Serial   Contingency and Benefit                         Table       Benefits                   Rate (Rs.  Per mile)

No.     Payable as % of CSI                                              Covered            Normal   Medium      Heavy

                                                                                                                  Risks       Risks         Risks

1.        Death only - 100%                                  I                   1                  0.40         0.60            0.90

2.        Loss of two limbs, two eyes 

          or one limb and one eye-100%

3.        Loss of one limb or one eye-50%

4.       Permanent Total Disablement                 IA                  1 to 4            0.45          0.65            1.50     

           from injuries other than those

           named above (PTD-100%)

5.      Permanent Partial Disablement                  II                  1 to 5           0.90        1.25            1.90

           % of CSI as Detailed in the Policy

6.    Temporary Total Disablement                    III                 1 to 6           1.50        2.00           3.00

           1% of CSI per week up to 104 weeks

           maximum. Weekly benefits not to

          exceed Rs.5,000/-

1. a)       Consequential loss,wear and tear,mechanical or electrical breakdown, failures or breakages
2. b)       damage to tyres unless the motor vehicle is damaged at the same time when the liability of   the insurer is limited to 50% of the cost of replacement ;
3. c)       any accidental loss or damage suffered whilst the insured or any person driving with the knowledge and consent of the insured is under the influence  of intoxicating liquor or drugs.
4. d)       cost of part/s and allied labour , failure of which led any accident.

Vehicles plying outside the Geographical Area, claim out of any contractual liability, vehicles being used otherwise than in accordance with the limitations as to use, being driven by any person other than a driver as stated in the Drivers Clause, nuclear risks, liability directly or indirectly arising from nuclear weapons material are the general exceptions.

Period of the Policiy

Invoice price for new vehicle together with additional expenditure if any on accessories can be the basis of Sum Insured.

 For Private Car Policies......

                Own damage premium comes around 3% of  Insureds Estimated Value declared and liability                 premiums to be added @ Rs.340/- or Rs.509/- depending on cubic capacity (for not exceeding                 1500cc & exceeding 1500cc ).

 For Motor Cycle / Scooter Policies........

                Own damage premium to be charged ranging from Rs.33/- to Rs.132/- depending on cubic                 capacity plus surcharge on Insured Estimated Value ( 1.1% except Auto Cycle ) where minimum                 Act premium ranges from Rs.57/- to Rs.96/- according to cubic capacities.

For all the motor policies , premium has to be deposited with 5% service tax and entire premium has to be given in advance before commencement of risk.

 Basis of Indemnity will be to the extent lost/suffered in terms of replacement value for the parts to be replaced in case of partial accidental damage with associated labour to be assessed by an Independent surveyor (relaxed for in-house surveyor within the estimate of Rs.20,000/-)  keeping policy terms and codition in view. For total loss, market value determined by an independent surveyor will be the basis. For extensive damage which ultimately makes the repairing uneconomical may be considered for total loss to be derived by the independent surveyor. In such cases, the insured, if wishes, can retain the salvage and net amount can be disbursed towards total settlement.