What should you do in case of a road accident?

If there is an accident causing injury or damage to any person, animal, vehicle or property, the driver of that vehicle should render all possible help to the injured.

He should also report the matter to the nearest police station, within 24 hours of the occurrence of such accident. According to the provisions of Section 134 of the Motor Vehicles' Act, the driver/owner of the vehicle involved in an accident is responsible to convey the injured to the nearest hospital or clinic. The doctor so approached shall be duty bound to render necessary medical aid or treatment without waiting for any procedural formalities.

Here are some Do's and Don'ts, in the event of an accident

Do's

• Keep calm
• Switch off the car engine
• Apply parking brakes
• Switch on hazard warning lights
• Cordon off the area of accident
• Help the injured
• Take down the names and addresses of the witnesses and registration numbers of the vehicles involved
• Report the matter to the police and
• Take down the name and the number of the policeman who arrives at the scene

Don'ts

• Do not panic
• Do not argue with any one and
• Do not handle the injured unless it is necessary as a life saving measure

How to Avoid Insurance Claim Rejection of Your Car

These days denial of insurance claim on motor vehicles is getting increasingly common. They constitute to the majority of consumer cases in consumer forums and courts. Here we are covering the important points you should keep in mind while purchasing insurance for your vehicle and while you make a claim.

Provide authentic documents.
While purchasing insurance most of the customers negotiate for discounts which results in agent or executive suggesting unfair means to get the same. One such common method in vehicle insurance is a fake No Claim Bonus (NCB) certificate while purchasing a new insurance policy. The insurance agent believes it and gives you a 20% discount.
But if unfortunate events happen and you put a claim on your new insurer he does all the checks including your NCB claim on the previous policy. And this is where they would find a reason to reject. Remember, Insurance companies usually do not do these checks while selling you the insurance (which they should ideally do) and trust you for all that you say but they check every single document when it comes to passing a claim. Looking from economic perspective this makes sense too! So if we give wrong information or fake document to purchase a policy then we are actually buying a piece of paper of no value.

Do not lie to claim investigation officer.
This is most important; tell the exact incidence, even if you think that a slight modification would save you lots of questions or money. Remember claim officers inspect 10 – 15 cases a day and are well experienced to identify the truth. On finding things fishy they may submit a negative report.

Purchase commercial insurance
If your vehicle is used commercially. Its only slightly expensive (about 8 – 10%) but in the unfortunate condition will get you the claim. And people who use popularly commercial vehicles like Indica DLE, Tavera, Qualis, TATA Sumoetc. need to patient for getting claims as more than usual investigations are done for such vehicles under private motor vehicle insurance.

File your claim and keep communicating
File your claim and keep communicating with your insurer while they process it in order to assist them if something is missing or incomplete and henceforth avoiding any rejection. Also it is advisable to maintain a photocopy of all the documents or written communication that you do.

United India Auto Insurance-

Motor Package and Liability only Policies

United India has been in the forefront of designing and implementing complex covers to large customersInrurance Cover. We are discussing Insurance package, Coverage & policies

These details you cant find anywhere.

What Insurance Cover

• Motor vehicle which includes private cars, Motorised Two wheelers and Commercial vehicles excluding vehicles running on rails
  

Who can Insure ?

• Owners of the vehicle, Financiers or Lessee, who have insurable interest in a motor vehicle.
  

Insured's Declared Value (IDV)

(a) In case of vehicle not exceeding 5 years of age, the IDV has to be arrived at by applying the percentage of depreciation specified in the tariff on the showroom price of the particular make and model of the vehicle.

(b) In case of vehicles exceeding 5 years of age and Obsolete models (manufacture of those vehicles which have been stopped by the manufacturers), they have to be insured for the prevailing market value of the same as agreed to between the insurer and the insured.



(a) Package Policy - Section I

Section I (Own Damage - OD) of Package Policy :

Section I of package policy covers loss or damage to the vehicle and / or accessories due to

• Accidental external means
• Fire, Self ignition, lightning
• Burglary, house breaking or theft
• Terrorist activity
• Riot, Strike and Malicious Damage
• Earthquake
• Flood, cyclone and Inundation etc
• While in transit by rail, road, air, elevator, lift or inland waterways
• Landslide or workslide

None of the above perils can be excluded from the scope of a policy.

Loss or damage to accessories by burglary/house breaking/theft

1. For private car it is covered
2. In case of Motorised Two Wheelers this can be covered on payment of an additional premium at 3% of the IDV of such accessories
3. Loss or damage to Lamp, Tyres, mudguard and / or bonner side parts, bumpers etc., can be covered on payment of additional premium. This is applicatble only to Commercial Vehicles.
   If the vehicle is disabled in an accident, cover is provided for the reasonable cost of the following :
   

• Its removal to nearest reapirers
• The cost of reasonalble repairs immediately necessary
  subject to the limit provided for.
  
  
  (a) Package Policy - Section II
  

Section II (Liability) of Package Policy :

1. Liability to third parties bodily injury and or death and property damage
2. Personal accident cover for the owner driver for a specified sum insured
   The following are payable under Section II of the Package Policy subject to the limit of liability laid down in the Motor Vehicles Act :
   
   

• The insured's legal liability for death / disability of third party
• Loss or damage to third party property
• Claimant's cost as decided by the court
• All costs and expenses incurred with company's written consent
• In case of death of an Insured person, entitled to indemnity for a liability incurred under this policy, his legal representative will be indemnified in place of insured, if he observed all conditions as the insured himself.
  

What is not payable under the policy ?

• Contractual liability.
• War perils, nuclear perils and drunken driving
• Consequentail loss, Depreciation, Wear and tear, mechanical or electrical break down
• Damage suffered due to driving the vehicle under the influence of intoxicating liquor or drugs
• Claims arising outside the geographical area specified in the policy
• Claims arising whilst the vehicle is used in contravention of the limitations as to use
• Claims arising when the vehicle is driven by a person without valid driving licence
  
  (b) Liability Only Policy
  
  As per Section II of the package policy
  

Discounts

The following are the discounts available on the premium payable.

• Vintage Cars - Cars manufactured prior to 31.12.40 and duly certified by the Vintage and Classic Cars Club of India :
  A discount of 25% on the OD rates is available. Policies issued covering these vehicles are Agreed Value Policies.
• No Claim Bonus :
  Ranging from 20% to 50% depending on the number of claim free years.
• Automobile Association Membership Discount :
  Discount of 5% on the Own Damage premium subject to a maximum of Rs. 200/- for private cars and Rs. 50/- for Motorised Two wheelers only.
• Discount for Anti Theft Devices :
  A discount of 2.5% on the OD component of premium subject to a maximum of Rs. 200/-. Device approved by the ARAI, Pune - installation of the same in vehicle certified by the Automobile Association of India.
• Concession for vehicles laid up for continuous periods exceeding 2 months
• 50% discount on the OD premium on the vehicle specialy designed / modified for use of the blind, handicapped and mentally challenged persons
• Use of vehicles withing Insured's premises/sites :
  A discount of 33 1/1 % on the tariff rates is permissible.
  

Extension of Cover on payment of additional premium

Additional premium is payable to extend the cover under the Package and Liability Only policies in case of the following :

• The Geographical area may be extended to include
  a) Bangladesh b) Bhutan c) Nepal d) Pakistan e) Sri Lanka f) Maldives by charging additional premium of Rs. 500/- per vehicle in case of package policy and Rs.100/- per vehicle in case of Liability only Policy.
  
• Personal Accident covers are available to names and unnamed persons travelling in the Motor Vehicles including employees.
  
• In case of vehicles belonging to Embassies / Consulates etc., where the "import duty" element is not included in the IDV the premium for Own Damage shall be loaded by 30%.
  Electrical / Electronic Fittings :
  Electrical / Electronic Fittings which do not form part of the vehicle manufactured and imported have to be specifically covered separately by paying additional premium of 4% on the value of such fittings.
  
• CNG / LPG-Bi-fuel Kits :
  Vehicles fitted with CNG/LPG Bi-fuel kits have to be separately declared and premium is chargeable at 4% on the value of such kit.
  
• Fibre Glass Fuel Tanks :
  An additional premium of Rs.50/- for OD cover for all vehicles except Miscellaneous Type of Commercial Vehicles : for Miscellaneous Type of Commercial Vehicle it is Rs. 100/-.
  

Other Information

(I) Transfers :

In case of change of ownership, please ensure to effect the transfer of Insurance policy within 14 days from the date of transfers of ownership.

(II) Change of Vehicles :

A vehicle can be substituted by another vehicle for the same class, for the balance period of a policy subject to adjustment of premium, if any, on prorata basis from the date of substitution.

Note

Particulars of cover, liability and exclusion given above are not complete or exhaustive.

Please contact us for our office for complete details

Auto Insurance

Types of Auto Insurance

Policy A
Act only policy, commonly referred to as third party insurance as it covers damage or harm caused to third parties other than the insured. It is compulsory to take this cover.

Scope of Cover :
Under this policy the company covers the legal liability of the insured as per the Motor Vehicle Act,1988 in the following cases:

• Death of or bodily injury to any person (unlimited liability)
• Damage to property other than belonging to the insured or held in trust or in the custody or control of the insured. ( Upto Rs.6000 only)

There is a provision in the motor tariff by which on the payment of additional premium as detailed below, it is possible to take unlimited cover for damage to property also.

Goods carrying vehicles/passenger carrying vehicles/ Misc. and special types of vehicles : Rs.75 additional premium
Two wheeler/Private car/Taxi : Rs.50 additional premium

Policy B
Act only & Own Damage (loss or damage to the vehicle), is commonly referred to as comprehensive insurance.

Scope of Cover :
The company indemnifies the insured against the loss or damage to the motor vehicle and /or its accessories arising from:

• Fire,explosion, self ignition or lightning;
• Burglary,house breaking or theft;
• Riot and strike;
• Earthquake (fire and shock damage);
• Flood, typhoon, hurricane, inundation, cyclone, hailstorm;
• Accidental external means;
• Malicious act;
• Terrorism;
  

Whilst in transit by road, rail, inland waterways, lift elevator or air.

Note :
Charges for towing the vehicle after an accident to the repairer’s place upto a maximum of Rs.1500 for private cars & taxis, Rs.2500 for commercial vehicles and Rs.300 for two wheelers are reimbursed.
Exclusions to the Comprehensive Insurance Policy
The company shall not be liable to make any payment in respect of :

• Consequential loss, depreciation, wear and tear, mechanical and electrical breakdown, failures or breakages;
• Damage to tyres unless the motor vehicle is damaged at the same time when the liability of the company is limited to 50% of the cost of replacement;
• Loss or damage to accessories by burglary, house breaking or theft unless the motor vehicle is stolen at the same time;
• Any accidental loss or damage suffered whilst the insured or any person driving with the knowledge and consent of the insured is under the intoxicating influence of liquor and drugs.
  
  

General Benefits of Auto Insurance

1. Bodily Injury LiabilityCovers legal costs and personal injury claims filed against you should someone be killed or injured in your automobile and you are determined to be “at fault.”
2. Property Damage LiabilityCovers legal costs and damage claims filed against you should an accident involving your automobile result in damage to someone else’s property and you are determined to be “at fault.”
3. Medical Payments CoverageHelps pay for medical expenses you incur as a result of an automobile accident. Your Medical Payments coverage protects you even if you are injured in another person’s vehicle.
4. Uninsured or Underinsured Motorist CoverageProtects against expenses you incur as a result of an accident that is caused by another individual who is either uninsured, or who has inadequate insurance coverage.
5. Comprehensive CoverageCovers loss to an insured vehicle due to fire, theft, or glass breakage. 6. Collision CoverageCovers an insured vehicle for damages and expenses in the event you are involved in a collision. Six or twelve-month policy renewal periods.



Invest-Inn, Pune MH
LIC,PPF Postal, Auto insurance.
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Mail:money_insurance@yahoo.com