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/-.

• 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.

• 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.