Why 3rd Party Cover?
INTRODUCTION
BENEFITS
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3rd Party Cover - Annual Premium | ||
Vehicle Type | Standard | Special Cover |
Motor Cycles | Rs. 600/- | Rs. 900/- |
Three Wheeler | Rs. 1,000/- | Rs. 1,500/- |
Other Vehicles | Rs. 2,000/- |
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- Personal Accident Cover (24 hours) up to Rs.50,000/- for the Participant as per the Company’s standard PAB Scale.
- Funeral Expenses of Rs.7,500/- in the event of death to the Participant
- Hospitalization Cover - In the event the participant is confined to a Hospital
and obtains treatment as an in-patient in respect of Sickness (extracted 30 days after this cover
obtained) or Accidental Injury, the Company will grant,
- If warded in a government hospital non-paying ward - Rs.750/- per each hospitalized day for maximum 15 days
- If warded in a paying hospital - Rs.1,500/- per each hospitalized day for maximum 15 days
Cash grant shall be provided excluding the first day of the confinement at the hospital on the submission of the diagnosis card.
- Total Loss Cover Only for Motor Cycles (engine capacity 250cc and below)
In the event the Motor Cycle is totally damaged due to a road accident and is beyond economical repair (as decided by a motor assessor) the Company shall pay the market value of the vehicle at the time of the loss.
N.B:- Age limit to qualify for cover under sections 1 to 3 shall be 18 to 65 years of age. Please refer policy schedule provided for Terms, Conditions & Exclusions of above covers.
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- Registration Copy
- Duly Filled Proposal Form
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