Motor insurance notes pdf

 

 

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If CNG / LPG kit is fitted to the vehicle, RTA where the vehicle was registered should be informed to note the change in the registration certificate (RC). The. Policy including Premium Computation. Table and Certificate of Insurance. Cover Note. -. SECTION 7. India Motor Tariff (IMT) Endorsements. SECTION 8.It was stated in the exclusions of the subject motor policy that the insurer would not be liable for depreciation. As the insured vehicle was already eight Exclusions from Motor Vehicle Insurance Policy . Write short note on Liberalization of Insurance Sector in India. F. Answer in Detail. Motor Vehicle insurance (also known as, car insurance, or motor insurance) is insurance purchased for cars, trucks, motorcycles, and other road vehicles. under a finance agreement where ownership passes to the principal policyholder, vehicle policyholder or partner and the Finance Company agrees. Important note. 2,500/- in respect of any one accident. (Note: For motor cycles the limit is Rs.300/-, for cars Rs.1500/. - and for commercial vehicles Rs This coverage pays for damage policyholders (or someone driving the car with changes to insurers' use of insurance scores, PCI notes. If CNG / LPG kit is fitted to the vehicle, RTA where the vehicle was registered should be informed to note the change in the registration certificate (RC). The

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