Page 183 - Motor Insurance Ebook IC 72

Guide for Motor Insurance

III. COMMERCIAL VEHICLES:
1. Taxis & three Wheelers- Not exceeding 1500
cc deductible Rs. 500/-
Exceeding 1500 cc deductible Rs. 1000/-

2. Goods Carrying vehicles: Not exceeding
7500 Kg GVW deductible Rs. 500/-

Between 7500 GVW & 16500 GVW deductible Rs.
1000/-
Exceeding 16500 GVW deductible Rs. 1500/-

IV. PASSENGER CARRYING VEHICLES
Not exceeding 17 passengers deductible Rs.
500/-

Between 17 passengers & 36 passengers deduction
Rs. 1000/-

Exceeding 36 passengers deductible Rs. 1500/-

The above deductibles are being charged by
general practice but some insurers have higher
deductibles in place for specific categories of
vehicles of usage e.g. Toyoto Qualis, Tata Sumo
or Commercial vehicles.

Sashi Publications - www.sashipublications.com 183

Copyright@ The Insurance Times. 09883398055 / 09883380339