Page 360 - Motor Insurance Ebook IC 72

The Insurance Times

premium. This extension is available to any driver
including insured when driving himself. However
paid driver who is otherwise covered under
Workmen's Compensation Act, 1923 as per the
requirements of M,V. Act is not be covered under
this extension.

b) Policies issued to cover foreign made vehicles
of Embassies, High Commissions or Consulates in
India - In case of Motor Policies issued to cover
foreign made vehicles of Embassies, High
Commissions or Consulates in India, when the duty
element is not included in the Insured's Estimate
of Value (IEV), the premium chargeable on Own
Damage cover is to be loaded by 30%.

c) Vehicles specially designed for use of handicapped
persons - While charging the premium on private
vehicles, including two/three wheelers specially
designed for the use of handicapped persons a
discount of 33 1/3% shall be allowed.

This benefit is also extended to vehicles owned and
used by institutions engaged in services of blind
handicapped and mentally retarded persons.

d) Motor Vehicles solely within the insured's premises

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