SBI Private Car Package Policy

Under this add-on, the company pays the full claim without any deduction for depreciation in the event of an accident. (Excludes Tyres and Batteries)

Under this add-on, the company ensures that upon a theft, Constructive total loss or a total loss to the car, the insured gets the purchase price of the car including road tax and first time registration charges.

Special Conditions

a) Company agrees to pay the “shortfall amount” between the amount received under Section I (Own Damage) of the motor package policy and the price as per the purchase invoice OR the current replacement value of insured vehicle if the same make model is available, whichever is less.
b) The vehicle is not more than 2 years old on the date of commencement of the policy period.

Under this Add-on, even if there is claim made during the policy period, the company would assign same No Claim Bonus percentage.

Special Conditions

a) The vehicle is renewed with SBI General.
b) There was only one single such claim lodged in the entire Policy period.
c) The insured vehicle is repaired in a Company Authorised Garage.
d) The rate of NCB allowed at the time of renewal will be same that he was enjoying prior to the loss.

Under this add-on, the company will reimburse the Insured, the cost of replacing the vehicle keys which are lost, stolen or the vehicle lock is broken at the time of burglary or attempted burglary, by a new set of lock & keys.

Special Conditions

a) In case of lost or stolen keys, all other duplicates of the lost or stolen keys are to be deposited with the Company.
b) In case the vehicle lock is broken at the time of burglary or attempted burglary, the entire set of old keys are to be deposited with the Company
c) The Company is provided with a copy of FIR lodged with Police by the Insured confirming the date and time of the incident
d) The replacement should be carried out in a Company Authorised Garage.
e) Each such replacement claim shall be subject to 10% co-share of the total cost of replacement –subject to a minimum of Rs 500/- , by the Insured.
f) Any items replaced under this Endorsement, will be of the same type, quality, quantity, or standard as the ones which were lost, stolen or replaced.
g) The Reimbursement under this endorsement will be allowed only once during the Policy period.

Under this add-on, the company will pay a daily cash benefit in an identifiable and admissible under Section 1 (Own Damage) claim of the Motor Package Policy.

Special Condition applicable

a) Daily cash benefit as prescribed in the Schedule is payable only for the time taken for repair of the damages caused by an accident covered under the Motor Comprehensive Policy subject to a maximum period of 10 days. The time taken for repairs is calculated from the time of starting of accidental repairs allowed by the Company to time of completion of the same.
b) Such approved repairs should be carried out in a Company Authorised Garage.
c) The deductible mentioned in the Schedule shall be reduced from the eligible days of benefit for each and every claim under the Policy. The Company’s liability to make any payment under the Policy is in excess of the deductible.
d) The cover is applicable only for the first two own-damage claims lodged during the Policy period.

Under this add-on, the company will make an allowance to the Insured for loss of personal belonging of Insured caused by perils as per policy wordings.

Special Condition applicable

a) This Endorsement covers the personal belongings of the INSURED ONLY.
b) Personal Belonging for the purpose of this Endorsement means, items such as clothes and other articles of personal nature likely to be worn by the Insured including jewelries, and/or used or carried by him like Mobile, Laptop, Audio/Video tapes, CD’s, but EXCLUDES money, securities, cheques, bank drafts, debit or credit cards, travel tickets, paintings, curios and items of similar nature.
c) The Company is to be provided with a copy of FIR lodged with Police by you confirming the date and time of the incident and the articles lost.
d) Any claim under this Section is subject to the precondition that there is a valid own damage or Key replacement claim in respect of the insured vehicle already admitted by the Company under the Policy
e) The maximum amount payable under this Policy is Rs 50,000/- during the Policy period. Each claim is subject to a deductible of Rs 5000/- for Laptop and Jewelries and Rs 2500/- for Mobiles and Rs 500/- for the rest.

Under this add-on, the company undertakes to pay compensation for bodily injury to the Insured (Owner Driver) in direct connection with the vehicle insured, or whilst mounting and dismounting from or traveling in the vehicle insured and caused by violent accidental external and visible means which independently of any other cause shall within six calendar months of the occurrence of such injury

Details of Injury	Scale of Compensation
i) i) Death	100%
ii) Loss of two limbs or sight of two eyes or one limb and sight of one eye	100%
iii) Loss of one limb or sight of one eye	50%
iv)Permanent Total Disablement from injuries other than named above	100%
v) Speech and hearing in Both ears	100%
vi) Speech OR Hearing in Both ears	50%
vi) Hearing in One ear	25%
vii) Thumb and index finger of same hand	25%
viii) Loss of Toes – All	20%
ix) Great Toe	5%
x) Other than Great Toe, if more than one toe is lost, then for each such toe	1%
xi) Loss of four fingers and thumb of one hand	40%
xii) Loss of Four fingers except the thumb	25%
xiii) Loss of thumb	5%
xiv) Loss of index finger	10%
xv) Loss of middle finger	6%
xvi) Loss of ring finger	5%
xvii) Loss of little finger	4%

Definitions:

1) “Loss” with regard to:
a) Toe, finger, thumb means actual complete severance from the foot or hand;
b) Hearing means entire and irrecoverable loss of hearing.

2) Permanent Total Disablement means: the Insured Person is incapacitated due to the injury - for a period lasting 12 months and at the expiry of that period being beyond reasonable hope of improvement – to an extent that engaging in each and every occupation or employment for compensation or profit which he/she was performing just prior to the accident, and for which the Insured Person is reasonably qualified by education, training or experience, is not possible for the rest of his/her life. If such Insured Person is either a Home-maker or Student or any Person without any known source of income, then such Permanent Total Disablement shall mean the Insured Person is incapacitated due to the injury - for a period lasting 12 months and at the expiry of that period being beyond reasonable hope of improvement – to an extent that engaging in each and every activity which he/she was performing or was capable to perform just prior to the accident, including future employment for compensation or profit for which the Insured Person is reasonably qualified by education, training or experience, is not possible for the rest of his/her life. The Home-maker shall also be incapacitated to perform Normal Domestic duties and the student shall also be incapacitated to perform Normal Activity of a student.

Normal Domestic duties means the domestic duties normally performed by a person who remains at home and is not working in regular employment for income, including : cleaning the home, doing the washing, shopping for food, cooking meals ; and when applicable , looking after children.

Normal Activity of a student means, activities normally performed by a student and is not working in regular employment for income, including attending any sort of educational institution including vocational training institutions, or studying at home.

Provided always that:

(1) compensation shall be payable under only one of the items (i) to (xvii) above in respect of any such person arising out of any one occurrence and total liability of the Company shall not in the aggregate exceed the sum of Rs.....…..* during any one period of insurance in respect of any such person.
(2) no compensation shall be payable in respect of death or injury directly or indirectly wholly or in part arising or resulting from or traceable to
(a) intentional self-injury, suicide or attempted suicide physical defect or infirmity or
(b) an accident happening whilst such person is under the influence of intoxicating liquor or drugs.

Subject otherwise to the terms exceptions conditions and limitations of this Policy.
* The Capital Sum Insured (CSI) per person is to be inserted.

Under this add-on, the company undertakes to pay compensation for bodily injury to the Un-Named Passenger of the insured vehicle, in direct connection with the vehicle insured, or whilst mounting and dismounting from or traveling in the vehicle insured and caused by violent accidental external and visible means which independently of any other cause shall within six calendar months of the occurrence of such injury

Details of Injury	Scale of Compensation
i) i) Death	100%
ii) Loss of two limbs or sight of two eyes or one limb and sight of one eye	100%
iii) Loss of one limb or sight of one eye	50%
iv)Permanent Total Disablement from injuries other than named above	100%
v) Speech and hearing in Both ears	100%
vi) Speech OR Hearing in Both ears	50%
vi) Hearing in One ear	25%
vii) Thumb and index finger of same hand	25%
viii) Loss of Toes – All	20%
ix) Great Toe	5%
x) Other than Great Toe, if more than one toe is lost, then for each such toe	1%
xi) Loss of four fingers and thumb of one hand	40%
xii) Loss of Four fingers except the thumb	25%
xiii) Loss of thumb	5%
xiv) Loss of index finger	10%
xv) Loss of middle finger	6%
xvi) Loss of ring finger	5%
xvii) Loss of little finger	4%

Definitions

1) Un-named Passenger – means a person or persons travelling by the insured vehicle, who is/are neither the Owner Driver of the insured vehicle or its Paid Driver. The number of such Un-named Passengers covered under this Endorsement should be equal to the Registered Carrying Capacity of the insured vehicle
2) “Loss” with regard to:
a) Toe, finger, thumb means actual complete severance from the foot or hand
b) Hearing means entire and irrecoverable loss of hearing.
3) Permanent Total Disablement means : the Insured Person is incapacitated due to the injury - for a period lasting 12 months and at the expiry of that period being beyond reasonable hope of improvement – to an extent that engaging in each and every occupation or employment for compensation or profit which he/she was performing just prior to the accident, and for which the Insured Person is reasonably qualified by education, training or experience, is not possible for the rest of his/her life.

If such Insured Person is either a Home-maker or Student or any Person without any known source of income, then such Permanent Total Disablement shall mean the Insured Person is incapacitated due to the injury - for a period lasting 12 months and at the expiry of that period being beyond reasonable hope of improvement – to an extent that engaging in each and every activity which he/she was performing or was capable to perform just prior to the accident, including future employment for compensation or profit for which the Insured Person is reasonably qualified by education, training or experience, is not possible for the rest of his/her life. The Home-maker shall also be incapacitated to perform Normal Domestic duties and the student shall also be incapacitated to perform Normal Activity of a student.

Normal Domestic duties means the domestic duties normally performed by a person who remains at home and is not working in regular employment for income, including : cleaning the home, doing the washing, shopping for food, cooking meals ; and when applicable, looking after children. Normal Activity of a student means, activities normally performed by a student and is not working in regular employment for income, including attending any sort of educational institution including vocational training institutions, or studying at home.

Provided always that:
(1) compensation shall be payable under only one of the items (i) to (xvii) above in respect of any such person arising out of any one occurrence and total liability of the Company shall not in the aggregate exceed the sum of Rs.....…..* during any one period of insurance in respect of any such person.
(2) no compensation shall be payable in respect of death or injury directly or indirectly wholly or in part arising or resulting from or traceable to (a) intentional self-injury, suicide or attempted suicide physical defect or infirmity or (b) an accident happening whilst such person is under the influence of intoxicating liquor or drugs.
(3) such Allowance shall be payable only with the approval of the Insured named in the Policy and directly to the injured person or his/her legal representative(s), whose receipt shall be a full discharge in respect of the injury of such person.

Subject otherwise to the terms exceptions conditions and limitations of this Policy.
* The Capital Sum Insured (CSI) per person is to be inserted.

Under this add-on, the company undertakes to pay compensation for bodily injury to the Paid Driver of the insured vehicle, in direct connection with the vehicle insured, or whilst mounting and dismounting from or traveling in the vehicle insured and caused by violent accidental external and visible means which independently of any other cause shall within six calendar months of the occurrence of such injury

Details of Injury	Scale of Compensation
i) i) Death	100%
ii) Loss of two limbs or sight of two eyes or one limb and sight of one eye	100%
iii) Loss of one limb or sight of one eye	50%
iv)Permanent Total Disablement from injuries other than named above	100%
v) Speech and hearing in Both ears	100%
vi) Speech OR Hearing in Both ears	50%
vi) Hearing in One ear	25%
vii) Thumb and index finger of same hand	25%
viii) Loss of Toes – All	20%
ix) Great Toe	5%
x) Other than Great Toe, if more than one toe is lost, then for each such toe	1%
xi) Loss of four fingers and thumb of one hand	40%
xii) Loss of Four fingers except the thumb	25%
xiii) Loss of thumb	5%
xiv) Loss of index finger	10%
xv) Loss of middle finger	6%
xvi) Loss of ring finger	5%
xvii) Loss of little finger	4%

Definitions:

1) “Loss” with regard to:
a) Toe, finger, thumb means actual complete severance from the foot or hand;
b) Hearing means entire and irrecoverable loss of hearing.

2) Permanent Total Disablement means: The Paid Driver is incapacitated due to the injury - for a period lasting 12 months and at the expiry of that period being beyond reasonable hope of improvement – to an extent that engaging in each and every occupation or employment for compensation or profit which he/she was performing just prior to the accident, and for which the Paid Driver is reasonably qualified by education, training or experience, is not possible for the rest of his/her life. Provided always that:

(1) compensation shall be payable under only one of the items (i) to (xvii) above in respect of any such person arising out of any one occurrence and total liability of the Company shall not in the aggregate exceed the sum of Rs.....…..* during any one period of insurance in respect of any such person.
(2) no compensation shall be payable in respect of death or injury directly or indirectly wholly or in part arising or resulting from or traceable to (a) intentional self-injury, suicide or attempted suicide physical defect or infirmity or (b) an accident happening whilst such person is under the influence of intoxicating liquor or drugs.
(3) such Allowance shall be payable only with the approval of the Insured named in the Policy and directly to the injured Paid Driver or his/her legal representative(s), whose receipt shall be a full discharge in respect of the injury of such Paid Driver.

Subject otherwise to the terms exceptions conditions and limitations of this Policy.
* The Capital Sum Insured (CSI) per person is to be inserted.

Under this add-on, the company has to support day-to-day expenses for Owner Driver who sustained injuries by accident while travelling in insured car and are admitted in hospital.

Definitions:

• Daily Benefit - means the amount payable for each Day spent in the Hospital.
• One Period of Confinement - means a Hospital confinement due to the same Accident or
• Injury unless separated by at least 45 Days.
• Period of Confinement - means a period of consecutive Days of confinement as an Inpatient caused by an Accident or Injury. However, successive confinements as an Inpatient caused by or attributable to the same Accident, or Injury, are considered to be part of the same Period of Confinement, unless the discharge date for the prior confinement is separated from the admission date for the next confinement by at least 45 Days only one Daily Benefit is provided for any one Day of confinement, regardless of the number of covered Accidents or Injuries, for which the confinement is required.

Exclusions:

• Coverage under this Endorsement section shall not cover:
• Hospitalization due to any Disease or Sickness; or pregnancy and resulting childbirth, miscarriage or Disease of the female organs of reproduction; or routine physical exams; or elective cosmetic or plastic surgery, except as a result of an Injury caused by a covered Accident while the Policy is in force; or any mental, nervous or emotional disorders or rest cures.
• Intentional self-injury, attempted suicide, physical defect or infirmity.
• Any accident or injury happening whilst such person is under the influence of intoxicating liquor or drugs.

Under this add-on, the company has to support day-to-day expenses for Un-Named Passenger/s of the vehicle who sustained injuries by accident while travelling in insured car and are admitted in hospital.

Definitions:

• Un-named Passenger – means a person or persons travelling by the insured vehicle, who is/are neither the Owner Driver of the insured vehicle or its Paid Driver. The number of such Un-named Passengers covered should be equal to the Registered Carrying Capacity of the insured vehicle Daily Benefit - means the amount payable for each Day spent in the Hospital.
• One Period of Confinement - means a Hospital confinement due to the same Accident or
• Injury unless separated by at least 45 Days.
• Period of Confinement - means a period of consecutive Days of confinement as an Inpatient caused by an Accident or Injury. However, successive confinements as an Inpatient caused by or attributable to the same Accident or Injury, are considered to be part of the same Period of Confinement, unless the discharge date for the prior confinement is separated from the admission date for the next confinement by at least 45 Days Only one Daily Benefit is provided for any one Day of confinement, regardless of the number of covered Accidents or Injuries, for which the confinement is required.

Exclusions

Coverage under this Endorsement shall not cover:

• Hospitalization due to any Disease or Sickness; or pregnancy and resulting childbirth, miscarriage or Disease of the female organs of reproduction; or routine physical exams; or elective cosmetic or plastic surgery, except as a result of an Injury caused by a covered Accident while the Policy is in force; or any mental, nervous or emotional disorders or rest cures.
• Intentional self-injury, attempted suicide, physical defect or infirmity.
• Any accident or injury happening whilst such person is under the influence of intoxicating liquor or drugs.

Provided always that

Such Allowance shall be payable only with the approval of the Insured named in the Policy and directly to the injured person or his/her legal representative(s), whose receipt shall be a full discharge in respect of the injury of such person.

Under this add-on, the company has to support day-to-day expenses for Paid Driver of the vehicle who sustained injuries by accident while travelling in insured car and are admitted in hospital.

Definitions:

Daily Benefit - means the amount payable for each Day spent in the Hospital.

One Period of Confinement - means a Hospital confinement due to the same Accident or Injury unless separated by at least 45 Days.

Period of Confinement - means a period of consecutive Days of confinement as an Inpatient caused by an Accident or Injury. However, successive confinements as an Inpatient caused by or attributable to the same Accident or Injury, are considered to be part of the same Period of Confinement, unless the discharge date for the prior confinement is separated from the admission date for the next confinement by at least 45 Days Only one Daily Benefit is provided for any one Day of confinement, regardless of the number of covered Accidents or Injuries, for which the confinement is required.

Exclusions:

Exclusions:

Coverage under this Endorsement shall not cover:
• Hospitalization due to any Disease or Sickness; or pregnancy and resulting childbirth, miscarriage or Disease of the female organs of reproduction; or routine physical exams; or elective cosmetic or plastic surgery, except as a result of an Injury caused by a covered Accident while our policy is in force; or any mental, nervous or emotional disorders or rest cures.
• Intentional self-injury, attempted suicide, physical defect or infirmity.
• Any accident or injury happening whilst such Paid Driver is under the influence of intoxicating liquor or drugs.

Provided always that

Such Allowance shall be payable only with the approval of the Insured named in the Policy and directly to the injured Paid Driver or his/her legal representative(s), whose receipt shall be a full discharge in respect of the injury of such Paid Driver.

The Company agrees to pay for losses arising out of repair or replacement of engine parts of the Insured vehicle due to ingression of water in the engine or Leakage of lubricating oil due to accident.

Special Conditions applicable

1) Repair and / or replacement of internal child parts of engine such as pistons, connecting rods, crank shafts, cylinder head and labour cost incurred to overhaul these parts;
2) Repair and / or replacement of internal parts of gear box such as gears or shafts in gear box housing including labour cost incurred to overhaul these parts.

Provided that the indemnity granted by this endorsement is:

1) Subject to evidence being there of either insured vehicle being stopped in water logged area or oil chamber of insured vehicle being damaged and resulting in damage to internal child parts of engine and gear box as specified above;
2) Shall not cover any consequential loss to any other parts other than as mentioned in scope of this endorsement;
3) Shall not cover loss or damage due to corrosion of engine because of delay in retrieval of insured vehicle from water logged in area;
4) Shall not cover cost of consumables;
5) Shall not cover depreciation amount on spare parts replaced;
6) Shall not include compulsory deductible and any voluntary deductible opted under the Policy.

Subject otherwise to the terms, exceptions, conditions and limitations of the Policy.

Under this add-on, the company will provide full value of claims on items like nut and bolt, screw, washers, grease, lubricants clip, ac gas, gear box oil, bearings, distilled water, engine oil, oil filter, fuel filter, break oil, etc. these items are either totally consumed or rendered unfit for further consumption arising due to accidental damage, the expense would be borne by Insurance Company.