What are the risks covered by the Comprehensive policy?

• Natural calamities, such as fire, explosion, self ignition or lightning, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide, and fire and shock damage due to earthquake

• Man-made calamities, such as burglary, housebreaking or theft, riot or strike, accident by external means, malicious act, terrorist activity and damage during travel by road, rail, inland-waterway, air, or elevator

This policy also includes personal accident cover, which provides compulsory accident cover for the owner of the vehicle while driving. The owner can also avail personal accident cover for passengers in the vehicle.

Another mandatory feature is the third party legal liability cover - it protects the owner against legal liability arising from an accident causing any permanent injury or death as well as any property damage.

This insurance policy also pays for towing charges from the place of accident to the workshop, subject to a maximum of Rs.300/- for scooters and motorcycles and Rs.1,500/- for private cars and commercial vehicles.

Also available is a restricted cover for fire and theft - only for vehicles that are laid up in a garage and not in active use.