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Policy

The document is a policy schedule cum certificate of insurance for a commercial vehicle package issued by The New India Assurance Co. Ltd. It details the insured's information, vehicle specifications, coverage period, premium amounts, and terms of the policy. The coverage is valid from May 29, 2024, to May 28, 2025, with a total premium of Rs 10,848 including GST.

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0% found this document useful (0 votes)
12 views3 pages

Policy

The document is a policy schedule cum certificate of insurance for a commercial vehicle package issued by The New India Assurance Co. Ltd. It details the insured's information, vehicle specifications, coverage period, premium amounts, and terms of the policy. The coverage is valid from May 29, 2024, to May 28, 2025, with a total premium of Rs 10,848 including GST.

Uploaded by

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Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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You are on page 1/ 3

THE NEW INDIA ASSURANCE CO. LTD.

(Government of India Undertaking)

POLICY SCHEDULE CUM CERTIFICATE OF INSURANCE


Commercial Vehicle PackagePolicy

UIN Number - IRDAN190RP0044V01100001

Policy Number :36080031240100001031


POLICY ISSUING OFFICE: BUSINESS CHANNEL/CPSC User: CLAIM CONTACT:
THE NEW INDIA ASSURANCE CO. LTD. NAME: Jalandhar Non Suit Claim Hub (369004)
(360800), Turtlemint Insurance Broking Services Private ADDRESS: SCO 30-31,GURU RAM DASS DIVINE
DIVISIONAL OFFICE (360800) , IST FLOOR, Limited - (BR00000175), TOWER,PUDA COMPLEX OPP SUVIDHA
THIARA COMPLEX, , BUS STAND ROAD, PHONE NUMBER:18002660101 / / CENTRE,JALANDHAR , , , PUNJAB , 144001.
HOSHIARPUR , LAND/FAX NUMBER:02261149800/ PHONE NUMBER: 1234567890 /
PUNJAB , 146001. EMAIL:payment@turtlemint.com / MOBILE NUMBER:
PHONE NUMBER:01882251691 / po_turtlemintinsurance@turtlemint.com Email: ch369004@newindia.co.in
01882253467 / 9888015153
FAX NUMBER:01882250932 / NA
Email:nia.360800@newindia.co.in

INSURED DETAILS
Insured's Name KAPSHA CONSTRUCTIONS PVT LTD Customer ID POB4518419 (PAN No :NA)
Insured's Address SCO 20 URBAN ESTAE NEAR RADHA SWAMY DERA Contact Number / / XXXXXX9003
,RAM TIRATH RAOD ,AMRITSAR,
AMRITSAR ,PUNJAB, 143001
Email accounts@kapshaconcrete
.com
GSTIN 03AAHCK1834E1ZZ

POLICY DETAILS
Period of cover 29/05/2024 12:00:01 AM to 28/05/2025 11:59:59 PM Receipt Number 10000089240500587188 -
27/05/24
Previous Insurer THE ORIENTAL INSURANCE CO. LTD. Previous Policy Number 233301/31/2024/476
VEHICLE DETAILS
Geographical Area / Zone: India/C Year of manufacture: 2019
Type of Commercial D - Misc-Special Type Sub Type: MOBILE PLANT
Vehicles:
Name of the Financier: TATA MOTORS FINANCE LTD Chassis no./Engine no.: MAT448864K3E14554/9B4
S180K191E63790990
Type of fuel: Diesel Cubic capacity ( cc): 0
Type of body: Closed Gross Vehicle Weight 25000
(GVW):
Make/Model: TATA MOTOR/LPK 2518 Registration no. PB-02-DV-1305
Seating capacity including 2 Variant: TATA LPK 2518 CRE BS-IV
Driver: HD
Automobile Association none Colour: BROWN
membership:
Cover Note No/Cover / Name of registration Amritsar
Note Issue Date: authority:

INSURED DECLARED VALUE (Rs)


Vehicle Trailer Non-Elec Acc Electrical Acc Bi-fuel kit Total Value
1950000 0 0 0 0 1950000

SCHEDULE OF PREMIUM
Own Damage Liability
Basic OD Premium 3176 Basic TP Premium 7267
(-)Calculated NCB Discount(50%) 1826.18 (+)LL to paid driver conductor cleaner employed for
(+)Loading for Inclusion of IMT 23 476.39 oprn 50
(+)LL to persons employed for opn and/or maint.and/or
loading and/or unloading(1) 50
Signature Not
Verified
Digitally signed
by DHIRAJ Policy No. : 36080031240100001031Document generated by 34362 at 2024/05/27 12:29:25.
KUMAR
Regd. & Head Office: New India Assurance Bldg., 87 M.G. Road, Fort, Mumbai - 400 001. TOLL FREE No. 1 800 209 1415.
Date: 2024.05.27
12:29:25 IST Give your valuable feedback on https://www.newindia.co.in/portal/policyFeedbackGen.
For redressal of your grievance, if any,you may approach any one of the following offices- 1. Policy issuing office 2. Regional office 3. Head office.In case, you are not satisfied with our own grievance redressal mechanism; you may also
approach Insurance Ombudsman. For details of our office addresses and addresses of office of Insurance Ombudsman, please visit our website http://newindia.co.in.
Página 1 de 3

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THE NEW INDIA ASSURANCE CO. LTD.
(Government of India Undertaking)

Calculated OD Premium 1827 Calculated TP Premium 7367


Total OD Premium (Rs) 1827 Total TP Premium (Rs) 7367
Net Premium (Rs) 9,194
GST (Rs) 1,654
Total Payable (Rs) 10,848
Total Payable in Rs(in words): RUPEES TEN THOUSAND EIGHT HUNDRED FORTY-EIGHT ONLY
GSTIN(Issuing Office) 03AAACN4165C1Z1
SAC 997134 (Motor vehicle insurance services)
Limitation as to use:The Policy covers use only under a permit within the meaning of the Motor Vehicles Act, 1988 or such a carriage falling
under Sub-section 3 of Section 66 of the Motor Vehicles Act, 1988.The Policy does not cover use FOR a)Organised racing b) Pace Making c)
Reliability Trials d) Speed Testing
Limits of Liability:Limit of the amount the Company's Liability Under Section II 1(i) in respect of any one accident: as per the Motor Vehicles
Act, 1988. Limit of the amount of the Company's Liability Under Section II 1(ii) in respect of any one claim or series of claims arising out of one
event: Up to Rs. 7,50,000
For individual covers (OD) in RS:1950000 Compulsory excess in Rs:9750
Imposed excess in Rs:0 Voluntary excess in Rs:0
Persons or classes of persons entitled to drive:Any person including the insured provided that a person driving holds an effective driving
license at the time of the accident and is not disqualified from holding or obtaining such a license. Provided also that the person holding an
effective Learner's License may also drive the vehicle and that such a person satisfies the requirement of Rule 3 of the Central Motor Vehicles
Rules, 1989.
PA cover for Owner Driver
Name of Nominee Age of Nominee Relationship with the Name of the Appointee (if Relationship to the
Insured Nominee is a minor) Nominee
none 0 none none none
PA cover for named persons
Name CSI Opted(Rs.) Nominee Relationship
NA NA NA NA
Premium and GST Details
Rate of Tax Amount in INR

Premium Rs 9,194
SGST 9 827
CGST 9 827
IGST 0 0

In witness where of this policy has been signed at THE NEW INDIA ASSURANCE CO. LTD. on this 27/05/2024
WARRANTED THAT IN CASE OF DISHONOUR OF THE PREMIUM CHEQUE, THIS DOCUMENT STANDS AUTOMATICALLY CANCELLED ABINITIO
This policy is subject to the Terms, conditions and exceptions applicable to Package/Liability policy attached/available on the web site
http://newindia.co.in; IMT Endorsement Number(s) printed herewith attached 21,23,40,47,7.
Important notice:
The insured is not indemnified, if, the vehicle is used or driven otherwise than in accordance with this schedule. Any payment made by the
company by reason of wider terms appearing in the certificate in order to comply with the Motor Vehicles Act, 1988 is recoverable from the
insured: see clause headed "AVOIDANCE OF CERTAIN TERMS AND RIGHTS OF RECOVERY". It is clarified that in case the declaration regarding
the ncb or other previous policy details made by the insured, is found to be incorrect, all the benefits (including claim) under section-1 of this
policy, will stand forfeited.
Anti Money Laundering Clause: In the event of a claim under the policy exceeding Rs 1lakh or a claim for refund of premium exceeding Rs 1
lakh, the insured will comply with the provisions of AML policy of the company. The AML policy is available in all our operating offices as
well as Company website.
I/We hereby certify that the policy to which this Certificate For and on behalf of The New India Assurance Company Limited
relates as well as this Certificate of Insurance are issued in
accordance with the provisions of Chapter X and XI of M.V. Act,
1988.
Date of Issue: 27/05/2024

Policy No. : 36080031240100001031Document generated by 34362 at 2024/05/27 12:29:25.


Regd. & Head Office: New India Assurance Bldg., 87 M.G. Road, Fort, Mumbai - 400 001. TOLL FREE No. 1 800 209 1415.
Give your valuable feedback on https://www.newindia.co.in/portal/policyFeedbackGen.
For redressal of your grievance, if any,you may approach any one of the following offices- 1. Policy issuing office 2. Regional office 3. Head office.In case, you are not satisfied with our own grievance redressal mechanism; you may also
approach Insurance Ombudsman. For details of our office addresses and addresses of office of Insurance Ombudsman, please visit our website http://newindia.co.in.
Página 2 de 3

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THE NEW INDIA ASSURANCE CO. LTD.
(Government of India Undertaking)

Duly Constituted Attorney(s)

IRDA Registration Number: 190


NIA PAN NUMBER: AAACN4165C

Policy No. : 36080031240100001031Document generated by 34362 at 2024/05/27 12:29:25.


Regd. & Head Office: New India Assurance Bldg., 87 M.G. Road, Fort, Mumbai - 400 001. TOLL FREE No. 1 800 209 1415.
Give your valuable feedback on https://www.newindia.co.in/portal/policyFeedbackGen.
For redressal of your grievance, if any,you may approach any one of the following offices- 1. Policy issuing office 2. Regional office 3. Head office.In case, you are not satisfied with our own grievance redressal mechanism; you may also
approach Insurance Ombudsman. For details of our office addresses and addresses of office of Insurance Ombudsman, please visit our website http://newindia.co.in.
Página 3 de 3

Page 3 of 3

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