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 Motor Insurance |
Technology has made our daily life simpler in various ways. Motor vehicle is an invention which has made daily commuting easy. It is convenient, fast and saves our time. Though it is easy to own a vehicle it is expensive maintaining a motor vehicle especially in case of damage caused to your vehicle due to some unavoidable circumstances or accidents. Bajaj Allianz's Motor Vehicle Policy helps you in maintaining your vehicle in such situation.
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| Coverage: |
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Section 1
Undertake to reimburse the expenses incurred for repair or replacement of parts of the vehicle.
To pay the market value of the vehicle in case of a total loss, provided that the originating cause of such damage is an accident, including theft.
Section 2
Is compulsory. It covers the legal liability to third party personal injury and property damage arising out of an accident involving the insured vehicle.
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| Motor Insurance: Optional Exclusions |
- Loss of Accessories
- Legal liability to the paid driver, cleaner or any workman
- Personal accident to the occupants
- Personal accident cover for owner-driver is compulsory
- Increased legal liability towards property damage of third party for a limit of Rs 7.5 lacs
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