Friday, 5 May 2017

shiram insurance tips

Accidental loss or damage suffered whilst the insured or any person driving with the knowledge and consent of the insured is under the influence of intoxicating liquor or drugs Accidental loss or damage caused due to Willful Negligence Loss or Liability while the vehicle is used outside the scope of limitations of use and / or being driven by a person not duly     licensed. 
    Consequential loss, depreciation, wear & tear, mechanical and electrical breakdown/failure breakages
    Loss connected to nuclear or radioactivity or nuclear weapons
    Loss connected with war and related activities
    Policy deductibles: The first amount of each and every claim which you should bear. You can choose this amount as per the limits. The higher limit you choose, the greater the discount on the premium.


Additional Features

To further protect you and your near and dear ones commuting in the vehicle with you, we offer a range of value added extensions to your Motor Insurance Policy at a nominal additional premium. Good feature discount.All your Electrical & Electronic Accessories like fog light, etc can be covered within the policy. Personal Accident: You can avail of this cover for yourself (as the insured), for the driver of your vehicle (in case you have a paid driver) and unnamed passengers as per the seating capacity of the vehicle. Unnamed passengers can include your spouse, children, parents, etc. The Personal Accident cover is available from Rs. 10,000/- to a maximum of Rs. 200,000/- (in multiples of Rs. 10,000/-)

Sum Insured

The vehicles are insured at a fixed value called the Insured’s Declared Value (IDV). IDV is calculated on the basis of the manufacturer’s listed selling price of the vehicle (plus the listed price of any accessories) after deducting the depreciation for every year as per the schedule provided by the erstwhile Indian Motor Tariff.

Premium Computation 
The insurance premium for your vehicle depends on the cubic capacity of the engine, the carrying capacity or the gross weight of the vehicle, the age, place of registration and the IDV (Insured Declared Value).


Claim Service:
 1. We take 24X7 claim notification service
 2. Timely customer contact and assistance
 3. Survey and assistance within a day
 4. We shall ensure that quality of claim settlement and customer satisfaction are taken care of in each and every step of claim settlement. 
 5. Simple Claims Procedure – Hallmark of our corporate philosophy and approach.
 6. Claimant can know his claim status at any time from us.