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Policy Report

ICICI Lombard General Insurance has issued a Private Car Policy for M/S HK Automobiles Private Limited, effective from September 28, 2024, to September 27, 2025. The policy covers a Hyundai Grand i10 Nios with a total premium of INR 30,779, including both own damage and liability components. The document outlines various terms, conditions, and coverage details, including a No Claim Bonus and grievance resolution process.

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0% found this document useful (0 votes)
13 views1 page

Policy Report

ICICI Lombard General Insurance has issued a Private Car Policy for M/S HK Automobiles Private Limited, effective from September 28, 2024, to September 27, 2025. The policy covers a Hyundai Grand i10 Nios with a total premium of INR 30,779, including both own damage and liability components. The document outlines various terms, conditions, and coverage details, including a No Claim Bonus and grievance resolution process.

Uploaded by

meerfa4801
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

ICICI Lombard General Insurance Company Limited.

Servicing Office : Hall No. 301 & 302, Third Floor, Bahu Plaza, Jammu, Jammu & Kashmir 180004, , , JAMMU, JAMMU
KASHMIR (State Code:01) -180004
Bundled - Private Car Policy UIN --IRDAN115RP0021V02202122
Certificate Cum Policy Schedule (FORM 51 OF THE CENTRAL MOTOR VEHICLE RULES, 1989)
PAN :AAACI7904G GSTIN: 01AAACI7904G2Z0 CIN :U67200MH2000PLC129408 IRDAI Reg:115

Policy No: 3001/HY-19600389/00/000 Proposal No. & Date: HIIB11259668, 28-SEP-2024


Policy Issued On: 28-SEP-2024 14:06 HRS Previous Policy No.: NA
Insured Name: M/S HK AUTOMOBILES PRIVATE LIMITED Previous Insurer: NA
Period of Own Damage : 28-SEP-2024 (14:06) To 27-SEP-2025 (1 YEAR)
PROP. MR UMAR YAQOOB MIR R/O ATHWAJAN PANTHA CHOWK Period of Liability Cover: 28-SEP-2024 (14:06) To 27-SEP-2027 (3 YEARS)
Insured Address:
KHONMOH , SRINAGAR , JAMMU KASHMIR (State Code:01) -191101
Period of Compulsory NA
Personal Accident Cover:
Customer Type PAN GSTIN Name Age (Yr.) Relation
Customer Details Nominee Details
CORPORATE NA

Vehicle Details
Make Model Variant Cubic Capacity Manufacturing Year Seating capacity
HYUNDAI GRAND I10 NIOS 1.2MT KAPPA ASTA 1197 2024 5
Body Type Registration No. RTO Hypothecation/Lease* Fuel Type VIN/Chassis No.
HATCHBACK NEW SRINAGAR YES PETROL MALB551CLRM594978
Vehicle IDV Electrical Accessories Non-Electrical Accessories BI Fuel Kit Total IDV Engine No
759,525 0 0 0 759,525 G4LARM113359

Own Damage Premium (A) Amount(INR) Liability Premium (B) Amount(INR)


Basic Own Damage Premium Basic Third Party Liability Premium 10,640
Vehicle 14,543 Bi-Fuel Kit 0
Non-Elec. Accessories (IMT-24) 0 Geographical Area Extension (IMT-1) 0
Elec. Accessories (IMT-24) 0 Sub Total (Third Party Liability) 10,640
Bi-Fuel Kit (IMT-25) 0 Personal Accident (PA) Cover
Geographical Area Extension (IMT-1) 0 Compulsory PA Cover for Owner Driver Rs 0 (IMT-15) 0
IMT 23 Premium 0 PA Cover for 0 Unnamed Passengers Rs 0 Each (IMT-16) 0
Sub Total (Basic Premium) 14,543 PA cover for Paid Driver of Rs 2 Lac (IMT-17) 0
Discount/Deductibles Sub Total PA Cover 0
Voluntary Deductibles (0) (IMT-22A) 0 Legal Liability
Anti Theft Device (IMT-10) 0 Paid Driver (IMT-28) 150
AA Membership (IMT-8) 0 Employees (for 5 persons) (IMT-29) 750

No Claim Bonus (0%) 0 Sub Total (Legal Liability) 900

Handicapped Discount (IMT-12) 0 Net Liability Premium (B) 11,540


Sub Total (Deductibles) 0 Total Premium (A+B) 26,083
Total Own Damage Premium 14,543 SGST(9%) 2,348
Add On Coverages 0 CGST(9%) 2348
Net Own Damage Premium (A) 14,543 Gross Premium Paid 30,779
Add-on Cover Opted in the Policy:

Notes: 1. New Challan /Deface Number: CSD0220242018,Challan Date:30/01/2024 Effective Date:22/03/2024 Note: This challan number is not applicable for Jammu & Kashmir policies
2.This policy has been issued upon declaration by the Insured that a valid Pollution Under Control (PUC) Certificate is held on the date of
commencement of the Policy. The insured undertakes to renew and maintain a valid and effective PUC and/or fitness Certificate, as applicable, 3.Geographical Area Ext. extended to (IMT-1): NA
during the subsistence of the Policy.
5.The policy is subject to compulsory deductible of INR 1000
4. Policy issuance is subject to realization of cheque if premium is paid by cheque
(IMT-22) & Voluntary Deductible of INR 0
7. Basic premium rates differ for NCB V/s Non -NCB , any wrong
6. This policy is to be read in conjunction with the Policy /Add-on wordings T&C available on the insurer website
NCB declaration will attract recovery of NCB portion & difference of
http://www.icicilombard.com
basic rate
*Hypothecation Details: MAHINDRA AND MAHINDRA FINANCIAL SERVICES LTD - KARAN NAGAR - SRINAGAR Payment Mode: Online
Limitations as to use:The policy covers use of the vehicle for any purpose other than (1) Hire or Reward (2) Carriage of goods (other than samples or personal luggage) (3) Organized racing (4) Pace
making (5) Speed testing (6) Reliability trials (7) Any purpose in connection with motor trade.
Driver's Clause: Any person including the insured: 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
license. Provided also that the person holding an effective learners license may also drive the vehicle & that such a person satisfies the requirements of Rule 3 of the Central Motor Vehicle Rules, 1989.
Limits of Liability Clause: Under Section II-1(i) of the policy-Death of or bodily injury: Such amount as is necessary to meet the requirements of the Motor Vehicle Act 1988.Under Section II-1 (ii) of
the policy-Damage to third party property is INR 7.5 Lakhs, PA Cover Under Section III for Owner-Driver is INR 0.
No Claim Bonus: The insured is entitled for a No Claim Bonus (NCB) on the own damage section of the policy, if no claim is made or pending during the preceding year(s) - 20%, preceding
two consecutive years - 25%, preceding three consecutive years - 35%, preceding four consecutive years - 45%, preceding five consecutive years - 50% of NCB on OD Premium.
NCB is allowed provided the policy is renewed within 90 days of the expiry date of the previous policy.
Declaration on Tax Invoice We hereby declare that though our aggregate turnover in any preceding financial year from 2017-18 onwards is more than the aggregate turnover notified under sub-rule (4)
of rule 48, we are not required to prepare an invoice in terms of the provisions of the said sub-rule.
Important Notice: The insured is not indemnified if the vehicle is used or driven otherwise than in accordance with the schedule. Any payment made by the company by reasons of wider terms
appearing in the certificate in order to comply with the Motor Vehicle Act, 1988 is recoverable from the insured. See the clause headed "AVOIDANCE OF CERTAIN TERMS & RIGHT
OF RECOVERY" For legal interruption, English version will hold good.
Grievance Clause: For resolution of any query or grievance, Insured may check Grievance redressal policy at https://www.icicilombard.com/grievance-redressal or connect with the respective servicing
office of insurance company. In the event of unsatisfactory response,he/she may approach the insurance ombudsman for the redressal of grievance at www.irdai.gov.in or on website of General Insurance
Council: www.gicouncil.in
HSN/SAC : 997134, Description of Service : Motor Vehicle Insurance Services, Place of Supply : JAMMU KASHMIR(State Code : 01), Insurer Invoice Number : 180924279864
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 XI of Motor Vehicle Act, 1988.
Insurance Broker Name : Hyundai India Insurance Broking Pvt. Ltd. Scan for Renewal For & On Behalf of
Corporate Office:16th Floor, Building No. 9A, DLF Cybercity, Phase III, Gurugram, (Valid from 90 Days Prior to Expiry) ICICI Lombard General Insurance Company
Haryana 122001 Limited.
Broker Code: 822 (Valid UPTO:30/05/2025) MISP NAME-HK AUTOMOBILES PRIVATE
CIN No.: U67200HR2021PTC098982 LIMITED
GST: 06AAGCH0310P1ZP MISP CODE-HIIB-MHY-0263
Email ID: [email protected] DP NAME-MR UMAR YAQOOB MIR
Contact No: 0124-6833000
Authorized Signatory
For Claims, Policy Servicing & Renewal, Kindly contact (HK Hyundai) at +91-8899200164

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