Frequently Asked Questions about Goods Carrying Vehicle insurance

Buying goods carrying vehicle insurance policy online is easy, secure and fast. Some other benefits are:

• Get maximum coverage for your vehicle with comprehensive policy
• No paperwork is required to buy your insurance policy online
• Multiple payment options (Credit Card, Debit Card or Net Banking) are available

• It is easy and time-saving
• Error-free premium calculation
• Simple to compare the premiums
• It is absolutely free
• Gives an idea about the premium amount

The existing vehicle must be sold based on the NCB reserving letter issued by the existing insurer. Based on the NCB reserving letter, the benefit can be transferred to the new vehicle to ensure NCB continuity

Third-Party (TP) goods carrying vehicle insurance policy covers the third-party liabilities alone. Meanwhile comprehensive insurance covers the vehicle against any third-party liabilities and own damages to the vehicle

No. It is different depending upon the vehicle category

No. Shriram Goods Carrying Vehicle Insurance policy premium cannot be paid in instalments. The entire premium amount must be paid before the risk starts

Upon receipt of all the relevant claim documents, along with the original repair invoice and satisfaction voucher/discharge voucher and NEFT details, the claim will be processed within a short timeframe (*T & C apply)

No, there is no such limit available. The insured can claim any amount from the insurer at any time within the policy period

The minimum validity of Shriram Goods Carrying Vehicle Insurance policy is 12 months. The maximum validity depends upon the policy period chosen at the time of purchase/renewal

Yes, you can submit a written request to the same office that issued the policy. A duplicate policy copy will be issued at a nominal cost

A person can only have one goods carrying vehicle insurance policy at a time. If he or she has two policies, they can cancel one of them and be refunded based on the double insurance status