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Premium Breakup
Limitations As To Use: The Policy covers use of the vehicle for any purpose other than: a) Hire or Reward b) Carriage of goods (other than samples or personal luggage) c) Organized racing d)
Pace making e) Speed testing f) ReliabilityTrials g) Any purpose in connection with Motor Trade. Persons or Class of Persons entitled to drive: Any person (including the insured), provided that a
person driving holds a valid driving license at the time of the accident and is not disqualified from holding or obtaining such a license. Provided also that the person holding a valid learner's license
may also drive the vehicle and that such a person satisfies the requirements of Rule 3 of the Central Motor Vehicles Rules, 1989. Limits of Liability. 1. Under Section II-1 (i) of the policy - Death of
or bodily injury - Such amount as is necessary to meet the requirements of the Motor Vehicles Act, 1988. 2. Under Section II - 1(ii) of the policy - Damage to Third Party Property - Rs. 750000 3. P.
A. Cover under Section III for Owner - Driver (CSI): Rs. 1500000 Terms, Conditions & Exclusions: As per the Indian Motor Tariff. A personal copy of the same is available free of cost on request &
the same is also available at our website.
I / We hereby certify that the policy to which the certificate relates as well as the certificate of insurance are issued in accordance with the provision of chapter X, XI of M. V.Act 1988. "The stamp
duty of Rs. 0.50 paid by electronic medium vide GRAS Deface no. 0004334894202122 dated 24/11/2021 & GRAS Deface no. 0004334962202122 dated 24/11/2021 as prescribed in Government
Notification Revenue & Forest Department No. Mudrank - 2017/C.R.97/M-1, dated 09/01/2018. GSTN: 27AAOCA9055C1ZJ. IMPORTANT NOTICE: The Insured is not indemnified if the vehicle is
used or driven otherwise than in accordance with this Schedule. Any payment made by the Company by reason 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 AND RIGHT OF RECOVERY”in the policy wordings. Disclaimer: The Policy shall be void from
inception if the premium cheque is not realized. In the event of misrepresentation, fraud or non-disclosure of material fact, the Company reserves the right to cancel the Policy. The policy is issued
basis the information provided by you, which is available with the company. In case of discrepancy/non recording of relevant information in the policy, the insured is requested to bring the same to
the notice of the company within 15 days.This Policy is to be read in conjunction with the Policy wordings (https://www.acko.com/download) available on the website of the Company. On renewal,
the benefits provided under the policy and/or terms and conditions of the policy including premium rate may be subject to change.
INTERMEDIARY DETAILS
Policy Issuing Office: Direct - Mumbai Intermediary Name: Direct
Phone Number: NA Intermediary Code: NA
PROHIBITION OF REBATED (SECTION 41) OF THE INSURANCE ACT - 1938 (AS AMENDED)
1. No person shall allow or offer to allow, either directly or indirectly as an inducement to any person to take out or renew or continue and insurance in
respect of any kind or risk relating to lives or property in India, any rebate of the whole or part of the commission payable or any rebate of the premium
shown on the policy, nor shall any person taking out or renewing or continuing a policy accept any rebate expect such rebate as may be allowed in
accordance with the prospectus or tables of the Insurer.
2. Any person making default in complying with the provisions of this section shall be liable for a penalty which may extend to 10 lakh rupees.