At BGIC, we understand your car is your prized possession and that you want to do everything possible to ensure its security. Hence, we bring the Private Car Package Policy. It is not just designed to cover the compulsory Third Party Liability as required by Motor Vehicles Act, but also any loss or damage to the your vehicle.
Scope of Cover:
Third Party insurance (Third Party Liability)
This Policy protects you against any legal liability arising out of the use of your vehicle towards third parties, leading to any bodily injury to / on death of a person and any damage caused to third party property.
Comprehensive insurance :
A fully loaded policy to provide you with protection for your car against unexpected accidental damages in addition to third party liability.The Private Car Package Policy covers you against any loss or damage caused to your vehicle or its accessories due to the following natural and manmade calamities:
Fire, explosion,self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm,tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide.
Man made Calamities:
Burglary, theft, riot, strike, malicious act, accident by external means, terrorist activity, and any damage in transit by road, rail, inland waterway, lift, elevator or air.
Please note, while every effort is made to give you the best possible services any loss/damage to the vehicle and/or its accessories will be not be covered if caused by the following:
- Normal wear, tear and general ageing of the vehicle
- Depreciation or any consequential loss
- Mechanical / electrical breakdown
- Vehicle being used otherwise than in accordance with limitations as to use
- Damage to / by a person driving the vehicle without a valid license
- Damage to / by a person driving the vehicle under the influence of drugs or liquor
- Loss / damage due to war, mutiny or nuclear risk
- Use of Motor vehicle in violation of Limitation As To Use clause mentioned in the Policy