Page 396 - Motor Insurance Ebook IC 72

The Insurance Times

held covered during the period of requisition without
any additional premium. In the event of loss/damage
occurring during the period of such requisition, the
insurer shall pay losses/ liabilities if any, in excess
of the amount (s) made good by the government.

3. Third party property damage (TPD) cover : A.
Limits of cover for third Party Property Damage
(other than for goods carried in the insured vehicle)
under liability only policy under section II - I (ii) of
various package policies are as per the following
table:- (This provision shall not apply to vehicles
ratable under class G - Tariff for Motor Trade -
Internal Risks)

CLASS OF VEHICLES TPPD COVER
(Rs.)

1. Commercial vehicles (Excluding 7.50 lakhs
three wheelers, taxis and
motorized two wheelers ratable
under tariff for commercial vehicles)

2. Commercial vehicles - Three 7. 50 Lakhs
wheelers and taxis

3. Private Cars 7.50 lakhs

4. Motorised two wheelers- 1.00 lakh
private and commercial

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