Mahindra XUV700 vs Tata Safari: Which SUV is Better for Families?
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Shriram Goods Carrying Vehicle Insurance policy has Comprehensive and Third-Party Liability Insurance. Choose the preferred add-on or all of them at an additional premium for your additional safety with Shriram Goods Carrying Vehicle Insurance policy online
A comprehensive goods carrying vehicle insurance policy is the most preferred coverage option by the insureds. It provides the benefits of Third-Party (TP) coverage (coverage against third-party liabilities) and Own Damage coverage (covers damage/losses incurred to the vehicle owner/vehicle). With the Shriram Goods Carrying Vehicle Insurance policy, a Compulsory Personal Accident (CPA) cover of Rs. 15,00,000/- will always be included at an affordable premium
Coverage includes:
In India, a Third-Party (TP) goods carrying vehicle insurance policy is mandatory for all commercial goods carrying vehicles by Section 146 of the Motor Vehicles Act, 1988. A Third- Party (TP) liability goods carrying vehicle insurance policy protects the insured against third- party liabilities (opponent vehicle/property damage or injury/death to a third-party vehicle owner). If your vehicle causes “third-party” property damage, Shriram General Insurance will offer compensation up to Rs. 7,50,000/- as mentioned in the policy document. Unlimited Third-Party personal liability coverage will be provided to the third-party vehicle owners in case of death/injury caused by your vehicle, as per the legal provisions
Coverage includes:
In a nil depreciation goods carrying vehicle insurance policy, the insurer pays the entire claim amount without considering the depreciation of the vehicle's value. This add-on feature, on the other hand, is highly advisable for everyone because it eliminates the owner's additional
It is mandatory to have a Personal Accident Cover as per Government law. It provides coverage for any bodily injury or death of the owner-driver in case of any unfortunate events
In case of an accident or breakdown, Roadside Assistance cover will provide the ins ured with immediate assistance. It includes providing breakdown support, tyre repair service, battery assistance and towing facility to the nearest garage and more
In the event of an accident involving an insured vehicle, Shriram Goods Carrying Vehicle Insurance policy provides the insured with an advocate to guide and defend before the police and judicial magistrates
Yes. According to Section 146 of the Indian Motor Vehicles Act, 1988, it is mandatory to buy a Third-Party liability-only policy
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