Sezal Insurance Broking Ltd.



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+ Corporate Insurance + Fire Insurance + Industrial Insurance + Liability Insurance + Marine Insurance + Money Insurance + Motor Insurance

Products

Motor Insurance

Motor insurance includes Private Cars, Motorized Two Wheelers and Commercial Vehicles:

	Two Wheeler
	Private Car
	Commercial Vehicle

Scope Of The Policy

This policy provides the following covers

1.	Fire exclusion or the lighting
2.	Self-ignition
3.	External explosion
4.	Burglary
5.	housebreaking or theft
6.	Malicious act
7.	Riot and strike
8.	Terrorism
9.	Earthquake
10.	Flood
11.	Cyclone and inundation
12.	Whilst in transit by rail, road, air, elevator, lift
13.	xiii. Land slide /rock slide

Liability for death or injury to third parties

This means that you are insured against death or injury (caused by your vehicle) to pedestrians, occupant of other vehicles, and outsiders other than passengers.

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

Loss or Damage to your Vehicle

Any partial or total loss to your vehicle arising out of accident or on account of fire and allied perils in covered. Please click to Coverage’s and Exclusion for details

The Policy does not cover use for

a.	Organized racing
b.	Pace Making
c.	Reliability Trials
d.	Speed Testing

Sum Insured

The vehicles are insured at a fixed value called the Insured’s Declared Value (IDV). IDV is calculated on the basis of the manufacturer’s listed selling price of the vehicle (plus the listed price of any accessories) after deducting the depreciation for every year as per the schedule provided by the Indian Motor Tariff.

If the price of any electrical and / or electronic item installed in the vehicle is not included in the manufacturer’s listed selling price, then the actual value (after depreciation) of this item can be added to the sum insured over and above the IDV.

Extensions

	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 person’s employees (paid drivers/cleaners)
	Legal Liability to employees of the insured (other than paid drivers/cleaners) by paying an additional premium, you can opt for these extra covers

General 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.
	When driver is not authorized to drive the vehicle as per his license or non availability of license.

Two Wheeler

Policy for two wheelers covers Loss or damage to the vehicle insured, Personal Accident and Third Party Liability

What the Policy Covers:

	Loss or damage to your vehicle:
	Any loss or damage caused to the vehicle due to the following natural and man made calamities
	Natural Calamities –
	Fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide.
	Man made Calamities –
	Burglary, theft, riot, strike, malicious act, accident by external means, any damage in transit by road, rail, inland waterway, lift, elevator or air.
	Personal accident cover:
	The motor insurance provides compulsory personal accident cover for individual owner driver of the vehicle insured while traveling in, mounting or dismounting from the vehicle. You can also opt for a personal accident cover for pillion rider.
	Third party legal liability:
	Protects against legal liability arising due to accidental damages, any permanent injury/ death of a person and/or any damage used to the property.

The Policy does not cover use for:

a.	Organized racing
b.	Pace Making
c.	Reliability Trials
d.	Speed Testing

Private Car

What the Policy Covers:
	Loss or damage to your vehicle:
	Any loss or damage caused to the vehicle due to the following natural and man made calamities
	Natural Calamities:
	Fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide
	Man made Calamities :
	Burglary, theft, riot, strike, malicious act, accident by external means, any damage in transit by road, rail, inland waterway, lift, elevator or air.
	Personal accident cover:
	The motor insurance provides compulsory personal accident cover for individual owner driver of the vehicle insured while traveling in, mounting or dismounting from the vehicle. You can also opt for a personal accident cover for pillion rider
	Third party legal liability:
	Protects against legal liability arising due to accidental damages, any permanent injury/ death of a person and/or any damage used to the property

The Policy does not cover use for

a.	Organized racing
b.	Pace Making
c.	Reliability Trials
d.	Speed Testing

Commercial Vehical

Commercial Vehicle Insurance offering the most crucial cover of Third Party Liability. A specialized cover for Goods-carrying Vehicles including Public or Private Carriers. You can now rest assured that your vehicle is covered and your business stays protected against liability due to accidental death or injury to third parties or passenger(s).

What the Policy Covers:
	Loss or damage to your vehicle:
	Any loss or damage caused to the vehicle due to the following natural and man made calamities
	Natural Calamities:
	Fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide
	Man made Calamities :
	Burglary, theft, riot, strike, malicious act, accident by external means, any damage in transit by road, rail, inland waterway, lift, elevator or air.
	Personal accident cover:
	The motor insurance provides compulsory personal accident cover for individual owner driver of the vehicle insured while traveling in, mounting or dismounting from the vehicle. You can also opt for a personal accident cover for pillion rider
	Third party legal liability:
	Protects against legal liability arising due to accidental damages, any permanent injury/ death of a person and/or any damage used to the property

The Policy does not cover use for [Goods Carrying Vehicle]

a.	Organized racing
b.	Pace Making
c.	Reliability Trials
d.	Speed Testing

Limitations as To Use [Passengers carrying Vehicle]

The Policy does not cover use for

a.	Organized racing
b.	Pace Making
c.	Reliability Trials
d.	Speed Testing
e.	Use whilst drawing a trailer except the towing (other than for reward) of any one disabled mechanically propelled vehicle.

Factors Determining the Premium

The premium for Commercial Vehicle Insurance is calculated on carrying capacity - gross vehicle weight and value of the vehicle. Accessories will be charged extra, as specified. If you do not make a claim during the policy period, a No Claim Bonus (NCB) is offered on renewals.

Under this policy, you are not covered against

	Own Damage losses
	Any claim arising out of Personal Accident
	Third Party Legal Liability cover for commercial vehicles other than goods-carrying commercial vehicles
	Any accidental loss damage and/or liability caused sustained or incurred outside the geographical area
	Any claim arising out of any contractual liability
	Any accidental loss damage or liability due to war, mutiny or nuclear risk
	Any employee(s) of the Insured other than the owner-driver of the goods-carrying vehicle
	Damage to any bridge and/or way bridge and/or via duct and/or to any road and/or any thing beneath by vibration or by the weight of the insured vehicle and/or load carried by the insured vehicle.