#1
25th April 2016, 11:13 AM
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OICL Policy
Will you please tell what things covered in Motor package insurance policy of Oriental Insurance Company Ltd. (OICL) ?
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#2
25th April 2016, 11:13 AM
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Re: OICL Policy
As you want I am here telling you about the things covered in Motor package insurance policy of Oriental Insurance Company Ltd. (OICL). Motor package insurance policy for private car: Private Car Package Policy covers Accidental Loss of or damage to the Vehicle Liability to third parties, Personal Accident cover to owner-driver Various Add on Covers on extra premium Loss or damage to private car caused by: 1. Burglary, Housebreaking or Theft 2. Fire, Explosion, Self Ignition & Lightening 3. Earthquake, Flood, Storm, Landslide or Rockslide, Inundation. Terrorism, Riots, Strikes, Malicious Acts. 4. Transit by Road, Rail, Inland waterways, air or lift. Amount of Insurance: Insured Declared Value of the Vehicle (IDV). Private Car Package policy: not covers: Damage by a person driving without a valid driving license Mechanical or Electrical breakdown, failure Damage by a person driving under the influence of Liquor/Alcohol/Drugs Damage to tyres/tubes of the Car, unless damage to the vehicle in the accident with liability maximum fifty percent of value. Depreciation, any consequential loss Loss/Damage attributable to War/Mutiny/Nuclear risks Vehicle being used for Hire or Reward, speed testing or Reliability trials, Pace making , Organized Racing , any purpose in connection with Motor Trade. Damage, outside India unless covered by extra premium for Nepal, Bhutan & Bangladesh, Pakistan, Sri Lanka &Maldives Contact Detail : The Oriental Insurance Company Ltd. Registered Office : Oriental House, A-25/27, Asaf Ali Road, New Delhi - 110002 Phone No's :011-43659595 |
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