AP16TH9524 Magma HDI General Insurance Co. LTD
AP16TH9524 Magma HDI General Insurance Co. LTD
AP16TH9524 Magma HDI General Insurance Co. LTD
LIABILITY
LIABILITY(B)
Basic - TP 16595
PA Owner Driver -SI Rs.200000 100
LL to Paid Driver IMT 28 50
Legal Liability to Passenger 0
Sub Total 16745
Premium Computation
Total Liability Premium 16745.00
CGST @ 9% 582.00
SGST @ 9% 582.00
TOTAL 17909.00
Disclaimer:The Exclusions in this policy are as specified in the pre inspection report ID :
LIMITATIONS AS TO USE - The Policy covers use only under a permit within the meaning of the Motor Vehicles Act, 1988 or such a carriage falling
under Sub-section 3 of Section 66 of the Motor Vehicle's Act 1988.
The Policy does not cover use for a) Organised racing, b) Pace Making, c) Reliability Trials, d) Speed Testing, e) Use whilst drawing a trailer except
the towing (other than for reward) of any one disabled Mechanically propelled vehicle (only for Passenger Carrying Vehicles).
Persons or classes of
Any person including Insured:
persons entitled to drive:
Provided that the person driving holds an effective driving license at the time of the accident and is not disqualified from holding or
Stage carriage/Contract
obtaining such a license.Provided also that the person holding an effective learner's license may also drive the vehicle when not used for
Carriage/ Private Service
the transport of passengers at the time of the accident and that such a person satisfies the requirements of Rule 3 of The Central Motor
Vehicle
Vehicles Rules, 1989.
Provided that the person driving holds an effective driving license at the time of the accident and is not disqualified from holding or
obtaining such a license.Provided also that the person holding an effective learner's license may also drive the vehicle when not used for
Non-transport Vehicles
the transport of passengers at the time of the accident and that such a person satisfies the requirements of Rule 3 of The Central Motor
Vehicles Rules, 1989.
LIMITS OF LIABILITY
Under Compulsory excess in respect of each and every Under In respect of any Under Damage to Third Party Property Under PA Owner – Driver as
Section claim under Sec I of motor policy Section one accident -- As Section Rs. 750000/- in respect of any Section III: per premium
I II-I (i) per Motor Vehicle II-I (ii) one claim or series of claims computation table
Act arising out of one event.
Subject to I.M.T Endorsement Nos. IMT 28
NOMINATION DETAILS
Name Of the Nominee Date of Birth of Nominee Age of Nominee Relationship Percentage
NA NA NA NA 100
I/We hereby certify that the Policy to which this Certificate relates as well as this Certificate of Insurance are issued in accordance with the provisions of chapter X and
chapter XI of M.V. Act, 1988.
Premium Collection Details :- [Collection No - ReceiptDate - Amount] : P/300021/19/100006378- 25/11/2022, 17909
Premium Amount in Word's ( ):- Seventeen Thousand Nine Hundred Nine only/-
For Magma HDI General Insurance Co. Ltd.
In case of Claims, please contact us at 1800 - 3002 - 3202
Consolidated Stamp Duty on the issue of General Insurance Policies Paid vide G.O No. 1891, dated
25.10.2017
GST Number of MHDI - 37AAGCM1685C1ZI
GST Invoice Number - POL3704190000993
Accounting Code for Service - 997134, Motor vehicle insurance services Authorised Signatory
For Complete details of coverage , terms, conditions & exclusion please refer the standard policy wording attached with this schedule
IMPORTANT - 1) The Validity of this Certificate of Insurance cum Schedule is subject to realisation of the premium cheque.
2) No Claim Bonus will only be allowed provided the Policy is renewed within 90 days of the expiry date of the previous policy.