Weizmann Goods Carrying Commercial Vehicle Insurance Policy
Most
vehicles used for transportation are sturdy and robust, capable of
meeting your varying requirements of transportation. However, often,
they are prone to various risks which might result in significant
financial loss as well as business interruption.
The
Weizmann Insurance policy for Goods Carrying Vehicles, through its
comprehensive coverage ensures that your vehicle is secured against
adverse contingencies.
Our Advantage
- Instant policy issuance
- 24 hour helpline for emergency services
- ‘No claim bonus’ reward for claim free policy renewals
- Option of transferring ‘No Claim Bonus’ from your old vehicle to the new vehicle
- Availability of Additional discounts for installation of an anti-theft device
- Hassle free claim processing
- Instant survey arrangements
- Free towing charges upto Rs 20,000/-
Policy Coverage
The policy covers –
- Vehicle Damage: Loss or damage to vehicle due to –
- Accident external means
- Fire, lightening, self-ignition, explosion, burglary, house-breaking or theft
- Riot and strike, malicious act, terrorism, earthquake, flood, cyclone and inundation
- Whilst in transit by rail, road, air, elevator and lift
Vehicle Damage: Loss or damage to vehicle due to –
Personal Accident Cover – for individual owners of the vehicle while driving
Third party Liability
– liability for third party injury/death, third party property damage
and liability to paid driver, legal liability to non-fare paying
passengers, operation/maintenance of the vehicle (as per Motor Vehicle
Act)
- Add on covers: Option to customize the policy with additional coverage:
- Electrical/electronic accessories cover
- Non-electrical accessories
- Bi-fuel kits comprising LPG/CNG systems
- Personal Accident cover for the paid drivers, cleaners and conductors
Policy Exclusions
- Normal wear and tear of the vehicle
- Mechanical and electrical breakdown
- Vehicles being used other than in accordance with the limitations as to use
- Damage to/by a person driving without a valid driving license
- Loss or damage under the influence of alcohol or any other intoxicating substance
- Loss or damage due to depreciation
- Loss or damage due to war or nuclear risks
- Consequential loss
Note : The rates and terms are governed by All India Motor Tariff.
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