#Product Offerings for Common ServiceCentre (CSC) Motor Insurance HDFC ERGO General Insurance Company Ltd.

Product Offerings for Common ServiceCentre (CSC)  Motor Insurance HDFC ERGO GENERAL INSURANCE

What is Motor Insurance?

• “Motor” as defined under the Motor Vehicle Act is a self propelled vehicle, excluding vehicles running on rails 

•Motor Insurance covers any accidental loss or damage which may result in

Creation of Liabilities

Accidental Injury / Death of Third Parties

Damage to Third Party Property

Result in a Financial Loss

Accidental Damage to own vehicles

Theft of Vehicle / Parts

•Motor Insurance is PROTECTION against the accidental loss or damage to overcome the Liabilities and Financial Losses.

Type of - Motor Vehicles

 

•Private cars

•2 - wheelers

•Commercial vehicles Goods carrying 

(A) ( trucks, Tempos & Pick ups etc) Trailers

(B)  Passenger carrying 

(C) (buses, taxis, Autos)

l Miscellaneous & Special type of vehicle -

D (Agricultural tractors, cranes etc)

Motor Trade

Road Transit risks 

(E)  Road Risks / Trade plate / Trade Certificate 

(F) Internal risks 

Type of  - Motor Policies

• Liability Only Policy

 

Covers Third Party Liability for

Bodily Injury and/ or Accidental Death

Property Damage

• Package Policy

Covers loss or damage to the insured vehicle, personal accident cover for

Driver and Occupants in addition to the third Party liability coverage.

Own Damage to the vehicle caused by:
Accidental External means, Burglary, House Breaking , Theft 
Fire, Explosion, Self Ignition, Lightning lTerrorism, Riots, Strikes,
Malicious Acts Transit by road, rail, inland waterways, air or lift
Earthquake, Flood, Storm, Landslide or Rockslide

Protection and removal costs
                                  lPrivate Cars:   Up to `1500/-
        Two Wheelers:   Up to `300/-
       Commercial Vehicles:   Up to `2500/- 

Personal Accident cover

Compulsory PA for Owner driver

lCovers Accidental Death and Permanent Total Disability

Optional Personal Accident cover 

l           Any Named Person other than Paid Driver and Cleaner

  Unnamed Passengers other than Paid Driver and Cleaner

         lPaid Drivers, Cleaner & Conductors  

Third party Liability

    Death / Bodily Injury to any person (occupant or non

    occupant)

    Damage to property

    lLegal costs and related expenses

         Only for the liability aspect – MACT  and Not covered for criminal proceeding

Limits for Legal Liability

    Unlimited for death &/or bodily injury

            For property damage

                 lLimit for Private Car / Commercial Vehicles -  7.5 Lakh 

                                  lTwo Wheeler is ` 1 Lakh 

vedio link 

OPTIONAL LEGAL LIABLITY COVERAGES

l

Legal Liability to Paid Driver, Cleaner, Conductor (All Classes)

Legal Liability to Employees of Insured (other than driver, cleaner,

conductor) who may be travelling / driving the Car (PVT Cars)

Legal Liability to persons employed in connection with  the

Operation / Maintaining /Loading/Unloading (GCV’s)

lLegal Liability to Paid Driver and / or Conductor and / or Cleaner in

connection with the operation of Motor Vehicle (PCV’s) 

Add on

    lZero depreciation

   lLoss of use

 No claim bonus protection

   lEmergency Assistance

    Engine & gear box protector

 Cost of consumables

 Return to Invoice

Rating Parameters

§Insured Declared Value

§Location

§Age of the vehicle

§Model

§Depreciation Schedule for IDV

§Fuel type

Vehicle Age	% of Depreciation	Vehicle Age	% of Depreciation
Not exceeding  6 months	5%	Exceeding 2 years  but not exceeding  3 years	30%
Exceeding 6 months but not exceeding 1 year	15%	Exceeding 3 years  but not exceeding  4 years	40%
Exceeding 1 year  but not exceeding  2 years	20%	Exceeding 4 years  but not exceeding  5 years	50%

§NCB slabs are 20%,25%,35%,45%,50% for no claims made by 

the insured in the last consecutive 1, 2 ,3,4,5 years respectively

§In the event of claim made last year NCB status stands at 0%.

Gross Vehicle Weight (GVW) / Licensed Carrying Capacity (LCC)  as applicable for commercial vehicles

HDFC ERGO General Insurance Company Ltd.

claim video link:  https://youtu.be/M0vvRoLRPRQ
download Certificate- http://220.225.231.71:5835/rap.aspx

You all are pass your Rap insurance exam kindly revert on this mail for general insurance training.  helping no:9599369112  time:9:30  to 6:00

PRODUCT COMMISSION(PER POLICY)
Motor comprehensive insurance                                            8%(O.D part)+20 rupes
Motor Third party insurance                                                 per policy rs.47 +20 rupes (tentative)
Fire & Allied Perils Dwelling Insurance                                          8%
 Personal Accident Insurance                                                         12%                                                        


please find ppt
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