HDFC ERGO General Insurance Company Limited

Transcription

1 Whereas e insured by a proposal and declaration dated as ated in e Schedule which shall be e basis of is contract and is deemed to be incorporated herein has applied to e Company for e insurance hereinafter contained and has paid e premium mentioned in e schedule as consideration for such insurance in respect of accidental loss or damage occurring during e period of insurance. NOW THIS POLICY WITNESSETH: That subject to e terms exceptions and conditions contained herein or endorsed or expressed hereon; SECTION I. LOSS OF OR DAMAGE TO THE VEHICLE INSURED The Company will indemnify e insured again loss or damage to e vehicle insured hereunder and/ or its accessories whil ereon I. by fire explosion self ignition or lightning e neare repairer and redelivery to e insured but not exceeding in all Rs. 1500/- in respect of any one accident. The insured may auorise e repair of e vehicle necessitated by damage for which e Company may be liable under is Policy provided at: a. e eimated co of such repair including replacements, if any, does not exceed Rs.500/-; b. e Company is furnished forwi wi a detailed eimate of e co of repairs; and c. e insured shall give e Company every assiance to see at such repair is necessary and e charges are reasonable. SUM INSURED INSURED S DECLARED VALUE (IDV) II. III. by burglary housebreaking or eft by riot and rike The Insured s Declared Value (IDV) of e vehicle will be deemed to be e SUM INSURED for e purpose of is policy which is fixed at e commencement of each policy period for e insured vehicle. IV. by earquake (fire and shock damage) V. by flood typhoon hurricane orm tempe inundation cyclone hailorm fro VI. by accidental external means VII. by malicious act VIII. by terrori activity IX. whil in transit by road rail inland-waterway lift elevator or air X. by landslide rockslide Subject to a deduction for depreciation at e rates mentioned below in respect of parts replaced : 1. For all rubber/ nylon/ plaic parts, tyres and tubes, batteries and air bags - 2. For fibre glass components - 30% 3. For all parts made of glass - Nil 4. Rate of depreciation for all oer parts including wooden parts will be as per e following schedule. Age of Vehicle Not exceeding 6 mons Exceeding 6 mons but not exceeding 1 year Exceeding 1 year but not exceeding 2 years Exceeding 2 years but not exceeding 3 years Exceeding 3 years but not exceeding 4 years Exceeding 4 years but not exceeding 5 years Exceeding 5 years but not exceeding 10 years Exceeding 10 years 5. Rate of Depreciation for painting: In e case of painting, e depreciation rate of shall be applied only on e material co of total painting charges. In case of a consolidated bill for painting charges, e material component shall be considered as 25% of total painting charges for e purpose of applying e depreciation. The Company shall not be liable to make any payment in respect of:- % of Depreciation a. consequential loss, depreciation, wear and tear, mechanical or electrical breakdown, failures or breakages; b. damage to tyres and tubes unless e vehicle is damaged at e same time in which case e liability of e company shall be limited to of e co of replacement. And c. any accidental loss or damage suffered whil e insured or any person driving e vehicle wi e knowledge and consent of e insured is under e influence of intoxicating liquor or drugs. In e event of e vehicle being disabled by reason of loss or damage covered under is Policy e Company will bear e reasonable co of protection and removal to Nil 5% 10% 15% 25% 35% 40% The IDV of e vehicle (and accessories if any fitted to e vehicle) is to be fixed on e basis of e manufacturer s lied selling price of e brand and model as e vehicle insured at e commencement of insurance/renewal and adjued for depreciation (as per schedule below). The schedule of age-wise depreciation as shown below is applicable for e purpose of Total Loss/Conructive Total Loss (TL/CTL) claims only. THE SCHEDULE OF DEPRECIATION FOR FIXING IDV OF THE VEHICLE Age of Vehicle Not exceeding 6 mons Exceeding 6 mons but not exceeding 1 year Exceeding 1 year but not exceeding 2 years Exceeding 2 years but not exceeding 3 years Exceeding 3 years but not exceeding 4 years Exceeding 4 years but not exceeding 5 years IDV of vehicles beyond 5 years of age and of obsolete models of e vehicles ( i.e. models which e manufacturers have discontinued to manufacture) is to be determined on e basis of an underanding between e insurer and e insured. IDV shall be treated as e Market Value roughout e policy period wiout any furer depreciation for e purpose of Total Loss (TL) / Conructive Total Loss (CTL) claims. The insured vehicle shall be treated as a CTL if e aggregate co of retrieval and / or repair of e vehicle, subject to terms and conditions of e policy, exceeds 75% of e IDV of e vehicle. SECTION II - LIABILITY TO THIRD PARTIES 1. Subject to e limits of liability as laid down in e Schedule hereto e Company will indemnify e insured in e event of an accident caused by or arising out of e use of e vehicle again all sums which e insured shall become legally liable to pay in respect of:- i. dea of or bodily injury to any person including occupants carried in e vehicle (provided such occupants are not carried for hire or reward) but except so far as it is necessary to meet e requirements of Motor Vehicles Act, e Company shall not be liable where such dea or injury arises out of and in e course of e employment of such person by e insured. % of Depreciation damage to property oer an property belonging to e insured or held in tru or in e cuody or control of e insured. 2. The Company will pay all cos and expenses incurred wi its written consent. 3. In terms of and subject to e limitations of e indemnity granted by is section to e insured, e Company will indemnify any driver who is driving e vehicle on e insured's order or wi insured s permission provided at such driver shall as ough he/she was e insured observe fulfill and be subject to e terms exceptions and conditions of is Policy in so far as ey apply. 4. In e event of e dea of any person entitled to indemnity under is policy e Company will in respect of e liability incurred by such person indemnify his/her personal representative in terms of and subject to e limitations of is 5% 15% 20% 30% 40% 1

2 Policy provided at such personal representative shall as ough such representative was e insured observe fulfill and be subject to e terms exceptions and conditions of is Policy in so far as ey apply. 5. The Company may at its own option A. arrange for representation at any Inque or Fatal Inquiry in respect of any dea which may be e subject of indemnity under is Policy and B. undertake e defence of proceedings in any Court of Law in respect of any act or alleged offence causing or relating to any event which may be e subject of indemnity under is Policy. AVOIDANCE OF CERTAIN TERMS AND RIGHT OF RECOVERY Noing in is Policy or any endorsement hereon shall affect e right of any person indemnified by is Policy or any oer person to recover an amount under or by virtue of e provisions of e Motor Vehicles Act. But e insured shall repay to e Company all sums paid by e Company which e Company would not have been liable to pay but for e said provisions. APPLICATION OF LIMITS OF INDEMNITY In e event of any accident involving indemnity to more an one person any limitation by e terms of is policy and/or of any endorsement ereon of e amount of any indemnity shall apply to e aggregate amount of indemnity to all persons indemnified and such indemnity shall apply in priority to e insured. SECTION III PERSONAL ACCIDENT COVER FOR OWNER-DRIVER The Company undertakes to pay compensation as per e following scale for bodily injury/ dea suained by e owner-driver of e vehicle, in direct connection wi e vehicle insured or whil driving or mounting into/dismounting from e vehicle insured or whil traveling in it as a co-driver, caused by violent accidental external and visible means which independent of any oer cause shall wiin six calendar mons of such injury result in: Nature of injury Loss of two limbs or sight of two eyes or one limb and sight of one eye. i Loss of one limb or sight of one eye iv. Permanent total disablement from injuries oer an named above. Provided always at, A. compensation shall be payable under only one of e items (i) to (iv) above in respect of e owner-driver arising out of any one occurrence and e total liability of e insurer shall not in e aggregate exceed e sum of Rs. 2 lakhs during any one period of insurance. B. no compensation shall be payable in respect of dea or bodily injury directly or indirectly wholly or in part arising or resulting from or traceable to 1. intentional self injury suicide or attempted suicide physical defect or infirmity or 2. an accident happening whil such person is under e influence of intoxicating liquor or drugs. C. Such compensation shall be payable directly to e insured or to his/her legal representatives whose receipt shall be e full discharge in respect of e injury to e insured. 1. This cover is subject to a. e owner-driver is e regiered owner of e vehicle insured herein; b. e owner-driver is e insured named in is c. e owner-driver holds an effective driving license, in accordance wi e provisions of Rule 3 of e Central Motor Vehicles Rules, 1989, at e time of e accident. GENERAL EXCEPTIONS (Applicable to all Sections of e Policy) Scale of compensation i i. Dea The Company shall not be liable under is Policy in respect of 1. any accidental loss or damage and/or liability caused suained or incurred outside e geographical area; 2. any claim arising out of any contractual liability; 3. any accidental loss damage and/or liability caused suained or incurred whil e vehicle insured herein is a. being used oerwise an in accordance wi e Limitations as to Use or b. being driven by or is for e purpose of being driven by him/her in e charge of any person oer an a Driver as ated in e Driver's Clause 4. i. any accidental loss or damage to any property whatsoever or any loss or expense whatsoever resulting or arising ere from or any consequential loss any liability of whatsoever nature directly or indirectly caused by or contributed to by or arising from ionising radiations or contamination by radioactivity from any nuclear fuel or from any nuclear wae from e combuion of nuclear fuel. For e purpose of is exception combuion shall include any self-suaining process of nuclear fission 5. any accidental loss or damage or liability directly or indirectly caused by or contributed to by or arising from nuclear weapons material. 6. any accidental loss damage and/or liability directly or indirectly or proximately or remotely occasioned by contributed to by or traceable to or arising out of or in connection wi war, invasion, e act of foreign enemies, hoilities or war like operations (wheer before or after declaration of war) civil war, mutiny rebellion, military or usurped power or by any direct or indirect consequence of any of e said occurrences and in e event of any claim hereunder e insured shall prove at e accidental loss damage and/or liability arose independently of and was in no way connected wi or occasioned by or contributed to by or traceable to any of e said occurrences or any consequences ereof and in default of such proof, e Company shall not be liable to make any payment in respect of such a claim. DEDUCTIBLE The Company shall not be liable for each and every claim under Section - I (loss of or damage to e vehicle insured) of is Policy in respect of e deductible ated in e schedule. CONDITIONS This Policy and e Schedule shall be read togeer and any word or expression to which a specific meaning has been attached in any part of is Policy or of e Schedule shall bear e same meaning wherever it may appear 1. Notice shall be given in writing to e Company immediately upon e occurrence of any accidental loss or damage in e event of any claim and ereafter e insured shall give all such information and assiance as e Company shall require. Every letter claim writ summons and/or process or copy ereof shall be forwarded to e Company immediately on receipt by e insured. Notice shall also be given in writing to e Company immediately e insured shall have knowledge of any impending prosecution, inque or fatal inquiry in respect of any occurrence which may give rise to a claim under is Policy. In case of eft or criminal act which may be e subject of a claim under is Policy e insured shall give immediate notice to e police and co-operate wi e Company in securing e conviction of e offender. 2. No admission offer promise payment or indemnity shall be made or given by or on behalf of e insured wiout e written consent of e Company which shall be entitled if it so desires to take over and conduct in e name of e insured e defence or settlement of any claim or to prosecute in e name of e insured for its own benefit any claim for indemnity or oerwise and shall have full discretion in e conduct of any proceedings or in e settlement of any claim and e insured shall give all such information and assiance as e Company may require. 3. The Company may at its own option repair reinate or replace e vehicle or part ereof and/or its accessories or may pay in cash e amount of e loss or damage and e liability of e Company shall not exceed: a. for total loss/ conructive total loss of e vehicle - e Insured's Declared Value (IDV) of e vehicle (including accessories ereon) as specified in e Schedule less e value of e wreck. 2

3 b. for partial losses, i.e. losses oer an Total Loss/Conructive Total Loss of e vehicle - actual and reasonable cos of repair and/or replacement of parts lo/damaged subject to depreciation as per limits specified. 4. The insured shall take all reasonable eps to safeguard e vehicle from loss or damage and to maintain it in efficient condition and e Company shall have at all times free and full access to examine e vehicle or any part ereof or any driver or employee of e insured. In e event of any accident or breakdown, e vehicle shall not be left unattended wiout proper precautions being taken to prevent furer damage or loss and if e vehicle be driven before e necessary repairs are effected any extension of e damage or any furer damage to e vehicle shall be entirely at e insured's own risk. 5. The Company may cancel e policy by sending seven days notice by recorded delivery to e insured at insured s la known address and in such event will return to e insured e premium paid less e pro rata portion ereof for e period e Policy has been in force or e policy may be cancelled at any time by e insured on seven days notice by recorded delivery and provided no claim has arisen during e currency of e policy, e insured shall be entitled to a return of premium less premium at e Company's Short Period rates for e period e Policy has been in force. Return of e premium by e company will be subject to retention of e minimum premium of Rs. 100/- (or Rs. 25/- in respect of vehicles specifically designed/modified for use by blind/handicapped/mentally challenged persons). Where e ownership of e vehicle is transferred, e policy cannot be cancelled unless evidence at e vehicle is insured elsewhere is produced. 6. If at e time of occurrence of an event at gives rise to any claim under is policy ere is in exience any oer insurance covering e same liability, e Company shall not be liable to pay or contribute more an its ratable proportion of any compensation, co or expense. 7. If any dispute or difference shall arise as to e quantum to be paid under is policy (liability being oerwise admitted), such difference shall independent of all oer queions be referred to e decision of a sole arbitrator to be appointed in writing by e parties to e dispute or if ey cannot agree upon a single arbitrator wiin 30 days of any party invoking Arbitration, e same shall be referred to a panel of ree arbitrators comprising two arbitrators one to be appointed by each of e parties to e dispute/ difference, and a ird arbitrator to be appointed by such two arbitrators who shall act as e presiding arbitrator and Arbitration shall be conducted under and in accordance wi e provisions of e Arbitration and Conciliation Act, It is clearly agreed and underood at no difference or dispute shall be referable to Arbitration as hereinbefore provided, if e Company has disputed or not accepted liability under or in respect of is It is hereby expressly ipulated and declared at it shall be condition precedent to any right of action or suit upon is policy at e award by such arbitrator/ arbitrators of e amount of e loss or damage shall be fir obtained. It is also hereby furer expressly agreed and declared at if e Company shall disclaim liability to e insured for any claim hereunder and such claim shall not, wiin twelve calendar mons from e date of such disclaimer have been made e subject matter of a suit in a court of law, en e claim shall for all purposes be deemed to have been abandoned and shall not ereafter be recoverable hereunder. 8. The due observance and fulfillment of e terms, conditions and endorsements of is Policy in so far as ey relate to anying to be done or complied wi by e insured and e tru of e atements and answers in e said proposal shall be conditions precedent to any liability of e Company to make any payment under is Policy. 9. In e event of e dea of e sole insured, is policy will not immediately lapse but will remain valid for a period of ree mons from e date of e dea of insured or until e expiry of is policy (whichever is earlier). During e said period, legal heir(s) of e insured to whom e cuody and use of e Motor Vehicle passes may apply to have is Policy transferred to e name(s) of e heir(s) or obtain a new insurance policy for e Motor Vehicle. Where such legal heir(s) desire(s) to apply for transfer of is policy or obtain a new policy for e vehicle such heir(s) should make an application to e Company accordingly wiin e aforesaid period. All such applications should be accompanied by:- a. Dea Certificate in respect of e insured b. Proof of title to e vehicle c. Original Policy. ENDORSEMENTS: SPECIAL CONDITIONS FOR YOUR INSURANCE POLICY(Only endorsement mentioned in e schedule form part of e policy) 1. IMT.1. Extension of Geographical Area In consideration of e payment of an additional premium of Rs it is hereby underood and agreed at notwianding anying contained in is Policy to e contrary e Geographical Area in is Policy shall from e / / to e / / (bo days inclusive) be deemed to include * It is furer specifically underood and agreed at such geographical extension excludes cover for damage to e vehicle insured/ injury to its occupants/ ird party liability in respect of e vehicle insured during sea voyage/ air passage for e purpose of ferrying e vehicle insured to e extended geographical area. Policy. 2. IMT.3. Transfer of Intere It is hereby underood and agreed at as from / /. e intere in e policy is transferred to and veed in of. carrying on or engaged in e business or profession of. who shall be deemed to be e insured and whose proposal and declaration dated.. / /. shall be deemed to be incorporated in and to be e basis of is contract. Provided always at for e purpose of e No Claim Bonus, no period during which e intere in is policy has been veed in any previous Insured shall accrue to e benefit of IMT.4. Change of Vehicle It is hereby underood and agreed at as from /../... e vehicle bearing Regiration Number.. is deemed to be deleted from e Schedule of e Policy and e vehicle wi details specified hereunder is deemed to be included erein- Regd. No. Engine/ Chassis No. Make In consequence of is change, an extra / refund premium of Rs... is charged/allowed to e insured. 4. IMT.6. Lease Agreement Type of Body C.C Year of Manufacture Seating Capacity including Driver IDV It is hereby underood and agreed at (hereinafter referred to as e Lessors) are e Owners of e vehicle insured and at e vehicle insured is e subject of a Lease Agreement made between e Lessor on e one part and e insured on e oer part and it is furer underood and agreed at e Lessors are intereed in any monies which but for is Endorsement would be payable to e insured under is policy in respect of such loss or damage to e vehicle insured as cannot be made good by repair and / or replacement of parts and such monies shall be paid to e Lessors as long as ey are e Owners of e vehicle insured and eir receipt shall be a full and final discharge to e insurer in respect of such loss or damage. It is also underood and agreed at notwianding any provision in e Leasing Agreement to e contrary, is policy is issued to e insured namely.. as e principal party and not as agent or truee and noing herein contained shall be conrued as conituting e insured an agent or truee for e Lessors or as an assignment (wheer legal or equitable) by e insured to e Lessors, of his rights benefits and claims under is policy and furer noing herein shall be conrued as creating or veing any right in e Owner/Lessor to sue e insurer in any capacity whatsoever for any alleged breach of its obligations hereunder. 3

4 It is furer declared and agreed at for e purpose of e Personal Accident Cover for e owner-driver granted under is policy, e insured named in e policy will continue to be deemed as e owner-driver subject to compliance of provisions of e policy relating to is cover. Save as by is Endorsement expressly agreed noing herein shall modify or affect e rights and liabilities of e insured or e insurer respectively under or in connection wi is Policy. 5. IMT.7. Vehicles subject to Hypoecation Agreement It is hereby declared and agreed at e vehicle insured is pledged to/hypoecated wi.. (hereinafter referred to as e "Pledgee") and it is furer underood and agreed at e Pledgee is intereed in any monies which but for is Endorsement would be payable to e insured under is policy in respect of such loss or damage to e vehicle insured as cannot be made good by repair and/ or replacement of parts and such monies shall be paid to e Pledgee as long as ey are e Pledgee of e vehicle insured and eir receipt shall be a full and final discharge to e insurer in respect of such loss or damage. It is furer declared and agreed at for e purpose of e Personal Accident Cover for e owner-driver granted under is policy, e insured named in e policy will continue to be deemed as e owner-driver subject to compliance of provisions of e policy relating to is cover. Save as by is Endorsement expressly agreed at noing herein shall modify or affect e rights or liabilities of e Insured or e Insurer respectively under or in connection wi is Policy or any term, provision or condition ereof. 6. IMT.8. Discount for Membership of Recognised Automobile Associations It is hereby underood and agreed at in consideration of insured s membership of ** a discount in premium of Rs..* is allowed to e insured hereunder from./../... It is furer underood and agreed at if e insured ceases to be a member of e above mentioned association during e currency of is Policy e insured shall immediately notify e insurer accordingly and refund to e insurer a proportionate amount of e discount allowed on is account for e unexpired period of e cover. Subject oerwise to e terms exceptions conditions and limitations of e * For full policy period, e full tariff discount to be inserted. For mid-term membership, prorata proportion of e tariff discount for e unexpired policy period is to be inserted. ** Insert name of e concerned Automobile Association. 7. IMT.10. Inallation of Anti-Theft Device (Not applicable to Motor Trade Policies) In consideration of certification by * at an Anti-Theft device approved by Automobile Research Association of India (ARAI), Pune has been inalled in e vehicle insured herein a premium discount of Rs ** is hereby allowed to e insured. It is hereby underood and agreed at e insured shall ensure at all times at is Anti-eft device inalled in e vehicle insured is maintained in efficient condition till e expiry of is Subject oerwise to e terms, exceptions, conditions and limitations of e policy * The name of e certifying Automobile Association is to be inserted. ** Premium discount calculated as per tariff provision is to be inserted. For mid term certification of inallation of Anti Theft device pro-rata proportion of tariff discount for e unexpired period is to be inserted. 8. IMT. 11.A. Vehicle Laid Up (Lay up period declared) Notwianding anying to e contrary contained herein it is hereby underood and agreed at from / /.. to /./.. e vehicle insured is NB.1. NB.2. NB.3. NB.4. NB.5. laid up in garage and not in use and during is period all liability of e insurer under is policy in respect of e vehicle insured is suspended SAVE ONLY IN RESPECT OF LOSS OR DAMAGE TO THE SAID VEHICLE CAUSED BY FIRE EXPLOSION SELF IGNITION OR LIGHTNING OR BURGLARY, HOUSEBREAKING, THEFT OR RIOT STRIKE MALICIOUS DAMAGE TERRORISM OR STORM TEMPEST FLOOD INUNDATION OR EARTHQUAKE PERILS, in consideration whereof a. # e insurer will deduct from e next renewal premium e sum of Rs * and e No Claim Bonus (if any) shall be calculated on e next renewal premium after deduction of such sum. b. # e period of insurance by is policy is extended to../../. in view of e payment of an additional premium of Rs.** # To delete (a) or (b) as per option exercised by e insured. *The proportionate full policy premium for e period of lay up less e proportionate premium for e Fire and /or Theft risks for e lay up periods is to be inserted. ** The proportionate premium required for Fire and / or Theft cover for e vehicle for e laid up period is to be inserted. In case of Liability Only Policies e words in CAPITALS should be deleted. In case of policies covering Liability Only and a. Fire risks, e words BURGLARY HOUSEBREAKING OR THEFT are to be deleted; b. Theft risks, e words FIRE EXPLOSION SELF IGNITION OR LIGHTNING are to be deleted. c. Fire and Theft risks no part of e words in capitals are to be deleted. 9. IMT. 11. B. Vehicle Laid Up (Lay up period not declared) NB.1. NB.2. Notwianding anying to e contrary contained herein it is hereby underood and agreed at as from.. /.. /.. e vehicle no. insured hereunder is laid up in garage and not in use and liability of e insurer under is policy in respect of e said vehicle is suspended SAVE ONLY IN RESPECT OF LOSS OR DAMAGE TO THE SAID VEHICLE CAUSED BY FIRE EXPLOSION SELF-IGNITION OR LIGHTNING OR BURGLARY, HOUSEBREAKING, THEFT OR RIOT STRIKE MALICIOUS DAMAGE TERRORISM OR STORM TEMPEST FLOOD INUNDATION OR EARTHQUAKE PERILS. Policy. In case of Liability Only Policies e words in CAPITALS should be deleted. In case of policies covering Liability Only and a. Fire risks, e words BURGLARY HOUSEBREAKING OR THEFT are to be deleted; b. Theft risks, e words FIRE EXPLOSION SELF IGNITION OR LIGHTNING are to be deleted. c. Fire and Theft risks no part of e words in capitals are to be deleted. 10. IMT. 11(C). Termination of e UNDECLARED Period of Vehicle Laid up. It is hereby underood and agreed at e insurance by is Policy in respect of vehicle no... insured hereunder is reinated in full from./ / and e Endorsement IMT 11(B) attaching to is policy shall be deemed to be cancelled. It is furer agreed at in consideration of e period during which e vehicle no.... has been out of use a. #The insurer will deduct from e next renewal premium e sum of Rs * and e No Claim Bonus (if any) shall be calculated on e next renewal premium after deduction of such sum. 4

5 NB.1. NB.2. NB.3. b. # e period of insurance by is policy is extended to../../. in view of e payment of an additional premium of Rs.** # To delete (a) or (b) as per option exercised by e insured. * The proportionate full policy premium for e period of lay up less e proportionate premium for e Fire and /or Theft risks for e lay up periods is to be inserted. ** The proportionate premium required for Fire and / or Theft cover for e vehicle for e laid up period is to be inserted. 11. IMT.12. Discount for Specially Designed/Modified Vehicles for Blind, Handicapped and Mentally Challenged Persons. Notwianding anying to e contrary contained in e policy it is hereby underood and agreed at e vehicle insured being specially designed/modified for use of blind, handicapped and mentally challenged persons and suitable endorsement to is effect having been incorporated in e Regiration Book by e Regiering Auority, a discount of on e Own Damage premium for e vehicle insured is hereby allowed to e insured. Subject oerwise to e terms exceptions conditions and limitations of e 12. IMT 15. Personal Accident Cover to e Insured or any Named Person oer an Paid Driver or Cleaner (Applicable to private cars) In consideration of e payment of an additional premium it is hereby agreed and underood at e Company undertakes to pay compensation on e scale provided below for bodily injury as hereinafter defined suained by e insured person in direct connection wi e vehicle insured or whil mounting and dismounting from or traveling in vehicle insured and caused by violent accidental external and visible means which independently of any oer cause shall wiin six calendar mons of e occurrence of such injury result in:- Nature of injury Provided always at, Loss of two limbs or sight of two eyes or one limb and sight of one eye. i Loss of one limb or sight of one eye iv. Permanent total disablement from injuries oer an named above. Scale of compensation i i. Dea 1. compensation shall be payable under only one of e items (i) to (iv) above in respect of any such person arising out of any one occurrence and total liability of e insurer shall not in e aggregate exceed e sum of Rs.....* during any one period of insurance in respect of any such person. 2. no compensation shall be payable in respect of dea or injury directly or indirectly wholly or in part arising or resulting from or traceable to a. intentional self injury suicide or attempted suicide physical defect or infirmity or b. an accident happening whil such person is under e influence of intoxicating liquor or drugs. 3. such compensation shall be payable only wi e approval of e insured named in e policy and directly to e injured person or his/her legal representative(s) whose receipt shall be a full discharge in respect of e injury of such person. * The Capital Sum Insured (CSI) per passenger is to be inserted. 13. IMT.16. Personal Accident to Unnamed Passengers oer an Insured and e Paid Drivers and Cleaner. (For vehicles rated as Private cars) In consideration of e payment of an additional premium it is hereby underood and agreed at e insurer undertakes to pay compensation on e scale provided below for bodily injuries hereinafter defined suained by any passenger oer an e insured and/or e paid driver attendant or cleaner and/or a person in e employ of e insured coming wiin e scope of e Workmen s Compensation Act, 1923 and subsequent amendments of e said Act and engaged in and upon e service of e insured at e time such injury is suained whil mounting into, dismounting from or traveling in e insured motor car and caused by violent, accidental, external and visible means which independently of any oer cause shall wiin ree calendar mons of e occurrence of such injury result in: Nature of injury Provided always at, Loss of two limbs or sight of two eyes or one limb and sight of one eye. i Loss of one limb or sight of one eye iv. Permanent total disablement from injuries oer an named above. 1. compensation shall be payable under only one of e items (i) to (iv) above in respect of any such person arising out of any one occurrence and total liability of e insurer shall not in e aggregate exceed e sum of Rs.....* during any one period of insurance in respect of any such person. 2. no compensation shall be payable in respect of dea or injury directly or indirectly wholly or in part arising or resulting from or traceable to a. intentional self injury suicide or attempted suicide physical defect or infirmity or b. an accident happening whil such person is under e influence of intoxicating liquor or drugs. 3. such compensation shall be payable only wi e approval of e insured named in e policy and directly to e injured person or his/her legal representative(s) whose receipt shall be a full discharge in respect of e injury of such person. 4. not more an...** persons/passengers are in e vehicle insured at e time of occurrence of such injury. * The Capital Sum Insured (CSI) per passenger is to be inserted. ** The regiered sitting capacity of e vehicle insured is to be inserted. 14. IMT 17. Personal Accident Cover to Paid Drivers, Cleaners and Conductors: (Applicable to all classes of vehicles) In consideration of e payment of an additional premium, it is hereby underood and agreed at e insurer undertakes to pay compensation on e scale provided below for bodily injury as hereinafter defined suained by e paid driver/cleaner/conductor in e employ of e insured in direct connection wi e vehicle insured whil mounting into dismounting from or traveling in e insured vehicle and caused by violent accidental external and visible means which independently of any oer cause shall wiin six calendar mons of e occurrence of such injury result in :- Provided always at Scale of compensation i i. Dea Nature of injury Loss of two limbs or sight of two eyes or one limb and sight of one eye. i Loss of one limb or sight of one eye iv. Permanent total disablement from injuries oer an named above. Scale of compensation i i. Dea 1. compensation shall be payable under only one of e items (i) to (iv) above in respect of any such person arising out of any one occurrence and total liability of e insurer shall not in e aggregate exceed e sum of Rs......* during any one period of insurance in respect of any such person. 2. no compensation shall be payable in respect of dea or injury directly or 5

6 indirectly wholly or in part arising or resulting from or traceable to a. intentional self injury suicide or attempted suicide physical defect or infirmity or b. an accident happening whil such person is under e influence of intoxicating liquor or drugs. 3. such compensation shall be payable only wi e approval of e insured named in e policy and directly to e injured person or his/her legal representative(s) whose receipt shall be a full discharge in respect of e injury of such person. * The Capital Sum Insured (CSI) per passenger is to be inserted. 15. IMT.19. Cover for Vehicles Imported wiout Cuoms Duty. Notwianding anying to e contrary contained in is policy it is hereby underood and agreed at in e event of loss or damage to e vehicle insured and/or its accessories necessitating e supply of a part not obtainable from ocks held in e country in which e vehicle insured is held for repair or in e event of e insurer exercising e option under., * to pay in cash e amount of e loss or damage e liability of e insurer in respect of any such part shall be limited to: a. i. e price quoted in e late catalogue or e price li issued by e Manufacturer or his Agent for e country in which e vehicle insured is held for repair less depreciation applicable; OR if no such catalogue or price li exis e price li obtaining at e Manufacturer's Works plus e reasonable co of transport oerwise an by air to e country in which e vehicle insured is held for repair and e amount of e relative import duty less depreciation applicable under e policy; and b. e reasonable co of fitting such parts. Subject oerwise to e terms conditions limitations and exceptions of is Policy. * Insert Condition 3 in e case of e Private Car. 16. IMT.20. Reduction in e limit of Liability for Property Damage. It is hereby underood and agreed at notwianding anying to e contrary contained in e policy e insurers liability is limited to Rs. 6000/- (Rupees six ousand only) for damage to property oer an e property belonging to e insured or held in tru or in cuody or control of e insured in consideration of is reduction in e limit of liability a reduction in premium of Rs..* is hereby made to e insured. Subject oerwise to e terms conditions limitations and exceptions of e * To insert Rs.100 for private. 17. IMT.22. Compulsory Deductible (Applicable to Private Cars) Notwianding anying to e contrary contained in e policy it is hereby underood and agreed at e insured shall bear under Section 1 of e policy in respect of each and every event (including event giving rise to a total loss/conructive total loss) e fir Rs...* (or any less expenditure which may be incurred) of any expenditure for which provision has been made under is policy and/or of any expenditure by e insurer in e exercise of his discretion under Condition no ** of is policy. If e expenditure incurred by e insurer shall include any amount for which e insured is responsible hereunder such amount shall be repaid by e insured to e insurer forwi. For e purpose of is Endorsement e expression "event shall mean an event or series of events arising out of one cause in connection wi e vehicle insured in respect of which indemnity is provided under is Subject oerwise to e terms conditions limitations and exceptions of is * i. to insert amount as appropriate to e class of vehicle insured as per GR.40 of e tariff. in respect of a vehicle rated under e Tariff for Private Car and in respect of a motorised two wheeler not carrying passengers for hire or reward, if any deductible in addition to e compulsory deductible provided in is endorsement is voluntarily borne by e insured, e sum representing e aggregate of e compulsory and e voluntary deductibles is to be inserted. ** to insert Condition no 3 in respect of a vehicle rated under Tariff for Private Car 18. IMT 22A. Voluntary Deductible (For private cars) It is by declared and agreed at e insured having opted a voluntary deductible of Rs. * a reduction in premium of Rs..** under Section 1 of e policy is hereby allowed. In consideration of e above, it is hereby underood and agreed at e insured shall bear under Section 1 of e policy in respect of each and every event (including event giving rise to a total loss/conructive total loss) e fir Rs...*** (or any less expenditure which may be incurred) of any expenditure for which provision has been made under is policy and/or of any expenditure by e insurer in e exercise of his discretion under Condition no.# of is If e expenditure incurred by e insurer shall include any amount for which e insured is responsible hereunder such amount shall be repaid by e insured to e insurer forwi. For e purpose of is Endorsement e expression "event shall mean an event or series of events arising out of one cause in connection wi e vehicle insured in respect of which indemnity is provided under is Subject oerwise to e terms conditions limitations and exceptions of is * To insert voluntary deductible amount opted by e insured under tariff for private car ** To insert appropriate amount relating to e voluntary deductible opted as per e provision of tariff for Private car. *** To insert aggregate amount of voluntary deductible opted and e compulsory deductible applicable to e vehicle insured as in G.R. 40. # To insert policy condition No. 3 of e tariff for private car. 19. IMT.24. Electrical/ Electronic Fittings (Items fitted in e vehicle but not included in e manufacturer s lied selling price of e vehicle - Package Policy only) In consideration of e payment of additional premium of Rs., notwianding anying to e contrary contained in e policy it is hereby underood and agreed at e insurer will indemnify e insured again loss of or damage to such electrical and/or electronic fitting(s) as specified in e schedule whil it/ese is/are fitted in or on e vehicle insured where such loss or damage is occasioned by any of e perils mentioned in Section.1 of e The insurer shall, however, not be liable for loss of or damage to such fitting(s) caused by/as a result of mechanical or electrical breakdown. Provided always at e liability of e insurer hereunder shall not exceed e Insured's Declared Value (IDV) of e item. Subject oerwise to e terms conditions limitations and exceptions of is 20. IMT.25. CNG/LPG Kit in Bi-Fuel Syem (Own Damage cover for e kit ) In consideration of e payment of premium of Rs * notwianding anying to e contrary contained in e policy it is hereby underood and agreed at e insurer will indemnify e insured in terms conditions limitations and exceptions of Section 1 of e policy again loss and/or damage to e CNG/LPG kit fitted in e vehicle insured arising from an accidental loss or damage to e vehicle insured, subject to e limit of e Insured s Declared Value of e CNG/LPG kit specified in e Schedule of e Subject oerwise to e terms conditions limitations and exceptions of is * To insert sum arrived at in terms of G.R.42. 6

7 21. IMT.26. Fire and/or Theft Risks Only (Not applicable for Miscellaneous and Special Types of vehicles rateable under Class -D and Motor Trade Policies under Classes- E, F and G of e Commercial Vehicles Tariff) NB.i. NB. Notwianding anying to e contrary contained in e policy it is hereby underood and agreed at Section II of e Policy is deemed to be cancelled and under Section I ereof e insurer shall only be liable to indemnify e insured again loss or damage by fire explosion self ignition lightning and/or burglary housebreaking eft and riot rike malicious damage terrorism orm tempe flood inundation and earquake perils whil e vehicle is laid up in garage and not in use. Subject oerwise to e terms conditions limitations and exceptions of is In case of Fire Risk only, e words burglary housebreaking eft are to be deleted. In case of Theft Risk only, e words fire explosion self ignition lightning riot rike malicious damage terrorism orm tempe flood inundation and earquake perils are to be deleted. 22. IMT. 27. Liability and Fire and/or Theft (Not applicable for Miscellaneous and Special Types of vehicles rateable under Class D of e Tariff for Commercial Vehicles) NB.i. NB. Notwianding anying to e contrary contained in e policy it is hereby underood and agreed at Section I of e Policy e insurer shall not be liable ereunder except in respect of loss or damage by fire explosion self ignition lightning and/or burglary housebreaking eft and riot rike malicious damage terrorism orm tempe flood inundation and earquake perils. Subject oerwise to e terms conditions limitations and exceptions of e In case of Liability and Fire Risks only, e words burglary housebreaking eft are to be deleted. In case of Liability and Theft Risks only, e words fire explosion self ignition lightning riot rike malicious damage terrorism orm tempe flood inundation and earquake perils" are to be deleted. 23. IMT.28. Legal Liability to Paid Driver and/or Conductor and/or Cleaner Employed in connection wi e Operation of Insured Vehicle (For all Classes of vehicles.) In consideration of an additional premium of Rs. 50/- notwianding anying to e contrary contained in e policy it is hereby underood and agreed at e insurer shall indemnify e insured again e insured s legal liability under e Workmen's Compensation Act, 1923, e Fatal Accidents Act, 1855 or at Common Law and subsequent amendments of ese Acts prior to e date of is Endorsement in respect of personal injury to any paid driver and/or conductor and/or cleaner whil engaged in e service of e insured in such occupation in connection wi e vehicle insured herein and will in addition be responsible for all cos and expenses incurred wi its written consent. Provided always at, 1. is endorsement does not indemnify e insured in respect of any liability in cases where e insured holds or subsequently effects wi any insurer or group of insurers a policy of insurance in respect of liability as herein defined for insured s general employees; 2. e insured shall take reasonable precautions to prevent accidents and shall comply wi all atutory obligations; records on demand. *3. e insured shall keep record of e name of each paid driver conductor cleaner or persons employed in loading and/or unloading and e amount of wages and salaries and oer earnings paid to such employees and shall at all times allow e insurer to inspect such records on demand. 4. in e event of e policy being cancelled at e reque of e insured no refund of e premium paid in respect of is Endorsement will be allowed. Subject oerwise to e terms conditions limitations and exceptions of e policy except so far as necessary to meet e requirements of e Motor Vehicles Act, * In case of Private cars/ motorised two wheelers (not used for hire or reward) delete is para. 24. IMT. 29. Legal Liability to employees of e Insured oer an Paid Driver and/or Conductor and/or Cleaner who may be travelling or driving in e Employer s Car. (Applicable to Private Cars) NB.* In consideration of e payment of an additional Rs.25/- per employee insured notwianding anying to e contrary contained in e policy it is hereby underood and agreed at e insurer will indemnify e insured again e insured s liability at Common Law and Statutory Liability under e Fatal Accidents Act, 1855 for compensation (including legal cos of any claimant) for dea of or bodily injury to any employee (oer an paid drivers) of e wiin named insured being carried in or upon or entering in or getting on to or alighting from or driving e vehicle insured. Provided at in e event of an accident whil e vehicle insured is carrying more an...* employees of e insured (including e driver) e insured shall repay to e insurer a rateable proportion of e total amount payable by e insurer by e reason of is endorsement in respect of accident in connection wi such vehicle insured. Subject oerwise to e terms, conditions limitations and exceptions of is To insert e number of employees for which e premium has been paid. 25. IMT. 30. Trailers. (Applicable to Private Cars Only) In consideration of e payment of an additional premium it is hereby underood and agreed at e indemnity granted by is policy shall extend to apply to e Trailer (Regiration No...) Provided always at, *a. e IDV of such Trailer shall be deemed not to exceed * * b. e term "Trailer" shall not include its contents or anying contained ereon. c. such indemnity shall not apply in respect of dea or bodily injury to any person being conveyed by e said Trailer oerwise an by reason of or in pursuance of a contract of employment. Subject oerwise to e terms, conditions limitations and exceptions of is * Delete in e case of Liability to e public risks only policies. ** Insert value of trailer as declared at inception of insurance or any renewal ereof. 26. IMT.31. Reliability Trials and Rallies. (Applicable to Private Cars) In consideration of e payment of an additional premium it is hereby underood and agreed at e indemnity granted by is policy is extended to apply whil e vehicle insured is engaged in *. to be held at..**... on or about e date of.../ /... under e auspices of....# Provided at, a. No indemnity shall be granted by is Endorsement to... # b. This policy does not cover use for organised racing, pace making or speed teing. c. During e course of e * e Insurer shall not be liable in respect of dea of or bodily injury to any person being carried in or upon or entering or getting on to or alighting from e vehicle insured at e time of e occurrence of e event out of which any claim arises. # # It is furer underood and agreed at while e vehicle insured is engaged in...* e insured shall bear e fir Rs...@ (or any less amount for which e claim may be assessed ) of each and every claim under Section I of is Policy. Provided at if e insurer shall make any payment in exercise of its discretion under Condition No. 3 of e policy in settlement of any claim and such payment includes e amount for which e insured is responsible by reason of is Endorsement e insured shall repay to e insurer forwi e amount for which e insured is so responsible. 7

8 For e purpose of is Endorsement e expression "claim" shall mean a claim or series of claims arising out of one event. Subject oerwise to e terms conditions limitations and exceptions of is * To insert e name of e To insert Rs. 5000/- for Private cars. For e duration of e event e deductible under Section 1 of e policy for e purpose of IMT 22 will be e amount ated in IMT 22 or e amount ated herein, whichever is higher. ** To insert e venue of e event. # To insert e name of e promoters of e event. # # To delete is entire paragraph in case of Liability Only policies. 27. IMT.32. Accidents to Soldiers/ Sailors/ Airmen Employed as Drivers. In consideration of e payment of an additional premium of Rs 100/-* it is hereby underood and agreed at in e event of any Soldier/Sailor/Airman employed by e insured to drive e vehicle insured being injured or killed whil so employed, is policy will extend to relieve e insured of his liability to indemnify Miniry of Defence under e respective Regulations. Subject oerwise to e terms, conditions limitations and exceptions of is * This additional premium is flat and irrespective of period of insurance not exceeding 12 mons. Any extension of e policy period beyond 12 mons will call for payment of furer additional premium under is endorsement. 8