Shri Suraksha Insurance

This is a package policy designed to provide insurance shield to vehicle owners/person (s) engaged in operation and maintenance of vehicle and their family members/parents against personal accident cover and Fire and allied risk cover against residential building (if owned by the insured)/contents.

Who can take the policy?
All vehicle owners, person(s) engaged in operation/maintenance of vehicle and allied services up to age of 70 years.

Special Features
Policy has 2 sections. Section I and II are compulsory.

Section I
Insured can choose Section I according to his marital status. It provides Personal Accident cover up to Rs. 250000 on Floater basis. Individual sum insured is fixed for self, spouse, children, parents as stated in the schedule.

Section II
It provides cover to vehicle owners, person(s) engaged in operation/maintenance of vehicle and allied services for residential building/ contents against the risk of fire and Allied perils. The maximum sum Insured is Rs. 3, 00,000. If residential building is owned by insured then risk covered under fire and allied perils is of Rs. 2,00,000 for residential building & Rs. 1,00,000 for contents and if it is rented house then only contents are covered of Rs. 1, 00,000.

Fixing of Sum Insured

Insured will have to choose one out of two options. Premium of Rs. 999/- inclusive of service tax will be same for both the options.

OPTION I MARRIED VEHICLE OWNERS/PERSON ENGAGED IN OPERATION AND MAINTENANCE OF VEHICLE