Page 116 - Motor Insurance Ebook IC 72

The Insurance Times

This provision was included in Liability policy as it
was observed that in most motor accidents no other
vehicle was involved and as the owner traveling in
the vehicle suffering an injury was not entitled to
compensation.

Often the injured owner was not having any
insurance to cover self. The owner or family were
thus in financial distress. To mitigate the loss faced
by the family, this coverage is provided.

ii) The insurer undertakes to pay compensation to the
owner-driver for bodily injury death in the event
of an accident directly connected with the vehicle
or whilst driving or mounting or dismounting or
traveling as a co-driver caused by accidental
violent external and visible means within 6
calendar months of such injury

Nature of injury Scale of compensation
Death 100%
Loss of two limbs of two
eyes or 1 limb and 1 eye 100%
Loss of one limb or sight
of one eye 50%
Permanent Total
Disablement (PTD) 100%

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