Technology has made our daily life simpler in various ways. Motor vehicle is an invention which has made daily commuting easy. It is convenient and fast and saves our time. Though it is easy to own a vehicle it is expensive maintaining a motor vehicle especially in case of damage caused to your vehicle due to some unavoidable circumstances or accidents. Bajaj Allianz's Motor Vehicle policy helps you in maintaining your vehicle in such situations.
What does the Bajaj Allianz Motor Policy cover?
The policy offers the following scope of Cover :
Section 1 : Undertakes to reimburse the expenses incurred for:
Repair / replacement of the parts of the vehicle
To Pay the market value of the vehicle in case of a total loss. Provided that the originating cause of such damage is an accident, including theft.
Section 2 : Is compulsory. It covers the legal liability to third party personal injury and property damage arising out of an accident involving the insured vehicle.
What are the Optional Extensions?
The extensions that can be opted for are as follows :
Loss of accessories
Legal liability to the paid driver, cleaner or any workman
Personal accident to the occupants
Personal accident cover for owner-driver is compulsory
Increased Legal liability towards property damage of third party for a limit of Rs. 7.5 lacs