Page 106 - Motor Insurance Ebook IC 72

The Insurance Times

B. In the case of property damage cover wider liability
is being provided:
i. The limits specified for Motorized two-
wheelers Rs. 100000/-
ii. All other vehicles Rs. 750000/-

The limit of Rs. 6000 is applied when the insured opts
out of Wider Third Party Property Damage (TPPD)
cover. The policy does not cover property held in trust
or in control of the insured. This means that property
belonging to other lying with insured is not covered.

C. i. The cover for liability is not restricted to
"Public Place" provided. Private cars and
two-wheelers used for personal use. In the
"Liability only" policy this restriction applies.

iii. For commercial vehicles liability is restricted
to public place, not beyond limits of any
carriageway or thoroughfare for loading/
unloading.

iv. In the case of commercial vehicle damage to
bridge, viaduct road, or anything beneath by
vibration or weight of the vehicle or load
carried is not covered.

D. Towing or Disabled Vehicles-commercial vehicles

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