Whilst in transit by rail, road, air, elevator, lift. Certain discounts in premia are also available. Individuals and corporate owners of the private cars and the financier of the car having insurable interest in it. In case of total loss, market value at the time of loss or sum insured whichever is less. This is used for personal purposes.
Accessories are to be specified separately under electrical and non-electrical items.
This is used for personal purposes only. Premium is calculated on cubic capacity and value of vehicle. Accessories are to be specified. Theft of accessories is not covered, unless the vehicle is stolen at the same time. Accessories extra, as specified.