Kotak Liability Only Passenger Carrying Vehicle Policy

• Cover for bodily injury/death to third party
• Property damage cover to third party
• Personal Accident Cover for Owner cum Driver
• Avail towing assistance cover
• Riders to enhance coverage
• Get cashless claims settlement at network garages

Cover towards Third Party Liability

Insured is covered against third party liability arising out of the use of the vehicle in respect of death or bodily injury to occupants carried in a vehicle other than the insured’s vehicle. It also covers damage to property other than the property belonging to the insured.

Personal Accident Cover for Owner - Driver

In case of bodily injury/death caused to the owner-driver of the vehicle, the compensation is payable depending on the nature of injury sustained.

For death and Loss of two limbs/sight of two eyes/one limb & sight of one eye is covered up to 100%, Loss of one limb or sight of one eye is covered up to 50% and Permanent total disablement from injuries other than the specified ones is covered up to 100%.

This compensation is payable, when the death/injury caused within six calendar months of accidental external and visible means. A maximum of Rs 2 lakh is payable towards personal accident cover during any one period of insurance.

Towing Cover

While the insured vehicle is being used for towing a mechanically disabled vehicle, this cover provides benefits towards third party liability in respect of such towed vehicle, subject to the terms as applicable under the policy schedule.

Following are the additional cover/add-ons that can be opted upon payment of additional premium.

• Loss of Accessories Cover: This add-on covers loss of electrical/electronic fittings, as stated in the policy schedule.
• Bi-Fuel Kit: This policy also provides loss/damage cover for CNG or LPG kit fitted in the insured vehicle.
• Personal Accident Cover: The personal accident cover is available for paid drivers, cleaners and conductors up to an amount, as mentioned under the policy.
• Legal Liability: Legal liability for paid driver, conductor and cleaner employed in connection with the operation of the insured vehicle.

Following are the conditions that are not covered under this policy:

• Consequential loss
• Depreciation, wear and tear
• Drunken driving
• Vehicle is used outside the geographical area
• Driven by a person other than stated in the driver’s clause
• Vehicle being used otherwise than in accordance with the limitations specified
• Radioactivity from any nuclear fuel or nuclear waste
• War perils, nuclear perils, etc.