Commercial Vehicle Insurance

Key benefits - covers your commercial vehicle against own and third party damages

1. Accidental damage to the vehicle due to:

  • Fire, lightning, self-ignition, external explosion, burglary, housebreaking or theft, malicious act.
  • Riot and strike; terrorism; earthquake; flood, cyclone and inundation
  • Whilst in transit by rail, road, air, elevator, lift.

2. Liability cover for:

  • Third party injury or death
  • Third party property damage caused to their property

You can extend your commercial vehicle insurance to cover:

  • Loss or damage to electrical accessories
  • Loss or damage to Non-electrical accessories
  • Personal Accident cover for insured or any named person or unnamed passengers
  • Legal liability to persons employees (paid drivers/cleaners)
  • Legal Liability to employees of the insured (other than paid drivers/cleaners)
  • Legal liability to fare and non fare paying passengers

Add On Cover- Zero Depreciation:

  • Cover can be given to vehicles up to 2 years of age. It should be repaired at any of Company authorized garage
  • Avail repairing costs of fiber glass, rubber, tyres, batteries, air bags, nylon, and plastic parts

Main exclusions

The Policy does not cover any claim due to:

  • Wear and tear, breakdowns.
  • Consequential loss
  • Loss when driving with invalid driving license or under the influence of alcohol.
  • Loss due to war, civil war, etc.
  • Claims arising out of contractual liability.
  • Use of vehicle otherwise than in accordance with 'limitations as to use' (e.g. private car being used as a taxi)
  • War perils, nuclear perils
  • Mechanical and electrical breakdown; failure or breakage.

This is not an exhaustive list.

For further details and quotation, talk to us today at 1800-103-2292 (Toll free) or visit one of branches

Customers Speak