The New India Assurance Co. Ltd. (Government of India Undertaking)
The New India Assurance Co. Ltd. (Government of India Undertaking)
The New India Assurance Co. Ltd. (Government of India Undertaking)
Schedule of Premium
Own Damage Liability
Basic OD Cover Basic TP Cover
Non-Electrical fitting Compulsory PA cover for Owner Driver
(Sum Insured `15,00,000)
NCB(20%)
OD Premium in ` 525 TP Premium in ` 1468
Net Premium in `: 1993
GST in `: 358
Total Payable in `: 2351
Signature Not
Verified
Digitally signed
by Srinivasan Policy No. : 73070031190300001749Document generated by QR_RENEWAL at 24/06/2019 15:19:07 Hours.
Vaideswaran Regd. & Head Office: New India Assurance Bldg., 87 M.G. Road, Fort, Mumbai - 400 001. TOLL FREE No. 1 800 209 1415.
Date: 2019.06.24
For 15:19:11
redressal of your grievance, if any,you may approach any one of the following offices- 1. Policy issuing office 2. Regional office 3. Head office.In case, you are not satisfied with
IST
our own grievance redressal mechanism; you may also approach Insurance Ombudsman. For details of our office addresses and addresses of office of Insurance Ombudsman, please
visit our website http://newindia.co.in.
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THE NEW INDIA ASSURANCE CO. LTD.
(Government of India Undertaking)
Name of Nominee Age of Nominee Relationship with the Name of the Appointee (if Relationship to the
Insured Nominee is a minor) Nominee
NA NA NA NA NA
In witness where of this policy has been signed at Mumbai on this 24/06/2019
WARRANTED THAT IN CASE OF DISHONOUR OF THE PREMIUM CHEQUE, THIS DOCUMENT STANDS AUTOMATICALLY CANCELLED ABINITIO
This policy is subject to the Terms, conditions and exceptions applicable to Package/Liability policy attached/available on the web site
http://newindia.co.in; IMT Endorsement Number(s) printed herewith attached 22,25.
Important notice:
The insured is not indemnified, if, the vehicle is used or driven otherwise than in accordance with this schedule. Any payment made by the
company by reason of wider terms appearing in the certificate in order to comply with the Motor Vehicles Act, 1988 is recoverable from the
insured: see clause headed "AVOIDANCE OF CERTAIN TERMS AND RIGHTS OF RECOVERY". It is clarified that in case the declaration regarding
the ncb or other previous policy details made by the insured, is found to be incorrect, all the benefits (including claim) under section-1 of this
policy, will stand forfeited.
I/We hereby certify that the policy to which this Certificate relates as For and on behalf of The New India Assurance Company Limited
well as this Certificate of Insurance are issued in accordance with
the provisions of Chapter X and XI of M.V. Act, 1988.NIA S.T.REGN
No: AAACN4165CST178.
The policy is subject to TWEC endorsement attached.
Date of Issue: 24/06/2019
(Mr. K GANESAN)
[DIVISIONAL MANAGER]
TW EC-1
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THE NEW INDIA ASSURANCE CO. LTD.
(Government of India Undertaking)
THE FOLLOWING ENDORSEMENT IS TO BE ATTACHED TO THE POLICY WHEN THE "TWO WHEELER PACKAGE POLICY - ENHANCED COVERS"IS
PROVIDED WITH ADD ON COVER - NIL DEPRECIATION:
TWO WHEELER PACKAGE POLICY -ENHANCED COVER ENDORSEMENT ATTACHED TO AND FORMING PART OF POLICY NO.
73070031190300001749 Additional Premium: ` 161.8144
Notwithstanding anything contained to the contrary in the within mentioned policy it is hereby declared and agreed that subject to the insured
having paid the Additional premium as applicable the cover under Section I of the within mentioned policy is hereby extended to the effect that
in the event of any partial loss claim admissible under this policy, no depreciation shall be deducted for the replaced parts payable under the
claim.
Subject to the condition that the above said coverage shall be applicable only for first two partial loss claims admitted and payable under the
policy relating to an accident during the policy period.
Further No claim shall be payable :
1.For any extra fittings and / or any internal improvements in the policy other than provided by the manufacturer in the vehicle originally.
2.In relation to any accident occurring in any geographical area outside India.
3.If the vehicle is more than five years old from the date of first purchase of the new two wheeler from the dealer.
4.If the vehicle is in excluded category;
5.After the first two admissible claims under the Enhanced Cover during the current policy period.
Excess:
From the second year age of the vehicle, additional excess of ` 200/- will be deducted from the claim amount in respect of each claim.
If anytime the Package Policy Enhanced Cover is transferred to a new owner, the Enhanced Cover provided will become non-operational from
the date of such transfer, in which case pro-rata refund shall be made to the original insured subject to there being no claim admissible during
the current period of the policy.
All other terms and conditions of the within mentioned policy shall remain unaltered.
For and on behalf of The New India Assurance Company Limited
Date of Issue: 24/06/2019
(Mr. K GANESAN)
[DIVISIONAL MANAGER]
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