Page 263 - Motor Insurance Ebook IC 72

Guide for Motor Insurance

lamps, tyres, mudguards and/or paint work. Hence
there is no liability for theft of a rear left tyre of
contract carriage from the parked place.

c) Electronic items and Extra fitting are to be covered
specifically. The Sterio is an extra fitting. Insurer
is not liable under the Policy B for its loss of or
damage unless it is covered by specifically adding
it as extra fitting.

d) Damage to a motor cycle whilst the insured
was participating in organized racing is not
payable as policy excludes organized racing

e) Damage to the steering rod is a mechanical
breakdown which is excluded under the policy.
However loss of head lamps, front bumper and right
mudguard is payable as Policy for Tourist Taxi is
not subject to IMT 26.

f) The policy is not extended to cover personal accident
risk. Further Section II of the policy covers liability
to third parties and not to the insured. Hence insurers
are not liable

Q.13. A. What is Constructive Total Loss? Define
B. A scooter insured for Rs. 15,000/- met with a
serious accident. The net repairing liability is Rs.

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