General Insurance Contracts are subject to the basic principles applicable to property and liability insurance in general. The owner of the vehicle must be a registered owner to the vehicle whereby he or she stands to benefit by the safety of the vehicle, right, interest or freedom from liability and stands to lose by any loss, damage, injury or creation of liability.
Private Car Insurance Policy covers Vehicles used for social, domestic and for professional purpose (excluding carriage of goods other than the registered owner ) of the insured or used by insured's employees for such purpose but excluding use for hire or reward, racing, pace making, reliability trial, speed testing and use for any purpose in connection with the Motor Trade.
Customer also cover additional cover for Loss of accessories, Legal liability to paid driver, Personal Accident to the occupants as also Increased legal liability to property damage of third party for a limit.
The policy has Provision of No Claims bonus for claims free experience. Discount for opting higher voluntary excess
Discount for approved anti-theft devices installed in the vehicle. Concession for especially designed/modified vehicle for blind, handicapped and mentally challenged persons