
It is hereby expressly stipulated and declared that it shall be condition exclusions of this Policy and the availability of the Sum Insured and subject
precedent to any right of action or suit upon this policy that the award by always to any sub-limits specified in respect of that Add-on Cover and any limits
such arbitrator/ arbitrators of the amount of the loss or damage shall be first applicable under the Product in force for the Insured Person as specified in the
obtained. Schedule.
It is also hereby further expressly agreed and declared that if the Company Our total liability for payment of any and all Claims pertaining to the respective
shall disclaim liability to the insured for any claim hereunder and such claim Add-on in the aggregate during each Policy Year of the Policy Period shall not
shall not, within twelve calendar months from the date of such disclaimer exceed the Sum Insured for the respective Add-on:
have been made the subject matter of a suit in a court of law, then the claim Depreciation Cover: Subject otherwise to the terms, exceptions, conditions
shall for all purposes be deemed to have been abandoned and shall not and limitations of this Policy, in consideration of the payment of an additional
thereafter be recoverable hereunder. premium by the Insured, it is hereby agreed and understood that
8. The due observance and fulfillment of the terms, conditions and notwithstanding any other terms contrary under the Policy, no amounts shall be
endorsements of this Policy in so far as they relate to anything to be done or deducted by the Company for depreciation in case of parts replaced on account
complied with by the insured and the truth of the statements and answers of damage to the insured vehicle and/or to its accessories, arising out of any peril
in the said proposal shall be conditions precedent to any liability of the covered under Section I of the Policy.
Company to make any payment under this Policy..
Special Conditions
9. Double Insurance
a) This cover under this Endorsement shall be applicable to the first two
When two policies are in existence on the same vehicle with identical (2)claims made during the policy period and any subsequent claim(s)
cover, one of the policies may be cancelled. Where one of the policies shall be subject to deductions for depreciation at the rates mentioned
in the Policy terms and conditions. Engine Protect
b) The Insured shall be liable for the Voluntary Deductible amount, Subject otherwise to the terms, exceptions, conditions and limitations of
as opted by the Insured for this Endorsement and specified in the this Policy, in consideration of payment of an additional premium by the
Schedule, for each and every claim payable under this Endorsement, Insured, it is hereby agreed and declared that notwithstanding any terms
which shall be applicable in addition to the deductibles applicable contrary under the Policy, the Company hereby undertakes to indemnify
under the Policy. the Insured for expenses incurred in repair or replacement of Engine Parts,
Differential Parts and Gear Box Parts which becomes necessary due to
Applicable Exclusions Consequential Damage arising out of water ingression / leakage of
The Company shall not be liable under this Endorsement in respect of: lubricating oil which directly cause loss or damage to the aforesaid parts.
a) Depreciation pertaining to any part / sub part / accessories not Special Conditions
approved for replacement by the Company under the Policy
a) For the purpose of this Endorsement, 'Consequential Damage' shall
b) In the event of complete loss of the insured vehicle (Constructive Total mean "the damage more specifically expressed hereinabove caused to
Loss or Total Loss) as declared under the Policy, no payment shall be an insured vehicle not arising directly from a peril insured under the
made under this add-on.Cost of consumables like nuts, bolts, grease, Policy but as a direct consequence to the same".
etc. b) For the purpose of this Endorsement, 'Engine Parts' shall mean all
c) Where loss is covered under manufacturer’s warranty or recall internal lubricated parts of the engine including pistons, pins and rigs,
campaign or under any other such packages at the same time all pulleys camshaft, followers, cam bearings, connecting rods and
bearings, crankshaft and main bearings, dipstick and tube, eccentric
d) Any claim which is notified to the Company after 30 days of the shaft, engine heads and engine blocks, engine mounts and cushions,
happening of loss or damage provided that the Company may, in its engine torque strut, flywheel and flywheel ring gear, harmonic
sole discretion, condone the delay in notification of claim on merit if the balancer, intake and exhaust manifolds, oil pan, oil pumps, push rods,
Insured provides the Company with the reasons for delay in writing. valves, springs, guides, seats, and lifters, rocker arms, shafts, and
Subject otherwise to the terms, exceptions, conditions and limitations of bushings, timing covers, timing gears, chain, belt tensioners,
this Policy. retainers, vacuum pump, valve covers, and water pumps, fuel injection
Insured may opt for deductibles under Depreciation Cover. In such instances pump (for diesel engines only) and fuel heater (for diesel engines only).
additional discount would be allowed as per table below c) For the purpose of this Endorsement, 'Differential Parts' shall mean all
internally lubricated parts contained within the differential housing
Voluntary
Discount including axle shafts, constant velocity joints, bearings, final drive
Deductible
housing, four wheel drive hubs and bearings, retainers, transaxle
`1,000 Up to 10% on the OD premium of the vehicle, subject
housing and universal joints, drive shafts, hub bearings and supports.
to a maximum of `500/-
d) For the purpose of this Endorsement, 'Gear Box Parts' shall mean all
`2,000 Up to 15% on the OD premium of the vehicle, subject internally lubricated parts contained within the transmission case
to a maximum of `750/- including cooler, cooler lines, filer tubes and dipsticks, internal linkage,
`3,000 Up to 20% on the OD premium of the vehicle, subject mounts, oil pans, torque convertor, transfer case, transmission and
to a maximum of `1000/- transfer case, transmission park base assembly, vacuum modulator,
UIN: IRDAN152RP0006V02201516/A0011V02201516 gear shafts, and gear box.
e) In case of an accident, payment under this Endorsement shall be made
Consumables Cover only when the Company is provided with evidence of under carriage
Subject otherwise to the terms, exceptions, conditions and limitations of this damage to Engine Parts and/or Gear Box Parts and/or Differential Parts
Policy, in consideration of the payment of an additional premium by the Insured, directly causing oil leakage.
it is hereby agreed and declared that notwithstanding anything to the contrary f) The Company shall not accept any claim under this Endorsement,
contained in the Policy the Company hereby extends the Policy to cover where claim under Section 1 of the Policy is not payable.
expenses incurred by the Insured in respect of Consumable Items (as defined
Applicable Exclusions
below) in the event of damage to the insured vehicle and/or to its accessories,
arising out of any peril as covered under the Policy. For the purpose of this The Company shall not be liable under this Endorsement in respect of:
Endorsement, Consumable Items shall mean those articles or substances which a) In the event of complete loss of the insured vehicle (Constructive Total
have specific uses and when applied to their respective uses are either Loss or Total Loss) as declared under the Policy, no payment shall be
consumed totally or are rendered for continuous and permanent use. Such made under this Endorsement.
Consumable Items will include nut and bolt, screw, washers, grease, lubricants b) Cost of consumables like nuts, bolts, grease, etc.
clip, ac gas, bearings, distilled water, engine oil, oil filter, fuel filter, break oil and c) Where loss is covered under the Policy or any other type of insurance
the like. policy with any other insurer or manufacturer’s warranty or recall
campaign or under any other such packages at the same time.
Special Conditions
d) Any claims related to loss or damage due to wear and tear.
The Company shall not accept any claim under this Endorsement, where a claim
e) Any claim which is notified to the Company after 30 days of the
under Section I of the Policy made by Insured with the Company under the
happening of loss or damage provided that the Company may, in its
Policy is not payable.
sole discretion, condone the delay in notification of claim on merit if the
Applicable Exclusions
Insured provides the Company with the reasons for delay in writing.
The Company shall not be liable under this Endorsement in respect of: Subject otherwise to the terms, exceptions, conditions and limitations of the
a) Consumables pertaining to any part/ sub part/ accessories not Policy.
approved for replacement by the Company. UIN: IRDAN152RP0006V02201516/A0013V02201516
b) Consequential loss of any kind. Return to Invoice
c) In the event of complete loss of the insured vehicle (Constructive Subject otherwise to the terms, exceptions, conditions and limitations of this
Total Loss or Total Loss) as declared under the Policy, no payment shall Policy, in consideration of payment of an additional premium by the Insured, it is
be made under this Endorsement. hereby agreed and understood that notwithstanding any terms contrary under
the Policy, the Company hereby undertakes to pay the difference between the
d) Where loss is covered under the Policy or any other type of insurance
Insured’s Declared Value (IDV)of the insured vehicle and the Purchase Invoice
policy with any other insurer or manufacturer’s warranty or recall
Price (as defined below) of the insured vehicle, as specified in the purchase
campaign or under any other such packages at the same time.
invoice upon the occurrence of any Total Loss (including theft)/ Constructive
e) Any claims related to loss or damage due to wear and tear. Total Loss as defined in the Policy.
f) Any claim which is notified to the Company after 30 days of the Special Conditions
happening of loss or damage provided that the Company may, in its a) For the purpose of this Endorsement, “Purchase Invoice Price” shall
sole discretion, condone the delay in notification of claim on merit if the mean the ex- showroom price of the insured vehicle and includes the
Insured provides the Company with the reasons for delay in writing. value of factory or car dealer accessories that were fitted at the time of
Subject otherwise to the terms, exceptions, conditions and limitations of the purchase. Purchase Invoice Price also includes the cost of a standard
Policy. private car package policy (without any add on covers or
UIN: IRDAN152RP0006V02201516/A0012V02201516 endorsements), amount paid towards registration of the insured
vehicle, applicable road tax and Octroi.
b) In case a copy of the purchase invoice is not available, the Purchase to the insured vehicle. Provided always that any expenses on
Invoice Price of the insured vehicle will be calculated as below: material/spare parts and any other incidental costs, if required
Purchase Invoice Price = IDV/ (1-Depreciation%, as defined below as while carrying out the repairs, would be borne by the Insured and
per the age of the insured vehicle) the Company shall only be liable for expenses on labour cost and
c) The Company shall not accept any claim under this Endorsement, conveyance cost, in relation to paras (a) and (b) above, under this
where a claim under Section I of the Policy is not payable Endorsement.
(f) Breakdown support over phone: In the event of minor mechanical
Age of Vehicle % of Depreciation errors/ faults/non-functioning of the insured vehicle or any part
Not Exceeding 6 months 5% thereof, the Company shall through its network service providers
provide the Insured with telephonic assistance to come up with
Exceeding 6 months but not exceeding 1 year 15% solutions for such minor mechanical errors/faults/non-functioning
Exceeding 1 year but not exceeding 2 years 20% of the insured vehicle.
(g) Taxi Benefits: In the event of the insured vehicle being immobilized
Exceeding 2 years but not exceeding 3 years 30% due to an accident or breakdown, the Company shall arrange for
free travel for the occupants of the Insured vehicle and upto a
Exceeding 3 years but not exceeding 4 years 40%
distance of 50 kilometers, provided always that:
Exceeding 4 years but not exceeding 5 years 50% (i) The event has occurred 50kms away from the Insured’s place of
Applicable Exclusions residence as declared by the Insured at the time of policy issuance.
The Company shall not be liable under this Endorsement in respect of: (ii) Any charges for a distance beyond the covered distance as stated
a) Where loss is covered under the Policy or any other type of insurance above shall be borne by the Insured.
policy with any other insurer or manufacturer’s warranty or recall (iii) The cover under this Endorsement shall remain restricted in respect
campaign or under any other such packages at the same time. of the actual number of occupants of the Insured vehicle or the
b) Accessories which are not additionally insured under the Policy shall not maximum seating capacity of the Insured vehicle, subject always to
be covered. the limits mentioned above.
c) Any claim which is notified to the Company after 30 days of the (h) Arrangement of keys: In the event of the Insured losing the keys
happening of loss or damage provided that the Company may, in its ofthe insured vehicle, the Company shall arrange for pick up and
sole discretion, condone the delay in notification of claim on merit if delivery of the spare keys of the insured vehicle to the place where
the Insured provides the Company with the reasons for delay in writing. the insured vehicle is located. Alternatively, the Company shall
Subject otherwise to the terms, exceptions, conditions and limitations of the provide the service of unlocking the insured vehicle with the help of
Policy. vehicle technicians at the location of the insured vehicle, provided
UIN: IRDAN152RP0006V02201516/A0014V02201516 always that the Company shall be liable only for all labour and
Road Side Assistance conveyance costs under this Endorsement and the Insured shall be
Subject otherwise to the terms, exceptions, conditions and limitations of this required to submit an identity proof to prove his ownership of the
Policy, in consideration of payment of an additional premium by the Insured, it is insured vehicle, before availing any of the aforesaid services. It is
hereby agreed and declared that notwithstanding any terms contrary under the further hereby agreed and understood that this service shall be
Policy, the Company hereby undertakes to provide the Insured, upon his request provided only within a range of 50 kms.
the following emergency assistance services during the Policy Period through its (i) Message Relay: In the event of the insured vehicle becoming
network garages or service providers, provided that (i) the services are requested immobilized as a result of an accident or a breakdown, the
to be provided in an area where the Company has its presence through its Company shall arrange, upon the Insured’s request, to send
network garages or through the network of its service providers; and (i) The through available means of communication urgent messages to
Company shall be liable for only up to four emergency assistance services claims the persons specified by the Insured.
during the Policy Period: (j) Minor Repairs: In the event of the insured vehicle being
a) Towing due to an accident or breakdown: In the event of the insured immobilized due to a minor mechanical or electrical fault, the
vehicle being immobilized or rendered unfit for the purpose of driving Company shall assist the Insured by sending a vehicle technician to
on the road, the Company shall arrange for appropriate towing services the location of the insured vehicle to carry out Minor Repairs (as
to the nearest garage within a radius of 50 kms from the location of the defined below), provided always that the Company shall only be
Breakdown/accident, provided always that any charges for towing the liable for the expenses on labour cost and conveyance cost under
insured vehicle for a distance beyond the aforesaid limit shall be borne this Endorsement.
by the Insured. For the purpose of the Endorsement, Minor Repairs shall mean
b) Battery jump start: In the event of the insured vehicle being repairs which can be carried out at the location of
immobilized due to a run-down battery, the Company shall arrange for breakdown/accident, requiring no spares and would require less
a vehicle technician to jump start the insured vehicle with appropriate than 45 minutes of labour time.
means, provided always that any cost of charging/ replacement of Applicable Exclusions
battery shall be borne by the Insured and the Company shall only be The Company shall not be liable under this Endorsement in respect of:
liable for all labour and conveyance costs, towards battery jump start (a) providing the abovementioned services under conditions of
assistance under this Endorsement. earthquake, war, invasion, rebellion, revolt, riot, civil commotion,
c) Arrangement/ Supply of fuel: In the event of the insured vehicle being civil war, exceptional adverse weather conditions, acts of terrorism,
immobilized due to emptying of its fuel tank, the Company shall nuclear fission, strike, act(s) of government(s)m/ government
arrange for supply of up to five liters of fuel, at the location of the agencies / judicial /quasi-judicial authorities.
breakdown, provided always that all actual fuel costs shall be borne by (b) Any claims in respect of an insured vehicle which is being used for
the Insured and the Company shall only be liable for all labor costs and the purpose of racing, rallying, motor - sports, or is not being
conveyance costs under this Endorsement. used/driven in accordance with applicable laws and regulations.
d) Emptying of fuel tank: In the event of the fuel tank of the insured (c) Any claim in respect of an insured vehicle which can be safely
vehicle being filled with an incompatible fuel, the Company shall transferred on its own power to the nearest garage/workshop.
arrange for emptying of the fuel tank with the help of appropriate (d) Any claims arising out of theft;
technicians and if required, arrange for towing the insured vehicle to (e) Any form of consequential loss.
the nearest garage for the purpose of emptying the fuel tank, provided (f) Any loss which is covered under the Policy, any other insurance
always that all charges towards the towing of the vehicle shall be borne policy or manufacturer’s warranty or recall campaign or under any
by the Insured. other such packages at the same time.
e) Flat Tyre(s): In the event of the insured vehicle being immobilized due to (g) Any expenses for supply or replacement of parts/consumables.
a flat tyre, the Company shall assist the Insured by: (h) Any loss/damage caused to the insured vehicle when it is being
(i) Organizing for a vehicle technician to replace the flat tyre with the used/driven against the recommendations of the owner’s
spare stepney tyre of the vehicle at the location of breakdown; /manufacturer’s manual.
OR in the event of repairs not being possible at the place of (i) Any claims in respect of which services have been availed of
breakdown without the prior consent of the Company.
(ii) By arranging to take the flat tyre to the nearest place of repair and
UIN: IRDAN152RP0006V02201516/A0015V02201516
delivering the tyre back to the place of breakdown and attaching it
Tyre Cover Company.
Subject otherwise to the terms, exceptions, conditions and limitations of this • In case of replacement of tyre for which a claim is preferred under the
Policy, in consideration of payment of an additional premium by the Insured, it is coverage, replaced tyre can be included by way of endorsement by
hereby agreed and declared that notwithstanding any terms contrary under the paying requisite premium.
Policy, the Company hereby undertakes to indemnify the Insured for the cost of • All claims must be made within 3 working days of damage.
repair and/or replacement of tyres and tubes, as may be necessitated arising out • The Insured must take all reasonable steps to avoid loss or damage to
of accidental loss or damage or impact bulging of side wall excluding tyre(s). The Insured must not continue to drive the vehicle after any
manufacturing defect, chemical or atmospheric damages. damage or incident if the same could cause further damage to tyre(s).
Basis of Loss Settlement • Rim / Alloy (if not manufacturer fitted) to be covered, would require
extra premium along with the details
In any situation company's liability would not exceed the following, basis the
unused tread depth of respective tyre The clause will be inoperable:
Mean Unused Tread Admissible Claim Amount • If the vehicle meets with an accident and if the vehicle and the tyre(s)
Depth at the Time of Loss fitted onto the car also get damaged, only the base Private Car
Package/Comprehensive Policy will cover the tyre damage and no
>= 7 mm 100% of the cost of new tyre(s) and/or tube(s) separate claim would be payable under this Add on. However, in case
>=5 mm and <=6.9 mm 75% of the cost of new tyre(s) and/or tube(s) of the claim under the Add on cover exceeds the total claim payable
under the “Own Damage” section of the base Private Car
>=3mm and <= 4.9 mm 50% of the cost of new tyre(s) and/or tube(s) Package/Comprehensive Policy, such differential amount shall also be
payable as per the “Basis of Loss Settlement” mentioned above.
< 3mm Considered as normal wear and tear and is
• If any claim is made fraudulently or any claim is rejected due to
not covered
concealment of material facts, misrepresentation or fraud or any claim
Unused Tread depth will be measured at the centre of the tread. Minimum 4 due to any wilful act committed by Insured or persons authorised by
measurements at 4 different places will be taken for the purpose of arriving at Insured.
means tread depth which will be the basis of indemnity under the coverage. UIN: IRDAN152RP0006V02201516/A0022V01201819
Whenever replacement of tyre will be allowed it will be of the same make and
Daily Car Allowance
specification and if tyre of similar specification is not available and replaced tyre
is superior to damaged tyre then the Company will not be liable for betterment Subject otherwise to the terms, exceptions, conditions and limitations of this
charges. Maximum of 4 (four) tyre replacements will be allowed during the Policy, in consideration of payment of an additional premium by the Insured, it is
period of insurance. hereby agreed and declared that notwithstanding any terms contrary under the
If damage to tyre and tube is due to the accidental damage to the Insured Policy, the Company hereby undertakes to pay the Insured, Daily Car Allowance
Vehicle covered under "Own Damage" section of the policy, the Company’s as mentioned in the schedule to enable him/her to meet the cost of hired
liability under this cover will be restricted to the difference of depreciation transport to reduce his/her inconvenience, if the Insured Vehicle is damaged by a
percentage applied under "Own Damage" section and as mentioned above covered peril mentioned in section 1 of the base Private Car
basis the unused tread depth. Package/Comprehensive Policy.
The allowance would be payable for a maximum period of 10 days during the
Applicable Exclusions period of insurance. In case of theft/total loss claim, the Company will pay for
The claim will not be payable if any or all of the following condition applies: maximum 15 days during the period of insurance.
1. If vehicle is not repaired at Authorised garage Damages not admissible under section 1 of the Private Car
2. Loss or damage arising out of natural wear and tear including unevenly Package/Comprehensive Policy (as agreed between the Insured, surveyor &
worn tyres caused by defective steering geometry outside garage/workshop manager) would be excluded for the purpose of computation
manufacturer's recommended limits or wheel balance, failure of of Daily Car Allowance.
suspension component, wheel bearing or shock absorber The entitlement of Daily Car Allowance will start from the following calendar
3. Any loss or damage within first 15 days of inception of the policy day of the Insured Vehicle reaching the garage for repair & shall end on the day
4. Any loss or damage occurred prior to inception of the policy
garage intimates the Insured to take delivery of the Vehicle.
5. Any loss or damage resulting into total loss of the vehicle Applicable Exclusions
6. Routine maintenance including adjustment, alignment, balancing or
The Daily Car Allowance will not be payable if any or all of the following
rotation of wheels/tyres/tubes
condition applies:
7. Loss or damage to wheel accessories, any other parts or rim (unless
1. If the Insured is claiming only for windscreen or glass damage under
covered by paying additional premium)
section 1 of the policy.
8. Theft of tyre(s)/tube(s) or its parts accessories without vehicle being
2. If Vehicle is not repaired at the Authorised Garage
stolen or theft of entire vehicle
3. If claim under section 1 is not valid and admissible.
9. If the tyre(s)/tube(s) being claimed is different from tyre(s)
4. If time required for repair of motor vehicle is upto 3 days.
insured/supplied as original equipment along with the vehicle unless
informed to the Company and mentioned/endorsed on the policy UIN: IRDAN152RP0006V02201516/A0023V01201819
10. Any fraudulent or dishonest act NCB Protect
11. Loss or damage arising out of improper storage or transportation Subject otherwise to the terms, exceptions, conditions and limitations of this
12. Any consequential loss or damage such as but not limited to noises, Policy, in consideration of payment of an additional premium by the Insured, it is
vibrations and sensations that do not affect tyre function or hereby agreed and declared that notwithstanding any terms contrary under the
performance Policy, the Company hereby undertakes to allow the Insured the same No claim
13. Loss or damage arising out of modifications not approved by tyre bonus slab, as shown on policy schedule at the time of renewal provided-
manufacturer • The rate of No claim bonus as shown in the schedule is an accumulation
14. Loss or damage resulting from hard driving due to race, rally or illegal of applicable claim free year(s) and their being no own damage claim in
activities the applicable preceding years or
15. Loss or damage due to neglect of periodic maintenance as specified by • NCB reserving certificate being produced with minimum 20% NCB
manufacturer • Not more than 1 own damage claim is registered in the current period
16. Loss or damage resulting from poor workmanship while repair of insurance.
17. Loss or damage arising out of any manufacturing defect or design • The renewal of policy is done with the Company within 90 days of
including manufacturer's recall expiry of the policy
18. Minor damage or scratch not affecting the functioning • The claim in the current period of insurance is not a Total LOSS
19. Tyre which has been used for its full specified life as per manufacturer's (TL)/Constructive Total Loss (CTL)
guideline or where unused tread depth is less than 3 mm Special conditions applicable to this benefit in addition to the general
Important Conditions conditions:
• If the Insured makes a fraudulent claim which is declined as per • The claim made with us is for damages only to the windscreen
Applicable Exclusions mentioned above, coverage under this section glass/rear glass/door glasses sun roof glass, will not be considered as a
shall cease with immediate effect. claim under this benefit.
• If during the period of insurance any tyre is replaced for any reason for • The claim for only partial theft of accessories/parts will not be
which claim is not preferred under the coverage, cover on new tyre considered as a claim under this benefit.
would not be available unless details of new tyre are informed to the • A claim for theft of entire motor vehicle will not be considered as a
TL/CTL for this purpose provided a new motor vehicle is purchased and
insured with the Company within 90 days of the theft, in which case, 3. The Company shall not accept any claim under this Add-on, where a
the Company will allow same No claim bonus on new motor vehicle as claim under Section I of the Policy is not payable
is shown in the schedule. 4. The insured will bear first `250 of each and every claim under this
• The Insured must prove eligibility of NCB by way of a renewal notice or section. (This may be waived for specific channels, locations, segments
No claim confirmation letter from the previous Insurer or any other category of customers as per the market dynamics)
• Mid-term inclusion or removal of this cover shall not be allowed UIN: IRDAN152RP0006V02201516/A0025V01201819
• In case of partial loss, the NCB in this clause cannot be transferred from
Key Replacement
one vehicle to another – even if both or multiple vehicles are in the
name of the same Insured Subject otherwise to the terms, exclusion, conditions and limitations of this
• On the death of the Insured, this clause will continue to operate Policy, in consideration of the payment of an additional premium by the Insured,
provided the vehicle is transferred in the name of a legal heir and the it is hereby agreed and understood that notwithstanding any other terms
same is endorsed in the policy contrary under the Policy, We hereby undertake to indemnify the Insured, the
cost of repair / replacement of Insured Vehicle key(s), including labor cost, in
This Clause will not operate under following conditions case key(s) of Insured Vehicle are lost / stolen or damaged.
• This clause will be inoperable on the transfer of the vehicle. On transfer, Special Conditions
the buyer will have to purchase this clause afresh by payment of full 1. In case of theft of Insured Vehicle key(s) entire set of Insured Vehicle key,
annual premium. lock and lockset would be replaced.
• This clause will not operate if NCB in the existing policy is wrongly 2. Claim resulting from Burglary or theft should be supported by a First
claimed and insured is ineligible for the NCB. Information Report(FIR) filed with the police authorities
• This clause will not operate if any claim is made fraudulently or any 3. Maximum 2 replacements/reimbursements will be allowed during the
claim is rejected due to concealment of material facts, policy period.
misrepresentation or fraud. 4. We pay only up to 50% of Sum Insured opted as mentioned in the
Cancellation Clause policy schedule, per occurrence during the policy period.
The NCB Protect will be cancelled if: 5. In case of lost or stolen keys, all other duplicates of the lost or stolen
1. NCB is wrongly claimed in a policy and insured is ineligible for NCB keys must be deposited with us.
2. Any Own Damage claim fraudulently made 6. A claim preferred under this Clause would not impact the No Claim
3. Any misrepresentation/concealment of facts resulting in a claim or Bonus under the Base Package Policy covering the insured’s vehicle.
leakage of premium This is subject to no other claim for damage to / loss of the vehicle
Refund of premium will not be made on cancellation of this cover due to the during the policy period.
above reasons. Applicable Exclusions
UIN: IRDAN152RP0006V02201516/A0024V01201819 The Company shall not be liable under this Add-on in respect of:
1. Any loss which is not covered under the Add-on of Policy
Loss of Personal Belongings
2. The cost to replace keys to vehicles that You do not own for
Subject otherwise to the terms, exclusions, conditions and limitations of this
personal use
Policy, in consideration of the payment of an additional premium by the Insured,
UIN: IRDAN152RP0006V02201516/A0026V01201819
it is hereby agreed and understood that notwithstanding any other terms
contrary under the Policy, we will pay for the loss or damage to You and Your Grievance Redressal
Family member’s personal belongings caused by perils mentioned under section For resolution of any query or grievance, Insured may contact the respective
1 of the Comprehensive policy while personal belongings are in the vehicle at branch office of the Company or may call toll free number 1800 266 4545 or
the time of loss or damage to the vehicle. may write an e- mail at [email protected].
Personal belongings for the purpose of this section means items such as In case the Insured is not satisfied with the response, Insured may contact the
clothes and other articles of personal nature likely to be worn, used or carried Grievance Officer of the Company at [email protected].
In case if the Insured is not satisfied with the solution the Grievance Officer has
and includes audio/video tapes, CDs but excludes money, securities, cheques,
bank drafts, credit or debit cards, jewellery, lens, glasses, travel tickets, watches, provided, Insured can write to [email protected]
valuables, manuscripts, paintings and items of similar nature. Any goods or /[email protected].
samples or belongings carried in connections with any trade or business is not However, if the resolution provided by us is not satisfactory you may approach
covered. Insurance Regulatory and Development Authority of India (IRDAI) through the
Family member’s for the purpose of this section includes Self, lawfully wedded Integrated Grievance Management Section (IGMS) or IRDA Grievance Call
spouse, son, daughter, mother, father, brother, sister, mother in-law, father in- Centre (IGCC) at their toll free no.155255.
law, son in-law, daughter in-law, brother in-law, sister in-law. You may also approach Insurance Ombudsman, subject to vested jurisdiction,
for the redressal of grievance. The details of the Insurance Ombudsman is
Special Conditions available at Annexure I.
1. The cover under this Add-on shall be applicable only if official police The details of the Insurance Ombudsman/ Complete Grievance
report is filed for claims due to burglary, house-breaking or theft. R e d re s s a l P ro c e s s i s a l s o a v a i l a b l e a t C o m p a n y ’s w e b s i t e :
2. The maximum amount payable during the period of insurance under www.kotakgeneralinsurance.com
this section is as specified in the Schedule. The updated details of Insurance Ombudsman offices are also
available on the website of Executive Council of Insurers:
www.ecoi.co.in/ombudsman.html
Annexure I: Details of Insurance Ombudsman

Office Details Jurisdiction of Office Union Territory, District
Ahmedabad: Office of the Insurance Ombudsman,6th Floor, Jeevan Prakash Bldg, Tilak Marg, Relief Road, Gujarat, Dadra & Nagar Haveli,
Ahmedabad - 380001. Tel nos: 079-25501201/02/05/06. email: [email protected] Daman and Diu.
Bengaluru: Office of the Insurance Ombudsman, Jeevan Soudha Building, PID No. 57-27-N-19 Gr. Floor, 19/19, Karnataka.
24th Main Road, JP Nagar, 1st Phase, Bengaluru – 560 078. Tel.: 080 - 26652048 / 26652049.
Email: [email protected]
Bhopal: Office of the Insurance Ombudsman, Janak Vihar Complex, 2nd Floor, 6, Malviya Nagar, Opp. Airtel, Madhya Pradesh and Chattisgarh.
Near New Market, BHOPAL(M.P.)-462 003.Tel.:- 0755-2769201 / 2769202, Fax : 0755-2769203.
Bhubneshwar: Office of the Insurance Ombudsman, 62, Forest park, Bhubneshwar – 751 009. Orissa.
Tel.: 0674 - 2596461/2596455, Fax: 0674 - 2596429, Email: [email protected]
Chandigarh: Office of the Insurance Ombudsman, S.C.O. No. 101, 102 & 103, 2nd Floor, Batra Building, Punjab, Haryana,Himachal Pradesh,
Sector 17 – D, Chandigarh – 160 017. Tel.: 0172 - 2706196 / 2706468, Fax: 0172 - 2708274, Jammu & Kashmir, Chandigarh.
Chennai: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453,Anna Salai, Teynampet, Tamil Nadu, Pondicherry Town and Karaikal
Chennai – 600 018. Tel.: 044 - 24333668 / 24335284, Fax: 044 - 24333664, (which are part of Pondicherry).
New Delhi: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, Delhi.
New Delhi – 110 002. Tel.: 011 - 23239633 / 23237532 Fax: 011 - 23230858
Guwahati: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Nr. Panbazar over bridge, S.S. Road, Assam, Meghalaya, Manipur, Mizoram,
Guwahati – 781001(ASSAM). Tel.: 0361 - 2132204 / 2132205, Fax: 0361 - 2732937 Arunachal Pradesh, Nagaland and Tripura.
Hyderabad: Office of the Insurance Ombudsman, 6-2-46, 1st floor, "Moin Court", Lane Opp. Saleem Function Andhra Pradesh, Telangana, Yanam and part of
Palace, A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004. Tel.: 040 - 65504123 / 23312122, Territory of Pondicherry.
Fax: 040 - 23376599. Email: [email protected]
Jaipur: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Rajasthan.
Jaipur - 302 005. Tel.: 0141 - 2740363, Email: [email protected]
Ernakulam: Office of the Insurance Ombudsman,2nd floor, Pulinat Building, Opp. Cochin Shipyard, M.G. Road, Kerala, Lakshadweep,
Ernakulum - 682 015. Tel.:- 0484-2358759 / 2359338, Fax:- 0484-2359336, Mahe-a part of Pondicherry.
Kolkata: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 4th Floor, 4, C.R. Avenue, West Bengal, Sikkim,
Kolkata - 700 072. Tel.: 033 - 22124339 / 22124340, Fax : 033 - 22124341, Andaman & Nicobar Islands.
Lucknow: Office of the Insurance Ombudsman,6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Districts of Uttar Pradesh: Laitpur, Jhansi, Mahoba, Hamirpur, Banda,
Hazratganj, Lucknow - 226 001. Tel.: 0522 - 2231330 / 2231331, Fax: 0522 - 2231310. Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh,
Email: [email protected] Jaunpur, Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur,
Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad,
Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur,
Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria,
Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar.
Mumbai: Office of the Insurance Ombudsman,3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Goa, Mumbai Metropolitan Region
Mumbai - 400 054. Tel.: 022 - 26106552 / 26106960 Fax: 022 - 26106052. excluding Navi Mumbai & Thane.
Noida: Office of the Insurance Ombudsman, Bhagwan Sahai Palace, 4th Floor, Main Road, Naya Bans, Sector-15, State of Uttaranchal and the following Districts of Uttar Pradesh: Agra,
Distt: Gautam Buddh Nagar, Noida, U.P-201301. Tel.: 0120-2514250 / 2514252 / 2514253. Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah,Kanooj,
Email:- [email protected] Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit,
Etawah, Farrukhabad, Firozbad, Gautambodhanagar, Ghaziabad, Hardoi,
Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha,
Hathras, Kanshiramnagar, Saharanpur.
Patna: Office of the Insurance Ombudsman, 1st Floor, Kalpana Arcade Building, Bazar Samiti Road, Bahadurpur, Bihar and Jharkhand.
Patna - 800 006. Tel.: 0612-2680952. Email:- [email protected]
Pune: Office of the Insurance Ombudsman,Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Maharashtra, Area of Navi Mumbai and Thane
Kelkar Road, Narayan Peth,Pune – 411 030. Tel.: 020 - 41312555. Email: [email protected] excluding Mumbai Metropolitan Region.
INDIA MOTOR TARIFF – ENDORSEMENTS

IMT. 1. Extension of Geographical Area In consequence of this change, an extra / refund premium of `............. is
In consideration of the payment of an additional premium of `.................it is charged/ allowed to the insured.
hereby understood and agreed that notwithstanding anything contained in this Subject otherwise to the terms exceptions conditions and limitations of this
Policy to the contrary the Geographical Area in this Policy shall from the ... /... Policy.
/....... to the ... /... /.......(both days inclusive) be deemed to include.*
Registration Engine/ Make Type of C.C. Year of Seating capacity IDV
It is further specifically understood and agreed that such geographical extension No. Chassis No. Body Manufacture including Driver
excludes cover for damage to the vehicle insured/ injury to its occupants / third
party liability in respect of the vehicle insured during sea voyage / air passage for
the purpose of ferrying the vehicle insured to the extended geographical area.
Subject otherwise to the terms exceptions conditions and limitations of this Policy.
NOTE: *Insert Nepal/ Sri Lanka/ Maldives/ Bhutan/ Pakistan/Bangladesh as the
case may be. IMT. 5. Hire Purchase Agreement
It is hereby understood and agreed that.................. (hereinafter referred to as
IMT. 2. Agreed Value Clause
the Owners) are the Owners of the vehicle insured and that the vehicle insured is
(Applicable only to Vintage Cars) subject of an Hire Purchase Agreement made between the Owners on the one
It is hereby declared and agreed that in case of TOTAL LOSS/CONSTRUCTIVE part and the insured on the other part and it is further understood and agreed
TOTAL LOSS of the Vintage Car insured hereunder due to a peril insured against, that the Owners are interested in any monies which but for this Endorsement
the amount payable will be the Insured's Declared Value (IDV) of the vehicle as would be payable to the insured under this policy in respect of such loss or
mentioned in the Policy without deduction of any depreciation. damage to the vehicle insured as cannot be made good by repair and / or
It is further declared and agreed that in case of partial loss to the vehicle, replacement of parts and such monies shall be paid to the Owners as long as
depreciation on parts replaced will be as stated in Section I of the Policy. they are the Owners of the vehicle insured and their receipt shall be a full and
Subject otherwise to the terms exceptions conditions and limitations of this Policy. final discharge to the insurer in respect of such loss or damage.
It is further declared and agreed that for the purpose of the Personal Accident
IMT. 3. Transfer of Interest
Cover for the owner driver granted under this policy, the insured named in the
It is hereby understood and agreed that as from...../...../......... the interest in the policy will continue to be deemed as the owner-driver subject to compliance of
policy is transferred to and vested in .......of ....... carrying on or engaged in the provisions of the policy relating to this cover.
business or profession of ...... who shall be deemed to be the insured and whose
Save as by this Endorsement expressly agreed nothing herein shall modify or
proposal and declaration dated ...... /........./............. shall be deemed to be
affect the rights and liabilities of the insured or the insurer respectively under or
incorporated in and to be the basis of this contract.
in connection with this Policy.
Provided always that for the purpose of the No Claim Bonus, no period during
Subject otherwise to the terms exceptions conditions and limitations of this
which the interest in this policy has been vested in any previous Insured shall
policy.
accrue to the benefit of.
Subject otherwise to the terms exceptions conditions and limitations of this policy. IMT. 6. Lease Agreement
It is hereby understood and agreed that.............. (hereinafter referred to as the
IMT. 4. Change of Vehicle
Lessors) are the Owners of the vehicle insured and that the vehicle insured is the
It is hereby understood and agreed that as from ...... /........./............. the vehicle subject of a Lease Agreement made between the Lessor on the one part and the
bearing Registration Number ............ is deemed to be deleted from the insured on the other part and it is further understood and agreed that the
Schedule of the Policy and the vehicle with details specified hereunder is Lessors are interested in any monies which but for this Endorsement would be
deemed to be included therein- payable to the insured under this policy in respect of such loss or damage to the
vehicle insured as cannot be made good by repair and / or replacement of parts Subject otherwise to the terms, exceptions, conditions and limitations of the
and such monies shall be paid to the Lessors as long as they are the Owners of policy
the vehicle insured and their receipt shall be a full and final discharge to the NOTE:
insurer in respect of such loss or damage. It is also understood and agreed that 1. * The name of the certifying Automobile Association is to be inserted.
notwithstanding any provision in the Leasing Agreement to the contrary, this
2. ** Premium discount calculated as per tariff provision is to be inserted. For
policy is issued to the insured namely ...... as the principal party and not as agent
mid-term certification of installation of Anti-Theft device pro-rata proportion
or trustee and nothing herein contained shall be construed as constituting the
of tariff discount for the unexpired period is to be inserted.
insured an agent or trustee for the Lessors or as an assignment (whether legal or
equitable) by the insured to the Lessors, of his rights benefits and claims under IMT. 11. A. Vehicles Laid Up
this policy and further nothing herein shall be construed as creating or vesting (Lay-up period declared)
any right in the Owner/Lessor to sue the insurer in any capacity whatsoever for Notwithstanding anything to the contrary contained herein it is hereby
any alleged breach of its obligations hereunder. understood and agreed that from........ /......... /........... to........ /......... /...........
It is further declared and agreed that for the purpose of the Personal Accident the vehicle insured is laid up in garage and not in use and during this period all
Cover for the owner-driver granted under this policy, the insured named in the liability of the insurer under this policy in respect of the vehicle insured is
policy will continue to be deemed as the owner-driver subject to compliance of suspended SAVE ONLY IN RESPECT OF LOSS OR DAMAGE TO THE SAID
provisions of the policy relating to this cover. VEHICLE CAUSED BY FIRE EXPLOSION SELF-IGNITION OR LIGHTNING OR
Save as by this Endorsement expressly agreed nothing herein shall modify or BURGLARY, HOUSEBREAKING, THEFT OR RIOT STRIKE MALICIOUS DAMAGE
affect the rights and liabilities of the insured or the insurer respectively under or TERRORISM OR STORM TEMPEST FLOOD INUNDATION OR EARTHQUAKE
in connection with this Policy. PERILS, in consideration whereof
Subject otherwise to the terms exceptions conditions and limitations of this a) # The insurer will deduct from the next renewal premium the sum of
policy. `............* and the No Claim Bonus (if any) shall be calculated on the
next renewal premium after deduction of such sum.
IMT. 7. Vehicles subject to Hypothecation Agreement
b) #The period of insurance by this policy is extended to........ /......... /
It is hereby declared and agreed that the vehicle insured is pledged to /
........... in view of the payment of an additional premium of `...........**
hypothecated with................... (hereinafter referred to as the Pledgee) and it is
Subject otherwise to the terms exceptions conditions and limitations of this policy.
further understood and agreed that the Pledgee is interested in any monies
which but for this Endorsement would be payable to the insured under this NOTE:
policy in respect of such loss or damage to the vehicle insured as cannot be 1. # To delete (a) or (b) as per option exercised by the insured.
made good by repair and / or replacement of parts and such monies shall be 2. * The proportionate full policy premium for the period of lay up less the
paid to the Pledgee as long as they are the Pledgee of the vehicle insured and proportionate premium for the Fire and /or Theft risks for the lay-up periods
their receipt shall be a full and final discharge to the insurer in respect of such is to be inserted.
loss or damage. 3. ** The proportionate premium required for Fire and / or Theft cover for the
It is further declared and agreed that for the purpose of the Personal Accident vehicle for the laid up period is to be inserted.
Cover for the owner-driver granted under this policy, the insured named in the 4. In case of Liability Only Policies the words in CAPITALS should be deleted.
policy will continue to be deemed as the owner-driver subject to compliance of 5. In case of policies covering Liability Only and
provisions of the policy relating to this cover.
a) Fire risks, the words ‘BURGLARY HOUSEBREAKING OR THEFT' are to be
Save as by this Endorsement expressly agreed that nothing herein shall modify deleted;
or affect the rights or liabilities of the Insured or the Insurer respectively under or
b) Theft risks, the words ‘FIRE EXPLOSION SELF IGNITION OR LIGHTNING'
in connection with this Policy or any term, provision or condition thereof.
are to be deleted.
Subject otherwise to the terms exceptions conditions and limitations of this
c) Fire and Theft risks no part of the words in capitals are to be deleted.
policy.
IMT. 11. B. Vehicles Laid Up
IMT. 8. Discount for Membership of Recognized Automobile
(Lay-up period not declared)
Associations
Notwithstanding anything to the contrary contained herein it is hereby
It is hereby understood and agreed that in consideration of insured's
understood and agreed that as from........ /......... /........... the vehicle no.
membership of ......** a discount in premium of ` ...............* is allowed to the
........... insured hereunder is laid up in garage and not in use and liability of the
insured hereunder from ... /... /.......
insurer under this policy in respect of the said vehicle is suspended SAVE ONLY
It is further understood and agreed that if the insured ceases to be a member of the
IN RESPECT OF LOSS OR DAMAGE TO THE SAID VEHICLE CAUSED BY FIRE
above mentioned association during the currency of this Policy the insured shall
EXPLOSION SELF-IGNITION OR LIGHTNING OR BURGLARY, HOUSEBREAKING,
immediately notify the insurer accordingly and refund to the insurer a
THEFT OR RIOT STRIKE MALICIOUS DAMAGE TERRORISM OR STORM TEMPEST
proportionate amount of the discount allowed on this account for the unexpired
FLOOD INUNDATION OR EARTHQUAKE PERILS.
period of the cover.
Subject otherwise to the terms exceptions conditions and limitations of this Policy.
Subject otherwise to the terms exceptions conditions and limitations of the policy
NOTE:
NOTE:
1. In case of Liability Only Policies the words in CAPITALS should be deleted.
1. * For full policy period, the full tariff discount to be inserted. For mid-term
2. In case of policies covering Liability Only and
membership, pro-rata proportion of the tariff discount for the unexpired
policy period is to be inserted. a) Fire risks, the words 'BURGLARY HOUSEBREAKING OR THEFT' are to be
deleted;
2. ** Insert name of the concerned Automobile Association.
b) Theft risks, the words 'FIRE EXPLOSION SELF IGNITION OR LIGHTNING'
IMT. 9. Discount for Vintage Cars are to be deleted.
It is hereby understood and agreed that in consideration of the insured car c) Fire and Theft risks no part of the words in capitals are to be deleted.
having been certified as a Vintage Car by the Vintage and Classic Car Club of
India, a discount of `.............* is allowed to IMT. 11. C. Termination of the Undeclared Period of Vehicle Laid up
The insured from........ /......... /........... It is hereby understood and agreed that the insurance by this Policy in respect of
vehicle no. ..... insured hereunder is reinstated in full from........ /......... /...........
Subject otherwise to the terms exceptions conditions and limitations of the policy
and the Endorsement IMT 11(B) attaching to this policy shall be deemed to be
NOTE: cancelled. It is further agreed that in consideration of the period during which
*Amount calculated as per tariff provision is to be inserted. For mid-term the vehicle no. ......... has been out of use
certification as Vintage Car pro-rata proportion of tariff discount for the a) #The insurer will deduct from the next renewal premium the sum of
unexpired period is to be inserted. `..............* and the No Claim Bonus (if any) shall be calculated on the
IMT. 10. Installation of Anti-Theft Device next renewal premium after deduction of such sum.
In consideration of certification by .......* that an Anti-Theft device approved by b) #The period of insurance by this policy is extended to ..../..../....... in view
Automobile Research Association of India (ARAI), Pune has been installed in the of the payment of an additional premium of `................**
vehicle insured herein a premium discount of `...............** is hereby allowed to Subject otherwise to the terms exceptions conditions and limitations of this policy.
the insured. NOTE:
It is hereby understood and agreed that the insured shall ensure at all times that 1. # To delete (a) or (b) as per option exercised by the insured.
this Anti-theft device installed in the vehicle insured is maintained in efficient 2. *The proportionate full policy premium for the period of lay up less the
condition till the expiry of this policy.
proportionate premium for the Fire and /or Theft risks for the lay-up periods
Nature of Injury Scale of compensation
is to be inserted.
3. **The proportionate premium required for Fire and / or Theft cover for i) Death 100%
the vehicle for the laid-up period is to be inserted .
ii) Loss of two limbs or sight of two eyes 100%
IMT. 12. Discount for Specially Designed/Modified Vehicles for the Blind, or one limb and sight of one eye
Handicapped and Mentally Challenged Persons
iii) Loss of one limb or sight of one eye 50%
Notwithstanding anything to the contrary contained in the policy it is hereby
understood and agreed that the vehicle insured being specially designed iv) Permanent total disablement from 100%
/modified for use of blind, handicapped and mentally challenged persons and injuries other than named above
suitable endorsement to this effect having been incorporated in the
Registration Book by the Registering Authority, a discount of 50% on the Own Provided always that:
Damage premium for the vehicle insured is hereby allowed to the insured. 1) Compensation shall be payable under only one of the items (i) to (iv) above in
Subject otherwise to the terms exceptions conditions and limitations of the policy. respect of any such person arising out of any one occurrence and total liability
of the insurer shall not in the aggregate exceed the sum of `...............* during
IMT. 13. Use of Vehicle within Insured’s Own Premises any one period of insurance in respect of any such person.
It is hereby understood and agreed that the insurer shall not be liable in respect 2) No compensation shall be payable in respect of death or injury directly or
of the vehicle insured while the vehicle is being used elsewhere than in the indirectly wholly or in part arising or resulting from or traceable to (a)
insured's premises except where the vehicle is specifically required for a mission intentional self-injury suicide or attempted suicide physical defect or
to fight a fire. infirmity or (b) an accident happening whilst such person is under the
For the purposes of this endorsement 'Use confined to own premises' shall mean influence of intoxicating liquor or drugs.
use only on insured's premises to which public have no general right of access. 3) Such compensation shall be payable only with the approval of the insured
named in the policy and directly to the injured person or his/her legal
IMT. 15. Personal Accident Cover to the Insured or any Named Person
representative(s) whose receipt shall be a full discharge in respect of the
other than Paid Driver or Cleaner injury of such person.
{Applicable to private cars including three wheelers rated as private cars (not for 4) Not more than....** persons/passengers are in the vehicle insured at the
hire or reward)} time of occurrence of such injury.
In consideration of the payment of an additional premium it is hereby agreed Subject otherwise to the terms exceptions conditions and limitations of this policy.
and understood that the Company undertakes to pay compensation on the
NOTE:
scale provided below for bodily injury as hereinafter defined sustained by the
insured person in direct connection with the vehicle insured or whilst mounting 1. * The Capital Sum Insured (CSI) per passenger is to be inserted.
and dismounting from or traveling in vehicle insured and caused by violent 2. ** The registered sitting capacity of the vehicle insured is to be inserted.
accidental external and visible means which independently of any other cause
IMT. 17. Personal Accident Cover to Paid Drivers, Cleaners and
shall within six calendar months of the occurrence of such injury result in:-
Conductors
Nature of Injury Scale of compensation In consideration of the payment of an additional premium, it is hereby
understood and agreed that the insurer undertakes to pay compensation on the
i) Death 100%
scale provided below for bodily injury as hereinafter defined sustained by the
ii) Loss of two limbs or sight of two eyes 100% paid driver/cleaner/conductor in the employ of the insured in direct connection
or one limb and sight of one eye with the vehicle insured whilst mounting into dismounting from or traveling in
the insured vehicle and caused by violent accidental external and visible means
iii) Loss of one limb or sight of one eye 50% which independently of any other cause shall within six calendar months of the
iv) Permanent total disablement from 100% occurrence of such injury result in :
injuries other than named above Nature of Injury Scale of compensation
Provided always that
i) Death 100%
1) Compensation shall be payable under only one of the items (i) to (iv) above
in respect of any such person arising out of any one occurrence and total ii) Loss of two limbs or sight of two eyes 100%
liability of the insurer shall not in the aggregate exceed the sum of or one limb and sight of one eye
`..................* during any one period of insurance in respect of any such
iii) Loss of one limb or sight of one eye 50%
person.
2) No compensation shall be payable in respect of death or injury directly or iv) Permanent total disablement from 100%
indirectly wholly or in part arising or resulting from or traceable to (a) injuries other than named above
intentional self-injury suicide or attempted suicide physical defect or
infirmity or (b) an accident happening whilst such person is under the
influence of intoxicating liquor or drugs. 1) Compensation shall be payable under only one of the items (i) to (iv) above
in respect of any such person arising out of any one occurrence and total
3) Such compensation shall be payable only with the approval of the insured
liability of the insurer shall not in the aggregate exceed the sum of
named in the policy and directly to the injured person or his/her legal
`...............* during any one period of insurance in respect of any such
person.
injury of such person.
2) No compensation shall be payable in respect of death or injury directly or
Subject otherwise to the terms exceptions conditions and limitations of this policy.
indirectly wholly or in part arising or resulting from or traceable to (a)
NOTE: * The Capital Sum Insured (CSI) per passenger is to be inserted. intentional self-injury suicide or attempted suicide physical defect or
IMT. 16. Personal Accident to Unnamed Passengers other than Insured infirmity or (b) an accident happening whilst such person is under the
and the Paid Driver and Cleaner influence of intoxicating liquor or drugs.
{For vehicles rated as Private cars (not for hire or reward) with or without side 3) Such compensation shall be payable only with the approval of the insured
car} named in the policy and directly to the injured person or his/her legal
In consideration of the payment of an additional premium it is hereby
injury of such person.
understood and agreed that the insurer undertakes to pay compensation on the
scale provided below for bodily injuries hereinafter defined sustained by any Subject otherwise to the terms exceptions conditions and limitations of this
passenger other than the insured and/or the paid driver attendant or cleaner policy.
and/or a person in the employ of the insured coming within the scope of the NOTE: * The Capital Sum Insured (CSI) per person is to be inserted.
Workmen's Compensation Act, 1923 and subsequent amendments of the said
IMT. 19. Cover for Vehicles Imported without Customs Duty
Act and engaged in and upon the service of the insured at the time such injury is
sustained whilst mounting into, dismounting from or traveling in the insured Notwithstanding anything to the contrary contained in this policy it is hereby
motor car and caused by violent, accidental, external and visible means which understood and agreed that in the event of loss or damage to the vehicle
independently of any other cause shall within three calendar months of the insured and/or its accessories necessitating the supply of a part not obtainable
occurrence of such injury result in: from stocks held in the country in which the vehicle insured is held for repair or
in the event of the insurer exercising the option under ...., * to pay in cash the
amount of the loss or damage the liability of the insurer in respect of any such and exceptions of Section1 of the policy against loss and/or damage to the
part shall be limited to: CNG/LPG kit fitted in the vehicle insured arising from an accidental loss or
a) (i)The price quoted in the latest catalogue or the price list issued by the damage to the vehicle insured, subject to the limit of the Insured's Declared
Manufacturer or his Agent for the country in which the vehicle insured is Value of the CNG/LPG kit specified in the Schedule of the policy.
held for repair less depreciation applicable; OR Subject otherwise to the terms conditions limitations and exceptions of this
(ii) If no such catalogue or price list exists the price list obtaining at the Policy.
Manufacturer's Works plus the reasonable cost of transport otherwise than NOTE: * To insert sum arrived at in terms of G.R.42.
by air to the country in which the vehicle insured is held for repair and the
amount of the relative import duty less depreciation applicable under the IMT. 26. Fire and/or Theft Risks Only
Policy; and Notwithstanding anything to the contrary contained in the policy it is hereby
b) The reasonable cost of fitting such parts. understood and agreed that Section II of the Policy is deemed to be cancelled
and under Section I thereof the insurer shall only be liable to indemnify the
Subject otherwise to the terms conditions limitations and exceptions of this
insured against loss or damage by fire explosion self-ignition lightning and/or
Policy.
burglary housebreaking theft and riot strike malicious damage terrorism storm
NOTE: * Insert 'Condition 3' in the case of the Private. tempest flood inundation and earthquake perils whilst the vehicle is laid up in
IMT. 20. Reduction in the Limit of Liability for Property Damage garage and not in use.
It is hereby understood and agreed that notwithstanding anything to the Subject otherwise to the terms conditions limitations and exceptions of this
contrary contained in the policy the insurers liability is limited to `6000/- Policy.
(Rupees six thousand only) for damage to property other than the property NOTE:
belonging to the insured or held in trust or in custody or control of the insured. 1. In case of Fire Risk only, the words 'burglary housebreaking theft' are to be
In consideration of this reduction in the limit of liability a reduction in premium deleted.
of `..........* is hereby made to the insured. 2. In case of Theft Risk only, the words 'fire explosion self ignition lightning riot
Subject otherwise to the terms conditions limitations and exceptions of the strike malicious damage terrorism storm tempest flood inundation and
policy. earthquake perils' are to be deleted.
NOTE: *To insert `100 for private cars.
IMT. 27. Liability and Fire and/or Theft
IMT. 22. Compulsory Deductible Notwithstanding anything to the contrary contained in the policy it is hereby
(Applicable to Private Cars, three wheelers rated as private cars, taxis, private car understood and agreed that Section I of the Policy the insurer shall not be liable
type vehicle plying for public/private hire, private type taxi let out on private hire) there under except in respect of loss or damage by fire explosion self-ignition
Not with standing anything to the contrary contained in the policy it is hereby lightning and/or burglary housebreaking theft and riot strike malicious damage
understood and agreed that the insured shall bear under Section 1 of the policy terrorism storm tempest flood inundation and earthquake perils.
in respect of each and every event (including event giving rise to a total Subject otherwise to the terms conditions limitations and exceptions of the
loss/constructive total loss) the first `.............* (or any less expenditure which Policy.
may be incurred) of any expenditure for which provision has been made under NOTE:
this policy and/or of any expenditure by the insurer in the exercise of his 1. In case of Liability and Fire Risks only, the words 'burglary housebreaking
discretion under Condition no ...........** of this policy. theft' are to be deleted.
If the expenditure incurred by the insurer shall include any amount for which the 2. In case of Liability and Theft Risks only, the words 'fire explosion self ignition
insured is responsible hereunder such amount shall be repaid by the insured to lightning riot strike malicious damage terrorism storm tempest flood
the insurer forthwith. inundation and earthquake perils' are to be deleted.
For the purpose of this Endorsement the expression “event” shall mean an
event or series of events arising out of one cause in connection with the vehicle IMT. 28. Legal Liability to paid Driver and/or Conductor and/or Cleaner
insured in respect of which indemnity is provided under this policy. employed in connection with the operation of Insured Vehicle
Subject otherwise to the terms conditions limitations and exceptions of this In consideration of an additional premium of ` 50/- notwithstanding anything
Policy. to the contrary contained in the policy it is hereby understood and agreed that
NOTE: the insurer shall indemnify the insured against the insured's legal liability under
the Workmen's Compensation Act, 1923 , the Fatal Accidents Act, 1855 or at
1. *(i). To insert amount as appropriate to the class of vehicle insured as per
Common Law and subsequent amendments of these Acts prior to the date of
GR.40 of the tariff.
this Endorsement in respect of personal injury to any paid driver and/or
(ii). In respect of a vehicle rated under the Tariff for Private Car, if any conductor and/or cleaner whilst engaged in the service of the insured in such
deductible in addition to the compulsory deductible provided in this occupation in connection with the vehicle insured herein and will in addition be
endorsement is voluntarily borne by the insured, the sum representing responsible for all costs and expenses incurred with its written consent.
the aggregate of the compulsory and the voluntary deductibles is to be
inserted.
1) This Endorsement does not indemnify the insured in respect of any liability
2. ** To insert Condition no 3 in respect of a vehicle rated under Tariff for
in cases where the insured holds or subsequently effects with any insurer or
Private Car.
group of insurers a Policy of Insurance in respect of liability as herein defined
IMT. 24. Electrical / Electronic Fittings for insured's general employees;
(Items fitted in the vehicle but not included in the manufacturer's listed selling 2) The insured shall take reasonable precautions to prevent accidents and shall
price of the vehicle; Package Policy only) comply with all statutory obligations;
In consideration of the payment of additional premium of `.........., 3) * the insured shall keep record of the name of each paid driver conductor
notwithstanding anything to the contrary contained in the policy it is hereby cleaner or persons employed in loading and/or unloading and the amount
understood and agreed that the insurer will indemnify the insured against loss of wages and salaries and other earnings paid to such employees and shall
of or damage to such electrical and/ or electronic fitting(s) as specified in the at all times allow the insurer to inspect such records on demand.
schedule whilst it/these is/are fitted in or on the vehicle insured where such loss 4) In the event of the Policy being cancelled at the request of the insured no
or damage is occasioned by any of the perils mentioned in Section.1 of the refund of the premium paid in respect of this Endorsement will be allowed.
policy. Subject otherwise to the terms conditions limitations and exceptions of the
The insurer shall, however, not be liable for loss of or damage to such fitting(s) Policy except so far as necessary to meet the requirements of the Motor Vehicles
caused by/as a result of mechanical or electrical breakdown. Act, 1988.
Provided always that the liability of the insurer hereunder shall not exceed the NOTE: *In case of Private cars (not used for hire or reward) delete this para.
Insured's Declared Value (IDV) of the item.
IMT. 29. Legal Liability to Employees of the Insured other than Paid
Driver and/or Conductor and/or Cleaner who may be traveling or
Policy.
driving in the Employee’s Car
IMT. 25. CNG/LPG Kit In Bi-Fuel System {Private Cars only (not for hire or reward)}
(Own Damage cover for the kit) In consideration of the payment of an additional premium @ ` 25/-per
In consideration of the payment of premium of `..............* notwithstanding employee insured notwithstanding anything to the contrary contained in the
anything to the contrary contained in the policy it is hereby understood and policy it is hereby understood and agreed that the insurer will indemnify the
agreed that the insurer will indemnify the insured in terms conditions limitations insured against the insured's liability at Common Law and Statutory Liability
under the Fatal Accidents Act, 1855 for compensation (including legal costs of NOTE: * This additional premium is flat and irrespective of period of insurance
any claimant) for death of or bodily injury to any employee (other than paid not exceeding 12 months. Any extension of the policy period beyond 12
drivers) of the within named insured being carried in or upon or entering in or months will call for payment of further additional premium under this
getting on to or alighting from or driving the vehicle insured. endorsement.
Provided that in the event of an accident whilst the vehicle insured is carrying
IMT. 35. Hired vehicles- driven by Hirer*
more than.....* employees of the insured (including the driver) the insured shall
repay to the insurer a rateable proportion of the total amount payable by the (Applicable to four wheeled vehicles with carrying capacity not exceeding
insurer by the reason of this endorsement in respect of accident in connection 6 passengers)
with such vehicle insured. It is hereby understood and agreed that notwithstanding anything to the
Subject otherwise to the terms, conditions limitations and exceptions of this contrary contained in this Policy unless the vehicle insured is being driven by or is
Policy. for the purpose of being driven by the insured in the charge of the within named
insured or a driver in the insured's employment, the policy shall only be
NOTE: * To insert the number of employees for which the premium has been
operative whilst the vehicle insured is let on hire by the insured to any person
paid.
(hereinafter called the Hirer) who:
IMT. 30. Trailers i. Shall have entered into a hire contract with the insured and who prior to such
In consideration of the payment of an additional premium it is hereby hiring shall have satisfactorily completed and signed a supplementary
understood and agreed that the indemnity granted by this policy shall extend to proposal form**.
apply to the Trailer (Registration No..............). Provided always that ii. Shall have satisfied the insured:
1. * The IDV of such Trailer shall be deemed not to exceed...... a) That the vehicle insured will only be driven by a duly licensed driver whose
2. ** The term ‘Trailer’ shall not include its contents or anything contained license has not been endorsed;
thereon. b) That such driver has not been refused Motor Insurance nor had his/her
3. Such indemnity shall not apply in respect of death or bodily injury to any insurance policy been cancelled nor had special conditions imposed nor
person being conveyed by the said Trailer otherwise than by reason of or in had increased premium demanded from him/her by reason of claims
pursuance of a contract of employment. experience.
Subject otherwise to the terms, conditions limitations and exceptions of this It is also understood and agreed that whilst the vehicle insured is let on hire to
Policy. the Hirer the insurer shall not be liable-
NOTE: 1) For any loss, damage or liability due to or arising from theft or conversion by
1. *Delete in the case of Liability to the public Risks only policies. the Hirer unless covered by payment of additional premium @ 1.50% on
IDV. (Endt. IMT 43 is to be used.)
2. **Insert value of trailer as declared at inception of insurance or any renewal
thereof. 2) To pay the first `............... of each and every claim in respect of which
indemnity would but for this endorsement have been provided by Section I
IMT. 31. Reliability Trials and Rallies of this Policy.
(Private Cars and Motorised Two Wheelers) If the expenditure incurred by the Insurer shall include the amount for which the
In consideration of the payment of an additional premium it is hereby Insured is responsible hereunder, such amount shall be repaid by the insured to
understood and agreed that the indemnity granted by this Policy is extended to the Insurer forthwith.
apply whilst the vehicle insured is engaged in .......... ......*. to be held at ....** For the purpose of this endorsement the expression “Claim” shall mean a claim
............. on or about the date of ......../........./............ under the auspices of or series of claims arising out of one cause in respect of the vehicle.
....... ..............# 3) If the vehicle is used by the Hirer for carriage of passengers for hire or reward.
Provided that: * For the purposes of this endorsement the insurer will in terms of and subject to
a) No indemnity shall be granted by this Endorsement to ......... # the provisions contained in item I of Section II of this Policy, treat the Hirer as a
b) This Policy does not cover use for organised racing, pace making or person who is driving the Two wheeler.
speed testing. Further it is agreed that the insured shall forward to the insurer the
c) During the course of the .......* the Insurer shall not be liable in respect supplementary proposal referred to above, completed by the Hirer immediately
of death of or bodily injury to any person being carried in or upon or after receipt thereof which proposal as well as that referred to in this policy shall
entering or getting on to or alighting from the vehicle insured at the be the basis of the contract expressed in this endorsement so far as it relates to
time of the occurrence of the event out of which any claim arises. the indemnity which is operative whilst the vehicle is let on hire to such Hirer.
# # It is further understood and agreed that while the vehicle insured is engaged Subject otherwise to the terms, exceptions, conditions and limitations of this
in ...........* the insured shall bear the first `................@ (or any less amount for Policy.
which the claim may be assessed ) of each and every claim under Section I of this NOTE:
Policy. For Liability only policies delete the whole of items 1) and 2) and the paragraph
Provided that if the insurer shall make any payment in exercise of its discretion in bold marked with *.
under Condition No. 3 of the policy in settlement of any claim and such ** Insurer to devise a suitable supplementary proposal form.
payment includes the amount for which the insured is responsible by reason of
this Endorsement the insured shall repay to the insurer forthwith the amount for IMT. 36. Indemnity to Hirer-Package Policy -Negligence of the Insured or
which the insured is so responsible. Hirer
For the purpose of this Endorsement the expression claim shall mean a claim or It is hereby declared and agreed that the company will indemnify any hirer of the
series of claims arising out of one event. vehicle insured against loss, damage and liability as defined in this Policy arising
Subject otherwise to the terms conditions limitations and exceptions of this in connection with the vehicle insured by reason of the negligence of the within
Policy. named insured or of any employee of such insured while the vehicle insured is
let on hire.
NOTE:
Provided that any such hirer shall as though he/she were the insured observe
1. * To insert the name of the event @ To insert ` 5000/- for Private cars. For the
fulfill and be subject to the terms, exceptions, conditions and limitations of this
duration of the event the deductible under Section 1 of the policy for the
policy in so far as they apply.
purpose of IMT 22 will be the amount stated in IMT 22 or the amount stated
herein, whichever is higher. IMT. 43. Theft and Conversion Risk
2. **To insert the venue of the event. Notwithstanding anything to the contrary contained herein it is hereby
3. #To insert the name of the promoters of the event. understood and agreed in this Policy in consideration of the payment of
4. ##To delete this entire paragraph in case of Liability Only policies. additional premium @ 1.50% of IDV, Clause ii (b) (1) of Endorsement IMT-35 is
hereby deemed to be deleted.
IMT. 32. Accidents to Soldiers/ Sailors/ Airmen employed as Drivers It is further understood and agreed that the indemnity in respect of Theft and/or
In consideration of the payment of an additional premium of ` 100/-* it is Conversion by the hirer is applicable only in case of Theft and/or Conversion of
hereby understood and agreed that in the event of any Soldier/Sailor/Airman the entire vehicle.
employed by the insured to drive the vehicle insured being injured or killed It is further understood and agreed that No Claim Bonus will not be applicable
whilst so employed, this policy will extend to relieve the insured of his liability to to the additional premium charged hereunder.
indemnify Ministry of Defence under the respective Regulations.
Subject otherwise to the terms, conditions limitations and exceptions of this IMT. 44. Indemnity to Hirer – Package Policy – Negligence of the Owner
Policy. or Hirer
It is hereby declared and agreed that in consideration of payment of an Whilst the vehicle insured is being so used the insurer will in terms of and subject
additional premium of `........ the Insurer will indemnify any hirer of the Vehicle to the limitations of and for the purpose of Section II of this policy treat as
insured against loss, damage and liability as defined in this Policy arising in though he were the insured person using the vehicle insured provided that such
connection with the Vehicle insured while let on hire. person:
Provided that any such hirer shall as though he/she were the insured observe 1. Is not entitled to indemnity under any other policy;
fulfill and be subject to the terms, exceptions, conditions and limitations of this 2. Shall as though he/she were the insured observe fulfill and be subject to
policy in so far as they apply. the terms provisions conditions and endorsements of this policy in so far
as they apply;
IMT. 45. Indemnity to Hirer – Liability Only Policy – Negligence of the
Owner or Hirer 3. Has not been refused any Motor Vehicle Insurance or continuance
thereof by any insurer.
It is hereby declared and agreed that in consideration of payment of an
additional premium of `....... the Insurer will indemnify any hirer of the Motor
Policy.
Vehicle against liability as defined in this Policy arising in connection with the
Motor Vehicle while let on hire. IMT. 60. Demonstration – Driving Extension
Provided that any such hirer shall as though he were the Insured observe fulfill (Applicable to Motor Trade Policies Only)
and be subject to the terms, exceptions, conditions and limitations of this Policy In consideration of the payment of an additional premium of `............. and
in so far as they apply. notwithstanding anything to the contrary contained herein it is hereby
IMT. 49. Exclusion of Liability to the Public Working Risk understood and agreed that the policy shall be operative whilst the vehicles are
(Except as required by the Motor Vehicle Act, 1988) being driven for the purpose of demonstration by person(s) not in the
employment of the insured provided he/she/they is/are driving with the
It is hereby declared and agreed that except so far as is necessary to meet the
insured's permission and is/are accompanied by the insured or by any person(s)
requirements of the Motor Vehicles Act, 1988, the Insurer shall be under no
in the insured's employment.
liability under Section II of this Policy in respect of liability incurred by the Insured
arising out of the operation as a tool of the Motor Vehicle or of plant forming Subject otherwise to the terms conditions limitations and exceptions of this
part of the Motor Vehicle or attached thereto. Policy.
IMT. 52. Exclusion of Damage while in use as a tool of trade IMT. 61. Tuition - Driving Extension
It is hereby declared and agreed that except so far as is necessary to meet the (Applicable only to Motor Trade Policies issued on named driver basis.)
requirements of the Motor Vehicles Act, 1988 the insurer shall be under no In consideration of the payment of an additional premium of `.....................
liability under Section II of this Policy in respect of liability incurred by the insured and notwithstanding anything to the contrary it is hereby understood and
arising out of the operation as a tool of the motor vehicle or of plant forming agreed that the policy shall be operative whilst the vehicles insured are being
part of the vehicle insured or attached thereto. used for purpose of demonstration or tuition by any other person, provided
he/she is driving with the insured's permission and is accompanied by a named
IMT. 56. Trailers driver mentioned in the policy Schedule.
(Road Transit Only) Subject otherwise to the terms conditions limitations and exceptions of this
In consideration of the payment of an additional premium it is hereby Policy.
understood and agreed that insurance by Section I and II of this Policy shall
extend to the Motor Vehicle (mechanically propelled or otherwise) attached to IMT. 62. Deletion of 50% Limitation Clause in Respect of Damage to
the Motor Vehicle for the purpose of being towed. Tyres
Provided always that (Applicable to Motor Trade Road Transit Risks Policies only)
a) The insurer shall not be liable under this Policy in respect of damage to In consideration of the payment of an additional premium of `................... it is
property conveyed by the towed vehicle. hereby understood and agreed that the words ...when the liability of the Insurer
is limited to 50% of the cost of the replacement ..... are hereby deleted from
The insurer shall not be liable under this Policy in respect of accident loss
proviso (b) of Section I(1) of the policy.
damage and/or liability caused sustained or incurred whilst the vehicle
insured is towing a greater number of vehicles than is permitted by law. Subject otherwise to the terms conditions limitations and exceptions of the
policy.
IMT. 58. Loan or Hire of Motor Cars, Motorized Two Wheelers, Motor
Vehicles to customers by Motor Dealers IMT. 63. Restriction of Cover to Liability Risks only
(Motor Trade Only) (Motor Trade Internal Risks Policy)
Notwithstanding anything to the contrary contained herein it is hereby It is hereby understood and agreed that
understood and agreed that the Motor Car(s), Motorised Two wheelers, Motor a) Section I and II(2)(I) and the word “other” in Section II (2)(ii) of this Policy
Vehicle(s) described in the Schedule hereto may be let out on loan or hire to in the Schedule to this Policy are deemed to be cancelled and
insured's customers when their vehicle(s) is/are under repair with the insured. b) The Insurer shall not be liable in respect of damage to the Motor Vehicle
Provided that the insured agrees to record in a register for the purposes of this or its accessories.
policy the date of loan or hire of such vehicle(s), its Make and Registered
IMT. 64. Open – Air Car Parks
Number (or Chassis Number if the loaned/hired vehicle itself is not registered)
(Motor Trade Internal Risks Only)
and the duration of the loan or hire and to submit to the insurer within one
month of the expiry of each period of insurance a statement of the total number In consideration of the payment of an additional premium, it is hereby
of days each loaned/hired vehicle was in use. understood and agreed that for the purpose of this Policy the Premises shall be
deemed to include the car park at ......* superficial area not exceeding .....**
Provided also that the premium for this Policy shall be subject to adjustment on
expiry of each period of insurance. Subject otherwise to the terms conditions limitations and exceptions of this
Policy.
Policy. NOTE:
* To insert location
IMT. 59. Private use of Vehicle by Member/Director/Employee of the ** To insert appropriate area
Insured
(Motor Trade only) IMT. 65. Work Away from Premises
In consideration of the payment of an additional premium of `............. and (Motor Trade Internal Risks Only)
notwithstanding anything contained herein to the contrary it is hereby In consideration of the payment of an additional premium it is hereby
understood and agreed that this Policy shall be operative whilst the vehicle understood and agreed that the premises are deemed to include any place at
insured is being used by the insured or with the permission of the insured by a which the insured is performing work not being premises under the control of
Member Director or employee of the insured for social domestic or pleasure the insured provided that the insurer shall not be liable in respect of injury or
purposes. damage resulting from the driving of the vehicle insured in a public place in
INDIA within the meaning of the Motor Vehicles Act, 1988.
Policy.
Kotak Mahindra General Insurance Company Ltd.
CIN: U66000MH2014PLC260291. Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400051. Maharashtra, India.
Office: 8th Floor, Zone IV, Kotak Infiniti, Bldg. 21, Infinity IT Park, Off WEH, Gen. AK Vaidya Marg, Dindoshi, Malad (E), Mumbai – 400097. India.
Toll Free: 1800 266 4545 Email: [email protected] Website: www.kotakgeneralinsurance.com IRDAI Reg. No. 152.

Kotak Car Secure

Uploaded by

Copyright:

Available Formats

Kotak Car Secure

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Kotak Car Secure

Uploaded by

Copyright:

Available Formats

General Insurance

Kotak Car Secure

Preceding Three consecutive years 35%

Annexure I: Details of Insurance Ombudsman

INDIA MOTOR TARIFF – ENDORSEMENTS

You might also like