Eligibility

• Insurance is available to individuals aged 18 to 75 with a valid driver’s license.

• Vehicle must be registered in the policyholder’s name.

Coverage

• The policy covers accidental damage, theft, fire, and natural disasters, as well as third-party liability.

• Additional coverage options (e.g., personal accident cover, breakdown assistance) are available at an extra cost.

Premium Payment

• Premiums are payable monthly or annually, based on the policy type.

• A grace period of 10 days is allowed for overdue payments. Failure to pay may result in policy cancellation.

Exclusions

• Claims arising from negligence, driving under the influence of alcohol or drugs, or involvement in illegal activities will not be covered.

• Damage to the vehicle due to wear and tear, or mechanical failure, is excluded.

Claims Process

• All claims must be reported within 48 hours of the incident.

• Required documents include a police report (in case of theft), accident report, and photographs of damages.

• The insurer reserves the right to assess the damage and decide on the amount of reimbursement.

Policy Cancellation

• The policyholder can cancel the policy at any time, subject to a cancellation fee.

• Refunds may be issued for unused coverage periods, minus administrative charges.

Renewals

• Policies are renewable annually. Renewal terms, including premium adjustments, will be communicated 30 days prior to expiration.

Liability

• The insurer's liability is limited to the sum insured, as specified in the policy document.

• The insurer is not liable for any indirect or consequential losses.

Data Protection

• Personal data provided by the policyholder will be handled according to privacy laws and used solely for insurance purposes.

Dispute Resolution

• Any disputes arising from this agreement will be resolved through arbitration as per the jurisdiction of the governing law.