To keep your business going, it is imperative to have the vehicles owned by you, insured. BGIC offers
package commercial vehicle insurance policies which protect your business from a financial loss arising
out of accidental loss or damage to your vehicle, your legal liability towards third parties for
personal injury, death and property damage on account of any accident involving your vehicle.
BGIC offers vehicle insurance package policies for Commercial Vehicles across the various classes of vehicles like Goods Carrying Vehicles both Private and Public Carrier, Trailers, Passenger Carrying Vehicles, Miscellaneous and Special Types of vehicles – Mobile Rig, Shovels, Grabs, Tractor, Excavator etc.
Scope of Cover
Loss or damage to the vehicle insured caused by any one of the following events :
- Accident by external means
- Burglary, House Breaking or Theft
- Fire, Explosion, Self Ignition, Lightning
- Terrorism, Riots, Strikes, Malicious Acts
- Transit by road, rail, inland waterways, air or lift
- Earthquake, Flood, Storm, Landslide or Rockslide
Liability To Third Parties
Covers the legal liability for Injury / Death and / or Property Damage caused to a third party in the event of an accident caused by or arising out of the use of the vehicle
Personal Accident Cover
The policy also provides for a mandatory Personal Accident Cover for Owner Driver for covering Accidental Death and Permanent Total Disability. It also covers the paid driver.