Commercial Vehicle Basic Cover

Key Coverages & Benefits

Nil Depreciation – Insured indemnified without deduction of depreciation on replaced parts (except tyres & tubes) for partial loss claims.

IMT 23 – Excess Waiver (100% Cover) – Provides 50% cover on Lamps, Tyres/Tubes, Mudguards, Bonnet/Side Parts, Bumpers, Headlights, and paintwork of damaged portion only.

50% Discount on Consumables – Significant savings on claim-related consumables.

Enhanced Towing – Coverage extended up to ₹22,500.

EMI Protection – Up to 2 EMIs covered in case of claim.

Return to Invoice (RTI) – Get the original invoice value in case of total loss/theft.

Daily Cash Allowance / Loss of Income – Compensation for vehicle downtime.

Facilities

Advance ₹2 Lakh Credit Limit for 7–10 days.

No Manual Cover Notes – Direct policy issuance.

Endorsement Facility – Quick policy updates.

Cancellation Facility – Flexible policy cancellation option.

Multiple Add-On Covers – Choose as per need.

Claim Services

Transparent & hassle-free claim processing.

Attractive financial offerings from 25+ leading insurance companies.