Among extensive travelling and hectic crowd, accidents or minor collisions are nothing unusual. These minor incidents could often effect the pre-determined budget hence most secure way to have a hassle free drive is with motor insurance. Motor insurance covers automobile, driver or also the co- travelers.Optimized solutions for various types of motor insurance

• Types of motor insurance
  • Car insurance

  A comprehensive coverage against physical damage and bodily injury to the car and covers against third-party liability.

  • Two wheeler insurance

  A comprehensive two-wheeler insurance policy provides hassle-free protection to your bike or scooter against physical damage, theft and third party liability.

  • Commercial vehicle insurance

  Commercial vehicle insurance is a Liability Only policy for commercial vehicles across the various classes of vehicles like goods carrying vehicles – private and public carrier, passenger carrying vehicles, miscellaneous and special types of vehicles.

  • Features
  • In India, under the provisions of the Motor Vehicles Act, 1988, it is mandatory that every vehicle should have a valid Insurance to drive on the road, According to MVC 196 Driving without Insurance the penalty will be Fine up to Rs 1000 or Imprisonment up to 3 months or bothIt is mandatory that every vehicle moving on the roads of India, under the provisions of the Motor Vehicles Act, 1988 should have a valid Insurance. Driving without Insurance aaccording to MVC 196 could be penalised with a fine up to Rs1000 or imprisonment fine up to 3 months or both. Motor Policy coverage could be segregated underPackage Policy (Full coverage) giving own damage coverage & third party coverage. Own damage to the vehicle due to

  • Fire explosion, self ignition, or lightning.

    Accidents

    Burglary, housebreaking & theft.

    Riots & Strike

    Earthquake (Fire & Shock)‏

    Act of God perils.

    Malicious act

    Terrorist activity

    In transit

    Land slide / Rock slide

  • Liability Policy ( Third party policy)( statutory)
  • Liability Policy could be loss or Damage to third party:
  • All the sum which the insured is legally liable to pay in respect of death or bodily injury to a person.
  • Damage to third party property up to an amount of Rs. 7.5 lacs for private car and Rs. 1.0 lac for two wheelers.
  • Damage to third party property up to an amount of Rs. 7.5 lacs for private car and Rs. 1.0 lac for two wheelers.
  • These types of occasions often calls for immediate attention which would be meet with expertise within no time at any of the direct branches of UAE Exchange at more than 380 locations.