Professional Documents
Culture Documents
Add on Packages /Top up Cover, if opted, will be subject to below mentioned Guidelines
● Applicable to all the channels, except National Tie Ups (NTUs) for brands including MARUTI , HONDA, NISSAN, FORD, BMW, HYUNDIA, VW, Audi Skoda ,GM ,Toyota and KIA , Mercedes ,
JLR or as may be communicated from time to time.
● Applicable to Our Renewals, Rollover as well as new vehicle business.
● The benefit for each Add on package and Top up covers is applicable to the vehicles based on vehicle age.
● The benefit for each Add on package and Top up covers is applicable to vehicles registered as Private Cars Only.
● Add On Packages Drive Assure Welcome (DAW) & Drive Assure Welcome Plus (DAW+), cannot be sold without a deductible of Rs 1000/- in addition to Compulsory deductible as per
tariff , applicable in the event of claim , irrespective of age and model , unless the vehicle is repaired at an approved garage specifically advised by us .
● Midterm endorsements of Add on packages & / or Top up covers are not allowed.
● A top up cover is a standalone individual add on cover, which can be opted only if the Add on Package is also opted.
● Proposal form is mandatory, with all details of the covers opted mentioned therein.
1. This quotation is based on information provided to us and is subject to relevant proofs being submitted and inspection of vehicle at the time of issuance of policy.
2. Quote is subject to change based on documentation and in case actual information at the time of issuance differs from the above.
3. This submission is only a quotation and not an insurance policy or cover note. The insurance coverage would start only after issuance of policy and receipt of payment of premium subject
to terms of policy.
4. This quote is valid for 15 days from issue of quotation date noted above.
5. You are requested to return duly signed copy of this quote as a confirmation of acceptance of the terms and reconfirmation of information provided above.
6. Alternately you may send your objection, what so ever with regard to the above quote or the terms and condition of policy issued, within 7 days from the date of this quote, failing which it
will be concluded that you are fully satisfied and have accepted the quote including the terms and condition of the policy and the correctness of the information provided above.
7. Policy would be issued after tendering full premium quoted above and subject to inspection of vehicle where required.
8. Please furnish us the following information for issuance of policy. a) Previous insurance policy copy / Renewal Notice b) NCB confirmation letter c) Copy of Registration Certificate d) Copy
of driving license Insurance.
PROHIBITION OF REBATES. The Insurance Act, 1938.
1) No person shall allow or offer to allow, directly or indirectly as an inducement to any person to take, renew or continue an Insurance in respect of any kind of risk relating to live or
property in India any rebate of the whole or part of the commission payable or any rebate of the premium shown in the policy nor shall any person taking out or renewing or continuing a
policy accept any rebate, except such rebates which may be in accordance with the published prospectus or tables of the Insurer.
2) Any person making default in complying with the provision of the Section shall be punishable with fine which may extend to Ten Lakh rupees.
Proposer Signature