Basis of Indemnity will be to the extent lost/suffered in terms of replacement value for the parts to be replaced in case of partial accidental damage with associated labour to be assessed by an Independent licenced surveyor (relaxed for in-house surveyor within the estimate of Rs.20,000/-) keeping policy terms and condition in view. For total loss, market value determined by an independent licenced surveyor will be the basis. For extensive damage which ultimately makes the repairing uneconomical total loss may be considered to be derived by the independent surveyor. In such cases, the insured, if he/she wishes can retain the salvage and net amount can be disbursed towards total settlement.
All the above term and condition are subject to change by Beema Samiti without any notice
Change is Constant
At National Insurance, we have embraced change and are simplifying our processes to meet your requirements at all times. Simplicity is now part of our progressive stance. And that starts with our new look. It is a small part of the many changes that we have put into action, to provide you with prompt and hasslefree services...the simply way.
Personal Line Insurance
Personal Line Insurance is meant to cover risks of person and property of individuals or group of individuals or liability developing upon them...
Automobile Insurance
Private Car, Two Wheeler, Commercial Vehicle, Ambulance, Construction Equipment vehicle, Agriculture & Forest Vehicle
Industrial Insurance
Industrial Insurance is another branch of non-life insurance which covers various risks faced by the industry and serves to sustain the growth of the industrial activity.
