Oriental Insurance Commercial Vehicles Package Policy

• Protection from loss or damage to your vehicle
• Cover for third party liability
• Personal accident cover for owner cum driver
• No Claim Bonus is payable
• Towing disabled cover is available
• Additional covers to customize the policy coverage
• Premium discounts are available
• Hassle free claim settlement process
• Avail cashless claims at listed network garages

Own Damage Cover

Loss or damage to the vehicle insured and/or its accessories is covered against perils such as fire explosion, self ignition or lightning, burglary, housebreaking or theft, riot and strike, earthquake, flood, typhoon & hurricane, accidental external means, malicious act, terrorist activity, in transit by road, rail, inland-waterway, lift, elevator or air, landslide or rockslide.

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 cum 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 lakhs is payable towards personal accident cover during any one period of insurance.

Towing Disabed Vehicles

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.

No Claim Bonus

No Claim Bonus (NCB) is applicable, in case of a claim-free policy year. The NCB benefit may vary depending on the type of vehicle and the number of no-claim policy years.

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

• Additional Legal Liabilities: Additional legal liabilities towards Paid driver employed for operation of vehicle and Employees travelling in/driving the vehicle other than paid driver is also covered.
• Personal Accident Cover: Additional personal accident cover is available for Paid Driver, as stated in the policy schedule.
• Bi-fuel Kit: The CNG-LPG bi-fuel kit can also be covered upon opting the add-on cover.
• This policy also provides riders to cover ‘Loss/Damage to electrical & non-electrical accessories’.

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

• Vehicle is used outside the geographical area
• Vehicle being used otherwise than in accordance with the ‘Limitations as to Use’ specified
• Any claim arising out of contractual liability
• Loss /Damage outside India
• Mechanical breakdown
• Consequential loss
• Depreciation, wear and tear
• Intoxicated driving
• Loss /Damage caused due to War/Mutiny/Nuclear risks, etc.