Vehicles plying outside the Geographical Area, claim out of any contractual liability, vehicles being used otherwise than in accordance with the limitations as to use, being driven by any person other than a driver as stated in the Drivers Clause, nuclear risks, liability directly or indirectly arising from nuclear weapons material are the general exceptions.
Period of the Policy
Generally annual policy is issued but at the request of insured, risks can be granted for short period.
Short Period Rates
Period ( Not Exceeding)
Annual Premium Rate
| 1 Week |
10% |
| 1 Month |
20% |
| 2 Months |
30% |
| 3 months |
40% |
| 4 Months |
50% |
| 5 Months |
60% |
| 6 Months |
70% |
| 7 Months |
80% |
| 8 Months |
90% |
| Exceeding 8 Months |
100% |
|
