Welcome To Aditya Birla Insurance Brokers Limited, A Subsidiary of Aditya Birla Capital Limited!
Welcome To Aditya Birla Insurance Brokers Limited, A Subsidiary of Aditya Birla Capital Limited!
We assure you of the best customer service always. Looking forward to a long and successful journey ahead!
Yours sincerely,
Aditya Birla Insurance Brokers Limited
For Renewals, Endorsements, NCB Certificates, Cancellations & Refund: Kindly contact TRIDENT AUTOMOBILES PVT LTD BENGALURU at 080-43433111
Reliance General Insurance Co. Ltd.
Reliance Private Car Policy- Standalone Own Damage ,UIN: IRDAN103RP0001V01201920
(FORM 51 OF THE CENTRAL MOTOR VEHICLE RULES, 1989)
Policy No 991492023090006056 Proposal No. & Date P28623357, 09-APR-2020
Policy Issued On 09-APR-2020 (11:03) Previous Policy No. 991491923740019977
Insured Name MRS. GAYATHRI M Previous Insurer RGI
Insured Add. 301,TRINITY ENCLAVE OLD MADRAS ROAD CV RAMAN Period of Own Damage 25-APR-2020(00:00) to 24-APR-2021(Midnight)1 Year
NAGAR , BANGLORE , KARNATAKA-560093 Period of Liability Cover No Liability Cover
Period of CPA Cover No CPA Cover +
Other Liability Policy : 991491923740019977 , Insurance Company: Reliance General Insurance Co. Ltd. , Period from 25-APR-19 TO 24-APR-22
Nominee Name ..................... Age ............ Relation ...............
Servicing Office of Insurer: S.M Towers,II floor 11 th main, 3 rd block Jayanagar ,BANGALORE ,KARNATAKA , PINCODE:560011 ,KARNATAKA (State Code : 29), PH-022-33031000
Limitations as to use: The policy covers use of the vehicle for any purpose other than (1) Hire or Reward (2) Carriage of goods (other than samples or personal luggage) (3) Organized racing (4)
Pace making (5) Speed testing (6) Reliability trials (7) Any purpose in connection with motor trade.
Driver’s Clause: Any person including the insured: Provided that the person driving holds an effective driving license at the time of the accident and is not disqualified from holding or obtaining such
license. Provided also that the person holding an effective learner’s license may also drive the vehicle & that such a person satisfies the requirements of Rule 3 of the Central Motor Vehicle Rules,
1989.
This policy covers damages to vehicle only and not the Third Party losses. Third Party cover is taken by the customer in previous policy, details of which are as per the customer declaration only.
Customer needs to ensure that there is a valid TP cover at all times.“Own Damage Cover is subject to a valid Third Party Policy.”
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 preceding year(s)-20%, preceding two
consecutive years-25%, preceding three consecutive years-35%, preceding four consecutive years-45%, preceding five consecutive years-50% of NCB on OD Premium. NCB is allowed provided the
policy is renewed within 90 days of the expiry date of the previous policy.
Hypothecation Details: ----NA----
MISP: AB-MHY000031 - TRIDENT AUTOMOBILES (P) LTD Designated Person (DP) Name: SHANMUKHA M.S., Code: AB-DPHY000040-3217
Receipt No:Y040920000762, Payment Mode: ONLINE
Important Notice: The insured is not indemnified if the vehicle is used or driven otherwise than in accordance with the schedule. Any payment made by the company by reasons of wider terms
appearing in the certificate in order to comply with the Motor Vehicle Act, 1988 is recoverable from the insured. See the clause headed “AVOIDANCE OF CERTAIN TERMS & RIGHT OF
RECOVERY” For legal interruption, English version will hold good.
SAC : 997134, Description of Service : Motor Vehicle Insurance Services, Place of Supply : KARNATAKA(State Code : 29), Insurer Invoice Number : Y040920000762
I/we hereby certify that the policy to which this certificate relates as well as this certificate of insurance are issued in accordance with the provisions of Chapter X and Chapter XI of Motor Vehicle Act,
1988
For & On Behalf of Reliance General Insurance Co. Ltd.
Scan QR for Latest Status and Renew after 24-JAN-21 Authorized Signatory
Broker’s Name & Add.:Aditya Birla Insurance Brokers Ltd. One India Bulls Centre, Tower -1,14th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road,Mumbai- 400 013;IRDA License Number -ABIBL -
146/03
Insurer's IRDA Registration Number-:103
Trade Logo displayed above belongs to Anil Dhirubhai Ambani Ventures Private Limited and used by Reliance General Insurance Company Limited under License.
In case of any claim or assistance required please contact our 24X7 help line at 18002707000 .
Private Car Standalone Own Damage Policy
Introduction to Motor Insurance Policy Schedule of Depreciation for fixing IDV of the vehicle
A Motor Insurance Policy is mandatory under the Motor Vehicle Act Age of the vehicle % of Depreciation
ensuring s that the car owner is protected from financial losses,
caused by damage or theft to the vehicle.
Not exceeding 6 months 5%
What does the policy cover?
■ Loss or damage to your vehicle or the accessories due to: Exceeding 6 months but not exceeding 1 year 15%
- Natural Calamities: Fire, explosion, self ignition or lightning, Exceeding 1 year but not exceeding 2 years 20%
earthquake, flood, typhoon, hurricane, storm, tempest,
inundation, cyclone, hailstorm, frost, landslide, rockslide.
Exceeding 2 years but not exceeding 3 years 30%
- Man-made Calamities: Burglary, theft, riot, strike, malicious
act, accident by external means, terrorist activity, any damage
Exceeding 3 years but not exceeding 4 years 40%
in transit by road, rail, inland waterway, lift,elevator or air, etc.
IDV for the vehicle of age exceeding 5 years would be determined mutually
by insurer and insured
Schedule of Depreciation for parts replaced
50% for all rubber/nylon/plastic parts, tyres, tubes, batteries and air bags
■ Towing charges up to Rs. 1500 30% for all fiber glass components
■ Loss of Electrical/Non-Electrical accessories In the case of painting, the depreciation rate of 50% shall be applied only on
the material cost of total painting charges.In the case of a consolidated bill
■ Loss or damage to Bi-fuel system for painting charges,the material component shall be considered as 25% of
total painting charges for the purpose of applying the depreciation.
(Applicable for policies with risk inception date on or after 1st February 2013)
For all other parts depreciation rate is applicable as following:
■ Discount for installation of approved anti-theft devices Exceeding 1 year but not exceeding 2 years 10%
■ Discount for AAI membership Exceeding 2 years but not exceeding 3 years 15%
■ Premium Concession for specially designed/modified vehicle
Exceeding 3 years but not exceeding 4 years 25%
for blind, handicapped and mentally challenged persons
■ Depreciation is applicable for the parts needing replacement in
Exceeding 4 years but not exceeding 5 years 35%
accident
What is not covered in the policy? Exceeding 5 years but not exceeding 10 years 40%